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Senior Actuarial Associate, IL Pricing

Senior Actuarial Associate, IL Pricing

Munich Re Life USNew York, United States
27 days ago
Job type
  • Full-time
Job description

Your Job

Pricing new opportunities

  • Manage client initiatives to understand key risks and set appropriate prices
  • Build models to analyze profitability of potential deals
  • Summarize results and communicate to Senior Management
  • Review models built by others

Managing Inforce Business

  • Review existing business to understand drivers of profitability
  • Reviewing Models and Assumptions

  • Maintain model templates and develop tools to improve efficiency
  • Perform analysis of actuarial assumption updates
  • Conducting Market Research

  • Perform research on market trends among clients and competitors
  • Your Profile

  • Bachelor’s degree in Finance, Economics, Risk Management, Mathematics, Accounting
  • 3+ years actuarial employment in the life insurance / reinsurance industry
  • ASA designation with progress towards FSA
  • Life insurance or reinsurance knowledge preferred
  • Insurance or reinsurance pricing knowledge preferred
  • Ability to learn how to efficiently use various software packages (AXIS for pricing, Microsoft Excel, SQL).
  • Ability to communicate output / results effectively
  • 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
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