Associate Actuary

Partner Reinsurance Company; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading global reinsurer seeks a motivated individual for its Financial Projections Team in Toronto. The role focuses on creating financial plans and supporting actuarial reports within a dynamic environment. Ideal candidates are team players with strong analytical abilities and a passion for process improvement, contributing to critical financial strategies.

Qualifications

• Pursuing an actuarial designation preferred.
• Experience with actuarial reporting regimes is an asset.
• Familiarity with data analytics tools beneficial.

Responsibilities

• Contribute to the Annual Financial Plan for US and Canadian business units.
• Support annual statutory plans and stress testing for Canadian Legal Entity.
• Investigate and implement new tools and technologies.

Skills

Analytical skills

Problem identification

Communication

Attention to detail

Education

Bachelor’s Degree

Tools

Excel

SQL

R

AXIS

Job 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.

Job Description

About the role :

We are seeking a dynamic person to join PartnerRe in the Toronto office in the Financial Projections Team for the North American Life and Health business unit. This team interacts closely with various functions including Finance, Pricing, and Valuation teams. We are looking for individuals who enjoy challenges, have a natural curiosity, and take pride in their work. We encourage innovations and process improvements from all our staff. If you are someone who would like to leave an impact and make a difference, please apply!

As member of the Financial Projections Team, you will contribute to delivering the following in a well-controlled governance framework :

• Annual Financial Plan on a US-GAAP LDTI basis for US and Canadian business units.
• FCT, Annual Statutory Plan (IFRS17), Appointed Actuary Report, Stress testing, and support ORSA for the Canadian Legal Entity.
• Annual Statutory Plan for US Legal Entity.
• Quarterly projection of expected LICAT Ratios for Canadian Legal Entity.
• Investigating, testing, and implementing new ways to leverage new and existing tools and technologies to deliver results.
• Other projects and duties as assigned.

Qualifications

About you :

• Ability to work in a cross-functional team environment.
• Demonstrated analytical, problem identification and resolution skills with attention to detail.
• High degree of accountability and professional ethics.
• Excellent interpersonal skills and effective communicator (written and oral).
• Ability to handle multiple assignments communicating prioritizations to required levels.
• Highest degree of personal competence (self-awareness, self-management).

Qualifications and Experience :

• Bachelor’s Degree.
• Pursuing an actuarial designation.
• Experience with various actuarial reporting and capital regimes is an asset.
• Experience modeling in AXISTM is preferred.
• Experience with databases and data analytics tools, for example SQL and R, an asset.
• Proficiency in Microsoft Office Suite with expertise in Excel.

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.