Global Longevity Pricing Actuary

Munich Re

Greater London

On-site

GBP 90,000 - 140,000

Full time

6 days ago

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Benefits offered by this job

25 days annual leave

Private medical insurance

Employer's pension 10%

Fully paid 6 months family leave

Job summary

Munich Re UK Life Branch in London is seeking a Longevity Actuary to help price longevity risk and support pricing processes, data analysis and basis development. You will collaborate with the Longevity team to secure profitable new business and drive efficiency across actuarial tasks.

The role offers a dynamic, collaborative environment with opportunities to contribute to international bases and develop modelling capabilities in Excel, VBA and R within a global centre of competence.

Qualifications

Relevant experience of the bulk annuity market and longevity swap pricing.
Strong analytical and modelling skills with the ability to work independently and apply judgement.
Technically strong, with the ability to develop models in Excel, VBA, R, or other programming languages.
Able to grasp new concepts and technical issues quickly, and communicate them effectively to others.
A team player who will step up and take responsivity when required.
Good people development and training skills.
Willing to challenge the status quo.

Responsibilities

Support UK and non-UK tenders and pricing efforts.
Develop an in-depth understanding of pricing approach and models to support the team.
Assess new data and modelling approaches to keep processes competitive and efficient.
Support longevity basis development for UK and non-UK markets.
Support UK proposition development.
Oversee regular in-force actuarial tasks with the Head of In-Force.
Share knowledge and provide guidance to longevity team members.
Contribute to the Global Centre Of Competence through collaboration.