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Consolidation Life Valuation Senior Actuary Dublin

Company: PartnerRe Ltd
Location: Stamford
Posted on: July 1, 2020

Job Description:

PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. It is a dynamic, challenging, and rewarding place to work. We are always looking for bright, proactive people with expert knowledge skills, and integrity to join our international team. Our culture is based on trust, responsibility, openness, and initiative, and we pride ourselves on delivering the best possible reinsurance solutions for our clients. Consolidation Life Valuation Senior Actuary - Dublin SII Life Reserving Consolidation To facilitate the consolidation of the quarterly technical provisions for the Life business of PartnerRe's Dublin-based legal entity, your responsibilities will include: - Assisting with the production of the quarterly/annual technical provisions (TPs) and Quantitative Reporting Templates (QRTs) - Maintaining documentation of methodologies, processes, procedures and results - Assisting in the production of the Chief Life Reserving reports with interactions with Paris - Dublin - Hong Kong Teams - Working with Finance, Risk Management and External Reporting to ensure the efficient production of the quarterly and annual QRTs - Contributing to the monitoring of changes in rules and guidances or market practice relating to the calculation of TP's and the production of QRTs - Contributing to the continued enhancement of the Solvency II closing process - Monitoring of the controls process relating to the Solvency II filings, and liaise with internal / external Auditors to provide data required for their quarterly/year-end procedures. - Working with pricing actuaries to stay informed of developments of pricing bases and models - Specification of required reserving assumptions and model changes to ensure consistency and compliance - Propose and review Best Estimate Assumption updates - Review the calculation of Best Estimate Reserves for SII and MCEV and the calculation of Statutory Reserves for USGAAP and IFRS 17 Projects To aid the effective management of the Life Reserving and Consolidation team, you will be a key contact for topics rel to PRESE (Solvency II legal entity based in Dublin) and your responsibilities will include: - Support Infrastructure Team during the new Overlay Tool modernization and Centralized Database building phases - Support IFRS 17, US GAAP LDTI implementation for Consolidation Team - Mentor, guide and spread both technical and operational knowledges with other team members in the use and development of models and tools and in the methodolical impacts of IFRS17 and US GAAP LDTI - Propose innovative improvements on both tools and methodology - Review existing process and improve operational efficiency of the regulatory reporting - Ensure a robust control framework by automation of validations - Develop and enforce best practices for model governance - Mentor and guide other team members in the use and development of models and tools Other responsibilities: - Coordinate with other team members to facilitate the consolidation - Ad-hoc projects as defined by the management: Brexit set up framework for Life Reserving, Hong Kong Branch integration in Solvency II entity, About you Moreover, you have the following background, skills and mindset: - Qualified Actuary - 5 to 7 years working experience in actuarial field, preferably in Life (re)insurance reserving, valuation or pricing - Strong IT and data management skills - Knowledge of MoSes/Risk Agility FM, AXIS, R and Business Objects reporting would be an advantage - Reinsurance knowledge is an asset - Organized, able to work in a matrix structure - Able to set and manage priorities - Strong communication skills and proficiency in English - High motivation, team-orientation - Able to fit into dynamic structure (Multi GAAP environment involving new standards, tools and models modernization project) - Keen to work with other cultures What can we offer you An international environment, where you will be challenged, can learn from Senior Specialists and are exposed to multiple sections of our business. Our structure fosters collaboration with various stakeholders. One of PartnerRe's core strengths is its technical know-how, built over many years of investment in the right people working on challenges. Be that person and join us! PartnerRe Dublin Office: The PartnerRe Dublin Office was established in 2008. We are based in the Exchange Building of IFSC, Ireland's International Financial Services Centre and have more than 70 employees who support the Irish & UK Life markets, Lloyds and PartnerRe's Non - Life business. The EMEA Financial Support function for the company is also run out of the Dublin office and other specialist teams include: Actuarial, Risk Management, Reinsurance Accounting, Claims, IT, Legal and HR.

Keywords: PartnerRe Ltd, Stamford , Consolidation Life Valuation Senior Actuary Dublin, Accounting, Auditing , Stamford, Connecticut

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