The Munich Re LH2 Regional Structured Solutions team is a dynamic and high-performing team renowned for designing and delivering bespoke non-traditional reinsurance solutions (financial reinsurance) tailored to the unique needs of clients across the Asia Pacific, Middle East, and Africa regions.
We are looking for an Actuarial Analyst to take on a pivotal role in the in-force management of financial reinsurance within these regions.
This position offers an exciting opportunity to advance your actuarial career by mastering the complexities of financial reinsurance.
While collaborating with diverse stakeholders, you will apply your technical expertise in data management, monitoring, and valuation to ensure seamless in-force management operations of LH2 financial reinsurance.
Beyond technical excellence, this role allows you to develop a well-rounded skillset by enhancing your communication, stakeholder management, and project leadership abilities.
Join us in a fast-paced, results-oriented environment where you can make a meaningful impact and thrive as part of a global leader in financial reinsurance.
Your Role
Data management
Collaborate with Structured Solutions local teams to ensure accurate and timely receipt of client data for in-force management of LH2 financial reinsuranceConduct timely checks and analysis to ensure data integrity and reasonableness
Monitoring
Support the monitoring and performance analysis of LH2 financial reinsurance, identifying trends and opportunities for optimizationPrepare regular monitoring reports with actionable insights to support informed decision-making by management
Valuation and Reporting
Collaborate with valuation teams, accounting teams, Structured Solutions local teams and central units to deliver inputs for quarterly and annual reporting under Solvency II, IFRS, and local statutory reporting frameworks for LH2 financial reinsuranceIdentify keys areas of improvement, streamline and automate processes for valuation and reporting processes
Infrastructure Management
Support the design, maintenance, and enhancement (including automation) of the monitoring and reporting infrastructuresSupport in ensuring that guidelines, standards, frameworks, tools, and templates for in force management of LH2 financial reinsurance are up-to-date and well-documented
Deal Support
Provide analytical and technical support for the structuring, pricing, risk analysis, approval and execution of new or modified financial reinsurance
Your Profile
Between 1 to 3 years of actuarial experience in direct insurance, reinsurance, or consultingFellow or good progress towards qualification with a recognised actuarial body (FSA, FIA, FIAA, or equivalent)Strong technical and analytical skills, logical and concise in approach and demonstrate attention to detailHighly motivated self-starter with a strong sense of team ethicsProficiency in data processing and database structuring tools such as Power BI, MS excel (can perform complex functions), and SQLKnowledge of Python is an advantage
Our Benefits
Flexible and hybrid working arrangementGenerous annual leave allowanceComprehensive dental, life and health insurance coverage
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought.
This interaction is our foundation.
Of our open culture and spirit of partnership.
Of how our teams are built and cultivated.
Of how we are supported and developed.
And at the center of this interaction is each of us
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