Position Overview

Looking for a unique actuarial opportunity? We're looking for a visionary actuary to help revolutionize our approach to assessing underwriting-related mortality risk. As a member of our Underwriting Risk Assessment and Research (URAR) team, you'll be responsible for overseeing the mortality slippage monitoring process within our reinsured accelerated underwriting (AUW) business. This non-traditional actuarial role will also be involved in special projects involving mortality impacts of underwriting changes and expected to be a key contributor to underwriting research and thought leadership initiatives to help shape the future of underwriting.

Your Role:

• Lead the charge on AUW US client monitoring analyses, guiding a junior team member and presenting findings to internal stakeholders.
• Collaborate with cross-functional teams, including Underwriting, Pricing, and Integrated Analytics, to support the effective monitoring client and assumption setting in AUW programs.
• Maintain and enhance the AUW mortality monitoring database, aggregating industry-wide insights to fuel data-driven decision-making.
• Support research of key trends in US underwriting programs through survey analysis, validation of new underwriting tools and data sources, and retro studies.
• Craft compelling marketing materials, such as industry presentations, white papers, and survey reports, that showcase Munich Re's thought leadership in innovative underwriting topics.

Your Profile:

• Bachelor's Degree in Actuarial Science or Mathematics, with an ASA designation and a passion for progressing towards FSA.
• 5+ years of actuarial experience in the life insurance industry, with a proven track record of driving innovation and excellence.
• Advanced proficiency in Microsoft Office, with skills in VBA, PowerPoint, Access, SQL, and Power BI.
• A master juggler of multiple projects, with a high degree of independence, prioritization, and organizational skills.
• A gifted analyst and communicator, with excellent written and verbal skills, and a talent for mentoring junior staff and reviewing their work.
• A team player who thrives in cross-functional collaborations, driving results and celebrating successes with colleagues from diverse backgrounds and disciplines.

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.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

For New York City based employees, the base salary range anticipated for this position is $178,945 - $197,782, 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.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• 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

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

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.