Actuary/Structurer (m/f/d) - Risk and Profitability Expert
vor 4 Wochen
About the Role
We are seeking a highly skilled Actuary/Structurer to join our team at Munich Re. As a key member of our team, you will be responsible for analyzing risk and profitability of life insurance and reinsurance products and in-force portfolios.
Key Responsibilities
- Expand and improve our tool library (mostly in R, some in Excel/VBA) as well as the interactions with our Database (SQL Server)
- Analyze data requirements needed for experience studies and assumption setting
- Perform experience analyses for incoming client transactions (i.e. prepare and clean the data, build data cubes, carry out data checks for validity and consistency, carry out Exploratory Data Analysis such as 1- and 2-way predictor analysis, correlation, and collinearity, Determine clustering and binning of variables, clear documentation, etc.)
- Research and understand the product / market / tax & regulatory environment as well as industry practice and relevant market experiences
- Prepare client engagement material (presentations, memos, reports) under the direction and guidance of experienced team members
- Assist in developing appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects
- Develop own professional understanding of client problem set and Munich Re solution set through interaction with team
- Possibility to become involved in cash-flow modelling (in particular, modelling the actuarial assumptions in the AON PathWise cash-flow modelling suite)
About You
- High quality degree in mathematics, insurance / financial mathematics, statistics, computer science or business graduates with mathematical orientation
- Proficient use of MS Word, Excel, Access
- Proficient use of a statistical modeling software package or programming language (e.g. Matlab, R, Python etc.)
- Financial Mathematics and/or Data Science and/or Actuarial training
- Strong presentation skills
- Proactive, analytical and innovative in solving problems and flexibility in relation to a continuously and rapidly changing environment
- Ability to work within a team distributed over various locations
- Fluent English speaker (other languages also advantageous)
- Intrinsic motivation, high personal integrity, joy in meeting challenges
What We Offer
- Competitive salary
- Retirement provision
- Work-life balance
- Health management
- Hybrid working
About Munich Re
Munich Re is the world's leading reinsurance company with more than 11,000 employees at over 50 locations. We introduce a paradigm shift in the way you think about insurance by turning uncertainty into a manageable risk. 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.
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