AVP & Marketing Actuary

Munich Re Group; New York (NY); On-site; USD 262,000 - 289,000; Full time

Benefits offered by this job

Health insurance

401k plan

Paid time off

Bonus eligibility

Tuition assistance

AD&D coverage

Job summary

Munich Re Group in New York City seeks an AVP & Marketing Actuary to drive pricing and client-focused reinsurance solutions for Individual Life Reinsurance. You will partner with clients and internal teams to shape pricing strategies and growth initiatives.

The role involves leading pricing efforts, mentoring actuaries, and developing thought leadership while contributing to strategic engagement with senior stakeholders in a dynamic, global environment.

Qualifications

• 8+ years of experience in life insurance or reinsurance.
• Strong actuarial foundation with pricing and product development experience.
• Excellent communication and stakeholder engagement skills.

Responsibilities

• Manage existing and build new client relationships.
• Drive innovative, client-focused reinsurance pricing strategies.
• Translate client challenges into actuarial pricing solutions.
• Lead pricing initiatives and mentor junior actuaries.
• Develop thought leadership and participate in industry events.

Skills

Communication

Stakeholder management

Client engagement

Education

FSA designation

Job description

AVP & Marketing Actuary Individual Life Reinsurance and Pricing

We are seeking a dynamic and client-focused AVP & Marketing Actuary to support the Individual Life Reinsurance team in driving new business pricing initiatives. This role partners closely with internal stakeholders and clients to deliver innovative, data-driven reinsurance solutions to grow our business.

Your Impact

• Manage existing and build new relationships with clients.
• Drive innovative, client-focused reinsurance solutions by anticipating market trends and client needs.
• Support commercial engagements by translating client challenges into actionable actuarial and pricing strategies.
• Collaborate with senior leaders to execute strategic pricing and growth initiatives.
• Work with pricing teams in both strategic and technical capacities to set rates.
• Apply product and pricing expertise to structure competitive and profitable reinsurance deals.
• Leverage data and analytics to generate insights and improve decision-making.
• Lead or contribute to cross-functional initiatives to enhance delivery efficiency and coordination.
• Mentor and lead a team of junior actuaries and contribute to team development.
• Develop thought leadership for Munich Re and participate in industry events

Your Profile

• FSA designation with strong actuarial foundation.
• 8+ years of experience in life insurance or reinsurance.
• Demonstrated experience in pricing and product development preferred.
• Well-developed understanding of actuarial assumptions.
• Strong business acumen with ability to translate market needs into solutions.
• Excellent communication and stakeholder engagement skills. Experience with client engagement preferred.
• Experience working in fast-paced, collaborative, high-performance environments.

Why Join Us

• Collaborative and innovative culture within a global market leader.
• Opportunity to work on highly visible, client-facing strategic initiatives.
• Strong focus on professional growth and development.
• Competitive compensation and comprehensive benefits package.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
• Short and Long-Term Disability coverage.
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 6% employer match
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
• Eligibility to receive a yearly bonus as a Munich Re employee.
• A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.

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 $262,000 to $289,000, 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.