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Senior Valuation Actuary (m/f/d)* for the Central Division Central Life Reserving

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Senior Valuation Actuary (m/f/d)* for the Central Division Central Life Reserving

Münchener Rückversicherungs-Gesellschaft
Heidi Feldmeier
• HR Business Partner
Königinstraße 107
• 80802 München

Senior Valuation Actuary (m/f/d)*
for the Central Division Central Life Reserving

Munich Re’s Central Life Reserving Global Oversight team is responsible for the
reserves held in the Life and Health Reinsurance portfolio. We empower
reserving actuaries across the globe to provide actionable analytics on business
and reserve developments relevant for decision-making. We expand and
improve our capabilities for analysing and understanding risks. We drive the
development and implementation of an integrated actuarial analysis and
reporting platform, and we constantly safeguard the availability of high-quality
data for the reserving processes.
Over the next few years, a key task for the department will be to start the
valuation and reporting according to IFRS 17 and IFRS 9 accounting standards.
This will involve acting as a multiplier to help developing the necessary
knowledge and skills within CLR.  
Are you passionate about exploring new and complex topics? Do you like to
present complex matters in a simple way? Are you keen on helping others learn
and grow in their roles? If this sounds like you, we invite you to apply to join our
diverse and dynamic team!

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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? Make it happen and be part of Munich Re.


Apply now!

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

Coordinating and advising a team of actuaries focused on working with the local valuation teams in the
international organisation

Acting as key liaison for CLR management and for several local valuation teams in the international
organisation. This includes

Overseeing quality assurance and analysis of their valuation results in all relevant bases, and related
management reporting

Discussing and quality assuring necessary model and assumption changes

Analysing structured business opportunities (FinRe) with a focus on valuation and risk transfer

Effectively managing and prioritising resources and effort invested across business units

Refining and developing the role and tools of Global Oversight regarding quality assurance, analytics and
reporting for the LH Re business units, with a particular focus on the upcoming introduction of IFRS 17/IFRS

Leading and performing on site valuation reviews in the international LH Re organisation

Developing and maintaining the relationships with various interfaces throughout Munich Re: primarily, the
international local valuation teams, and also IRM, the group actuarial function, FRR, RIC, RIA, CU and

Bachelor’s or master’s degree with a quantitative or technical background (e.g. in mathematics, physics,
statistics, actuarial science, computer science)

Professional actuarial experience in life or health (re)insurance

Highly dedicated, motivated and results-driven

Working collaboratively and effectively in a dynamic international group – being good at managing
interfaces and building networks

Strong conceptual, analytical and communication skills with emphasis on practical application

Sound knowledge of IFRS 17 for life reinsurance business desirable

Being able to be precise where needed and pragmatic wherever reasonable

Very good command of spoken and written English

You will work in an environment where we think big: Change and culture are continuously role-modeled. We
create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way
towards success and see failure as learning

You are going to experience that we care & dare: We are empathetic. We know when to lead and know when
to let others lead. We attract, grow and coach future leaders

We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit
feedback, ask and listen, learn and unlearn

You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to
create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions

Join us, and experience that we lead the We: We have a passion for winning and growing as a team. We
inspire people to be capable of joint performance. We create an inclusive environment where different
thoughts, generations, cultures and experiences are valued and encouraged

Senior Valuation Actuary (m/f/d)* for the Central Division Central Life Reserving

Munich, Germany
Full time
2 - 3 years of experience
Master / Diploma

Published on 25/01/2022

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