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.
Overview
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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PartnerRe is an equal opportunities employer.
Job Description
About the role
The role of the In-House Valuation Infrastructure team is to ensure the maintenance of the Overlay platform and other Global Life Reserving Valuation Models. You will participate in team activities, which include:
Development and maintenance of global actuarial systems, models and tools (includes gathering of requirements, development of specifications, implementation and / or testing depending on the tool)
Contribute to the implementation of change projects including the migration and decommissioning of several outdated platforms to increase the efficiency and automation of the reserving process
Support the build of a centralised database with supporting transformation and aggregate calculation tools
Modernize, extend and harmonize the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments
Enhance the visualization and analysis capability for use in the validation of results, production of management reporting metrics and implementation of controls
Acting in a research and development capacity to generate new ideas for affecting process, methodology and reporting efficiencies
Working closely with the IT and life actuarial teams, Operations, Finance, external consultants and vendors to implement changes to the modelling architecture
Review existing process and improve operational efficiency of the regulatory reporting
Ensure a robust control framework by automation of validations
With the support of management, helping to manage production teams' expectations to enforce the principle that the GAIT provides development and maintenance support rather than being an additional production resource
Qualifications
About you:
Strong IT and data management skills
Knowledge in relevant software: R (highest priority) SQL/VBA/Python/PowerBI & Power Query (second priority) Moody’s/AXIS/Risk Integrity/C++/Business Objects/Data Virtuality/Snowflake (third priority)
Reinsurance knowledge is an asset
Strongly driven to streamline business processes, with an emphasis on automation and maintainability
Experience in specification, development and testing of actuarial and data transformation software
Organized, able to work in a matrix structure
Strong communication skills and proficiency in English
High motivation, team-orientation
Keen to work with other cultures
Work Experience
3 to 6 years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with solid systems development or programming (specifically in R) background and exposure to financial transformation projects.
Prior experience of financial reporting with respect to regulatory reporting regimes including USGAAP LDTI, IFRS 17, SII, BMA, MAS, VIF would be a distinct advantage.
Education
Qualified Actuary or experienced professional with university degree in relevant field (Actuarial, Statistics, IT, Engineering)
Additional Information
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.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
General Business
Industries
Insurance and Financial Services
PartnerRe is an equal opportunities employer.
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