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Munich Re · 1 day ago

Senior Actuarial Associate, IL Pricing

New York, United States

Full-time

Onsite

Mid, Senior Level

$137K/yr - $159K/yr

3+ years exp

Munich Re is a leading reinsurance company, and they are seeking a Senior Actuarial Associate to support their Individual Life business function. The role involves pricing new opportunities, managing inforce business, reviewing models and assumptions, and conducting market research.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Manage client initiatives to understand key risks and set appropriate prices

Build models to analyze profitability of potential deals

Summarize results and communicate to Senior Management

Review models built by others

Review existing business to understand drivers of profitability

Maintain model templates and develop tools to improve efficiency

Perform analysis of actuarial assumption updates

Perform research on market trends among clients and competitors

Qualification

ASA designationActuarial experienceLife insurance knowledgeReinsurance knowledgeAXIS softwareMicrosoft ExcelSQLCommunication skills

Required

Bachelor's degree in Finance, Economics, Risk Management, Mathematics, Accounting

3+ years actuarial employment in the life insurance/reinsurance industry

ASA designation with progress towards FSA

Ability to learn how to efficiently use various software packages (AXIS for pricing, Microsoft Excel, SQL)

Ability to communicate output/results effectively

Preferred

Life insurance or reinsurance knowledge preferred

Insurance or reinsurance pricing knowledge preferred

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

Company

Munich Re

Glassdoor4.2

Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.

Founded in 1980

Munich, Bayern, DEU

10001+ employees

https://www.munichre.com

H1B Sponsorship

Munich Re has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (4)

2024 (7)

2023 (3)