Pricing Actuary
PartnerRe
- Dublin
- €80,000 per year
- Permanent
- Full-time
- Detailed modelling and pricing of longevity deals from initial assessment through to deal execution and handover to in-force management team (data interrogation and preparation, mortality experience analysis, demographic experience analysis, creation of the inputs for the projection of cash-flows, cash-flow reconciliation, sensitivities, checking, etc.)
- Technical deal documentation and support to the deal lead as required (pricing and checking reports, support in drafting sign-off memos and offer letters to clients, negotiation support, etc.)
- Development, maintenance and improvements to our current modelling and pricing methodologies and tools.
- Ad hoc and regular analysis of our in-force portfolio to explain performance and find new modelling insights.
- Research and development of our benchmark pricing bases and new longevity benchmarks for new territories.
- Client work including joining negotiation, due diligence visits, implementation visits.
- Opportunities to build deal models for non-longevity deals.
- Qualified actuary or an actuarial trainee making good progress with their actuarial exams
- At least 3-5 years of experience in life (re-)insurance pricing, valuation or consulting
- Longevity pricing or pensions consulting experience would be an advantage
- Proven analytical skills and enjoys working on complex projects
- Ability to manage time and multiple priorities effectively
- Self-motivation, ability to work under pressure when needed
- Experience in MS Excel or statistic software (e.g. R)
- Knowledge of actuarial projections systems (e.g. AXIS, Risk Agility) would be beneficial
- Excellent teamwork and communication skills