Life Pricing Actuary (m/f/d)*

Company
Munich Re
Location
Munich , Germany

In the Client Pricing unit we take care of Life and Health insurance in the diverse, exciting and demanding markets of Continental Europe and Israel. The core tasks of the Client Pricing unit include pricing and risk management for reinsurance contracts, biometric studies, data analytics and monitoring. The Client Pricing unit ensures a holistic, client-focused team approach together with the Client Management team to effectively support the acquisition and maintenance of reinsurance business in the region. Achieving these goals requires a close cooperation between the Client Pricing unit and a wide range of internal departments (Centres of Competence, Valuation, Accounting, etc.). We are looking for a highly qualified and motivated candidate to work as a Life Pricing Actuary with a special focus on Germany and/or the Netherlands/Belgium.

Your Job

Collaborate with the Client Management team in a proactive and goal-oriented way,  especially by supporting the acquisition of new, profitable business and by managing the in-forceStructure and price reinsurance treaties by using actuarial modelling softwareAdvise on possible solutions to optimise reinsurance for both Munich Re and our clientsDerive and update pricing assumptions, if possible, based on biometric studiesProvide actuarial support for our clientsParticipate in agile projects and initiatives supporting our business strategySupport product development in close cooperation with the Business Development unitSupport monitoring, accounting, valuation of new and existing business, including management of portfolio data in close cooperation with the Accounting unit, the Valuation unit and the Centres of CompetenceAnalyse current developments in Life insurance markets and their implications for Munich Re and our cedentsExecute risk management processes

Your Profile

University degree in statistics, mathematics, or actuarial sciences with excellent resultsQualified actuary or willingness to become an actuaryWork experience in primary insurance and/or reinsuranceExperience with actuarial modelling software as AXIS, Prophet or similar and knowledge of software such as R is advantageousHigh degree of entrepreneurial attitude, customer and team orientation, motivation and willingness to take over responsibilityStrong analytic and conceptual thinking combined with a thorough and systematic work approachVery good command of English and German (written and spoken)

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

Competitive salary: appropriate compensation for your high level of commitment.Retirement provision: state of the art in-house pension solutions.Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.Health management: focus on your physical and mental health far beyond legal requirements. Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

Münchener Rückversicherungs-Gesellschaft
Lisa Schneider

HR Consultant

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