Senior Pricing Actuary

3 weeks ago

Dublin, Ireland PartnerRe Full time
Job Description

About this job:

Following a period of significant business expansion, PartnerRe are looking to hire two Senior Pricing Actuaries to join our UK&I Life Pricing team. The UK&I team is tasked with the management and pricing of our key protection accounts in the UK&I within Partner Re EMELA. You will have the opportunity to become an integral part of the wider EMELA pricing community.

Your responsibilities will include:

  • Active involvement in the tender process for new and existing opportunities, with particular focus on the UK and Irish Term Life and Critical Illness product lines.
  • Detailed modelling and pricing of protection deals from initial assessment through to deal execution and handover to in-force management team (data interrogation and preparation, mortality and morbidity experience analysis, demographic experience analysis, creation of the inputs for the projection of cash-flows, cash-flow reconciliation, sensitivities, checking, etc.)
  • Preparing Technical deal documentation and providing support to the commercial deal lead as required (pricing reports, support in drafting sign-off memos and offer letters to clients, negotiation support.)
  • Research, development, maintenance and improvements to EMELA’s pricing benchmarks, methodologies and tools.
  • Follow-up and analysis of the in-force portfolio in coordination with In-force Management and Valuation teams.
  • Attending face to face client meetings, assisting in developing client propositions.

Qualifications

About you:

You are a technically excellent individual with a desire to price life business and driven by a wish to add value. You ideally have the following background and skills: 

  • Qualified Actuary with 5-10 years PQE
  • Relevant pricing experience in (re)insurance with relevant product lines
  • Proven analytical skills and the ability to work on complex problems.
  • Self-motivated with the ability to manage time and multiple priorities effectively.
  • Experience in statistical software (e.g. R) and MS Office suite
  • Experience with a relevant modelling package an advantage (e.g. AXIS, Risk Agility, Prophet)
  • Knowledge of Life insurance and Critical Illness product lines would be beneficial.

What can we offer you?

  • An international environment, where you will be challenged, can learn from other specialists and develop quickly.
  • The chance to gain detailed product and market knowledge from a market leading reinsurer.
  • A flexible working environment, excellent training support, and competitive renumeration.
  • A structure that fosters personal empowerment and facilitates collaboration with a full suite of stakeholders (Client Partners, Reserving Function, Senior Executives)


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.

Thank you,

PartnerRe Hiring Team

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