Senior Pricing Actuary at PartnerRe

Hong Kong Island, Hong Kong, China -

Full Time

Start Date

Immediate

Expiry Date

24 Dec, 25

Salary

0.0

Posted On

25 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Life Actuary, Reinsurance Pricing, Actuarial Analyses, Technical Expertise, Communication Skills, Data Analysis, Programming Languages, Actuarial Software, Korean Market Insight, Entrepreneurial Mindset, Problem Resolution, Collaboration, Risk Assessment, Market Specific Solutions, Pricing Benchmarks, Client Interaction

Industry

Insurance

Description

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 this job: We are looking to hire a Life and Health Senior Pricing Actuary to join our growing team in Hong Kong, reporting to the Head of Pricing, ANZ, Korea and group business. In this role you will be responsible for the pricing of life reinsurance treaties and support the product development primarily for the Korean market. About the team: The regional pricing team is responsible for the pricing of Life & Health business written in the Asia Pacific region. Across these markets we write group and individual protection business, both in short and in long-term lines. About the role: The role provides the opportunity for exposure to a wide variety of products. You will be expected to make a significant contribution to the development of our pricing team and the wider enhancement of PartnerRe’s Life & Health propositions. You will be responsible for performing actuarial pricing exercises and supporting the deal underwriter in preparing responses to tenders. This typically involves carrying out actuarial analyses, proposing and owning assumptions, and providing technical expertise. In detail your responsibilities will include: Performing and documenting the pricing of quotes across responsible markets while ensuring compliance to internal standards, thorough risk assessment and application of best practice Developing, enhancing and maintaining pricing benchmarks, tools and efficient methods of carrying out existing processes Contributing to the development of market specific reinsurance solutions and products Collaborating with a cross-functional team of professionals from client markets and underwriting towards assessing the risks associated with a particular opportunity and ensure the sustainability of the business written. Qualifications About you: You are looking to accelerate the development of your actuarial career. You have the ability and courage to constructively challenge business propositions whilst being business minded and solution oriented. The ideal candidate will be an excellent communicator, capable of explaining complex technical issues in a simple way. 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 serve the team and meet the business needs. You have the following background, skills and mindset: Qualified Life Actuary (FIA or equivalent) with over 8 years of experience in (re)insurance pricing in the Asian life insurance market. Strong technical insight on key lines of business in the Korea market. Fluent English speaker with Korean language skills is highly desirable. Entrepreneurial mindset to contribute to PartnerRe’s growth in the region, including the ability to build infrastructure, processes and insights with limited existing data in certain segments. Excellent and effective communication skills, including the ability to distil complex technical issues into clear and concise key points Self-motivated, holds oneself accountable and takes ownership for problem resolution, able to prioritize under pressure of competing deadlines Ability to analyse big data sets, identify key insights and provide recommendations. Proficiency in programming languages and actuarial software (R / Python / Axis / Prophet / SQL) is advantageous 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. Thank you, PartnerRe Hiring Team

Responsibilities

The Senior Pricing Actuary will be responsible for the pricing of life reinsurance treaties and support product development primarily for the Korean market. This includes performing actuarial pricing exercises, documenting pricing quotes, and collaborating with cross-functional teams to assess risks and ensure business sustainability.