European Operations Trainee Reinsurance Analyst

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£28,000 to £32,000 depending on experience depending on experience + benefits
30th August 2019
Start date:
September 2019
Job type:
Graduate job

Who are we?

Pacific Life Re are a global reinsurance company, working with clients in Europe, Asia, Australia and North America to manage their mortality, morbidity and longevity risks. We specialise in providing our clients with innovative products and services for Life, Critical Illness, Income Protection, Hospital Cash and Longevity. We have support and backing from our parent company, Pacific Life, which has been around for over 150 years.

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

What will I be doing?

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

Your development and career

We will support you as you work through CII or CAA exams, with a full study package, including materials, days off, and financial rewards on passing your exams.

We will provide coaching and challenges alongside your day-to-day work as you start to build your personal portfolio and brand. We will ensure you are able to manage the entire life cycle of reinsurance treaties and are then ready to talk about your career progression from there, which could be into many different parts of our business, as working in Operations, is the engine room through which all of our business runs.

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.

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 across both Longevity and Protection products.

What are we looking for?

We are looking for talented individuals with an interest in working with data who want to start a career within the Insurance / Reinsurance industry. To be successful within the role, you will need to be a collaborative team player, demonstrate good numeracy skills and be able to write fluently in English. Good interpersonal skills and a curious nature will also stand you in good stead – we pride ourselves in thinking differently and so seek people who are not afraid to challenge the norm.

You may or may not be a graduate, and 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.

What do we expect from you?

We set out to be different, so our company culture is important to us. That’s why we hire top quality people and look after them. In return, we want people who think differently, critically assess how we should do something and aren’t afraid to challenge the norm.

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 to feel that they can do so.

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!

Click here to look at our company Principles and Behaviours.

If you have any questions about our Operations Graduate Programme, please get in touch:


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