Head of Asset Allocation and Product Investment Portfolio Pricing

Head of Asset Allocation and Product Investment Portfolio Pricing

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 Head of Asset Allocation & Product Investment Portfolio Pricing plays a critical leadership role within the investment function of the company. This role will lead a team which is responsible for building asset allocation portfolios which support business objectives across all reinsurance products, with a strong focus on asset‑liability management (ALM), liability‑driven investing (LDI), and regulatory/capital considerations. This will include developing a strategic & tactical asset allocation for each product.

The team will also be responsible for monitoring & synthesizing performance versus pricing expectations through time.

• Lead and manage the asset allocation and portfolio pricing team responsible for supporting all reinsurance product lines, including pension risk transfer, annuity, and other life and retirement products.
• Develop and design target asset allocation mixes to optimize portfolio construction for business pricing, profitability and regulatory capital efficiency.
• Determine expected yields and risk‑adjusted metrics to ensure portfolios meet business objectives and risk appetite.
• Collaborate with external investment managers to assess achievable spreads, investment volumes, and market opportunities across all asset classes.
• Utilize optimization engines and quantitative models to construct optimal portfolios that balance economic returns with risk management.
• Manage and monitor key portfolio risks, including credit risk, duration risk, and asset‑liability management (ALM) risk.
• Ensure asset portfolios are aligned with business pricing needs and support the competitiveness of reinsurance products.
• Provide strategic input and reporting to senior management on portfolio performance, market trends, and investment opportunities.
• Foster a high‑performing team culture focused on innovation, analytical rigor, and continuous improvement in asset allocation and pricing methodologies.
• Perform other duties as assigned.

• Degree in finance, economics, business, mathematics, or a related field. CFA charter holder designation preferred.
• 10+ years of relevant experience in investment management, preferably within insurance, reinsurance, or asset management environments.
• Experience in asset allocation and relative value concepts for insurance companies. Experience in designing asset portfolio for life and annuity products is strongly desired.
• Proven experience managing investment teams.
• Experience at a life and annuity insurance or reinsurance company.
• Knowledge of liability‑driven investing and understanding of asset‑liability management (ALM).
• Familiarity with regulatory frameworks such as U.S. statutory accounting and/or Bermuda insurance regulations.

• Deep understanding of capital markets, investment strategies, and risk‑adjusted performance evaluation.
• Strong leadership, collaboration, and communication skills; able to influence at all levels of the organization.
• Strategic thinker with a hands‑on, execution‑oriented mindset.
• Exceptional analytical and decision‑making skills, with the ability to synthesize complex information.
• High ethical standards and a commitment to professional excellence.
• Ability to manage multiple priorities in a fast‑paced, dynamic environment.
• Experience leading cross‑functional initiatives and managing external partnerships.

• Directly supervises the asset allocation and pricing team and is responsible for team development and performance management. Mentor and develop junior team…