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 position:

We are seeking a qualified individual to join our Life Global Actuarial Infrastructure Team.

Key responsibilities:

• Supporting the conversion of pricing models to valuation models that use Moody’s AXIS actuarial software ensuring close collaboration with the pricing and valuation teams to achieve cash flow reconciliation between pricing and valuation models and handing over valuation models that are fit for use in quarterly production by valuation teams
• Participate in the training and mentoring of other team members in the use and development of models and tools
• Helping to implement consistent modelling practices and methodologies across pricing and valuation models and across regions
• Promote communication amongst valuation and pricing modelers to facilitate knowledge transfer and a collaborative environment
• Ensure each product team follows a robust control framework and completes appropriate model testing and documentation
• Contribute to the implementation of sufficient model controls for SOX, internal and external audit requirements
• Analyses of future potential model improvements or updates
• Helping to coordinate Moody’s AXIS update implementations and testing with IT and modeler staff
• Work with LDTI, IFRS 17, FGAAP and SII subject matter experts to understand requirements for the extension of the AXIS valuation models to ensure compliance with the standards
• Internal Model Development using AXIS as a measurement tool

Technical skills/Competencies:

• Solid AXIS model development expertise is a requirement
• Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
• Strong product understanding and IT and data management skills
• Reinsurance knowledge is an asset
• Strongly driven to streamline business processes, with an emphasis on automation and maintainability
• Experience in specification, development and testing of actuarial and data transformation software

Behavioural competencies:

• Organized, able to work in a matrix structure
• Able to set and manage priorities
• Strong communication skills and proficiency in English
• High motivation, team-orientation
• Keen to work with other cultures

Work experience:

• 3+ years of actuarial or analytical pricing or modelling work experience in Life (re)insurance pricing or consulting.
• Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, FGAAP, BMA, MAS, Embedded Value and Internal Capital Models would be advantageous

Education:

• Actuarial Science or related degree.

Professional Qualifications or Designations:

• Qualified Actuary or working towards a designation with a recognized professional body.

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