[ The IFRS17 team reports to the Chief Actuary of Munich and produces reserves and other financial metrics under IFRS17 accounting regimes. Our mission is to produce forward-looking, accurate and relevant financial information that stakeholders with unique interests use to make decisions.

Your Job

You will report to the IFRS17 Reporting Team Lead. Your primary responsibility is to oversee IFRS17 valuation results across all lines of business for Munich Re Life US.

Valuation and Financial Reporting:

• Lead the preparation of quarterly valuation and financial reporting results for IFRS17 across multiple onshore and offshore entities, including data delivery, attribution analysis, preparation of disclosures and communication of results.
• Oversee the preparation of financial projections for strategic and financial planning processes
• Ensure quality and on-time completion of IFRS17 reporting deliverable

Development:

• Evaluate the impact of valuation assumptions and valuation model changes under IFRS17
• Identify and implement enhancements to our IFRS17 data, systems and processes
• Engage with the department to support management needs, inforce management actions, deal review and ad-hoc requests from Central Life Reserving

Results Analysis:

• Provide deep analysis of IFRS17 results, and be able to raise important issues
• Perform analysis of results to evaluate profitability of our business

Reporting & Communication:

• Effective communication of results and knowledge transfer to various stakeholders with varying levels of knowledge of IFRS17
• Build relationships across a broad range of teams across the US organization and beyond
• Independently assist home office and external reviewers (e.g., auditors)

Your Profile

• FSA
• Minimum 5 years of experience
• Bachelor's degree in mathematics, quantitative discipline, actuarial science, or related field
• Life insurance product knowledge including product design, features, and risks
• Valuation or Financial Reporting experience
• Knowledge about IFRS17, SQL and GGY AXIS is preferred

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 Life 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 aim 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.

The base salary range anticipated for this position is $174,351 to $192,704, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

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