Avp & Actuary, Statutory Reporting

**Location**

Munich, Germany
**Job type**

Full-Time
**Work mode**

Hybrid
**Job level**

Professional
**Job ID**

9545
**Company**

Munich Re Life US
**Employment type**

Regular
**Area of expertise**

Actuarial & Risk Management

**Key Responsibilities**:

- Lead the preparation of the actuarial statutory reports in support of the Appointed Actuary, including but not limited to, Bluebook exhibits and the Actuarial Memorandum.
- Collaborate with cross-functional teams, including Actuarial, Accounting, and Compliance to ensure accurate and timely reporting.
- Provide expert actuarial guidance and support to business leaders, ensuring that statutory reporting requirements are met and that business decisions are informed by accurate and reliable data.
- Support deal teams as they evaluate new lines of business or structures for the implications to Statutory reporting
- Recommend and implement strategies to achieve capital efficiencies
- Mentor and coach junior team members, sharing expertise and promoting a culture of excellence and collaboration.
- Develop and maintain relationships with key stakeholders, including auditors and industry peers, to ensure effective communication and coordination.

**Requirements**:

- Fellow of the Society of Actuaries (FSA) / Member of the American Academy of Actuaries (MAAA) with a strong background in life reinsurance or insurance.
- Minimum 10 years of experience in actuarial roles, with a focus on statutory reporting
- In-depth knowledge of regulatory requirements, including NAIC and state insurance regulations.
- Strong analytical, problem-solving, and communication skills, with the ability to distill complex concepts into clear, actionable insights.
- Strong business acumen, with the ability to balance technical expertise with business needs and priorities.
- Excellent project management skills, with the ability to prioritize tasks, manage multiple projects, and meet deadlines in a fast-paced environment.

**Our Benefits**
- Comprehensive Medical Plans
- PTO and Family Leave
- Retirement Savings Plans
- Dental and Vision Plans
- Life and Disability insurance
- Employee Assistance Program
- Adoption Assistance
- Wellness Programs - Calm, WW, SoFI, Virgin Pulse
- Commuter Benefits
- FSA and HSA Plans
- Hospital Indemnity, Critical Illness and Accident Plans

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

**About Munich Re**
- Together, we engage with everything we have and are, to help humankind act braver and better._

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

For New York City based employees, the base salary range anticipated for this position is $261,596 - $289,132, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.