Senior Actuarial Associate – PRT, Pricing

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.

Actuaries on the Pricing & Risk Analytics Team are responsible for pricing new reinsurance opportunities, managing the profitability of existing deals, and seeking opportunities to improve returns on a risk‑adjusted basis. We’re seeking talented, highly collaborative actuaries who are passionate about using their technical superpowers to deliver outstanding solutions in a fast‑paced environment.

The Senior Actuarial Associate role will report to our lead PRT Actuary and offers a fantastic opportunity to combine traditional actuarial pricing and model development with hands‑on predictive modeling. We are specifically seeking individuals who are passionate about the R programming language who want to advance their technical skills to the next level. This role requires an individual who both excels at working on a team and can independently drive specific tasks to completion.

• Key contributor performing actuarial analysis of PRT cases including reviewing plan features, analyzing mortality experience data, and maintaining open source projection models.
• Conduct experience studies on plan‑specific data and utilize both traditional and predictive modeling techniques to recommend sound assumptions.
• Produce detailed written reports for management summarizing key assumptions, processes, controls, results, and pricing recommendations.
• Implement improvements to pricing and projection models while adhering to the company’s change management standards.
• Assist in new case onboarding including, but not limited to, hand‑offs to the modeling and valuation teams, premium true‑ups, and tracking of historical case metrics.
• Enhance pricing models and analytical tools by developing efficient, scalable R code and automation pipelines.
• Independently design and execute predictive modeling and advanced analytics projects to refine assumptions and quantify key risks.
• Support indicative pricing exercises through sensitivity testing, scenario analysis, and evaluation of deal competitiveness.
• Ensure adherence to peer review, documentation, and model governance expectations to maintain high‑quality technical work.
• Other duties as needed.

• Bachelor’s degree in actuarial science, mathematics, statistics, business, or related field required.
• Progress toward ASA designation (minimum 3+ exams completed).
• At least 3 years of relevant actuarial experience, preference to pricing experience and knowledge of annuity / pension products.

• Experience with open‑source programming languages (e.g., R, Python).
• Advanced Microsoft Office skills (Excel, Word, PowerPoint).
• Familiarity with actuarial modeling tools, with FIS Prophet preferred.
• High degree of attention to detail and excellent problem‑solving skills.
• Capable of summarizing and communicating complex topics clearly and succinctly.
• Excellent organizational skills, proficient in managing multiple tasks and meeting deadlines.
• Ability to work independently and as part of a team.
• High ethical standards and integrity.

• None (may mentor junior team members on specific tasks or projects).

• Martello Re welcomes applications from preferred locations of Charlotte, NC and Bermuda, or remote from U.S. Eastern or Central time zones where Martello Re 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.
• Periodic travel to Martello Re…