Senior Actuarial Associate

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.

This Actuarial Valuations role offers a strong foundation in financial analysis and management reporting within a dynamic reinsurance environment. The individual will be responsible for analyzing financial results across US GAAP, Bermuda EBS/BSCR, and embedded value frameworks and translating those results into clear and insightful management reporting materials. Additional responsibilities include supporting the annual plan and forecast cycles, contributing to the assumption review process, and helping to improve and automate reporting workflows. This role provides meaningful exposure to senior management and broad collaboration across functions including close partnership with Finance and Investments.

Essential Duties and Responsibilities

• Support the quarterly financial reporting production cycle across US GAAP, Bermuda EBS/BSCR, and embedded value frameworks through the analysis of modeled results and production of the reporting package
• Monitor and refine existing analytics and reports to ensure continued relevance and alignment with evolving business needs
• Identify opportunities to enhance, streamline, and automate reporting processes and analytical frameworks
• Support the onboarding of new reinsurance treaties and products including the design and implementation of controls and analytics frameworks
• Support the annual actuarial assumption review process including experience analysis, assumption assessment, and quantification of financial impacts
• Support the annual planning and quarterly forecasting processes
• Serve as a key point of contact for external audit requests related to actuarial reporting
• Contribute to ad hoc projects and strategic initiatives across the actuarial and finance functions
• Other tasks as assigned.

Required Education and Experience

• Bachelor’s degree in actuarial science, mathematics, statistics, business, or related field required.
• A minimum of two years of actuarial experience is required.
• ASA designations are preferred.

Required Skills

• Familiarity with US GAAP (LDTI) and/or EBS/BSCR.
• Advanced Microsoft Excel skills.
• Some familiarity with R, Python, and/or comparable programming language, and/or actuarial modeling software (e.g., Prophet, MG-ALFA) preferred.
• Ability to anticipate, problem-solve, take action, and adapt in a fast-paced, growing business.
• High degree of attention to detail.
• Strong verbal and written communication skills.
• Ability to collaborate with others in support of key initiatives.

Compensation, Location and Travel

• Competitive salary, bonus and benefits package commensurate with experience.
• Martello Re welcomes applications for remote positions from candidates residing in the Eastern/Central time zones, or where the company currently operates (CT, FL, GA, IL, IN, MD, MA, MO, NJ, NY, NC, PA, SC, TN, TX & District of Columbia) or within a commutable distance to our Charlotte, NC office in the United States. 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.
• This position may require periodic travel to Martello Re offices or other relevant locations.

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