Insurance Modeling Jobs in Toronto, ON (NOW HIRING)

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

View Home - PartnerRe Experience e-book 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.

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Compensation and Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD 84,000 - 134,000 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.

Working Arrangement

PartnerRe operates with a hybrid work approach that balances inoffice 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. 

This position is for an existing vacancy within our organization.

PartnerRe is committed to an inclusive, accessible recruitment experience. Reasonable accommodations  for candidates with disabilities are available upon request throughout the hiring process.

Job Description

Job Summary

The position is embedded in the Catastrophe (Cat) Modeling department, which operates from Singapore, Toronto and Zurich. It is responsible for quantifying the company's cat risk in close collaboration with the Cat Research, Portfolio Analytics and Tools & Technology departments.

The Cat Modeling team supports risk transfer decisions founded on our scientifically based view of Cat risk by running and analyzing vendor and proprietary cat models

About the Role

Your core responsibility in this role is to provide timely, efficient, and high-quality Cat risk modeling analytics to Underwriting, Actuarial and Risk Management.

In more detail your main tasks are:

• Execute Cat modeling requests in an accurate and timely manner including thorough exposure data analysis, running cat models, communication of results and investigating the drivers of changes in the risk of loss over time.
• Support of the quarterly portfolio modeling and support regulatory reporting.
• Contribute to the maintenance of the PartnerRe Cat modeling landscape and to projects, to improve its efficiency, including support in maintenance, testing and further development of internal software tools and procedure documentations.
• Participate in projects around the development of PartnerRe's view of natural Cat risk with experts based in Zurich.

Work Expereince and Qualifications

You are a passionate natural scientist, mathematician, actuary, engineer or computer scientist wanting to apply your deep analytical and technical knowledge around reinsurance Cat risk transfer decisions.

You bring the following qualifications and personal qualities:

• A bachelor's or master's degree in the above-mentioned fields or other related quantitative disciplines.
• Ability to prioritize and organize tasks under time constraints.
• Pro-active, pragmatic, solution oriented with a high level of self-initiative, ownership and responsibility.
• Excellent complex problem-solving skills.
• Solid programming experience in R or Python including knowledge on relational databases, preferably MSSQL.
• Very good communication skills with the ability to present complex technical topics to non-technical audiences.
• Proficient (written and verbal) in English, other languages are a plus.
• Robust knowledge of cat tools and methodologies as well as reinsurance products and the industry.

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.

Thank you,

PartnerRe Hiring Team