L&H Infrastructure Modelling Actuary

PartnerRe; Dublin; On-site; EUR 60,000 - 80,000; Full time

Job summary

A leading reinsurance company seeks a candidate to maintain the Overlay platform and other Global Life Reserving Models. Responsibilities include testing developments implemented by IT, regression testing, and collaboration with internal teams to streamline business processes. A minimum of 5 years' experience in Life reserving or pricing is required, along with strong IT skills in SQL and PowerBI. This role offers the opportunity to work in a supportive and diverse environment.

Benefits

Diversity and Inclusion program

Competitive salary

Qualifications

• 5 years' experience in Life reserving or pricing in (re)insurance.
• Experience in testing actuarial and data transformation software required.
• Knowledge in relevant software tools is essential.

Responsibilities

• Ensure maintenance of the Overlay platform and Global Life Reserving Models.
• Perform regression tests and support business testing.
• Collaborate with IT to fix bugs and enhance data visualization.

Skills

SQL

VBA

PowerBI

Data Virtuality

Snowflake

team-oriented

strong communication

Education

Qualified Actuary or degree in Actuarial/Statistics/IT/Engineering

Tools

Business Objects

Power Query

R

Job description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation for 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 & Care.

About the role:

The role of the In‑House Valuation Infrastructure team is to ensure maintenance of the Overlay platform and other Global Life Reserving Valuation Models. The candidate will be responsible for testing the developments implemented by IT on the Overlay platform, for the SII / MGAAP module (which includes SII, VIF, BMA, and local reporting).

• Understanding business requirements,
• Defining appropriate test cases,
• Performing tests (in particular, the candidate will be the QA tester for the SII / MGAAP module),
• Collaborating with IT to fix bugs as required,
• Maintaining the replicator and testing tools,
• Performing regression tests,
• Supporting business testing.

The candidate will participate in other team activities as required, for instance:

• Supporting testing of other Overlay modules (Accruals, LDTI, IFRS 17)
• Gathering requirements and writing specifications
• Developing and maintaining other global actuarial systems, models and tools
• Modernising, extending and harmonising the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments
• Enhancing the visualization and analysis capability for use in the validation of results, production of management reporting metrics and implementation of controls
• Acting in a research and development capacity to generate new ideas for affecting process, methodology and reporting efficiencies
• Working closely with the IT and life actuarial teams, Operations, Finance, external consultants and vendors to implement changes to the modelling architecture

Qualifications:

Technical Skills

• Experience in specification, development and, more particularly, testing of actuarial and data transformation software
• Strong IT and data management skills
• Knowledge in relevant software: SQL/VBA/PowerBI/Power Query/Business Objects/Data Virtuality/Snowflake/R
• Reinsurance knowledge is an asset
• Strongly driven to streamline business processes, with an emphasis on automation and maintainability

Soft Skills

• Organised and able to work in a matrix structure environment
• Strong communication skills and proficiency in English
• High motivation and team‑orientation
• Keen to work with other cultures

Work Experience

• 5 years' working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with solid systems development, testing or programming background and exposure to financial transformation projects.
• Prior experience of financial reporting with respect to regulatory reporting regimes including SII, BMA, MAS, VIF would be a distinct advantage.

Education

• Qualified Actuary or experienced professional with university degree in a relevant field (Actuarial, Statistics, IT, Engineering)

Additional Information

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.