Living Benefits Valuation Actuarial Associate

Munich Re; New York (NY); On-site; USD 85,000 - 110,000; Full time

Job summary

Munich Re in New York is seeking an Actuarial Associate to support Living Benefits (LB) valuation, IDI and LTC reporting within Corporate Actuarial – Valuation. You will participate in valuation production, data analysis, and documentation to ensure accurate, timely deliverables.

The role emphasizes building actuarial and technical skills in a collaborative team, with opportunities to advance exam progress toward ASA and beyond.

Qualifications

• Near ASA and intent to pursue ASA with exam progression toward FSA.
• Minimum 2 years of actuarial experience.
• Bachelor's degree in mathematics, quantitative discipline, actuarial science, or related field.
• Strong analytical, problem-solving, and organizational skills with attention to detail.
• Proficiency with Excel; SQL experience preferred.
• Life insurance product knowledge and valuation/financial reporting experience preferred.

Responsibilities

• Assist with periodic actuarial valuation and production processes, including data preparation, model support, results review, and preparation of recurring reporting materials.
• Support the team in producing accurate, timely, and well-documented deliverables under established procedures and controls.
• Perform data analysis and quality checks to support valuation, reporting, assumption review, and ad‑hoc business needs.
• Maintain clear supporting documentation for production processes, assumptions, data checks, and work products.
• Assist with enhancements to recurring tools, templates, and processes to improve efficiency, consistency, and controls.
• Support team members with production tasks, management requests, audit support, and other actuarial projects as needed.

Skills

Analytical skills

Data analysis

Communication

Excel

SQL

Team collaboration

Problem-solving

Education

Bachelor's degree in mathematics or related field

Tools

SQL

Excel

Job description

Munich Re in New York is seeking an Actuarial Associate to support Living Benefits (LB) valuation, IDI and LTC reporting within Corporate Actuarial – Valuation. You will participate in valuation production, data analysis, and documentation to ensure accurate, timely deliverables.

The role emphasizes building actuarial and technical skills in a collaborative team, with opportunities to advance exam progress toward ASA and beyond.