Team Leader, Cat Modeling Toronto

PartnerRe; Toronto; Hybrid; CAD 132,750 - 162,250; Full time

Benefits offered by this job

Hybrid work model

Competitive salary range

Job summary

PartnerRe in Toronto is seeking a leader for the Global Cat Modeling team. The role combines technical expertise with people leadership to quantify catastrophe risk and support underwriting, actuarial and risk management.

You will lead a team, oversee analyses, translate model results into business recommendations, and contribute to group portfolio modeling. The position offers a hybrid work arrangement and a competitive base salary in CAD.

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

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

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 $132750-162250 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.

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 Description

Job Summary

This role is leading the modeling team in Toronto, which is part of the Global Cat Modeling department, which operates from Singapore, Toronto and Zurich. It is responsible for quantifying the company’s Cat risk in close collaboration with the Cat Research, Portfolio Analytics and Tools & Technology departments.

The team delivers Cat modeling analytics to support underwriting in risk analyses and business decisions. It provides input to portfolio modeling and reporting to various stakeholders. It further drives projects to enhance its value‑adding analytics, efficiency and effectiveness.

The role combines technical and people leadership to be a change agent.

About The Role

• Lead, mentor and develop a high‑performing team of catastrophe modeling analysts fostering technical excellence, accountability, and stakeholder engagement.
• Oversee the delivery of accurate, timely, consistent and value‑adding catastrophe modelling analyses and act as a trusted expert to Underwriting, Actuarial and Risk Management on Cat risk assessment.
• Provide expert interpretation of catastrophe model results and translate them into business recommendations.
• Contribute to the Group Portfolio modeling and reporting tasks as well as post Cat loss estimations.
• Lead discussions with clients, brokers and senior management.
• Keep up to date with latest developments and advancements in the Cat modeling field and propose innovative solutions.
• Champion innovation and operational excellence across catastrophe modelling workflows, tools and analytics.
• Identify opportunities for automation, efficiency gains and enhanced analytical capabilities and lead / sponsor related projects.
• Foster a culture of collaboration, accountability, innovation and continuous learning.
• Lead junior team members in project related tasks.

Technical Skills

None explicitly stated, but see qualifications below.

Work Experience and Qualifications

• Deep and expert experience and knowledge of catastrophe modelling and related fields, with willingness to be a hands‑on modeler when needed.
• Extensive expertise in exposure data and vendor Cat models combined with excellent analytical and coding skills.
• Superior complex problem‑solving skills with a new and end‑to‑end perspective on existing solutions as well as a proven track record of successfully completed cross‑functional projects.
• Ability to work on multiple complex tasks in parallel and prioritize effectively.
• Profound understanding of reinsurance industry, including external participants and market forces and trends and the ability to support the development of the strategy of the department.
• Effective communication skills which you can adapt to the target audience.

Soft Skills

• Excellent and proven track record of leadership and organizational skills.
• Ability to prioritize, organize, and deliver tasks under time and resource constraints.
• Pro‑active, pragmatic, solution oriented with a high level of self‑initiative, ownership and responsibility.
• Ability to communicate clearly technical aspects to various audiences.

Work Experience And Education

• 6+ years of experience in Cat modeling within the (re)insurance industry.
• Demonstrated people leadership experience, either as a formal manager or senior technical lead in Cat modeling and projects.
• Recognized technical expert in catastrophe risk assessment.
• A University degree in the field of Natural science or mathematically demanding science.

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.

Thank you,

PartnerRe Hiring Team