Actuarial Analyst Sr

Munich Re; New York (NY); On-site; USD 86,600 - 127,100; Full time

Benefits offered by this job

Health insurance plans

401(k) plan with employer match

Paid time off starting at 24 days

Tuition assistance

Job summary

Munich Re in New York is seeking an Actuarial Analyst Sr to support loss reserve analyses in the Corporate Reserving department. This role includes preparing actuarial analyses, participating in presentations, and documenting results.

The ideal candidate should have two or more years of actuarial experience, pass two actuarial exams, and possess strong technical skills. The position offers a competitive salary range of $86,600–$127,100 plus bonuses and comprehensive benefits.

Qualifications

• Two or more years of (re)insurance/actuarial experience.
• Passed at least two actuarial exams.
• Working knowledge of models and underlying concepts.

Responsibilities

• Prepare and complete actuarial analysis with minimal supervision.
• Participate in development of actuarial presentations.
• Document and communicate assumptions and results.

Skills

Strong technical actuarial skills

Interpersonal communication skills

Proficient in MS Office Suite

Ability to multitask

Education

Bachelor's degree in mathematics, actuarial science, economics, business or related fields

Job description

Actuarial Analyst Sr

We are adding to our diverse team of experts in the Corporate Reserving department at Munich Re America Services (MRAS). This role supports loss reserve analyses for the US property and casualty business, including monitoring reserve positions, developing actuarial methods, tools, and assessing reserve uncertainty and financial reporting under IFRS17, Solvency II, local GAAP and statutory standards.

Responsibilities

• Prepare and complete actuarial analysis with minimal supervision.
• Participate in development of actuarial presentations and present results/topics to clients and management.
• Complete required data preparation and identify data and operational issues requiring actuarial attention.
• Document and communicate assumptions, results, and alternatives to staff and clients.
• Act as interface between Corporate Reserving and Global Reserving, as well as Controlling, Accounting, and Claims staff.
• Contribute to quarterly and annual internal and external reporting and closing for non‑life reinsurance business.
• Prepare for and pass actuarial exams.

Qualifications

• Bachelor's degree in mathematics, actuarial science, economics, business or related fields.
• Two or more years of (re)insurance/actuarial experience or successful completion of the MR Graduate Trainee Program.
• Passed at least two actuarial exams.
• Strong technical actuarial skills and working knowledge of models and underlying concepts.
• Proficient in MS Office Suite and applying advanced techniques in worksheets and applications.
• Strong interpersonal and oral/written communication skills.
• Ability to schedule, prioritize workload demands, multitask, and manage projects with multiple resources.

Location and Compensation

Princeton, NJ. Base salary range $86,600–$127,100 plus company bonus based on eligible pay. Additional benefits include comprehensive health insurance, vision and dental plans, life and disability insurance, 401(k) match, retirement savings, paid holidays and PTO.

Benefits

• Health insurance plans (PPO or HDHP).
• Prescription drug coverage.
• Vision and dental insurance.
• Basic life insurance equal to 1x annual salary and AD&D coverage equal to 1x annual salary.
• Short and long‑term disability coverage.
• Supplemental life and AD&D plans for self and dependents.
• Voluntary benefits (accident, critical illness, hospital indemnity).
• A robust 401(k) plan with up to 5% employer match.
• Company‑funded retirement savings plan.
• Paid time off starting at 24 days per year, with additional days for milestones.
• Eligibility for yearly bonus as Munich Re employee.
• Health and wellness programs at no cost.
• Paid family care leave.
• Tuition assistance and educational achievement bonuses.
• Corporate matching gifts program.
• Paid time off for volunteering.

Equal Opportunity

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.