Senior Reserving Actuary

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 The PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.

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Job Description

ABOUT THIS JOB:

We are seeking a Senior Reserving Actuary to join our Worldwide Non-Life reserving team. The role will support the Head of Non-Life Reserving – Specialty and will be focused on the reserving of our worldwide Specialty Reinsurance portfolio.

Specific responsibilities will include:

• Contribute to the Deep Dive reserve reviews for the Company’s Specialty portfolios particularly in respect of the Property, Engineering, Marine and Energy portfolios working closely with underwriters, pricing actuaries and the claims teams to determine appropriate ACE reserves and contribute towards the established of the Management Best Estimate reserves (MBE).
• Ensure that there is a regular flow of reserving information to and from key stakeholders, including Underwriting, Actuarial Pricing, Claims, Reinsurance Accounting and Finance. Maintain emphasis on feedback loop with Underwriting and Pricing within and outside of the Deep Dives to ensure that they have the benefit of latest reserving information to utilize in forward looking underwriting and pricing decisions.
• Support the Head of Non-Life Reserving – Specialty in providing relevant information to the Finance teams responsible for internal and external reporting as it relates to the Specialty portfolios, contributing as much as necessary to the discussion of results.

Qualifications

About you:

• Good business judgement; an ability to solve complex issues with pragmatic solutions.
• High motivation, team-orientation and adaptability
• An innovative thinker; who will identify opportunities to anticipate and respond to change.
• Good listening skills and an ability to gain buy-in from stakeholders with diverse interests.
• A high level of self-awareness and integrity and a trust for others

Qualifications and Experience Required:

• Fellow or Associate of an internationally recognized actuarial society.
• A minimum of 3 years of post-qualification experience with a leading non-life re/insurer. This individual may also have gained part of that experience at an actuarial consulting firm.
• Knowledge of Specialty Reinsurance/Insurance business would be an advantage.
• Experience in dealing with underwriting teams.
• Excellent communication skills. This individual must have the ability to succinctly articulate actuarial concepts to non-actuarial audiences.
• Experience with Microsoft Office Products (Excel, Access, Word, PowerPoint).
• Comfortable working with data and data systems/reports
• Programming experience beneficial but not essential (Examples: VBA, SAS, R, Python, Power BI)
• Experience working in matrix organizations an asset.

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.
Thank you,
PartnerRe Hiring Tea

• Contribute to the Deep Dive reserve reviews for the Company’s Specialty portfolios particularly in respect of the Property, Engineering, Marine and Energy portfolios working closely with underwriters, pricing actuaries and the claims teams to determine appropriate ACE reserves and contribute towards the established of the Management Best Estimate reserves (MBE).
• Ensure that there is a regular flow of reserving information to and from key stakeholders, including Underwriting, Actuarial Pricing, Claims, Reinsurance Accounting and Finance. Maintain emphasis on feedback loop with Underwriting and Pricing within and outside of the Deep Dives to ensure that they have the benefit of latest reserving information to utilize in forward looking underwriting and pricing decisions.
• Support the Head of Non-Life Reserving – Specialty in providing relevant information to the Finance teams responsible for internal and external reporting as it relates to the Specialty portfolios, contributing as much as necessary to the discussion of results