Valuation Actuary

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

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ABOUT THE ROLE

We are seeking an APAC IFM/Valuation Actuary to join our dynamic, fast growing APAC Reserving team. The role is based in our Hong Kong Office. The job holder will be a key contributor to reserving related activities across the APAC L&H business mainly focussing on in-force monitoring and management. This job holder will report to Senior Valuation Actuary responsible for IFM activities, but capable of carry out work independently to a high quality.

ABOUT YOU

Your responsibilities will include:

• Leading in-force management activities (including experience studies) for the assigned treaties to support business development and to review key actuarial assumptions
• Developing technical knowledge base (product, assumptions, regulation, industry trends) and provide training/consultation within the Reserving team
• Working with cross-functional team (eg Operation) to define data requirements and calculation
• Maintaining and improving documentation of methodologies, processes, procedures, controls, and results
• Support the quarterly reporting process by assisting LOB Owners in the actuarial valuation of APAC L&H business under various bases such as US GAAP, LDTI, and IFRS17
• Support New Business volume & mix monitoring
• Support Model Owner in valuation model building and validation
• Supporting the APAC Chief Actuary and direct manager in ad-hoc projects

Technical skills

• Knowledge of AXIS/R would be an advantage
• Knowledge of US GAAP, LDTI, and IFRS17 would be an advantage

Soft skills

• Organized and responsible, able to work in a matrix structure
• Attention to details
• Strong communication & problem-solving skills and proficiency in English
• Self-disciplined, motivated, and team-orientated

Work experience

• Minimum 5 years' actuarial experience in Life (re)insurance including at least 3+ years in two or more of the following:
  • Experience Studies or Data Analytics
  • R/SQL/VBA coding experience
  • Reinsurance

Professional qualifications or designations

• Newly or Nearly Qualified Actuary

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