What are the responsibilities and job description for the Investment Risk Analyst position at PartnerRe?
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.
Position Overview
Responsible for the timely delivery of various Risk Management services, primarily related to Investment Risk and Analytics. The role is preferably based in Stamford, CT or Toronto, Canada
Reporting Relationships
Reports to: Head Market Risk Management
Primary Responsibilities
:
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
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.
Position Overview
Responsible for the timely delivery of various Risk Management services, primarily related to Investment Risk and Analytics. The role is preferably based in Stamford, CT or Toronto, Canada
Reporting Relationships
Reports to: Head Market Risk Management
Primary Responsibilities
- Develop, monitor, and report on investment risk metrics around the investment portfolio.
- Lead analytics and reporting for credit risk and counterparty default risk
- Responsible for internal and external reporting on invested assets including capital & risk metrics by asset class and risk type, such as scorecards, scenarios, and sensitivities evolution.
- Lead quarterly asset risk and capital modeling processes (both stochastic and formula-based).
- Conduct quarterly and annual liquidity stress tests and leverage the analysis to optimize asset allocation subject to local regulatory constraints.
- Conduct peer reviews of private invested asset valuations, including performing comparable and cash flow analysis as well as sensitivity testing.
- Support the calibration of deterministic economic and financial market stress for internal and external consumption (covering both assets and correlated lines of reinsurance).
- Assist the Head of Market Risk Management in strengthening governance around investment activities by maintaining and refining Group, legal entity and portfolio level (risk tolerance) guidelines as well as the broader Enterprise Risk Management framework.
- Prepare 5-year asset allocation and income projections based on the investment plan for ORSA model.
- Support analysis and reporting on yield, duration and convexity of fixed income securities and betas of equity holdings.
- Accuracy and timely delivery of risk analytics and reporting
- Master’s degree in finance, actuarial, mathematics, statistics, or related discipline.
- At least 2 to 5 years of experience in investment risk and/or actuarial analytics and reporting
- Strong knowledge of multiple asset classes (bonds, equities, funds, alternative investments) and their risk profiles
- Strong knowledge of asset scenario analysis, stress testing and stochastic modeling
- Basic understanding of reinsurance concepts and statutory requirements (e.g., Solvency II) a plus
- Strong working experience with Bloomberg and good coding skills (preferably in R)
- Great attention to details, strong work ethic and commitment to meeting deadlines.
:
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
Salary : $92,610 - $113,190