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Pricing Actuary, Life & Health - Key Accounts, EMELA

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PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. It is a dynamic, challenging, and rewarding place to work. We are always looking for bright,…

Pricing Actuary, Life & Health - Key Accounts, EMELA
PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. It is a dynamic, challenging, and rewarding place to work. We are always looking for bright, proactive people with expert knowledge skills, and integrity to join our international team. Our culture is based on trust, responsibility, openness, and initiative, and we pride ourselves on delivering the best possible reinsurance solutions for our clients.

Pricing Actuary, Life & Health - Key Accounts, EMELA

We are looking for a recently qualified actuary to join our Key Accounts regional pricing team.  This is a team tasked with effective management and pricing of our key accounts across a wide range of markets including: UK, Ireland, Europe (excluding France), Israel and South Africa.  Across these markets we write group and individual protection business, both in short and in long-term lines.


The role provides the opportunity for exposure to a wide variety of products in diverse markets and you will be expected to make a significant contribution to the development of our pricing team and the wider enhancement of PartnerRe’s Life & Health propositions. 


You are skilled in the pricing and risk assessment of Life & Health products.  With a strong understanding of the factors that influence profitability and the risk mitigants that should be in place, you are able to take a holistic view of transactions.


As a technical client facing role effective communication is key.  You will have excellent communication skills across both internal and external stakeholders.


You will be responsible for leading actuarial pricing exercises and supporting the deal underwriter in preparing responses to tenders. This typically involves carrying out actuarial analyses, proposing and owning assumptions, and providing technical expertise.


Your responsibilities will include:

  • Detailed pricing of proportional and non-proportional reinsurance solutions, including mortality/morbidity experience analysis, developing assumptions, modelling of cash flows and providing views on profitability
  • Out-of-the-box thinking to come up with innovative pricing approaches and solutions
  • Checking of pricing done by other team members
  • Documentation of pricing exercises (pricing and checking reports) as well as supporting the underwriters in sign-off presentations, offer letters to clients, etc.
  • Ensuring all pricing is carried out in accordance with company underwriting processes and pricing guidelines
  • Research, development, maintenance and improvements to EMELA’s pricing benchmarks, methodologies and tools
  • Follow-up and analysis of the in-force portfolio in coordination with In-force Management and Valuation teams
  • Representing PartnerRe at client meetings and in industry conferences or bodies
  • Strengthening the company and team’s profile by presenting at both internal and external events.

Working closely with the Chief Pricing Actuary, Market Lead and other team members, you will be part of a community of expert pricing actuaries seen as adding value and ensuring the Life and Health business grows in a profitable and controlled way.

About you

You are a technically excellent individual with an ability to demonstrate commercial sense. Creativity, curiosity and pragmatism are desirable attitudes.


You enjoy collaborating with your colleagues as well as working on your own. Your preference is to be part of an international and multicultural environment, handling diverse tasks, yet always ready to serve the team and meet the business needs.


You have the following background, skills and mindset:

  • Recently Qualified Life Actuary (FIA or equivalent), typically with 2+ years of post-qualification pricing experience in Life insurance or reinsurance
  • Experience of pricing long term business lines for risks such as mortality and morbidity; reinsurance experience is a big advantage
  • Good understanding of key industry issues and trends
  • Proven analytical skills and the ability to work on complex projects, including the ability to manage time and multiple priorities effectively
  • Self-motivation, ability to work under pressure when needed
  • Experience in actuarial projections systems (e.g. AXIS, Risk Agility) or statistical software (e.g. R) is desirable
  • Excellent communication and interpersonal skills, including the ability to communicate complex technical issues in an effective way
  • Ability to lead work and give/receive constructive feedback and coach others with a view to improving their/own performance
  • Excellent verbal and written communication skills in English; additional language skills would be an advantage.

What can we offer you

An international environment, where you will be challenged, can learn from other specialists and are exposed to multiple lines of our business in a wide range of countries. A structure which fosters empowerment and collaboration with various stakeholders.


In our agile team, your impact really makes a difference and our structure fosters empowerment and collaboration with various partners.  As a growing business you will have the opportunity to help shape our team and be an integral part of our success. 


The position is based in PartnerRe’s Zurich office, but occasional travel to other offices should be expected.

PartnerRe does not interview employment candidates or make offers of employment solely on the basis of telephone or electronic interviews or other communications. Authorized PartnerRe email communications are sent only from an official @PartnerRe.com email address. In addition, PartnerRe does not request payments of money from employment candidates before or after an offer of employment is made.


Frau Sonja Di Pizzo
Bellerivestrasse 36
8034 Zürich

Website http://www.partnerre.com/careers

Zürich / Curych / Zurich

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