Reserving Actuary Non-life - Munich, Deutschland - Munich Re

Munich Re

Geprüftes Unternehmen

Munich, Deutschland

vor 2 Tagen

Geschrieben von:

Lena Wagner

beBee Recruiter

Beschreibung

Reserving Actuary Non-life (M/F/d)

Company
Munich Re

Location
Munich, Germany

A core task of Central Reserving is to conduct the quantitative and qualitative assessment of non-life business segments as well as to review the portfolios of branches and subsidiaries across the world.

Further reserving tasks comprise a wide variety of topics, as for example actuarial analyses such as multi-year analyses, pricing-reserving comparisons, or detailed portfolio analyses as well as the large loss expectations for the reinsurance portfolio.

Based on these tasks, Reserving plays a central role in the internal and external non-life reporting of Munich Re.

Within the department, you will focus on reserving tasks related to Great Lakes Insurance SE, a primary insurance company of Munich Re.

You will work in an international team with colleagues based in Munich and London.

To complement our team of experts in this area, we are looking for motivated individuals to perform in-depth analyses on the Great Lakes technical provisions and to translate results into a reporting and business context.

This position is full-time (37 hours per week).

YOUR JOB

Evaluating reserves based on actuarial methods in combination with portfolio knowledge and market factors for selected nonlife segments
Communicating with underwriting and pricing, but also with controlling, accounting, risk management and claims staff to obtain necessary information and to share relevant findings with experts around the globe
Leading or participating in reserve reviews performed for/at Munich Re branch offices in Europe and Asia, thereby assuming tasks of the responsible reserving actuary
Performing actuarial analyses (multiyear analyses, pricingreserving comparisons, portfolio analyses) and creating presentations for various stakeholders, such as board committees, business units or auditors
Actively supporting and developing the evaluation of large loss expectations for the worldwide reinsurance portfolio
Contributing to quarterly and annual internal as well as external (IFRS17, SII, HGB) reporting with regards to the nonlife reinsurance business
Supporting automation and complexity reduction as well as the transition towards new ways of collaboration

YOUR PROFILE

University degree in actuarial science or mathematics or related field with a strong quantitative focus
Actuarial education (Aktuar DAV or similar degree of other actuarial society), intended or completed (qualification supported by Munich Re)
Experience in nonlife reinsurance loss estimation (applicable experience can include reserving, pricing, underwriting, risk management or controlling) advantageous
Ability to influence, consider feedback and communicate appropriate decisions to employees at all levels of the organization
Strong verbal and written communication skills, including the ability to explain technical concepts to nontechnical audiences (English required, further languages beneficial)
Motivated, openminded with teamoriented focus and discreet concerning confidential matters

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? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That's why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential
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Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
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Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
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Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition
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Competitive salary: appropriate compensation for your high level of commitment.
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Retirement provision:state of the art in-house pension solutions.
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Work-life balance:promoting the compatibility of family and work in addition to overall work-life balance.
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Health management:focus on your physical and mental health far beyond legal requirements.
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Hybrid working: living the best of both worlds - we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.