Actuarial Associate

Description:

Join the Global Actuarial Consulting Group (GACG) and be a driving force in actuarial excellence for Munich Re’s global reinsurance business. As a member of GACG, you will play a key role in delivering high-impact actuarial solutions to internal clients across the globe. This is an opportunity to work on a wide range of strategic and technical projects such as model development, pricing analysis, experience studies, valuation and financial reporting in key markets including Canada, the U.S., the U.K., and Germany. You will collaborate with cross-functional teams and stakeholders across Munich Re to deliver solutions on high-visibility assignments.

You are a results-driven professional with a strong work ethic and a passion for solving complex problems. You thrive in a high-performing, client-focused environment and are eager to make a meaningful impact. If you’re driven by curiosity and energized by solving complex, undefined problems, this role offers the perfect platform.

Your Role:

GACG consultants have the opportunity to work on a diverse set of projects for a wide range of global clients, including but not limited to:
 

• Designing actuarial models for unique, region-specific reinsurance structures.
• Building pricing models for new quotes for region-specific business.
• Performing experience studies and developing actuarial assumptions.
• Analyzing and visualizing data to present insights to key stakeholders.
• Performing valuation and reporting under various bases.
• Developing surveys and analyzing results to be used in industry publications.
• Supporting risk analysis and the regular sensitivity testing of financial results.
• Supporting global teams with various ad-hoc requests and secondments.
  
   

Sample internal clients of GACG include Individual and Group Pricing, Corporate Actuarial, Financial Reinsurance, Biometric Research and Enterprise Risk Management.

Your Profile:
 

• University Degree in Actuarial Science, Finance, Statistics, or Mathematics.
• ASA or progression towards FSA.
• 3+ years actuarial experience in Life and Health insurance/reinsurance industry.
• Demonstrated ability to adapt in a dynamic environment and successfully deliver on multiple assignments under tight timelines.
• Strong problem solving and organization skills.
• Superior attention to detail and accuracy.
• Excellent communication skills
• Experience with AXIS, SQL, and/or Python is an asset.
• Ability to travel internationally is an asset.