Senior AXIS Modelling Actuary

Toronto, ON
Permanent
Full-time

28 days ago

Company DescriptionPartnerRe 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 careerGrow in a supportive environmentConnect with a community of expertsMake an impactView to find out more about what it's like to work at PartnerRe.We are always looking for bright, proactive individuals to join our team!Please follow our Careers page for all updates on new positions. We look forward to receiving your application.PartnerRe is an equal opportunities employer.Please join our company for all updates on new positions that are coming live.About the role:

Supporting the maintenance of all pricing and valuation models that use Moody's AXIS actuarial software
Track software issues and works with Moody's for software development needs and bug fixes
Track IT concerns and works collaboratively with IT regarding infrastructure, technology, and licencing matters relating to AXIS
Participate in the training and mentoring of other team members in the use and development of models and tools
Helping to implement consistent modelling practices and methodologies across pricing and valuation models and across regions
Promote communication amongst valuation and pricing modelers to facilitate knowledge transfer and a collaborative environment
Ensure each product team follows a robust control framework and completes appropriate model testing and documentation
Contribute to the implementation of sufficient model controls for SOX, internal and external audit requirements
Analyses of future potential model improvements or updates
Helping to coordinate Moody's AXIS update implementations and testing with IT and modeller staff
Work with LDTI, IFRS 17, FGAAP and SII project leads to understand requirements for the extension of the AXIS valuation models to ensure compliance with the standards.
Internal Model Development using AXIS as a measurement tool
Work with consultants to complete final steps of model migration and modernisation

Qualifications:Technical Skills

Solid AXIS model development expertise is a requirement.
Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
Strong product understanding and IT and data management skills;
Reinsurance knowledge is an asset
Strongly driven to streamline business processes, with an emphasis on automation and maintainability
Experience in specification, development and testing of actuarial and data transformation software

Soft Skills

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
Keen to work with other cultures

Work Experience

10 or more years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience.
Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, FGAAP, BMA, MAS, Embedded Value and Internal Capital Models would be advantageous.

Education

Experienced qualified Actuary or professional with university degree in relevant field (Actuarial, Statistics, IT, Engineering)

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 about D&I at PartnerRe.Thank you,PartnerRe Hiring Team

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