Jobs Available at Munich Re

Your Role:

• Perform experience reviews and pricing for all regions 
• Price new business, new initiatives and product development
• Ensure that Munich Re’s actuarial and risk management standards are met
• Lead/participate in the various projects undertaken by the life team such as  tenders, specific client projects and experience analyses. 
• Coordinate and collaborate with client managers, underwriting, claims, valuations and operations to deliver product propositions. 
• Support the client management strategy e.g. perform research for and accompany client managers as the pricing expert. 
• Support Head of the Retail Pricing team and the Head of the Retail team in providing high quality actuarial consulting service to clients in the area of pricing, product development and risk management.
• Ensure optimal process efficiency

Your profile:

• 4+ years relevant experience in Life reinsurance or insurance business 
• Newly or nearly qualified actuary
• Pricing Experience with sound technical understanding of Life products including mortality and morbidity rate setting and experience 
• Good experience with actuarial modelling packages, Excel, VBA, SQL, Power BI
• Good verbal, communication, presentation and negotiation skills. 

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Your Role:

• Contribute towards and assist with all analyses and review tasks performed in order to satisfy the regulatory and internal requirements of the Risk Function
• Review and quality assurance of the Internal Control System (ICS)
• Reporting risk-related topics within MRoA to fulfil the disclosure duties under SAM 
• Presenting to and training staff members on risk-related topics, including fulfilling a role as risk consultant to the business where necessary
• Supporting business to further develop the MRoA risk culture
• Collection of relevant information for risk monitoring, including updating of the risk event log, measures etc
• Supporting the team on emerging risk management, business continuity management and information-security management tasks and deliverables
• Reviewing and updating risk management policies and guidelines and assessing the appropriateness thereof
• Assist in organising and conducting workshops for internal stakeholders (as required)
• Participate in team specific tasks and deliverables

Your profile:

• BCom Economics, Risk, Insurance and/or Investment management
• 3-5 years’ work experience in enterprise risk management
• Driven and passionate individual
• Report writing and documentation skills
• The ability to analyse and interpret risk management information
• The ability to make decisions and work towards and meet deadlines
• The ability to assist in co-ordinating projects
• The ability to work under pressure