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!

Please follow our Careers page for all updates on new positions.  We look forward to receiving your application.

PartnerRe is an equal opportunities employer.

Please join our company LinkedIn Page for all updates on new positions that are coming live.

Compensation and Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD $92,610 – $113,190 per year. For positions based in other jurisdictions, compensation will be determined in alignment with local regulations, market benchmarks, and internal compensation frameworks. The above range reflects the typical base salary range for candidates hired into this position. The actual salary will vary depending on a number of factors, including job location, experience, qualifications, education/training, skills, market conditions, and alignment with the role’s requirements.

In addition to base salary, eligible employees may participate in our annual incentive program, payment under which is at the discretion of PartnerRe and subject to individual and company performance. Eligible employees also have the opportunity to participate in an array of benefits, including medical, dental and vision coverage, a health spending account, a defined contribution pension plan, life insurance, short- and long-term disability coverage, etc.

Working Arrangement

PartnerRe operates with a hybrid work approach that balances in‑office collaboration with the flexibility of remote work. Our employees are required to be in the office 3 days a week. Our goal is to create an environment where employees can connect, innovate, and perform at their best. 

This position is for an existing vacancy within our organization.

PartnerRe is committed to an inclusive, accessible recruitment experience. Reasonable accommodations  for candidates with disabilities are available upon request throughout the hiring process.

Job Description

We are seeking an Associate Actuary to join our Corporate Actuarial Team in our Toronto Office.

Your responsibilities will include assisting in the completion of the following:

Quarterly valuation for Canadian line of business:

• Maintenance and updating of AXIS models for new and existing treaties across multiple legal entities and affiliated party retrocession treaties
• Reporting of IFRS17 (CGAAP), LDTI (USGAAP) and Best Estimate Reserves for life, longevity, critical illness, disability and short-term products
• Reporting of VIF, VNB, Economic Capital and other internal reporting requirements
• Calculate key actuarial components for quarterly LICAT and other local regulatory filings
• Conduct Reserve Movement Analysis
• Investigate and implement process improvements and enhancements
• Assist internal and external auditors and external peer reviewers

Qualifications

• Experience modeling in AXIS and R is preferred
• Experience in LDTI or IFRS17 is preferred
• Proficiency in Microsoft Office Suite and Excel
• Experience working in the reinsurance industry is preferred
• Ability to maintain effective control environment
• Ability to communicate with peers and staff
• Ability to work effectively in a team environment
• High degree of accountability
• Ability to handle multiple assignments communicating prioritizations to required levels
• Highest degree of professional ethics
• Strong interpersonal skills & effective communicator (written and oral)
• Demonstrated analytical, problem-identification and resolution skills with attention to detail
• Bachelor’s Degree
• At least three actuarial exams required with at least one year of actuarial work experience

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