Senior Actuary- GenAI (m/w/d)

BAUMLINK; München; On-site; EUR 70,000 - 90,000; Full time

Job summary

A major international insurance group in Munich is seeking a Senior P&C Actuary specializing in reserving. This role involves conducting actuarial reserve reviews globally, enhancing governance standards, and using advanced data analytics tools. Candidates should have at least 5 years of experience in Property & Casualty insurance and be fully or partially qualified actuaries. This full-time position offers the opportunity to engage in strategic discussions at the group level and develop robust actuarial processes.

Qualifications

• At least 5 years of actuarial experience in Property & Casualty insurance.
• Fully or partially qualified actuary with a strong professional track record.
• Excellent analytical skills and solid technical foundation in P&C insurance.

Responsibilities

• Conduct actuarial reserve reviews for business units worldwide.
• Perform deep-dive analyses into actuarial and portfolio data.
• Streamline, modernise, and automate reserving and reporting processes.

Skills

Analytical skills

Data analytics

Communication

Programming (Power BI, Python)

Education

University degree in Actuarial Science, Mathematics, Statistics or related field

Tools

Power BI

Python

Job description

Senior P&C Actuary- Reserving (m/w/d)

You will become part of a central actuarial function within a major international insurance group. The team is responsible for overseeing actuarial governance, ensuring adequate reserving across the organisation, and supporting the actuarial components of group‑wide performance management.

This role offers the opportunity to lead or contribute to strategic discussions at group level. You will work closely with senior leadership and local business units to ensure robust actuarial processes, high‑quality reserving, and strong technical standards.

How can you make an impact?

• Conduct actuarial reserve reviews for business units worldwide and present insights to senior management to support informed decision‑making
• Perform deep‑dive analyses into actuarial and portfolio data, identifying trends and generating actionable insights
• Streamline, modernise, and automate reserving and reporting processes using contemporary analytical and software tools
• Strengthen actuarial capabilities across the organisation, particularly in the adoption of new technologies
• Collaborate with stakeholders across headquarters and local entities to provide strategic and financial recommendations that influence key business outcomes
• Enhance governance standards within the actuarial function and promote best practice across all operating units

What do you bring?Minimum Qualifications

• At least 5 years of actuarial experience in Property & Casualty insurance, ideally with a focus on reserving
• Fully or partially qualified actuary with a strong professional track record and membership in a recognised actuarial association
• Excellent analytical skills and a solid technical foundation in P&C insurance
• Demonstrated ability to communicate effectively with senior management
• Advanced skills in data analytics and programming (e.g., Power BI, Python)

Preferred Qualifications

• University degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline
• Experience in business‑adjacent functions such as Claims or Underwriting
• Familiarity with applying Generative AI and understanding of ethical AI principles

Seniority level

• Mid‑Senior level

Employment type

• Full‑time

Job function

• Finance

Industries

• Insurance