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About the Role
This role partners closely with internal stakeholders and clients to deliver innovative, data-driven reinsurance solutions to grow our business, supporting the Individual Life Reinsurance team in driving new business pricing initiatives.
Responsibilities
- Manage existing and build new relationships with clients.
- Drive innovative, client-focused reinsurance solutions by anticipating market trends and client needs.
- Support commercial engagements by translating client challenges into actionable actuarial and pricing strategies.
- Collaborate with senior leaders to execute strategic pricing and growth initiatives.
- Work with pricing teams in both strategic and technical capacities to set rates.
- Apply product and pricing expertise to structure competitive and profitable reinsurance deals.
- Leverage data and analytics to generate insights and improve decision-making.
- Lead or contribute to cross-functional initiatives to enhance delivery efficiency and coordination.
- Mentor and lead a team of junior actuaries and contribute to team development.
- Develop thought leadership for Munich Re and participate in industry events.
Requirements
- FSA designation with strong actuarial foundation.
- 8+ years of experience in life insurance or reinsurance.
- Demonstrated experience in pricing and product development preferred.
- Well-developed understanding of actuarial assumptions.
- Strong business acumen with ability to translate market needs into solutions.
- Excellent communication and stakeholder engagement skills.
- Experience with client engagement preferred.
- Experience working in fast-paced, collaborative, high-performance environments.
Experience Level
- 8+ years of experience
Education Level
- FSA designation
Salary/Compensations
- $262,000 to $289,000
Benefits
- Two options for your health insurance plan (PPO or High Deductible).
- Prescription drug coverage (included in your health insurance plan).
- Vision and dental insurance plans.
- Basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
- Short and Long-Term Disability coverage.
- Supplemental Life and AD&D plans that you can purchase for yourself and dependents.
- Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).
- A robust 401k plan with up to a 6% employer match.
- Paid time off that begins with 24 days each year.
- Eligibility to receive a yearly bonus.
- A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement.
- Paid time off for eligible family care needs.
- Tuition assistance and educational achievement bonuses.
- A corporate matching gifts program that further enhances your charitable donation.
- Paid time off to volunteer in your community.
About the Company
- 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.
Equal Opportunity
- We are an equal opportunity employer.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.