Trainee Reinsurance Analyst September 2023


Sorry, this vacancy is now closed

Trainee Reinsurance Analyst September 2023
Degree requirements
Any degree

Pacific Life Re Reinsurance Analyst, European Operations – City of London
Salary: £34,000 plus excellent benefits
Start date: early September 2023

Who are we?

We are a global reinsurance company, providing our clients in Europe, Asia, Australia and North America with innovative products and services to manage their mortality, morbidity, longevity and asset risks.  

Our mission is to support our clients to provide individuals with security for their families should the worst happen and/or certainty around the income they will receive regardless of how long they live. We are backed and supported by our parent company, Pacific Life, which recently celebrated its 150th birthday.

Underlying our philosophy is an intelligent approach to taking risk. By recruiting top quality staff and investing in the latest analytical technologies, we believe we are well placed to make those decisions.

The team

The European Operations team is based in our London offices right by the iconic Tower Bridge.  The team is crucial to our business and plays a significant role in managing our existing in-force business book within the Protection, Longevity and Global Funded Solutions markets.

What are we looking for?

We are looking for talented individuals who have excellent analytical and technical skills, possess a keen interest in working with data and who want to start a career within the Insurance/Reinsurance industry.

Some of the key responsibilities of being a Reinsurance Analyst are reviewing reinsurance treaties, conducting data analysis and interpreting the results/arising issues. 

Due to the numeracy required in the role, you must have at least a B grade in a STEM subject at A Level and minimum C grade in your other A levels.

We welcome applications from graduates with any degree background as we work in a hugely dynamic and agile environment and can adapt and tailor your learning and development according to your individual experience and abilities. 

What will I be doing?

You will get hands-on experience across a wide range of activities and projects.  From a deep understanding of our products and clients, to reviewing and transforming client data, to managing all our stakeholders and your own treaties, you’ll gain a thorough grounding in life reinsurance – including learning what a treaty is!

Your first three to six months will focus on opportunities and activities that will help you learn and develop. This will involve a period of intensive knowledge sharing around our products and internal training courses on our tools, system and processes.  By the end of that initial period, you will also be working with other teams from around the business to implement and manage your own reinsurance treaties in our new global platform.

We won’t stop investing in you even when you are able to manage the entire life cycle of reinsurance treaties.  We will fully support you as you work through professional qualifications which include but are not limited to insurance, actuarial and finance exams. Additionally, we will provide coaching and challenge you alongside your day-to-day work as you start to build your personal portfolio and brand. 

Career Pathways

There are many progression opportunities within the company and to help support this a new career framework entitled ‘Career Pathways’ has recently gone live across the business. You will be provided with a personalised roadmap to help you navigate your career and work towards your career aspirations. This can include promotion opportunities, similar roles in different departments and the chance to apply for jobs in different global Business units. 

The Operations team is part of the wider Inforce Management department, where we work closely with the Corporate Actuarial team. By joining the Operations team as a Reinsurance Analyst, this can be an excellent ‘alternative way’ for you to develop your reinsurance knowledge and study to become an actuary later in your career.  

What do we expect from you?

We will be encouraging you to learn new skills and to be brave in applying those skills throughout your career with us.  We’re proud to have created an environment where we all collaborate as one team. Often the newest team member has the best idea as they are not constrained by the past. We want everyone to fully contribute and feel empowered to make decisions.

Of course, it’s not all about the work, and we also recognise the importance of reflecting on a job well done and having fun with our colleagues!

To find out more about what it's like to work here please visit:

Application deadline: 1st June 2023

If you have any questions please get in touch: