AVP & Actuary, IL Reinsurance & Pricing

Munich Re Group•New York, NY

4d•$261,596 - $289,132

About The Position

We are seeking a strategic and analytical AVP to support the Individual Life Reinsurance team in driving new business pricing initiatives. This role will report to the Head of Individual Life Reinsurance - New Business and work closely with other senior actuaries to ensure the development, implementation, and optimization of pricing strategies for new business. The ideal candidate will have a strong actuarial background, excellent leadership skills, and a passion for innovation in the life reinsurance sector.

Requirements

Bachelor's degree in Finance, Economics, Risk Management, Mathematics, Accounting
10+ years Actuarial employment in the life insurance/reinsurance industry
FSA designation
Excellent communication and presentation skills
Proven track record of collaboration and leadership in organizations
Ability to develop and/or implement business solutions based on extensive product and/or market knowledge

Nice To Haves

Pricing and product development experience preferred
Reinsurance experience preferred
Experience working in fast-paced, high-performance environments

Responsibilities

Strategic Leadership: Collaborate with the Head of IL New Business Pricing and senior leadership to develop, design and execute strategic plans and initiatives
Business Intelligence: Ensure that the business collects, analyzes, and synthesizes data to support informed decision-making, identifies trends and insights to drive business strategies and improve performance
Operational Management: Oversee project management and cross-functional initiatives across MARC departments, facilitating communication and collaboration within and outside of IL Pricing
Performance Monitoring: Track key metrics related to pricing initiatives, providing insights and recommendations for continuous improvement
Talent development: Serve as a role model for more junior actuaries, participate in recruitment, and people development.
Creative Solutioning: Proactively follow market, product, or regulatory trends in life re/insurance, anticipate future client needs, and develop solutions that will differentiate Munich Re US Life in the market