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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Job Descriptiont

Job Summary

We are looking to hire a Treasury Capital Manager in Dublin reporting to the Group Treasurer. In this role you will be responsible for the Rating Agency Capital calculations of the Company, contribute to the Market Risk Capital Calculations & Analysis (notably Solvency II SCR) that underpin the Company’s Regulatory Capital frameworks and work with the Group Treasurer to coordinate the Capital Requirements of the Company within the framework of its broader Financial Planning process.

This role provides the opportunity to make a real impact by explaining the impact on business activities and proposing optimization strategies on the Rating Agency capital usage of the company as well as leveraging the outcomes to contribute to the broader capital management and planning framework of the Company’s Finance Organization. You will also work extensively with a range of related capital metrics, notably SII Market Risk. You will be collaborating with people around the globe across various functions including risk management, asset management, underwriters, cat modelling, and finance.

About the Role

• Lead a team (one direct report) responsible for rating agency capital, including modelling, monitoring, assessing, and forecasting of various rating agency capital requirements as well as planning and delivery of all related rating agency survey and data deliverables at the Company level and for consolidation into that of its Parent, Covea. You will coordinate closely across the organization on the compilation and governance of the rating agency process and with your counterparts at Covea. You will track and report the outcomes over time to both the Finance and Risk functions of the organization, notably for S&P, AM Best and Moody’s.
• Work with the Group Treasurer to integrate the Company’s actual, required and forecasted rating agency capital requirements into the Finance organisations broader financial planning process led by the Company’s Performance & Planning team and ultimately the Company CFO. This measures the rating agency required capital impact assessed against available capital comprising actual and forecasted external debt and hybrid equity capital, the impact of future debt maturities, potential external or intergroup refinancing, anticipated dividend payments, changes in reserving liabilities and or composition of premiums written and the growth of internally generated own funds from projected future cashflows.
• Lead the quarterly computation and analysis of the Solvency II SCR Market Risk Capital requirements of the Company and that of its Solvency II regulated entities as well as other regulatory risk-based regimes as applicable. Contribute the continual improvement of this process and related tools as well as participate in any capital modelling requirements that arise due to stress testing, changing regulatory guidelines or required regulatory simulations as well as forecasting requirements linked to various options concerning the company’s investment strategy and business planning.
• Offer optimization strategies and inputs for return on capital calculations for rating agency capital. This includes calculation of rating agency capital for differing asset classes for Investments and lines of business for Underwriting as well as support on strategic business cases and ad-hoc projects.
• Coordinate and track capital requirements across the Company’s various legal entities in conjunction with the Company’s legal entity CFOs.
• Develop models/tools to automate the rating agency capital data collection and modelling process in conjunction with the Company’s IT Finance dept.

Qualification and Work Expereince

Technical Skills

• You are looking for an opportunity to apply your finance or actuarial skills in a global reinsurance company.
• Excellent quantitative skills
• Knowledge of Rating Agency (e.g. S&P) capital models.
• Knowledge of Regulatory Capital models (e.g. Solvency II).
• IT proficiency e.g., MS Office, Alteryx, Addactis.
• Fluent in English

Soft Skills

• You are a good communicator and can present the results of your work in an effective way.
• You enjoy interacting with people from different teams and building up a network of contacts across the company.
• Creative mindset and open for new challenges
• Proactive with strong communication skills.
• Strong work ethic and commitment to meeting deadlines.

Work Experience and Qualifications

• A minimum of 5 years’ (Re-)insurance or similarly adaptable finance/investment industry experience
• Relevant professional qualification, such as CFA, or substantial progression in that regard

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