Pricing Actuary

Posted 23 Days Ago
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Toronto, ON
Mid level
Insurance
The Role
The Pricing Actuary will provide profitability analysis for markets and individual transactions, supporting underwriters while ensuring pricing reflects all relevant information. Responsibilities include ownership of pricing analyses, communication with various stakeholders, and project participation for model development.
Summary Generated by Built In

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.

Job Description

About the role:

The position is embedded in the Worldwide Pricing & Analytics team, which is part of the Chief Actuarial and Risk Office. You will be based in the Toronto office, which is responsible for pricing Canada and Latin American business.

Your core responsibility is to be a Business Partner for the underwriters by providing profitability analysis of markets, segments, and/or individual transactions. In this role you will:

  • Take ownership of and support and work with the Managing Actuary the pricing analyses for all lines of business within the unit
  • Provide subject matter and functional expertise to internal/external stakeholders for the above segments
  • Support and work with the Managing Actuary for projects to refine key assumptions related to the above segments
  • Liaise with Underwriting, Claims, Reserving, and the Managing Actuary to ensure that pricing reflects all relevant information
  • Utilize PartnerRe actuarial models and understand the underlying actuarial theory
  • Participate on a variety of project teams (model development, annual parameter studies, ad hoc requests)

Qualifications

About you:

You have gained 3 to 5 years of work experience in non-life insurance/reinsurance pricing with a focus on Canadian business.

You hold a Bachelor's Degree with 3 to 5 CAS exams

You bring along the following experience/profile:

  • Understands mathematical and statistical concepts in addition to transactional actuarial pricing theory
  • Exhibits clear communication and good time management skills even under pressure; communicates clearly and succinctly whether in oral or written form; attentive and active listener
  • Identifies that a problem exists and applies critical thinking skills to develop solutions
  • Demonstrates intellectual curiosity to expand knowledge
  • Navigates existing systems and processes to accomplish stated business objectives effectively and efficiently
  • Identifies various macro and micro level views on a topic or situation

Additional Information

What we can offer you:

An international environment where you will be challenged, can learn from Senior Specialists, and are exposed to multiple lines of business. Our structure fosters collaboration with various partners in different locations. Our culture is based on trust, responsibility, openness, and initiative, and we pride ourselves on delivering the best possible reinsurance solutions for our clients. One of PartnerRe’s core strengths is its technical know-how, built over many years of investment in the right people working on challenges. Join us today!

#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

The Company
San Francisco, California
1,337 Employees
On-site Workplace
Year Founded: 1993

What We Do

At PartnerRe, we are a community of curious, intelligent industry experts, united by a drive to outperform. As an international reinsurer with a robust capital base, we are a market leader with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

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