Actuary, Modeling & ALM (Prophet)

Martello Re; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Martello Re is seeking an Actuary to serve within the Modeling & AM team, focusing on Prophet models for financial reporting and capital management. The ideal candidate will have at least 5 years of hands-on experience with Prophet models in the Life & Annuities sector. Responsibilities include leading complex modeling projects, validating Prophet models, and collaborating across teams to support profitable decisions. The position offers remote opportunities for candidates based within the Eastern/Central United States.

Qualifications

• 5+ years of actuarial experience with significant Prophet modeling responsibility.
• Hands-on expertise in building and validating Prophet models.
• Experience in Life & Annuities insurance or reinsurance preferred.

Responsibilities

• Lead execution and review of Prophet projections.
• Own design and maintenance of Prophet models for annuities.
• Support ALM and capital planning through metrics from Prophet output.

Skills

Prophet modeling

Annuity product mechanics

Python

R

Microsoft Excel

Education

Bachelor’s degree in actuarial science or related field

Tools

FIS Prophet

Job description

About this position

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 & AM 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
• 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
• 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