Manager & Actuary, Individual Life Pricing

Munich Re Group • Atlanta, GA

102d • $178,945 - $197,782

About The Position

This Manager & Actuary plays a significant role in evaluating and pricing Individual Life (IL) reinsurance opportunities. Specifically, this position assists the lead pricing actuaries by setting and peer reviewing assumptions used to price the various opportunities. This position requires substantial technical expertise and developing knowledge of individual life insurance.

Requirements

• Bachelor's degree in Finance, Economics, Risk Management, Mathematics, Accounting.
• 5+ years actuarial employment in the life insurance/reinsurance industry.
• FSA designation required.
• Pricing and product development experience required.
• Experience working with a modeling software and interpreting results.

Nice To Haves

• Moody's Axis experience preferred.

Responsibilities

• Support the evaluation of IL reinsurance opportunities, i.e., opportunities intended to generate new business and opportunities to improve existing business.
• Review information provided by clients.
• Build pricing models based upon assumptions provided by the lead pricing actuaries or by setting those assumptions.
• Run pricing model projections, analyze and summarize results.
• Documentation and organization of pricing models and files.
• Perform Peer Reviews.
• Model process improvements thru the continual refinement of workbooks and templates used in the support of new business modeling.
• Support the on-going training of analysts by leading the Best Practice meetings.
• Lead the modeling and analysis in more technical and complicated projects, ex. Principal Based Reserves and Large Claims Analysis.
• Handle other ad hoc requests.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree