Axis Modelling Actuary, L&h Infrastructure

4 months ago

Toronto, Canada PartnerRe Full time

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:
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**Job Description**:
**Life and Health AXIS Actuarial Systems**
- Supporting the maintenance of all pricing and valuation models that use Moody’s AXIS actuarial software
- Track software issues and works with Moody’s for software development needs and bug fixes
- Track IT concerns and works collaboratively with IT regarding infrastructure, technology, and licensing matters relating to AXIS
- Participate in the training and mentoring of other team members in the use and development of models and tools
- Helping to implement consistent modelling practices and methodologies across pricing and valuation models and across regions
- Promote communication amongst valuation and pricing modelers to facilitate knowledge transfer and a collaborative environment
- Ensure each product team follows a robust control framework and completes appropriate model testing and documentation
- Contribute to the implementation of sufficient model controls for SOX, internal and external audit requirements
- Analyses of future potential model improvements or updates
- Helping to coordinate Moody’s AXIS update implementations and testing with IT and modeller staff
- Work with LDTI, IFRS 17, FGAAP and SII project leads to understand requirements for the extension of the AXIS valuation models to ensure compliance with the standards.
- Internal Model Development using AXIS as a measurement tool
- Work with consultants to complete final steps of model migration and modernization

**Qualifications**:
**About you**:
Experienced qualified Actuary or professional with university degree in relevant field (Actuarial, Statistics, IT, Engineering) with 10 or more years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience. Solid AXIS model development expertise is a requirement.

Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, FGAAP, BMA, MAS, Embedded Value and Internal Capital Models would be advantageous.

**Technical skills**:

- Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
- Strong product understanding and IT and data management skills;
- 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

**Personal and communication**:

- Organized, able to work in a matrix structure
- Able to set and manage priorities
- Strong communication skills and proficiency in English
- High motivation, team-orientation
- Keen to work with other cultures

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 Team

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