[ The AVP & Actuary, Individual Life Pricing is responsible for developing our view of the individual life mortality risk in reinsurance opportunities.

Reporting into the 2nd VP & Actuary, Individual Life Pricing, you will have re/insurance knowledge, knowledge of life insurance products, the ability to build and review financial models, and mentor junior staff.

You are a self-starter with the ability to solve complex problems within tight timeframes and can collaborate with various stakeholders to develop a win-win solution for Munich Re and its clients.

Your Job

Drive the evaluation of IL reinsurance opportunities, including new business and inforce reinsurance opportunities, support monitoring of existing business and improvement of pricing processes, participate in activities that further Munich Re's position as a lead reinsurer and expert in mortality risk selection. The main responsibilities include:

• Develop assumptions, build models, review financial projections, and document work outputs
• Understand and implement pricing standards, work with stakeholders across other teams,
• Develop new tools or ways to solve new or familiar problems

• Monitor performance of deals
• Develop, guide and mentor junior staff
• Participate in industry task force and/or internal cross-functional studies

• Stay ahead of industry developments
• Contribute to Munich Re's culture of collaboration and continuous improvement

Your Profile

• Bachelor's Degree in Finance, Economics, Risk Management, Mathematics, Accounting
• 8-10+ years of experience in the life insurance/reinsurance industry
• FSA Designation
• Life insurance pricing and product development experience
• Proven independent problem solving ability
• Excellent communication and presentation skills
• Track record of execution and ability to meet timeframes
• Self-driven and works well in cross-functional team settings
• Proficient in managing multiple projects/requests simultaneously
• Adept at conceptualizing and implementing actuarial solutions for business needs
• Interested in continuous improvement, learning new skills and can successfully transfer existing skills to others in the group
• Knowledgeable in current and possible future policies, practices, trends, technology and information affecting the business and organization

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.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest. ]