Actuarial Intern - Non-Life Economic Valuation

PartnerRe Ltd.; Dublin; Hybrid; EUR 16,000 - 23,000; Full time

Job summary

PartnerRe is seeking an Actuarial Intern in Non-Life Economic Valuation to support Solvency II and IFRS17 processes and contribute to model development and dashboarding. The role involves working with Excel, Power BI and Python to assist with technical provisions, SCR, IFRS17 liabilities and P&L statements.

The internship offers exposure to quarterly reporting, regulatory interactions and audits within a globally oriented reinsurer environment.

Responsibilities

• supporting the Solvency II and IFRS17 quarterly process.
• calculation of the Solvency II Technical Provisions and Non-Life Underwriting Risk SCR.
• calculation of IFRS17 Liabilities and Profit & Loss Statement.
• quarterly reporting to relevant committees and Group.
• annual opinions on Solvency II Technical Provisions, Underwriting, Retrocession/Reinsurance and the ORSA.
• internal and external audit activities.
• maintenance of documentation of key processes, procedures and results.
• development and maintenance of the models, analysis files and dashboards, using programs such as Excel, Power BI and Python.
• responding to requests from the regulator.

Tools

Excel

Power BI

Python

Job description

Actuarial Intern - Non-Life Economic Valuation

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!

PartnerRe is an equal opportunities employer.

Job Description

The Non-Life Economic Valuation team has responsibilities for the Group and legal entities within the Group. It provides actuarial oversight, constructive challenge and support, in addition to fulfilling its required regulatory responsibilities.

As part of the Non-Life Economic Valuation team, you will be involved in a variety of activities including:

• supporting the Solvency II and IFRS17 quarterly process. This includes supporting the:
• calculation of the Solvency II Technical Provisions and Non-Life Underwriting Risk SCR
• calculation of IFRS17 Liabilities and Profit & Loss Statement
• quarterly reporting to relevant committees and Group
• annual opinions on Solvency II Technical Provisions, Underwriting, Retrocession/Reinsurance and the ORSA
• internal and external audit activities
• maintenance of documentation of key processes, procedures and results
• development and maintenance of the models, analysis files and dashboards, using programs such as Excel, Power BI and Python

Last but not least, you will support the team in its work for ad hoc projects, such as responding to requests from the regulator.

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.