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

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We are always looking for bright, proactive individuals to join our team!

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Role Summary:

We are seeking an experienced, dynamic, results orientated Senior Actuary to join our growing Global Life Financial Solutions team for Europe, Middle-East and Latin America regions. The successful candidate will be responsible for the development and implementation of models assessing the underlying risk (including high level experience analysis) and development of the appropriate structure (with broader team) to meet clients needs. The position will be based in Zurich, Paris, London or Dublin.

The role provides the opportunity for exposure to a wide variety of products and innovative reinsurance solutions in diverse markets and you will be expected to make a significant contribution to the development of our Global Life Financial Solutions team, and the wider enhancement of PartnerRe’s Life & Health propositions.

Key Responsibilities:

Your mission is to develop and price financial solutions transactions and grow PartnerRe’s revenue in the EMELA region.

In more detail your responsibilities will include:

Develop, structure and market appropriate reinsurance solutions encompassing accounting, regulatory and economic risk-transfer aspects
Technical development of pricing tools to analyse risk and profitability of life reinsurance solutions
Contribute to the deal execution involving responding to RFPs, negotiating terms with clients and brokers, and prepare internal approval memos
Support the business development efforts prospecting/client visits promoting our solutions and tailoring to specific client objectives
Prepare and make internal and external presentations on life reinsurance topics as required

Qualifications:

Technical Skills:

You are a technically excellent individual with an ability to demonstrate commercial sense
Strong actuarial background in pricing life and health insurance / reinsurance and familiar with accounting standards (e.g., USGAAP, IFRS17)
Good knowledge of Solvency 2 is essential, including awareness of some of the issues faced by insurers

Behavioral Competencies:

Creativity, curiosity, and pragmatism are desirable attitudes
You enjoy collaborating with your colleagues as well as working on your own
Your preference is to be part of an international and multicultural environment, handling diverse tasks, yet always ready to support the team effort and meet the business needs
Comfortable in a client facing capacity as well as working in a dynamic and fast paced environment
Great communication, strong analytical and problem-solving skills
Fluent English speaker. Other European languages are desirable

Work Experience:

At least 8 years of relevant financial services industry experience
Experience in actuarial pricing and structuring bespoke reinsurance agreements will be ideal

Professional Qualifications:

Qualified life actuary

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.

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Thank you,

PartnerRe Hiring Team

Senior Structuring and Pricing Actuary

Benefits

Job Description