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
Grow in a supportive environment
Connect with a community of experts
Make an impact
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Job Description
We are looking for a Senior Actuary to join our growing Global Life Financial Solutions team for Asia Pacific, with a specialized focus on Structured Solutions. This role is pivotal in driving our business, which encompasses innovative reinsurance solutions with risk transfer for PartnerRe’s Life and Health.
The role provides the opportunity for exposure to a wide variety of products and innovative reinsurance solutions in diverse Asia Pacific markets. The candidate will be expected to make a significant contribution to the development of our Global Life Financial Solutions team, and the wider enhancement of PartnerRe’s Life & Health propositions.
About the role:
Your core mission is to strategically develop and price Structured Solutions whilst supporting new capital motivated solutions to grow PartnerRe’s revenue in the Asia Pacific region.
Additional responsibilities to include:
- Develop and price reinsurance solutions that faciliate risk transfer, specifically tailored for in-force portfolio transfers.
- Technical development of pricing tools to analyze risk and profitability of life reinsurance solutions.
- Contribute to the deal execution involving responding to RFPs, negotiating terms with clients, and prepare internal approval reports
- Develop a high profile within L&H APAC business establishing regular contact with stakeholders and decision makers.
- Build strong rapport, trust and credibility with the team and corporate functions to continue to support to continue to improve the streamlining of deal approvals whilst having the right controls.
- Working on other ad-hoc projects as required
Qualifications
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.
Moreover, you have the following background, skills and mindset:
- Based in either Hong Kong or Singapore
- Fluent English speaker with Asian languages is desirable.
- Qualified life actuary with at least 8 years of relevant financial services industry experience
- Strong actuarial background in pricing life and health insurance / reinsurance and familiar in accounting standards (e.g. IFRS-17), solvency regimes (e.g. ICS and EU Solvency II), financial reporting, valuation, EV, and ALM.
- Organised and self-motivated to drive forward ongoing solution development.
- Great communication, strong analytical and problem-solving skills
- Experience in biometric risk pricing and structure bespoke reinsurance agreements will be ideal.
Additional Information
What can we offer you:
An international environment in a Global team, where you will be challenged, can learn from other global experienced 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 including C-suite contacts in our clients.
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.
Occasional travel within the region should be expected.
#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
What We Do
At PartnerRe, we are a community of curious, intelligent industry experts, united by a drive to outperform. As an international reinsurer with a robust capital base, we are a market leader with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
