Actuarial Associate

PartnerRe; Toronto; Hybrid; CAD 92,610 - 113,190; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Health spending account

Defined contribution pension plan

Life insurance

Disability coverage

Job summary

PartnerRe is seeking a candidate for a role in Toronto focused on AXIS valuation models for reinsurance treaties. The position emphasizes strong technical and analytical skills.

The ideal candidate will possess a Bachelor’s degree, progress towards ASA designation, and experience with AXIS modeling and Excel. PartnerRe promotes a hybrid working model with 3 days in-office.

Competitive salary and benefits are included, with a base salary range of CAD $92,610 – $113,190 annually.

Qualifications

• Strong technical and analytical skills in a collaborative environment.
• Experience managing multiple priorities effectively.
• Proactive and motivated individual focused on growth.

Responsibilities

• Maintain and enhance AXIS valuation models for life and health.
• Model new treaties.
• Improve valuation tools and streamline processes.
• Contribute to model validation and audit support.
• Collaborate with stakeholders and support team initiatives.

Skills

Technical skills

Analytical skills

Problem-solving skills

Communication skills

Excel

VBA

R

SQL

Education

Bachelor's degree in a related field

ASA designation or equivalent education

Tools

AXIS

Job description

Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation for 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.

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.

• Shape your own career
• Grow in a supportive environment
• Connect with a community of experts
• Make an impact

Equal Opportunities

PartnerRe is an equal opportunities employer.

Compensation and Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD $92,610 – $113,190 per year. For positions based in other jurisdictions, compensation will be determined in alignment with local regulations, market benchmarks, and internal compensation frameworks. The above range reflects the typical base salary range for candidates hired into this position. The actual salary will vary depending on a number of factors, including job location, experience, qualifications, education/training, skills, market conditions, and alignment with the role’s requirements.

In addition to base salary, eligible employees may participate in our annual incentive program, payment under which is at the discretion of PartnerRe and subject to individual and company performance. Eligible employees also have the opportunity to participate in an array of benefits, including medical, dental and vision coverage, a health spending account, a defined contribution pension plan, life insurance, short‑ and long‑term disability coverage, etc.

Working Arrangement

PartnerRe operates with a hybrid work approach that balances in‑office collaboration with the flexibility of remote work. Employees are required to be in the office 3 days a week.

This position is for an existing vacancy within our organization.

PartnerRe is committed to an inclusive, accessible recruitment experience. Reasonable accommodations for candidates with disabilities are available upon request throughout the hiring process.

Key Responsibilities

• Maintain and enhance AXIS valuation models for life and health reinsurance treaties, including retrocessions.
• Model new treaties.
• Help improve valuation tools, streamline processes, and enhance controls to increase model quality, transparency, and efficiency.
• Contribute to model validation, audit support, and continuous improvement initiatives.
• Collaborate with stakeholders across functions and support broader team initiatives as well as ad hoc projects.

About You

• You thrive in a collaborative, cross‑functional environment.
• You bring strong technical, analytical, problem‑solving, and communication skills.
• You are comfortable managing multiple priorities in a demanding environment.
• You are proactive, accountable, and motivated to grow.
• Bachelor’s degree in a related field.
• ASA designation or progress toward it, including at least three SOA exams or equivalent CIA education.
• Experience with AXIS modelling.
• Strong Excel skills, including experience with VBA.
• Knowledge of R and SQL is an asset.

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.