Martello Re

Martello Re is a newly-launched life and annuity reinsurer backed by $1.65 billion of capital. Our mission is to help insurers grow their businesses profitably and consistently, while ensuring they are well-positioned to deliver on all of their promises to policyholders. Through a commitment to exceptional financial strength, customized solutions, and unique investment capabilities, Martello Re provides life insurers with a fresh approach to reinsurance and a long-term partner they can count on.

Actuary, Modeling & ALM (Prophet)

ActuaryActuaryFull TimeRemoteTeam 77Since 2022

Location

North Carolina

Posted

32 days ago

Salary

Not specified

Bachelor Degree9 yrs expEnglishFis ProphetProphet AlsPythonRExcelWordPowerpoint

Job Description

About Martello Re At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders. The Actuary will serve as a key contributor within the Modeling & ALM team, with primary responsibility for the development, execution, and validation of Prophet actuarial models supporting financial reporting, capital planning, asset‑liability management, and strategic decision‑making in a Life & Annuities reinsurance environment. Extensive, hands‑on Prophet experience is required for this role. The successful candidate must have demonstrated experience building, enhancing, owning, and validating Prophet models for annuity products. The Actuary will independently lead complex modeling initiatives, own critical deliverables, and partner cross‑functionally to support profitable growth and sound pricing decisions in a fast‑paced reinsurance setting. Essential Job Duties and Responsibilities Lead execution and review of standardized monthly Prophet projections for US GAAP, Bermuda EBS/BSCR, Liquidity Risk, FP&A, Embedded Value, and Economic Capital / Stress Testing Own the design, development, enhancement, and ongoing maintenance of Prophet models for annuity reinsurance business, including product structures, assumptions, projection logic, and controls Serve as the technical owner of Prophet model architecture, ensuring models are fit‑for‑purpose, well‑governed, and aligned with evolving methodologies, regulatory requirements, and business needs Run complex Prophet‑based projections and compile, analyze, and interpret results to support valuation, pricing, forecasting, and capital management activities Perform advanced Prophet model validation, including independent replication, sensitivity testing, assumption analysis, and documentation of key controls, limitations, and findings Support ALM and capital planning by developing and interpreting asset‑liability metrics, liquidity projections, and risk‑adjusted performance indicators derived from Prophet outputs Partner closely with the Investments team, supporting asset projection methodologies and integrations that feed Prophet models and enable actionable, data‑driven insights Support the enhancement, automation, and streamlining of Prophet‑based economic models, including internal capital models, liquidity risk frameworks, embedded value, and collateral management Serve as a technical mentor and subject‑matter expert in Prophet, providing guidance, model review, and best‑practice support to junior actuarial staff Clearly communicate Prophet assumptions, results, movements, and recommendations to senior management through high‑quality presentations and written materials Other tasks as assigned Required Education and Experience Bachelor’s degree in actuarial science, mathematics, statistics, business, or related field required FSA designation required Minimum of 5 years of actuarial experience with significant, hands‑on Prophet modeling responsibility Direct experience building, enhancing, and owning Prophet models for annuity products is mandatory Prior experience in Life & Annuities insurance or reinsurance, with reinsurance experience strongly preferred Required Skills Advanced, hands‑on expertise in FIS Prophet is non‑negotiable, including model build, enhancement, execution, validation, and governance Experience and expertise with Prophet ALS is preferred Strong understanding of annuity product mechanics, cash‑flow modeling, and reinsurance structures Advanced technical skills in actuarial modeling tools and/or programming languages (e.g., Prophet, Python, R) Advanced Microsoft Office skills (Excel, Word, PowerPoint) Proven ability to manage multiple priorities and meet deadlines in a fast‑paced environment Strong analytical, problem‑solving, and attention‑to‑detail skills Ability to clearly communicate complex modeling concepts to both technical and non‑technical stakeholders Ability to work independently and collaboratively, including leading or managing a small team as needed High ethical standards and professional integrity Supervisory Responsibilities This role may manage a small team of actuarial analysts Location and Travel Martello Re welcomes applications for remote positions from candidates residing in the Eastern/Central United States where the company currently operates. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status Minimal travel required (up to 10%), primarily for meetings for internal offsite collaboration, or more frequently as determined by business needs Physical Requirements Prolonged periods of sitting at a desk and working on a computer. Must be able to lift 15 pounds at times Note for Recruitment Agencies We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes. Note to Applicants Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re’s Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice – Martello Re.

Related Categories

Related Job Pages

More Actuary Jobs

Manager Actuarial Services

Capital Blue Cross

At Capital Blue Cross, we promise to go the extra mile for our team and our community. This promise is at the heart of our culture, and it’s why our employees consistently vote us one of the “Best Places to Work in PA.” We recognize that work is a part of life, not separate from it, and foster a flexible environment where your health and wellbeing are prioritized. At Capital, you will work alongside a caring team of supportive colleagues and be encouraged to volunteer in your community. We value your professional and personal growth by investing heavily in training and continuing education, so you have the tools to do your best as you develop your career. And by doing your best, you’ll help us live our mission of improving the health and well-being of our members and the communities in which they live.

Actuary32 days ago
Full TimeRemoteTeam 1,001-5,000Since 1938H1B Sponsor

Manages and provides technical guidance to the staff responsible for conducting actuarial studies and activities. Directs staff and plays an active role in the preparation and interpretation of data and related formulae. Monitors level and trend of profit and profitability by lin...

Actuarial AnalysisReservingRatemakingStatistical ModelingExcelAccessPowerPointSQLProject ManagementRegulatory ComplianceFinancial Reporting
United States
Full TimeRemoteTeam 501-1,000H1B No Sponsor

Actuarial Associate supporting pricing functions for insurance lines

United States
$140K - $165K / year
Full TimeRemoteTeam 1,001-5,000Since 30+ yearsH1B Sponsor

Actuarial Analyst I responsible for timely data analysis supporting corporate initiatives

United States
$62.7K - $100.4K / year

Actuary, ALM Asset Projections

Fidelity & Guaranty Life Insurance Company

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events. F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. Join our employee-centric hybrid work environment. F&G is a proud equal opportunity employer.

Actuary33 days ago
ContractRemote

The Actuary, Asset Projections is responsible for supporting the production, analysis, and communication of inforce and scenario-based asset projections. This role ensures that asset projection modeling delivers accurate, insightful, and timely results that inform decision-making...

United States