Capital Reporting Actuary
2 weeks ago
Location:
Dublin, IE and Toronto, ON, Canada
Company: PartnerRE Ltd.
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:
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.
Compensation (for Toronto)
The salary range for this role is CAD118,000–177,000 per year.
Job Summary
Reporting to the Head of Risk Aggregation you will be part of the Risk Aggregation team within the Capital & Risk Management Department. The Risk Aggregation team is a global function that performs the Internal Solvency Capital Model aggregate calculations used across the Group and provides Internal Model‑based quantitative risk metrics for both Group and legal entities.
You will be responsible for assisting the Head of Risk Aggregation in all aspects of capital modelling and reporting. You should be able to demonstrate strong technical and analytical skills, deliver accurate analyses and have a continuous improvement mindset.
About the role
You will contribute to both the quarterly Internal Model capital production and the ongoing development of the Group’s Aggregation Model. The role combines analytical production, investigation work, and hands‑on modelling tasks.
Key responsibilities include
- Contributing to the quarterly delivery of Internal Model solvency capital figures, covering data preparation, model runs, checks, and analysis of change.
- Preparing clear explanations of results and key movements, and communicating them to stakeholders across the Group.
- Taking part in model development activities, including testing and implementing updates to the Aggregation Model.
- Supporting capital projections and multi‑year planning exercises, including stress and scenario work.
- Maintaining documentation and ensuring processes and model changes meet governance expectations.
- Identifying practical ways to improve production steps and analytical workflows.
- Handling ad‑hoc capital modelling queries and carrying out targeted investigations when required.
Qualifications
Technical Skills:
- Knowledge of Solvency II is essential.
- Good understanding of statistical modelling and capital models.
- Advanced proficiency in MS Office and Power BI.
- Competent in using programming tools like R or Python is desired.
- Ability to solve problems using sound reasoning and judgement.
- Effective communication skills (both written and oral), capable of presenting complex concepts to non‑technical audiences.
- Detail‑oriented and strong organizational skills.
- Takes initiative and proposes improvements.
Work Experience:
- At least 3 years of relevant experience within non‑life (re)insurance.
- You may also have gained that experience at an actuarial consulting firm.
Professional Qualifications:
- Fellow or Associate of an internationally recognised actuarial society.
- Nearly qualified candidates will also be considered.
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.
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