Actuary, Modeling & ALM (Prophet)

Martello Re Limited · via Himalayas ·

TypeFull-time job
LocationUnited States
Posted8 hours ago
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.
Originally posted on Himalayas
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