Longevity Reserving Actuary

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:
Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

View The 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**

**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 the role**

The focus of this role is to take part in the management and monitoring of a large and expanding portfolio of In Payment and Deferred Annuity Longevity Swaps together with a smaller portfolio of Non-Standard Annuity deals.

**Core responsibilities will include**:

- Support the methodology and modelling implementation of existing and new reporting standards - US GAAP, SII, LDTI + others as required.
- Production of quarterly reserves on applicable bases
- Preparation and sign-off of the SII result including the sensitivities and Analysis of Change together with the US GAAP/stat accounting production
- Preparation of supporting documentation (e.g. unit testing, basis checks etc..) to validate work produced to line manager & various auditors.
- Drafting of the Annual Assumption Review of base mortality, mortality improvements and other relevant assumptions on the portfolio.
- Provide insight into observed experience, propose base changes where relevant and quantify financial impacts.
- Provide insight on the portfolio performance against other data sets where possible, e.g. industry stats, population data or other similar products.
- Work within the defined control framework and contribute to the enhancement of this framework.

**Qualifications**:
**About you**

**_ Working Experience_**
- Prior reserving experience under SII, US GAAP, IFRS17, or other reserving standards.
- Knowledge of Longevity/Annuities business.
- Previous experience with actuarial projection systems.

**_ Technical skills_**
- Knowledge or a desire to learn Actuarial modelling systems (MoSes/Risk Agility/AXIS) and the R coding language.
- Strong IT and data management skills.
- UK Longevity Swap/Risk Transfer market familiarity and experience of the CMI Mortality Improvement Model is an asset.

**_ Personal and Communication_**
- Organized, proactive and willing to be flexible around busy periods
- Able to set and manage priorities
- Strong communication skills and proficiency in English
- High motivation, team-orientation
- Keen to work with other cultures
- Strong performer under pressure

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