Structurer/Actuary (m/f/d)*

Your Job

• Expand and improve our tool library (mostly in R, some in Excel / VBA) as well as the interactions with our Database (SQL Server)
• Analysing risk and profitability of life insurance and reinsurance products and in-force portfolios
• Specify data requirements needed for experience studies and assumption setting
• Perform experience analyses for incoming client transactions (i.e. prepare and clean the data, build data cubes, carry out data checks for validity and consistency, carry out Exploratory Data Analysis such as 1- and 2-way predictor analysis, correlation, and collinearity, Determine clustering and binning of variables, clear documentation, etc.)
• Research and understand the product / market / tax & regulatory environment as well as industry practice and relevant market experiences
• Preparation of client engagement material (presentations, memos, reports) under the direction and guidance of experienced team members
• Assisting in developing appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects
• Development of own professional understanding of client problem set and Munich Re solution set through interaction with team
• Possibility to become involved in cash-flow modelling (in particular, modelling the actuarial assumptions in the AON PathWise cash-flow modelling suite)

Your Profile

• High quality degree in mathematics, insurance / financial mathematics, statistics, computer science or business graduates with mathematical orientation
• Proficient use of MS Word, Excel, Access
• Proficient use of a statistical modeling software package or programming language (e.g. Matlab, R, Python etc.)
• Financial Mathematics and / or Data Science and / or Actuarial training
• Strong presentation skills
• Proactive, analytical and innovative in solving problems and flexibility in relation to a continuously and rapidly changing environment
• Ability to work within a team distributed over various locations
• Fluent English speaker (other languages also advantageous)
• Intrinsic motivation, high personal integrity, joy in meeting challenges

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees.

If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have.

We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance.

By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

• Diversity, Equity & Inclusion : we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning : we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility : we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

• Competitive salary : appropriate compensation for your high level of commitment.
• Retirement provision : state of the art in-house pension solutions.
• Work-life balance : promoting the compatibility of family and work in addition to overall work-life balance.
• Health management : focus on your physical and mental health far beyond legal requirements.
• Hybrid working : living the best of both worlds we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.
Vor 30+ Tagen