Actuarial Student Co-op Program 2027 - Life & Health

PartnerRe; Toronto; Hybrid; CAD 59,000 - 72,000; Full time

Job summary

PartnerRe in Toronto is seeking talented actuarial science students for internships in the Pricing, Valuation, and Project teams. These four-month roles offer hands-on industry experience from experts while contributing to the teams' work and vision.

There is a possibility to extend to eight months and a rotation opportunity based on performance. The role includes AXIS Modelling, data analysis with SQL and R, and support for reserves, capital, and IFRS17/ LTDI projects.

Qualifications

• Second/Third/Fourth year student in Actuarial Science.
• Minimum of one SOA exam.
• Understanding of life insurance products; previous experience is a plus.
• Strong Excel and SQL skills; knowledge of R preferred.
• Experience with AXIS is a plus.
• Strong analytical and problem-solving abilities; good communication.

Responsibilities

• AXIS Modelling - design and build projection models for life reinsurance.
• Data Analysis - work with large datasets using SQL and R.
• Financial Analysis - assist in reserves, required capital, and financial statements.
• Project Work - support Valuation and Pricing activities (IFRS17, LTDI).
• Encourage innovations and process improvements.

Skills

MS Excel

SQL

R Programming

Education

Actuarial Science

SOA exam

Tools

GGY AXIS

Job description

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.

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 Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.

PartnerRe is an equal opportunities employer.

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Compensation And Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD $1,125 - 1,375 per week. 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.

Working Arrangement

PartnerRe operates with a hybrid work approach that balances in‑office collaboration with the flexibility of remote work. Our employees are required to be in the office 3 days a week. Our goal is to create an environment where employees can connect, innovate, and perform at their best.

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.

Job Summary

We are looking to recruit talented students for our Pricing, Valuation, and Project teams. The internships provide an opportunity to obtain valuable hands‑on industry experience from experts in the field while participating and contributing to the teams' work and vision. The roles are as follow:

• Experience Study
• Projects (IFRS17, LDTI, etc.)
• Valuation
• Pricing

Note that the posted positions are for a 4‑month work term, with the flexibility of extending to 8 months. PartnerRe also offers an opportunity for interns to return and gain experience with our various actuarial teams. This rotation opportunity is dependent of the performance of the student in their first term.

About The Role

• AXIS Modelling - Design and build projection models for individual life reinsurance transactions.
• Data Analysis - Work extensively with large datasets in SQL and R to perform rigorous analysis of client/enforce experience data.
• Financial Analysis - Assist in the preparation and analysis of reserves, required capital, and financial statements.
• Project Work - Provide support to Valuation and Pricing functions (experience analysis, IFRS17, LTDI, etc.).
• We encourage innovations and process improvements from our staff.

Qualifications

• Second/Third/Fourth year student in Actuarial Science.
• A minimum of one Society of Actuaries exam.
• Understanding of life insurance products. Previous work experience with life insurance would be considered an asset.
• Strong technical skills including MS Excel and SQL or similar database management tool. R Programming skills are desirable.
• Experience with the GGY AXIS actuarial system is an asset.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communications skills.
• Work independently and as part of a team.

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.

Transcription Notice:

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Thank you,

PartnerRe Hiring Team