Actuarial Student Co-op Program

3 weeks ago

Toronto, Canada PartnerRe Full time

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

ViewThe PartnerRe Experience e-bookto learn more about what it’s like to work at PartnerRe.

Job Description

We are looking to recruit talented students for our Pricing, Valuation, and Project teams. The internships provide an opportunity to obtain valuable hands-on industry experience from experts in the field while participating and contributing to the teams' work and vision. The roles are as follow:

  • Experience Study
  • Projects (IFRS17, LDTI, etc.)
  • Valuation
  • Pricing

Note that the posted positions are for a 4-month work term, with the flexibility of extending to 8 months. PartnerRe also offers an opportunity for interns to return and gain experience with our various actuarial teams. This rotation opportunity is dependent of the performance of the student in their first term.

Responsibilities:

  • AXIS Modelling - Design and build projection models for individual life reinsurance transactions.
  • Data Analysis - Work extensively with large datasets in SQL and R to perform rigorous analysis of client/enforce experience data.
  • Financial Analysis - Assist in the preparation and analysis of reserves, required capital, and financial statements.
  • Project Work - Provide support to Valuation and Pricing functions (experience analysis, IFRS17, LTDI, etc.).
  • We encourage innovations and process improvements from our staff. If you are someone who would like to leave an impact and make a difference, please apply

Qualifications

  • Second/Third/Fourth year student in Actuarial Science.
  • A minimum of one Society of Actuaries exam.
  • Understanding of life insurance products. Previous work experience with life insurance would be considered an asset.
  • Strong technical skills including MS Excel and SQL or similar database management tool. R Programming skills are desirable.
  • Experience with the GGY AXIS actuarial system is an asset.
  • Strong analytical and problem-solving skills.
  • Excellent verbal and written communications skills.
  • Work independently and as part of a team.

Additional Information

Transportation & Housing

The internships will be situated in our Canadian office, which is conveniently located in downtown Toronto near Union Station, accessible by GO Transit and the TTC. Transportation assistance will be provided for students moving from out of province.

Compensation and Benefit Information

We offer competitive compensations and support our students with a comprehensive Actuarial Student Study Program.

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

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