Actuarial Associate, Inforce and M&A

The Actuarial Associate plays a significant role in pricing of Inforce and M&A transactions for Munich Re Life US.

Your Job

Support the evaluation, structuring and pricing of inforce and M&A reinsurance opportunities:

• • Perform diligence on appraisal and other M&A process documents
  • Run deal models to assess various transaction opportunities in the block reinsurance space
  • Build AXIS models that produce various product cash flows (e.g. UL, WL, Term)
  • Run AXIS pricing model projections, analyze and summarize results
  • Bring an entrepreneurial mindset: challenge processes, accelerate timelines, and push for continuous innovation

Your Profile

• Bachelor’s degree in Finance, Economics, Risk Management, Mathematics, Accounting
• 2+ years actuarial employment in the life insurance/reinsurance industry
• Progress towards ASA required
• Asset intensive reinsurance experience preferred
• Pricing and product development experience a plus
• Moody’s Axis experience preferred

Our Benefits

• Comprehensive Medical Plans
• PTO and Family Leave
• Retirement Savings Plans
• Dental and Vision Plans
• Life and Disability insurance
• Employee Assistance Program
• Adoption Assistance
• Wellness Programs - Calm, WW, SoFI, Virgin Pulse
• Commuter Benefits
• FSA and HSA Plans
• Hospital Indemnity, Critical Illness and Accident Plans

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About Munich Re

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.

For New York City based employees, the base salary range anticipated for this position is $109,187 - $145,584, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.