Senior Longevity Pricing Actuarial Analyst

Munich Re Group; City Of London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Bonus

25 days leave

Private medical insurance

Employer pension 10%

Family leave

Job summary

Munich Re in London is seeking a Senior Actuarial Analyst (Longevity Pricing) to join the Longevity Pricing team. You will support Pricing Leads, guide junior colleagues, and contribute to data analysis, experience reporting, and pricing assumptions.

You will collaborate with commercial teams, review modelling methodology, and help develop new propositions while embracing inclusive culture and regulatory conduct requirements. The role offers a competitive package and 25 days’ leave.

Qualifications

• Newly or nearly qualified Actuary.
• Knowledge of UK life insurance market or pensions knowledge.
• Experience with pricing processes, experience analysis, assumptions setting and modelling methodology.
• Ability to grasp new concepts quickly.

Responsibilities

• Be an important technical expert within the team across Pricing and Biometric elements, developing technical knowledge relevant to reinsurance pricing for Longevity business.
• Represent the team and communicate results to senior management and other departments.
• Checking work that's produced by the team for quotes and projects, ensuring the accurate use of data and production of experience analysis, setting of appropriate Pricing assumptions and supporting the negotiation of commercial terms.
• Develop an understanding of the financial implications, across all applicable metrics, of decisions made.
• Develop relationships with the commercial Longevity team and construct an important branch wide network of contacts.
• Support the training and development of more junior members of the Pricing team, providing feedback.
• Contribute to the team's ongoing drive to ensure we are the most efficient we can be by proposing and supporting improvements to Pricing tools and process' and embracing new technology.
• Support the development and review of the Longevity basis and assumptions. Where required provide support to the development of new Longevity proposals and support the commercial Longevity team on their activities.

Skills

Analytical skills

Communication of technical concepts

Stakeholder management

Education

Newly or nearly qualified Actuary

Tools

Excel

Word

R

Python

VBA

Power BI

Job description

Munich Re in London is seeking a Senior Actuarial Analyst (Longevity Pricing) to join the Longevity Pricing team. You will support Pricing Leads, guide junior colleagues, and contribute to data analysis, experience reporting, and pricing assumptions.

You will collaborate with commercial teams, review modelling methodology, and help develop new propositions while embracing inclusive culture and regulatory conduct requirements. The role offers a competitive package and 25 days’ leave.