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.
Martello Re Services Company LLC is seeking an Actuary to support and lead the production and reporting under the Economic Balance Sheet (EBS) framework. Standardize, streamline, and automate processes to minimize production work and maximize analytical work. Mange the production and reporting of the rating agency models (e.g., BCAR). Support management of current and projected capital positions. Keep current with Bermuda regulatory changes, educate others in the company, and coordinate with the impacted areas to understand implications/implement the changes. #LI-DNI
Position requires a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Business or a related field, followed by 4 years of experience with US GAAP, Bermuda’s Economic Balance Sheet (EBS), Embedded Value and Economic Capital frameworks. Experience must include at minimum: 4 years of experience with asset intensive products including fixed index annuity with and without guarantees, multi-year guarantee annuity, pension risk transfer, registered index linked annuity, funding agreements, universal life, indexed universal life, and whole life; 4 years of experience with financial controls framework and operational risk governance; 4 years of experience with R or Python; 2 years of experience with the Bermuda Solvency Capital Requirement (BSCR) Model; and 2 years of experience with actuarial modeling software (e.g., Prophet, MG-ALFA). Fellow of the Society of Actuaries (FSA) designation required. Monthly domestic and occasional international travel required. Telecommuting/remote work is available within the United States.
Job location: Charlotte, NC. To apply, please visit https://ats.rippling.com/martello-re/jobs and select the Job Title: Actuary. Alternatively, please send your résumé, cover letter, and a copy of the ad to: Martello Re Services Company LLC, Attn: Jaime Perez, 3530 Toringdon Way, Building 6, Suite 101, Charlotte, NC, USA 28277.
Top Skills
What We Do
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.
