Associate Actuary

Partnerre • Charlotte, NC

110d

About The Position

The focus of this role will be to gain foundational skills in actuarial science and technical expertise. The role involves creating and maintaining AXIS models for pricing reinsurance quotes and performing profitability analysis of results. Responsibilities include peer reviewing AXIS models and results performed by other pricing team members, ensuring that models meet corporate guidelines, reflecting best practices, and are updated for regulatory changes. The position also supports assumption development based on data provided by the client for mortality, lapse, and distribution, and involves creating and maintaining documentation of pricing materials to support internal peer review, internal approval, and finalization for future audit requests. Additionally, the role requires reviewing client data against a checklist to ensure completeness for modeling and supporting client interaction as needed on quote-specific information. The candidate will also review experience for existing reinsurance clients to ensure that profitability is emerging as expected and recommend changes to assumptions, if necessary, during re-quoting.

Requirements

• Strong technical and analytical skills.
• Solid knowledge of GGY AXIS software (or comparable actuarial modeling system) is desired.
• Proficiency in Microsoft Office Suite, Advanced Excel.
• Knowledge of other programs such as R, SQL, Tableau, Python is required.
• Strong organizational skills, ability to prioritize and multi-task.
• Self-starter who can work in an open, collaborative environment.
• Demonstrated ability to promote effective teamwork and accountability.
• Strong work ethic and a desire to succeed.
• Solid verbal and written communication skills.

Nice To Haves

• Life insurance/reinsurance experience.
• Familiarity with life pricing and/or product development.

Responsibilities

• Create and maintain AXIS models for pricing reinsurance quotes.
• Perform profitability analysis of results.
• Peer review AXIS models and results performed by other pricing team members.
• Ensure that models meet corporate guidelines and reflect best practices.
• Update models for regulatory changes.
• Support assumption development based on client data for mortality, lapse, and distribution.
• Create and maintain documentation of pricing materials for internal peer review and approval.
• Review client data against a checklist for completeness.
• Support client interaction on quote-specific information.
• Review experience for existing reinsurance clients and recommend changes to assumptions during re-quoting.

What This Job Offers

• Industry: Insurance Carriers and Related Activities