VP, Pricing Actuary

PartnerRe; Stamford (CT); On-site; USD 130,000 - 186,000; Full time

Benefits offered by this job

Health insurance

401(k)

Life insurance

Disability

Education assistance

On-site amenities

Referral program

Wellness programs

Job summary

PartnerRe is seeking a senior actuarial professional embedded in the Worldwide Pricing & Analytics team in Stamford. The role focuses on profitability analysis for US MGA Insurance Programs, pricing large cases, and providing subject-matter expertise to stakeholders.

You will lead pricing analyses, refine key assumptions, and collaborate with Underwriting, Claims, Reserving and the Managing Actuary to ensure pricing reflects all relevant information; occasional cross-function support is expected.

Qualifications

• 7–10 years of work experience, pricing in US MGA Insurance preferred.
• Bachelor's degree and ACAS or FCAS designation required.

Responsibilities

• Lead pricing analysis for US MGA Insurance Programs and pricing reviews.
• Provide expert actuarial pricing knowledge to stakeholders.
• Develop pricing model improvements over time with project work.
• Coordinate with Underwriting, Claims, Reserving and the Managing Actuary.
• Monitor portfolio risks and create MI dashboards.
• Utilize PartnerRe actuarial models and theory in practice.
• Contribute to ad-hoc projects across Actuarial & Risk Office.

Skills

Pricing analysis

Actuarial pricing

Communication

Time management

Education

Bachelor's Degree

ACAS or FCAS designation

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

At PartnerRe, we are committed to supporting the professional growth and well-being of our employees. In addition to a competitive salary, paid time off and eligibility for an annual incentive, we offer a comprehensive benefits package designed to support your physical and mental health, learning and development goals, and lifestyle needs. These include:

• Competitive Benefits - Our benefits package includes comprehensive health, dental, and vision insurance for our employees and their dependents. We also offer wellness programs to promote a balanced and healthy lifestyle.


• Financial Security - Plan for your future with our competitive retirement savings plans, including a 401(k)-retirement plan. Additionally, we provide life insurance and disability coverage to protect you and your loved ones.


• Professional Development - We are committed to supporting your growth and development. Take advantage of our educational assistance programs for Accounting and Actuarial professionals and our comprehensive L&D offerings to expand your skills and achieve your professional goals.


• Additional Perks - Enjoy a range of additional perks such as on-site amenities, social events, a robust Referral Program and more.

Salary Range: $130, 000 - $186, 000. This position is bonus eligible.

Job Description

Job Summary

The position is embedded in the Worldwide Pricing & Analytics team, which is part of the Group Actuarial Office.

You will be based in the Stamford office, which is responsible for pricing US business.

About The Role

Your core responsibility is to be a Business Partner for the US MGA Insurance Programs Underwriting Team by providing profitability analysis of markets, segments, and/or individual transactions. In this role you will:

• Lead pricing analysis for US MGA Insurance Programs business, including portfolio review and large case pricing review


• Provide subject matter and functional expertise to internal/external stakeholders for the above segment


• Lead projects to refine key assumptions related to the above segment, including developing an insurance pricing model over time


• Liaise with Underwriting, Claims, Reserving, and the Managing Actuary to ensure that pricing reflects all relevant information


• Assist in monitoring the portfolio and underlying risks, including MI dashboarding


• Utilize PartnerRe actuarial models and understand the underlying actuarial theory


• Participate on a variety of ad-hoc project teams


• Outside of your core responsibilities, you will be occasionally providing actuarial analysis in support of other functions with the Group Actuarial & Risk Office, which could include Reserving, Risk, or non-US reinsurance Pricing

Work Experience And Qualifications

You have gained 7 to 10 years of work experience; some experience in US MGA Insurance pricing and/or reinsurance pricing preferred.

You hold a Bachelor's Degree and ACAS or FCAS designation.

You Bring Along The Following Experience/profile

• Understands mathematical and statistical concepts in addition to actuarial pricing theory


• Exhibits clear communication and good time management skills even under pressure; communicates clearly and succinctly whether in oral or written form; attentive and active listener


• Identifies that a problem exists and applies critical thinking skills to develop solutions


• Demonstrates intellectual curiosity to expand knowledge


• Navigates existing systems and processes to accomplish stated business objectives effectively and efficiently


• Identifies various macro and micro level views on a topic or situation

PartnerRe is an equal opportunities employer.

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