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About the Role

The Global Longevity Development Actuary (Strategy Lead) supports Munich Re's international longevity expansion ambitions by identifying, assessing, and developing longevity opportunities across global markets. This role involves market analysis, stakeholder coordination, business development support, and strategic project management, contributing to Munich Re's global longevity strategy.

Responsibilities

Support the development and delivery of Munich Re's international longevity market development strategy.
Coordinate and deliver the wider GLD mandate across market development, basis development, and opportunity progression activities.
Maintain and refresh assessments of emerging longevity markets and opportunities.
Coordinate the international longevity opportunity pipeline and support opportunity identification, prioritization, and progression.
Support the development of market-entry assessments, business cases, and recommendations for priority markets.
Coordinate engagement with local Munich Re offices and central functions regarding longevity opportunities and market developments.
Support the preparation of presentations, updates, and recommendations for senior management and governance forums.
Assist with client, broker, and consultant engagement activity in emerging longevity markets.
Maintain and communicate insights on competitor activity, emerging opportunities, and market developments relevant to Munich Re's international longevity expansion strategy.
Coordinate market-development projects and strategic initiatives within the GLD team.
Effectively manage, develop, and support actuaries within the longevity team.
Nurture team culture, support personal development, and drive results.
Promote collaboration and knowledge sharing across the Longevity function and wider Munich Re Group.

Requirements

Experience within longevity, pensions de-risking, life insurance, or reinsurance markets.
Strong commercial awareness and interest in market development.
Strong analytical and problem-solving skills.
Ability to assess and communicate complex information clearly.
Strong stakeholder-management and relationship-building skills.
Excellent written and oral communication skills.
Experience preparing presentations, reports, or business cases.
Ability to coordinate multiple priorities and projects simultaneously.
Curious and proactive mindset with an interest in identifying new opportunities.
Willingness to challenge existing approaches and contribute new ideas.
Understanding of international longevity markets.
Longevity, annuity, or reinsurance experience.
Experience supporting business development or strategic initiatives.
Experience working across multiple geographies and cultures.
Familiarity with longevity risk-transfer products.
Existing network within longevity-related markets.
Qualified actuary.
Directly relevant actuarial experience of the bulk annuity/longevity swap market, preferably including non-UK markets.
Seen as an expert in your field and the 'go to' person for your area of specialism.
Seen as a role model/mentor to others, identifying opportunities to share knowledge.
Demonstrate and role model inclusive behavior and encourage colleagues to play an active role in creating an inclusive culture.
Treat colleagues and sales and business partners fairly and with respect.
Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules.

Skills

Market analysis
Stakeholder coordination
Business development support
Strategic project management
People management
Analytical skills
Problem-solving skills
Communication skills
Presentation skills
Report writing
Business case development
Project coordination
Market assessment
Opportunity development
Competitor analysis
Market research
Team management
Knowledge sharing

Location

Munich

Work Type

Full-time

Experience Level

Senior

Education Level

Qualified actuary

Salary/Compensations

On target bonus

Benefits

Great compensation package
25 days annual leave with the option to purchase more
Private medical insurance
Employer's contributory pension of 10%
Fully paid 6 months family leave

About the Company

Together, we engage with everything we have and are, to help humankind act braver and better.
With the office in Munich, it forms the Life 1 division of Munich Re.
The UK life market is one of the, if not the, most competitive life markets in the world.
Life insurers work in a dynamic market where medical progress, demographic trends and changing lifestyles are constantly giving rise to new risk landscapes.
This demanding situation is made even more challenging by changing laws and regulations and ever tougher competition.
At UK & Ireland Life we have three pillars to our business strategy, protection, longevity and reinsurance structuring.
We trust our clients as experts of their business and provide them with the financial strength of the world’s largest reinsurer, global expertise and sharp pricing so that they are both competitive and profitable.
You will work in an environment where we think big: Change and culture are continuously role-modelled.
We create and articulate a compelling and ambitious shared purpose, vision and direction.
We pave the way towards success and see failure as learning.
We care & dare: We are empathetic. We know when to lead and know when to let others lead.
We attract, grow and coach future leaders.
We communicate in a clear & authentic way: We interact with a positive and humble spirit.
We solicit feedback, ask and listen, learn and unlearn.
We grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients.
We embrace new ways of working using digitalisation to deliver solutions.
We lead the We: We have a passion for winning and growing as a team.
We inspire people to be capable of joint performance.
We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.
At Munich Re, embracing the power of differences is at the core of who we are.
We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better.
We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

Equal Opportunity

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.