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Munich Re Markets: Senior Valuation & Reporting Actuary (m/f/d)*

Location Munich, Germany Date posted 09/29/2025 Job type Full-Time Work mode Hybrid Job level Professional Job ID 8937 Company Munich Re Employment type Regular Area of expertise Actuarial & Risk Management
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Munich Re Markets structures and administers bespoke reinsurance solutions for Munich Re’s life insurance clients with a focus on clients’ products in the savings, retirement and investment space. These transactions typically involve combinations of financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurers corporate finance management and planning.

Business written thus far as well as the existing pipeline offer a very interesting and insightful mixture of insurance contracts, the majority of which is measured as financial instruments (IFRS 9), and minor parts as insurance contracts (IFRS 17). The section is responsible for a broad range of tasks around monitoring and reporting of this business, with divisional interfaces to divisions of Risk Management, Reserving or Controlling, as well as to risk carriers in various countries.

While formally reporting duties are recurring, each reporting’s content is always different due to a variety of reasons and effects. Further to these duties, we shape our future by ultimately striving for the highest possible automation of our processes. A high degree of automation is required to further scale up our business and, in the end, to enable the division to succeed with its ambition.

We are looking for an experienced actuary to strengthen our team. Are you a self-motivated number cruncher with a passion for coding? Are you interested in working in a multinational and interdisciplinary team? Then a multitude of challenging tasks awaits you!

Your Job

Some tasks within the team currently undergo some re-allocation, which also allows to discuss your preferences. Tell us what you are interested in, and convince us where you could add the most value for the division! In this sense, possible tasks include, but are not limited to:

  • Reporting of the division’s life reinsurance business according to the following standards:
    • Solvency II
    • IFRS 17 and IFRS 9
    • Special local GAAP topics (Chinese GAAP / C-ROSS, HGB, Swiss Obligationenrecht) where applicable
  • Comprehensive reporting for our special purpose primary insurance carrier (located within the EU), from IFRS to the full Solvency II balance sheet
  • Interface to the neighboured Modelling team for non-headged business
  • Interface to Controlling, from Annual Planning via Quarterly Steering Reports to Value-based Management

Regardless of the above, a major part of everyone’s tasks is to drive further automation by detecting and closing gaps by coding in R and/or SQL. A general contribution to other tasks of the team, one-off or recurring, such as the overarching quality assurance and processes around internal and external audit, is also a task of all team members.

Senior position holders’ tasks also have a major share in advising and developing colleagues.

Your Profile

  • University degree in (actuarial/finance) mathematics, physics or informatics; a relevant further qualification is desired (e.g., Actuary with focus on accounting, life insurance or ERM)
  • Broad and deep multi-year professional experience in above areas, and in particular advanced understanding of IFRS/Solvency II, qualifying for a senior position
  • Solid understanding of and experience in Life Reinsurance, while knowledge of or experience with Munich Re Markets’ hedged business is an asset
  • Strong desire for highest possible automation, as well as very advanced skills in R & SQL to realize the automation
  • Experience in project work and, ideally, project management
  • Excellent analytical and conceptual skills, with a good sense for pragmatism vs. exactness
  • Proven track record in directing and developing colleagues
  • Fluent business English; German would be considered an advantage

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.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

Münchener Rückversicherungs-Gesellschaft
Lisa Schneider

HR Consultant

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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