2nd VP, Structured Reinsurance

Next Insurance, Inc.; New York (NY); On-site; USD 291,000 - 337,000; Full time

Benefits offered by this job

Comprehensive Medical Plans

Paid Time Off

Retirement Savings Plans

Dental and Vision Plans

Life and Disability insurance

Employee Assistance Program

Wellness programs

Job summary

Munich Re US, through Alternative Solutions Group, seeks a senior deal and strategy professional to originate and execute complex life reinsurance transactions in the U.S. You will structure, price, and negotiate deals, coordinating with legal, actuarial, and finance teams for seamless execution.

The role supports growth in P&L management for existing portfolios and collaborates with senior leadership on strategic initiatives. Travel as required to client sites and conferences.

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 end-to-end reinsurance transaction processes, including due diligence, valuation, financial modeling, negotiation, and integration planning.
• Coordinate cross-functional teams to ensure seamless execution and post-deal integration.
• Build and maintain relationships with clients, consultants, and external advisors throughout the deal lifecycle.
• Prepare transaction approval materials and communicate with key stakeholders.
• Collaborate with legal in drafting and reviewing regulatory submissions and responses.
• Develop and maintain ALM framework with asset managers and optimize capital structures.

Skills

Life M&A

ALM

Investment management

Travel readiness

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.