Associate Actuary

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 The 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.

Job Description

About this job:

We have an opening for an Associate Actuary in the Corporate Actuarial Reporting team in the Toronto office reporting to the Manager, Corporate Actuarial responsible for Solvency II and Bermuda Monetary Authority (BMA) reporting. 

The focus of this role will be in the ongoing consolidation and process refinement of quarterly Solvency II and BMA reporting for the North America Life business unit, including AXIS modelling, analysis of change, review of processes, improve controls, and respond to questions from key stakeholders. Working in the valuation department, you will be exposed to a variety of functions such as reserving, planning, pricing, experience analysis, and predictive analytics.

We encourage creative and innovative thinking from our staff. If you are someone who would like to leave an impact and make a difference, please apply!
The start date of the position is as soon as possible.

About the role:

Your core responsibilities include:

Financial Reporting

• Carry out quarterly Solvency II and BMA reporting for the North America Life business unit and assist with commentary.
• Support related key internal performance metrics calculation across different jurisdictions.
• Support projects for Solvency II and BMA reporting process refinement.

• Collaborate with management within North America Life valuation and coordinate with the Central Corporate Actuarial team to ensure timely reporting of all deliverables.
• Coordinate and liaise with risk, finance, internal and external auditors as required.

Process and Control Review

• Design, implement and review control processes and propose improvements to facilitate timely and accurate reporting.
• Ensure consistency in reporting across different jurisdictions.

Qualifications

About you:

Skills, knowledge and experience:

• Bachelor’s Degree
• Minimum 2 years of experience modeling in AXIS
• Minimum 2 years of experience in individual life products and life reinsurance industry
• Effective problem solving skills
• Ability to work under pressure and juggle multiple priorities
• Pro-active self-starter
• Proficiency in Microsoft Office Suite and Excel
• R and SQL database programming skills are desirable

Required documents:

1) Resume
2) Cover Letter
3) University Transcript
4) SOA Transcript

Additional Information

PartnerRe Toronto

The Toronto office was established in 2018 in the heart of Canada’s financial centre and is steadily growing. Our location offers a rich choice of business services, cuisines, fitness and entertainment options. There are currently 80 staff located in the Toronto office. The staff work in an open concept environment, enabling individuals to interact professionally. We collaborate across locations in multicultural international teams. Our business specialists look after Property & Casualty, Specialty and Lifelines of Business with the support of different functions, such as “Actuarial, Risk Management, Reinsurance Accounting, Claims, IT, Legal, Audit and HR”.

#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