This role has become available due to an internal promotion and the steady growth and expansion of the organisation. We are now looking to hire a Snr Pricing Actuary for the Centralised Pricing Team based in Charlotte and reporting into the L&H Global Chief Pricing Actuary.
This Global underwriting and Pricing team works closely with regional pricing units and sits at the centre of a growing Life and Health business with international responsibilities for all lines of Life and Health business (excluding US Health business). The role provides exposure to a wide variety of long-term protection products, with a focus on Financial and customised Solution offerings. Whilst the geographic focus will be on the US market, there is exposure to all markets in PartnerRe as we look to develop and promote underwriting best practices.
Working with client partners and their pricing teams across the US continent, you will be part of a centralised team of experienced industry professionals seen as adding value and ensuring the L&H business grows in a profitable and controlled way. You will be a key person in helping shape and grow the Financial Solutions L&H business through overseeing and improving the end-to-end underwriting of deals with the team. This Line of business, along with the US protection business, is a strategic priority for PartnerRe and provides an opportunity to be at the heart of the action.
You will be responsible for creating strong, positive, and robust relationships with all stakeholders in the US and will have the opportunity to influence the direction that this position takes. As this job grows and develops there could be an opportunity to build out and develop a team below you. We are ideally looking for a technical individual who can be pragmatic and demonstrate commercial sense. You will have a deep knowledge of L&H Products and a proven track record in Financial Solution reinsurance transactions and/or US long term protection.
Close collaboration with the Financial Solutions unit and the North American Life protection unit on new opportunities and the development of new products.
Promoting PartnerRe’s expertise through targeted marketing efforts, supporting client visits and externally representing and promoting PartnerRe's pricing capabilities
Ensuring the consistency of PartnerRe pricing methodologies, group level assumptions and standards
Reviewing complex and unusual deals, providing an opinion on whether we are suitably rewarded for the risk. Whilst there will be LT mortality deals to review (mostly from the US), you will become the go-to Financial Solutions reviewer and expert supporting the controlled growth of this line of business.
Sharing of best practice for pricing and product development across the regions
Supporting/driving research and development to enhance the pricing and underwriting infrastructure
Because this is a company where you can make a real impact, where you will quickly get to know all your colleagues, where collaboration and diversity are valued, where personal development is enabled, and where you will get a true sense of the contribution you make to the company’s success.
Become part of a leading reinsurance company of over 1,000 professionals spread across 20 world locations – a company that prides itself in delivering the best possible risk solutions to its insurance clients and brokers. For more on the extensive and fascinating range of risks we protect: https://partnerre.com/risk-solutions/
Become part of a culture based on trust, initiative, responsibility, and openness. We are always looking for bright, proactive individuals to join our team!
A minimum of 8yrs pricing experience in the US market. A Minimum of 5yrs Post Qualified experience.
Experience in the broader NAL region, and other international markets
Recognized expert in the underwriting, pricing and/or risk assessment of L&H products
A strong understanding of the factors that influence profitability
Knowledge of Solvency II, Canadian and US accounting and capital regimes
The ability to advise on underwriting of deals where there is limited data available or new underlying risks
Experience of actuarial projections systems (e.g. AXIS) or statistical software (e.g. R)
Excellent verbal and written communication in English. Additional language skills would be an advantage
Internal Number: d5dxcoiz
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