What are the responsibilities and job description for the Senior Pricing Actuary - Longevity 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.
Job Summary
We are seeking a technically strong and commercially minded qualified actuary to join our Global Longevity pricing team. The role is key to our US business and involves pricing and benchmark development for US longevity reinsurance, relating to Pension Risk Transfer (PRT) and in-force longevity blocks.
About The Role
Technical Skills / Competencies:
:
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.
Job Summary
We are seeking a technically strong and commercially minded qualified actuary to join our Global Longevity pricing team. The role is key to our US business and involves pricing and benchmark development for US longevity reinsurance, relating to Pension Risk Transfer (PRT) and in-force longevity blocks.
About The Role
- Accountable for modelling and pricing US longevity reinsurance deals — from initial assessment through execution and transition to the in-force team — including data preparation, experience analysis, basis setting, cash-flow projection and reconciliation, and sensitivity analysis.
- Collaborate with the Global Longevity team leadership to determine pricing strategy and bid strategy for specific deals.
- Conduct research and development on US benchmark pricing bases and work with our Research and Innovation team to explore benchmarks for new geographic markets (e.g. Canada).
- Support the enhancement and maintenance of longevity pricing tools and modelling methodologies to ensure accuracy and efficiency.
- Interact with clients as appropriate at conferences, during deal negotiations and due diligence visits.
Technical Skills / Competencies:
- Strong actuarial modelling and analytical capabilities.
- Experience with actuarial projection systems (e.g., GGY AXIS, RiskAgility FM) is desirable.
- Ability to work with large and complex datasets.
- Advanced proficiency in Microsoft Excel. Experience with statistical software such as R would be a plus.
- Strong organizational and time management skills, with the ability to manage multiple priorities.
- Self-motivated and capable of working independently as well as collaboratively.
- High level of adaptability and willingness to take initiative.
- Strong written and verbal communication skills.
- Effective team player who thrives in a culturally diverse and dynamic international environment.
- Pragmatic thinker with sound commercial judgment.
- Minimum of 10 years’ experience in life (re-)insurance, pricing, valuation, or actuarial consulting.
- Experience in the US Pension Risk Transfer market is preferred, but not essential.
- FSA or experienced ASA required.
:
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