Manager, Canada Assumption Development

PartnerRe; Toronto; Hybrid; CAD 133,000 - 162,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

PartnerRe seeks a Manager, Canada Assumption Development to lead mortality and lapse assumption work for the Canadian life reinsurance market within NA governance.

Requires 7+ years in life insurance/reinsurance, FCIA/FSA or equivalent, and strong analytical and communication skills. Hybrid work arrangement offered with office presence required.

You will mentor junior actuaries and collaborate with pricing, underwriting and stakeholders to deliver data-driven insights.

Qualifications

• Minimum 7 years of life insurance/reinsurance experience.
• Bachelor's degree in actuarial science or related discipline; FCIA/FSA or equivalent.
• Strong technical skills and knowledge of Canadian market practices.

Responsibilities

• Lead mortality and lapse assumption development for Canadian market.
• Maintain benchmarks aligned with NA Life governance frameworks.
• Document best practices for Canadian assumptions and processes.
• Support data acquisition and analytics to enable research.
• Provide mentorship to junior actuaries.

Skills

Analytical skills

Communication

Teamwork

Multi-tasking

Organizational skills

Self-starter

Accountability

Work ethic

Verbal and written communication

Education

Bachelor's degree in actuarial science or related discipline

FCIA/FSA or equivalent

Tools

GGY AXIS

R

SQL

PowerBI

Excel

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.

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

Compensation And Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD $132,750 – $162,250 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. 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.

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

Job Description

Manager, Canada Assumption Development is responsible for leading the development of mortality and lapse assumptions supporting new business and inforce business for the Canadian life reinsurance market, operating within North America Life (NAL) governance frameworks.

• Lead the maintenance of Canadian mortality and lapse benchmarks used across new business and inforce analyses, aligned with NAL and global standards.
• Ensure benchmark assumptions appropriately reflect Canadian experience, underwriting practices, and market dynamics, while maintaining consistency with broader NA Life methodologies.
• Develop, document, and maintain best practices for setting assumptions relevant to the Canadian market, including but not limited to NAR, post‑level shock lapse and mortality deterioration, conversions, and other behaviorally driven assumptions.
• Support data acquisition strategy efforts relevant to assumption development to further the internal inventory available for relevant research while complying with internal policies on data and IT requirements.
• Support development of mortality analytics methodologies and data infrastructure to enable consistent, transparent, and reusable risk insights across pricing, underwriting, and enterprise stakeholders.
• Provide guidance, coaching, and technical mentorship to early-career actuaries, supporting their development and growth within the actuarial function.

About You

• Strong technical and analytical skills.
• Solid knowledge of GGY AXIS software (or comparable actuarial modeling system) is desired.
• Proficiency in Microsoft Office Suite, Advanced Excel.
• Knowledge of other programs such as R, SQL, PowerBI is desired
• Strong organizational skills, ability to prioritize and multi-task.
• A self-starter who can work in an open, collaborative environment with a diverse team of financial professionals.
• Demonstrated ability to promote effective teamwork and accountability.
• Strong work ethic and a desire to succeed.
• Solid verbal and written communication skills
• Minimum 7 years experience in life insurance/reinsurance
• Bachelor's degree in actuarial science or a related discipline
• Experience in pricing, inforce management, valuation, or actuarial modeling preferred
• FCIA/FSA (or equivalent actuarial designation)

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.

PartnerRe is an equal opportunities employer.

Thank you,

PartnerRe Hiring Team