2nd VP, Structured Reinsurance

Munich Re; New York (NY); On-site; USD 291,000 - 337,000; Full time

Benefits offered by this job

Comprehensive Medical Plans

PTO and Family Leave

Retirement Savings Plans

Dental and Vision Plans

Life and Disability insurance

Employee Assistance Program

Wellness Programs

Commuter Benefits

FSA and HSA Plans

Hospital Indemnity, Critical Illness &

Job summary

Munich Re Life US seeks an experienced professional to join the Alternative Solutions Group, a newly established team within the company, to originate and execute sophisticated reinsurance transactions for U.S. Life & Health clients.

You will lead deal structuring, pricing, and negotiation, while collaborating with local and global leadership to secure approvals and manage the P&L of portfolios for sustainable growth and profitability.

Qualifications

• 10+ years of experience in life M&A, sidecar, block reinsurance, or corporate development.
• Experience in life insurance ALM or investment management preferred.
• Experience in direct and/or reinsurance pricing preferred.
• Willingness and ability to travel as business dictates

Responsibilities

• Lead the end-to-end reinsurance transaction process, including due diligence, valuation, financial modeling, negotiation, and integration planning.
• Coordinate cross-functional teams (legal, actuarial, finance, operations) to ensure seamless execution and post-deal integration.
• Build and maintain strong relationships with clients, consultants, and external advisors throughout the deal lifecycle.
• Prepare transaction approval materials and communicate effectively with key internal and external stakeholders.
• Collaborate with legal team in drafting and reviewing regulatory submissions and responses.
• Collaborate with asset managers to develop, maintain, and enhance the Asset-Liability Management (ALM) framework.
• Create and optimize capital structures, leveraging knowledge of economic capital and regulatory frameworks (primarily U.S., Bermuda, and SII).
• Develop financial projections to support leadership in planning and decision making.
• Monitor industry trends, evaluate competitive dynamics, and identify opportunities for strategic growth.
• Develop and maintain a robust pipeline of acquisition targets and strategic partnerships.
• Partner with senior leadership to define growth priorities and execute key strategic initiatives.

Job description

Alternative Solutions Group is a newly established team within Munich Re Life US, dedicated to delivering innovative, customized reinsurance solutions for U.S. Life & Health clients. Our mandate is to address unique and complex needs through creative structures that may include biometric and financial reinsurance, third-party capital, asset management partnerships, and other novel approaches.

In this highly visible role, you will partner with clients to originate and execute sophisticated reinsurance transactions. Responsibilities include structuring, pricing, and negotiating deals, as well as collaborating with local and global leadership to secure approvals. Additionally, you will support the Head of Alternative Solutions in managing the P&L of existing portfolios, ensuring sustainable growth and profitability

Responsibilities

Deal structuring and execution:

• Lead the end-to-end reinsurance transaction process, including due diligence, valuation, financial modeling, negotiation, and integration planning.
• Coordinate cross-functional teams (legal, actuarial, finance, operations) to ensure seamless execution and post-deal integration.
• Build and maintain strong relationships with clients, consultants, and external advisors throughout the deal lifecycle.
• Prepare transaction approval materials and communicate effectively with key internal and external stakeholders.
• Collaborate with legal team in drafting and reviewing regulatory submissions and responses.

Financial management:

• Collaborate with asset managers to develop, maintain, and enhance the Asset-Liability Management (ALM) framework
• Create and optimize capital structures, leveraging knowledge of economic capital and regulatory frameworks (primarily U.S., Bermuda, and SII).
• Develop financial projections to support leadership in planning and decision making.

Strategic Planning & Growth:

• Monitor industry trends, evaluate competitive dynamics, and identify opportunities for strategic growth.
• Develop and maintain a robust pipeline of acquisition targets and strategic partnerships.
• Partner with senior leadership to define growth priorities and execute key strategic initiatives.

Qualifications

• 10+ years of experience in life M&A, sidecar, block reinsurance, or corporate development required.
• Experience in life insurance ALM or investment management preferred.
• Experience in direct and/or reinsurance pricing preferred.
• Willingness and ability to travel as business dictates

Our 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

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.By turning uncertainty into manageable risk, we enable fundamental change.We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.We dare to think big and are continuously innovating on behalf of our clients.

For New York City based employees, the base salary range anticipated for this position is $291,000 to $337,000, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.