Manager, Canada Assumption Development

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

Benefits offered by this job

Hybrid work model

Job summary

PartnerRe Ltd. in Toronto seeks a Manager, Canada Assumption Development to lead mortality and lapse assumption development for Canadian life reinsurance. You will align with NA Life governance, maintain benchmarks, and ensure Canadian experience informs pricing and inforce analyses.

The role requires strong technical skills, AXIS experience, and collaboration across pricing, underwriting, and analytics teams in a hybrid 3-days-in-office model.

Qualifications

• Lead the maintenance of Canadian mortality and lapse benchmarks used across new business and inforce analyses.
• Ensure benchmark assumptions reflect Canadian experience, underwriting practices, and market dynamics.
• Develop, document, and maintain best practices for setting assumptions relevant to the Canadian market, including but not limited to NAR and lapse/mortality deterioration.
• Support data acquisition strategy for assumption development within internal policies.
• Support mortality analytics methodologies and data infrastructure for pricing, underwriting and stakeholders.
• Provide guidance and mentorship to early-career actuaries.

Responsibilities

• Lead the maintenance of Canadian mortality and lapse benchmarks used across new business and inforce analyses, aligned with NAL/global standards.
• Ensure benchmark assumptions reflect Canadian experience and practices while remaining consistent with NA Life methodologies.
• Develop and document best practices for setting Canadian market assumptions, including NAR and mortality/lapse considerations.
• Support data acquisition strategies for assumption development within internal policies.
• Develop mortality analytics methodologies and data infrastructure for transparent risk insights across teams.
• Mentor and coach junior actuaries to support their development.

Skills

Technical skills

Advanced Excel

Teamwork

Communication

Education

Bachelor's degree in actuarial science or related discipline

Tools

GGY AXIS

R

SQL

PowerBI

Job description

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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:

We are always looking for bright, proactive individuals to join our team!

Please follow our Careers page for all updates on new positions. We look forward to receiving your application.

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 $132,750 – $162,250per 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

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.