Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

View  Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.

We are always looking for bright, proactive individuals to join our team!

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PartnerRe is an equal opportunities employer.

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ABOUT THE ROLE

The focus of this role is to take part in the management and monitoring of a large and strategic portfolio of long-term protection products in EMELA. The team is made up of 5 permanent team members including 3 direct reports, and consultants and interns as required.

Key responsibilities

For long term protection segment in UK/IRL (Term and Critical Illness):

• Manage a team of 3 permanent employees including a Head of UK/IRL LT Protection
  • Ensure data quality and participate in integration of new data in LAP (Life Administration Platform)

For long term protection segment in EMELA excluding UK/IRL:

• Manage a team of 2 permanent employees, and consultants as required
• Ensure data quality and participate in integration of new data in Osiris

For both segments of long-term protection mentioned above:

• Manage production of quarterly reserves on applicable bases (USGAAP LDTI, SII, VIF, BMA …) using Axis tool or other in-house tools
• Preparation and sign-off of the Solvency II results including the shocks and Analysis of Change together with the GAAP / statutory accounting.
• Preparation of supporting documentation (checks, controls…) to validate work produced to line manager & auditors.
  • Annual preparation of the assumption review documentation (for Assumption and Model Change Committee and Group presentation) of base mortality and morbidity, morbidity deterioration, mortality improvements, termination rates, lapses and other relevant assumptions on the portfolio.
  • Provide insight into observed experience, propose base changes where relevant and quantify financial impacts.
  • Play an active role in the model and tools migration (Axis, Overlay, ATLAS R,…)
  • Onboard new or existing treaties into Axis with seriatim modelling
• Ensure the good feedback loop mainly with pricing/market team and with other teams (Operations, Corporate Actuarial, GAIT,…)

ABOUT YOU

Technical skills/competencies

• Knowledge in long term protection products
• Detailed knowledge of one or more reporting regimes or standards (FR GAAP, US GAAP, Solvency II, ...)
• Valuation / reserving and financial reporting experience would be beneficial with a focus on Health and Protection products
• Knowledge of a seriatim modelling tool, preferably Axis
• Knowledge R/VBA/PowerQuery coding language would be an advantage
• Reinsurance knowledge is an asset as well as US GAAP LDTI, French GAAP and Solvency II

Soft skills

• Effectively manage a team of 5 actuaries with different level of seniority
• Organized, able to work in a matrix structure
• Able to set and manage priorities
• Highly cooperative, flexible, and enthusiastic team-player
• Excellent verbal and written communication skills in English.
• Keen to work with other cultures and able to think outside the box in a dynamic environment

Work experience

Qualified actuary with at least 7 years of experience with management responsibilities (including interns or apprentices).

Education

University degree in relevant field (Actuarial, Statistics, Engineering)

Professional qualifications or designations

Qualified actuary

Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best.  We invite you to  learn more about D&I at PartnerRe.

Thank you,

PartnerRe Hiring Team