Internship - Actuarial / Data Scientist Life Valuation Paris / 3 months internship rolling over to a 1-year apprenticeship role or 6 months internship

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 The PartnerRe Experience e-book to learn more about what it’s like to work at PartnerRe.

Job Description

About the role

We are looking to hire Actuarial / Data Scientist Interns to join the Valuation team in Paris, reporting to an allocated Valuation Actuary and specializing on either Longevity, Long Term Protection, GMDB/FinSol or Short Term Protection. One intern for each line of business. It will be either a:

• 3 months internship followed by a 1Y apprenticeship or
• 6 months year-break or end-of-study internship

In this role you will be responsible for several topics which may involve:

• Automating bordereaux compilation and generating reports on treaty performance
• Expanding existing R frameworks for modelling and reporting
• Conducting actuarial experience studies in respect of mortality on client portfolios in order to improve our internal modelling
• Adoption of new valuation software (R/PowerQuery/PowerBI).
• Using the results of experience studies to update actuarial projections in respect of PartnerRe’s statutory accounting and economic reporting requirements
• Working on the implementation of several projects
• Supporting reporting activity in different metrics (LDTI US GAAP, FR GAAP, Solvency 2)

To be successful in the role you will need to be familiar with programming in R as well as with actuarial techniques such as the application of decrements, discounting and the derivation and comparison of present values.

Qualifications

About you

We are looking for an intern with R modelling skills who seeks challenge and has a desire to learn about new products, markets and approaches. You wish to work in a dynamic and culturally diverse environment with colleagues possessing a wide and varied range of experiences.

In addition, to be an ideal candidate you have the following background, skills and mindset:

• Graduated from or currently enrolled in a relevant university program in data science, statistics, mathematics, actuarial science, or a related field. Making progress towards qualifying as an Actuary
• Strong proficiency in R programming language, data manipulation and visualization, including tidyverse packages. Experience with R Markdown and/or R Shiny is a plus
• Strong proficiency in Microsoft Excel. Experience using VBA is a plus
• Experience with SQL and databases in general is a plus
• Well-organized, proactive, creative and solution-oriented
• Strong communication skills with the ability to present complex technical topics to non-technical audiences
• Fluency in French and English, both written and spoken skills are necessary
• Highly motivated, openness for continuous improvement

Previous experience in life (re)insurance would be a plus

Additional Information

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