PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength. The Actuarial Associate will be responsible for Solvency II and Bermuda Monetary Authority reporting, conducting reserve and capital movement analysis, and maintaining AXIS models for capital reporting purposes.
Responsibilities
- Carry out quarterly SII and BMA valuation for North America Life lines of business
- Derive Best Estimate Reserves and Required Capital for life, longevity, critical illness, disability and short-term products
- Conduct Reserve and Required Capital Movement Analysis
- Maintenance and updating of AXIS models for new and existing treaties across multiple legal entities and affiliated party retrocession treaties for capital reporting purpose
- Investigate and implement process improvements and enhancements
- Coordinate with risk, finance, auditors as required
Skills
- Proficiency in Microsoft Office Suite and Excel
- Ability to maintain effective control environment
- Ability to communicate with peers and staff
- Ability to work effectively in a team environment
- High degree of accountability
- Ability to handle multiple assignments communicating prioritizations to required levels
- Highest degree of professional ethics
- Strong interpersonal skills & effective communicator (written and oral)
- At least one year of actuarial work experience
- Bachelor's Degree
- At least three actuarial exams
- Experience modeling in AXIS
- Experience in capital reporting
- SQL programming skill
- Experience working in the reinsurance industry
Benefits
- Medical, dental and vision coverage
- A health spending account
- A defined contribution pension plan
- Life insurance
- Short- and long-term disability coverage
Company Overview
- PartnerRe is a holding company for its international reinsurance group. It was founded in 1993, and is headquartered in Hamilton, Hamilton, BMU, with a workforce of 1001-5000 employees. Its website is http://www.partnerre.com/.