Reserving Actuarial Analyst: Model & Report Reserving

Munich Re; Greater London; On-site; GBP 42,000 - 60,000; Full time

Job summary

Munich Re specializes in Global Markets and is seeking an Actuarial Analyst, Reserving to support the syndicate’s reserving function. The role focuses on accurate reserve analyses, model maintenance, and collaboration with stakeholders to ensure robust reserving processes.

Ideal candidates have mathematics/actuarial background and 2+ years in reserving, with strong numerical skills and a commitment to ongoing learning in reserving and reporting topics.

Qualifications

• 2+ years of reserving experience required.
• Strong mathematical and statistical skills essential.
• Desire to deepen knowledge in Reserving and Reporting topics.

Responsibilities

• Support Best Estimate and Syndicate reserving processes by producing, reconciling, and analysing results on gross and reinsurance bases.
• Prepare and present reserving results for quarterly meetings and the Reserving Sub Committee.
• Run and review allocation of reserving outputs for internal and regulatory reporting requirements.
• Assist with stakeholder queries across the business.
• Monitor claims experience through actual vs. expected analyses and document findings.

Skills

Mathematics / Actuarial

Statistical knowledge

Actuarial reserving

Willingness to learn

Education

Degree in Mathematics/Actuarial Science

Job description

Munich Re specializes in Global Markets and is seeking an Actuarial Analyst, Reserving to support the syndicate’s reserving function. The role focuses on accurate reserve analyses, model maintenance, and collaboration with stakeholders to ensure robust reserving processes.

Ideal candidates have mathematics/actuarial background and 2+ years in reserving, with strong numerical skills and a commitment to ongoing learning in reserving and reporting topics.