Senior Regional Actuary, Structured Solutions
5 days ago
We are looking for a Senior Regional Actuary to take on a pivotal role in the in-force management of financial reinsurance within Asia Pacific, Middle East, and Africa regions, in our Structured Solutions team.
Reporting to the Technical Director of the LH2 Regional Structured Solutions team, this position offers an exciting opportunity to advance your actuarial career by mastering the complexities of financial reinsurance. While collaborating with diverse stakeholders, you will apply your technical expertise in data management, monitoring, and valuation to ensure seamless in-force management operations of our financial reinsurance.
Your Role:
Data management
- Collaborate with Structured Solutions local teams to ensure accurate and timely receipt of client data for in-force management of LH2 financial reinsuranc
Monitoring
- Prepare regular monitoring reports with actionable insights to support informed decision-making by management
- Lead regular monitoring and performance analysis of LH2 financial reinsurance, identifying trends and opportunities for optimization
Valuation and Reporting
- Collaborate with valuation teams, accounting teams, Structured Solutions local teams and central units to deliver quarterly and annual reporting under Solvency II, IFRS, and local statutory reporting frameworks for LH2 financial reinsurance
- Act as a key liaison between teams, ensuring seamless coordination and fulfilment of ongoing valuation and reporting requirements for LH2 financial reinsurance
Infrastructure Management
- Design, maintain, and enhance the monitoring and reporting infrastructures, while coordinating with stakeholders to ensure infrastructures meet evolving business need
- Ensure guidelines, standards, frameworks, tools, and templates for in force management of LH2 financial reinsurance are up-to-date and well-documented
Deal Support
- Provide analytical and technical support for the structuring, pricing, risk analysis, approval and execution of new or modified financial reinsurance
Your Profile:
- Fellow of a recognised actuarial body (FSA, FIA, FIAA, or equivalent)
- At least 7 years of actuarial experience in direct insurance, reinsurance, or consulting
- Strong verbal & written communication skills
- Advanced technical and analytical skills with strong attention to detail
- Proficiency in data processing and database structuring tools such as Power BI, MS excel (can perform complex functions) and SQL
- Solid understanding of Solvency II, IFRS, US GAAP and RBC frameworks
- A collaborative and results-oriented team player with the ability to take initiative and lead when necessary
Our Benefits:
- Flexible and Hybrid working arrangements
- Generous annual leave allowance
- Attractive dental, life and health insurance coverage
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.
Tell employers what skills you haveIFRS
Actuarial
Strong Attention To Detail
Analytical Skills
Valuation
Reinsurance
Data Management
Mastering
Health Insurance
US GAAP
Pricing
Power BI
Africa
Solvency II
Technical Support
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