Job Description
Your Job
Support the evaluation, structuring and pricing of inforce and M&A reinsurance opportunities:
- Perform diligence on appraisal and other process documents
- Support deal structuring to provide bespoke solutions for capital and risk optimization
- Run deal models to assess various transaction opportunities in the block reinsurance space
- Partner with asset-intensive reinsurance players across the industry to enable and facilitate deals
- Develop pricing assumptions to provide appropriate views into the performance of the subject business
- Build AXIS models that produce various product cash flows (e.g. UL, WL, Term)
- Run AXIS pricing model projections, analyze and summarize results
- Bring an entrepreneurial mindset: challenge processes, accelerate timelines, and push for continuous innovation
- Bachelor's degree in Finance, Economics, Risk Management, Mathematics, Accounting
- 5+ years actuarial employment in the life insurance/reinsurance industry
- FSA designation required
- Asset intensive reinsurance experience preferred
- Pricing and product development experience a plus
- Moody's Axis experience preferred
- 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
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About Munich Re
Together, we engage with everything we have and are, to help humankind act braver and better.
As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.
For New York City based employees, the base salary range anticipated for this position is $178,945 - $197,782, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.
The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.
Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.
Skills
FinanceDeal StructuringTransactionFinancial ControllerIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business. Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics. We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals. Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward.
Important dates & deadlines?
Application Deadline
18 Jul 26, 01:42 PM IST
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