Senior Structuring and Pricing Actuary

PartnerRe; Charlotte (NC); On-site; USD 140,000 - 230,000; Full time

Job summary

PartnerRe seeks a Senior Structuring and Pricing Actuary to model and price NA FINSOL transactions, collaborating with the FINSOL team and business development on opportunities. The role will interact with L&H risk officers and other team members to obtain approvals.

Key tasks include building pricing models, organizing data, and contributing to deal execution and internal memoranda, with presenting topics to stakeholders as required.

Qualifications

• Strong actuarial background in US life insurance/reinsurance pricing and valuation.
• Experience building financial models for reinsurance transactions.
• Knowledge of US GAAP reporting is advantageous.
• Experience with financial solution transactions is advantageous.
• Actuarial modeling experience (AXIS) is beneficial.

Responsibilities

• Model and price financial reinsurance solutions considering accounting, regulatory and economic risks.
• Build pricing models to assess risk and profitability of life reinsurance solutions.
• Organize, evaluate and analyze data required for transactions.
• Interact with L&H risk officers and other teams to obtain approvals.
• Contribute to deal execution, including responding to RFPs and drafting memos.
• Prepare and present internal and external presentations on life reinsurance topics.

Skills

Analytical skills

Communication

Problem-solving

Client facing

Team collaboration

Education

Bachelor's Degree

Tools

MS Excel

AXIS modeling

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!

PartnerRe is an equal opportunities employer.

Job Summary

The Senior Structuring and Pricing Actuary will be responsible for modeling and pricing new NA FINSOL transactions. The position will work closely with the FINSOL Senior Structuring and Modeling actuary as well as the business development team on new opportunities.

About The Role

• Model and price financial reinsurance solutions understanding the accounting, regulatory and economic risk parameters
• Build pricing models analyzing the risk and profitability of life reinsurance solutions:
  • Organize, evaluate and analyze the data needed for transactions
  • Will interact with L&H risk officers and other team members seeking approval on transactions
• Contribute to deal execution including responding to RFPs and assist in authoring internal approval memorandums
• Assist in preparing and presenting internal and external presentations on life reinsurance topics as required

Qualifications

Technical Skills

• Proficient in building MS-Excel models taking projected balance sheet and income statements into transaction specific models
• Strong actuarial background working on US life insurance / reinsurance transactions; pricing, valuation or financial reporting
• Knowledge of USGAAP accounting standards and financial reporting is advantageous
• Prior experience working on financial solution transactions would be advantageousActuarial Modeling experience (i.e. AXIS modeling) would be advantageous

Behavioral Competencies

• Comfortable in a client facing capacity as well as working in a dynamic and fast paced environment
• Great communication, strong analytical and problem-solving skills
• Will be an individual contributor required to complete tasks vs delegating responsibilities
• Enjoys working in a strong and cooperative team environment

Work Experience

• Qualified life actuary (FSA, FIA or career ASA) with at least 5 years of relevant experience

Education

• Bachelor's Degree

Professional Qualifications Or Designations

• FSA/FIA or career ASA

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.

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Thank you, PartnerRe Hiring Team