PartnerRe Ltd.

VP, Pricing Actuary

PartnerRe Ltd.$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of relevant work experience in US MGA Insurance pricing or reinsurance pricing preferred
  • Bachelor's Degree with ACAS or FCAS designation
  • Strong grasp of mathematical and statistical concepts along with actuarial pricing theory
  • Excellent communication and time management skills, even under pressure
  • Demonstrated critical thinking abilities and problem-solving skills
  • Intellectual curiosity for continuous learning and knowledge expansion
  • Ability to navigate existing corporate systems and achieve business objectives effectively

Responsibilities

  • Lead pricing analysis for US MGA Insurance Programs, including portfolio and large case reviews
  • Provide expertise to stakeholders regarding pricing segmentation
  • Refine key assumptions and develop an insurance pricing model
  • Liaise with various departments to ensure pricing accuracy
  • Monitor portfolio risks and utilize MI dashboards effectively
  • Employ PartnerRe actuarial models and understand underlying theory
  • Participate in various ad-hoc project teams for cross-functional support

Benefits

  • Diverse and inclusive working environment
  • Opportunities for professional development and growth
  • Empowerment to perform at your best
  • Engagement with a variety of internal and external stakeholders
  • Supportive culture for continuous learning
Full Job Description
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

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.

Thank you,

PartnerRe Hiring Team

About PartnerRe Ltd.

PartnerRe Ltd. is a leading global reinsurer that was founded in 1993. The company provides multi-line reinsurance to insurance companies on a worldwide basis. PartnerRe Ltd. operates through three segments: Property and Casualty, Specialty, and Life and Health. The company is headquartered in Hamilton, Bermuda.
Learn more about PartnerRe Ltd.
Size
1,000 employees
Industry
Net Income
$1 million
Founded
1993
5 Year Trend
-2%
Revenue
$5 billion
NASDAQ

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