The ideal candidate can be based in any of our European offices: Zurich, Paris, Dublin, and as a member of the Group Actuarial team you will report to our Group Actuary in Dublin.
The main focus of this role will be in building, testing and maintenance of non-life actuarial IFRS 17 requirements for PartnerRe Group and its legal entities in Europe, Canada and Asia.
Core responsibilities will include:
- Calculation, testing and maintenance of IFRS17 CSM, risk adjustment, discounting, cashflows for group and legal entities leveraging Solvency II calculations where appropriate by working closely with the non-life and life actuarial teams, Finance, IT and external vendors to ensure IFRS17 compliance and maintenance of these processes post IFRS 17 implementation - Modelling to support IFRS17 policy decisions - Maintaining documentation of processes and procedures - Working closely with Finance to ensure the efficient production of inputs to quarterly and annual IFRS17 financial statements - Contributing to the monitoring of changes in rules and guidances or market practice relating to the calculation of IFRS 17 requirements
Furthermore, you should contribute to the continued enhancement of the IFRS17 actuarial environment
You will also be responsible for the building and monitoring of the controls process relating to the IFRS17 environment and liaise with external Auditors to provide data required for their quarterly/year-end procedures post IFRS17 implementation.
In addition, as part of the wider Group actuarial team you may be required to provide assistance on other Group related tasks as required post IFRS 17 implementation.
The successful candidate will have the following skills and experience:
Have attained or are close to attaining the Fellow of the Institute of Actuaries (FIA) designation, Associate or Fellow of the Casualty Actuary Society (ACAS/FCAS) or equivalent
Degree in actuarial science, mathematics, or a related field.
At least 8 to 10 years of non-life actuarial experience either in reinsurance, insurance or consulting. Prior experience of IFRS 17 would be a distinct advantage, with experience in Solvency II, reserving and financial reporting also being helpful.
To be successful in this role you should possess:
- Advanced Microsoft Excel, IT, data management and modeling skills; knowledge of visual basic and Business Objects reporting would be an advantage - Strong communication, good written skills and proficiency in English - High motivation, team-orientation and adaptability
What can we offer you
PartnerRe is a leading global reinsurer that was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. Though we have evolved continuously throughout the years, our purpose remains the same: to help insurance companies succeed.
We are a global and culturally diverse team of more than 1,000 talented professionals spread across 20 locations. Our size ensures that we are big enough to matter and be relevant to our clients and brokers, but small enough that you will quickly get to know all of the colleagues that you will be collaborating with. More importantly, PartnerRe is a company where you can make a real impact and get a true sense of the contribution you make to the company?s success and results.
Our culture is based on trust, responsibility, openness, and initiative, and we pride ourselves on delivering the best possible reinsurance solutions for our clients. We are always looking for bright, proactive people with expert knowledge skills, and integrity to join our international teams.
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.