Pricing Actuary

Company Overview

PartnerRe is a major global reinsurer known for its financial strength and stability. The company is committed to supporting businesses and communities in recovering after risk events worldwide. PartnerRe aims to remain a dependable financial partner by delivering tailored solutions to clients, generating strong returns for owners, offering growth opportunities for employees, and contributing positively to society. The organization values integrity, strong performance, collaboration, direct communication, and mutual respect and care. With an international and connected team culture, PartnerRe encourages a collaborative environment that fosters career growth, expert networking, and impactful work.

Role Summary

The Pricing Actuary will support pricing activities across the Asia-Pacific region for various non-life property and casualty sectors. This includes overseeing the end-to-end management of data processing efforts in collaboration with third-party teams based in India.

Key Responsibilities

• Develop pricing for reinsurance treaty business, offering clear technical insights into the underlying business.
• Engage in account discussions alongside actuaries, underwriters, and other key stakeholders.
• Participate in market meetings to contribute to collective market knowledge and insights.
• Ensure prioritization and timely delivery of final pricing products.
• Leverage PartnerRe's actuarial models while applying a solid understanding of actuarial theory.
• Oversee recruitment, training, and allocation of tasks for the Asia data crunch team members.
• Collaborate closely with India-based third-party resources to provide comprehensive data crunching support for PartnerRe globally.

Experience and Skills

• 3 to 5 years of professional experience within a non-life insurance or reinsurance environment.
• Preference given to candidates with direct reinsurance treaty pricing experience.
• Exposure to multiple lines such as Property, Liability, and Marine is advantageous.
• Fluent English language skills; proficiency in an Asian language is a plus.
• Basic Excel VBA programming knowledge; additional programming or AI data analysis experience is beneficial.
• Well-versed in actuarial pricing theory, including awareness of limitations in various loss projection approaches; familiarity with Catastrophe Modelling is a plus.
• Solid understanding of reinsurance market dynamics, client incentives, and contractual treaty clauses is desirable.

Behavioural Traits

• Demonstrates intellectual curiosity and a desire to broaden knowledge.
• Reliably motivated and consistent in managing tasks.
• Possesses strong communication skills, effective time management, attentive listening, and decision-making capabilities under pressure.
• Thrives as a cooperative team member contributing to optimal solutions.

Education and Qualifications

A tertiary degree in a quantitative field such as Actuarial Science, Data Analysis, or Econometrics is required. Candidates progressing towards professional actuarial accreditation will be strongly considered.

Additional Information

PartnerRe fosters a diverse and inclusive workplace where all employees feel valued, respected, and empowered to excel. Embracing diversity and inclusion is central to the company culture.