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Munich Re · 16 hours ago

Lead Actuary, MunichRe Markets

New York, United States

Full-time

Onsite

Lead/Staff

$262K/yr - $289K/yr

10+ years exp

Munich Re is the world’s leading reinsurance company, and they are seeking a highly motivated and creative actuary to join their New York-based structuring team. The role involves financial analysis of reinsurance transactions, developing solutions for savings and investment products, and collaborating with clients to optimize their product offerings.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

In order to support our clients’ product development efforts, it is essential that we build deep insights into our clients’ needs and objectives (i.e. product profitability, reserve and capital optimization, product innovation) and have the capability to demonstrate the benefits of our solutions on a pre- and post-reinsurance basis

We are seeking a seasoned actuary who has a genuine interest in product design and financial modelling, and who has the skillset and experience to optimize reinsurance solutions to accompany these products

The candidate will be responsible for developing a broad range of actuarial models for the analysis, optimization and tailoring of reinsurance solutions to our clients’ specific needs

You will be a subject-matter expert in the team with respect to the practical application of actuarial standards, valuation and regulatory topics and emerging trends

You will be working within a small, transaction-focused team on a variety of transaction types, which will challenge the candidate to think ‘outside of the box’ to achieve viable practical solutions

Direct involvement with ceding companies in discussions around structuring, pricing, modelling and regulatory topics

Collaboration with internal teams to assess product feasibility from a legal, accounting and regulatory perspective

Responsible for the preparation of internal approval memorandums, client proposals, and board-level presentations

Qualification

Actuarial ScienceFinancial ModellingAnnuity Reserving StandardsGGY-AXISInsurance Accounting StandardsActuarial SoftwarePythonSQLGithubCommunication SkillsTeam Player

Required

10+ years professional experience at a primary insurance or reinsurance company

Advanced degree in Actuarial Science, Mathematics, Finance, Statistics, Engineering or related field

Fellow of the Society of Actuaries (FSA) or equivalent

Strong understanding of annuity reserving standards (e.g. VM-22, VM-21) with experience working with relevant financial models using industry tools such as GGY-AXIS

Practical experience in a pricing actuary role in the annuity space, with insights into key pricing considerations, assumptions and industry best practice

Familiarity with insurance accounting standards (US Statutory, US GAAP) and capital regimes (NAIC RBC, Solvency II)

Proficiency in actuarial software (GGY AXIS (preferred), Prophet, MG ALFA) and Excel, Powerpoint

Familiarity with financial mathematics, derivative analytics/risk/hedging

Excellent written and verbal communication; experience presenting to senior executives and clients

Someone who embraces a client-focused, transactional approach; balancing academic rigor and creativity with a pragmatic mindset

A team player who thrives in a fast-paced environment

Preferred

Familiarity with Python, SQL, Github beneficial but not required

Experience with (re)insurance products is beneficial but not required

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)