Actuarial Intern

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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We are always looking for bright, proactive individuals to join our team!

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Job Description

We are looking for a summer intern for a 10-12 week period. The focus of this role will be to gain foundational skills in actuarial science and technical expertise. The intern will be a member of the US Life actuarial team. Internship projects will involve one or more of the following areas: pricing, research and innovation, and financial solutions.

• Create and maintain AXIS models for pricing reinsurance quotes and performing profitability analysis of results.
• Peer review AXIS models and results performed by other pricing team members.
• Ensure that models meet corporate guidelines, reflect best practices, and are updated for regulatory changes.
• Support assumption development as needed based on data provided by the client for mortality, lapse and distribution.
• Create and maintain documentation of pricing materials to support internal peer review, internal approval, and finalize for future audit requests.
• Review client data against a checklist to ensure completeness for modeling. Support client interaction as needed on quote specific information.
• Review experience for existing reinsurance clients to ensure that profitability is emerging as expected and recommend changes to assumptions, if necessary, during re-quoting.

About You

• Strong technical and analytical skills.
• Proficiency in Microsoft Office Suite, Advanced Excel.
• Knowledge of other programs such as R, SQL, Tableau, Python, is preferred
• Solid verbal and written communication skills.
• Strong organizational skills, ability to prioritize and multi-task.
• A self-starter who can work in an open, collaborative environment with a diverse team of financial professionals.
• Demonstrated ability to promote effective teamwork and accountability.
• Strong work ethic and a desire to succeed.

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 learn more about D&I at PartnerRe.

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Thank you,

PartnerRe Hiring Team