Senior Actuarial Associate/Actuary in Toronto

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

We are always looking for bright, proactive individuals to join our team! PartnerRe is an equal opportunities employer.

The expected base salary range for this position, when hired into our Toronto location, is CAD$122,000-142,000 per year. For positions based in other jurisdictions, compensation will be determined in alignment with local regulations, market benchmarks, and internal compensation frameworks. The above range reflects the typical base salary range for candidates hired into this position. The actual salary will vary depending on a number of factors, including job location, experience, qualifications, education/training, skills, market conditions, and alignment with the role’s requirements.

In addition to base salary, eligible employees may participate in our annual incentive program, payment under which is at the discretion of PartnerRe and subject to individual and company performance. Eligible employees also have the opportunity to participate in an array of benefits, including medical, dental and vision coverage, a health spending account, a defined contribution pension plan, life insurance, short- and long-term disability coverage, etc.

PartnerRe operates with a hybrid work approach that balances in-office collaboration with the flexibility of remote work. Our employees are required to be in the office 3 days a week. Our goal is to create an environment where employees can connect, innovate, and perform at their best.

We are seeking a Senior Actuarial Associate or newly qualified Actuary to join our Global AXIS Modelling team. In this role, you will support high-impact modelling initiatives that strengthen tools, processes, model quality, and controls. You will work closely with colleagues within the modelling team and collaborate with stakeholders across Operations, Pricing, and Valuation. This is an excellent opportunity for a technically strong candidate with AXIS modelling experience to deepen their expertise, broaden their exposure across the business, and contribute in a dynamic reinsurance environment.

Key Responsibilities Include:

• Manage, create, maintain and enhance AXIS valuation models for life and health reinsurance treaties, including retrocessions.
• Model new treaties while providing technical guidance to other team members as necessary and peer reviewing their work.
• Help improve valuation tools, streamline processes, and enhance controls to increase model quality, transparency, and efficiency.
• Contribute to model validation, audit support, and continuous improvement initiatives.
• Collaborate with stakeholders across functions and support broader team initiatives as well as ad hoc projects.

About You:

• You bring strong technical, analytical, problem-solving, and communication skills.
• Experience with AXIS modelling.
• Strong Excel skills, including experience with VBA.
• Knowledge of R and SQL is an asset.
• You thrive in a collaborative, cross-functional environment.
• You are comfortable managing multiple priorities in a demanding environment.
• 2 years of Life & Health Actuarial experience.
• Bachelor’s degree in a related field.
• ASA or FSA designation or equivalent CIA education.

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.