Associate Actuary, US Life Job at PartnerRe, Charlotte, NC

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  • PartnerRe
  • Charlotte, NC

Job 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:

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:

The focus of this role will be to gain foundational skills in actuarial science and technical expertise.

Key Responsibilities:

  • Create and maintain AXIS models and/or R and Excel processes for pricing reinsurance quotes and performing profitability analysis of results.
  • Peer review AXIS models and/or R and Excel processes and results performed by other pricing team members.
  • Ensure that models meet corporate guidelines, reflect best practices, and are updated for regulatory changes.
  • Support assumption development as needed based on data provided by the client for mortality, lapse and distribution.
  • Create and maintain documentation of pricing materials to support internal peer review, internal approval, and finalize for future audit requests.
  • Review client data against a checklist to ensure completeness for modeling. Support client interaction as needed on quote specific information.
  • Review experience for existing reinsurance clients to ensure that profitability is emerging as expected and recommending changes to assumptions, if necessary, during re-quoting.

Qualifications

Technical Skills / Competencies:

  • Strong technical and analytical skills.
  • Solid knowledge of GGY AXIS software (or comparable actuarial modeling system) is desired.
  • Life insurance/reinsurance experience a plus.
  • Familiarity with life pricing and/or product development.
  • Proficiency in Microsoft Office Suite, Advanced Excel.
  • Knowledge of other programs such as R, SQL, Tableau, Python, is required

Behavioral Competencies:

  • Strong organizational skills, ability to prioritize and multi-task.
  • A self-starter who can work in an open, collaborative environment with a diverse team of financial professionals.
  • Demonstrated ability to promote effective teamwork and accountability.
  • Strong work ethic and a desire to succeed.
  • Solid verbal and written communication skills.

Work Experience:

  • Minimum 2-3 years in Life Insurance or Reinsurance

Education:

  • Bachelor's Degree

Professional Qualifications or Designations:

  • ASA or Near-ASA

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

Job Tags

Work experience placement, Work at office,

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