Cologne

Hanover

Munich

Intern

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Data

Reinsurance

Risk

Systems

Python

Modelling

Data Science

Experience Analysis

Coding

Pricing

Valuation

Capital

Longevity

Consulting

Excel

ResQ

Power BI

Tableau

MATLAB

Oracle

Microsoft Azure

Munich Re Markets: Valuation & Reporting Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyThe business unit Munich Re Markets structures and administers tailor-made reinsurance solutions for Munich Re’s life insurance clients with a focus on clients’ products in the savings, retirement, and investment space. These transactions typically involve combinations of financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurer's corporate finance management and planning.Within the business unit, we are responsible for a broad range of tasks in the area of “Monitoring & Reporting.” Beyond a daily analysis of the capital markets, our responsibilities include reporting according to international standards (IFRS 9 and 17), local regimes (e.g., German, Swiss, or Chinese GAAP), regulatory reporting according to Solvency II, and internal management reporting.The team acts as the business unit’s interface to risk management, the reserving division, controlling, and risk carriers in various countries. While reporting duties are formally recurring, their content is always different due to a variety of reasons and effects, not just because of the multitude of standards we have to comply with.We shape our future by ultimately striving for the highest possible automation of our processes. A high degree of automation is required to further scale up our business and enable the division to succeed with its ambition.In line with the growth of the business unit, our multinational and interdisciplinary team is also growing and looking forward to tackling the multitude of challenges with you!Your Job<ul><li>Execute selected monitoring & reporting tasks for the business unit, particularly Solvency II and internal value-based management; further tasks could be in the sphere of either IFRS 17, non-hedged business, or comprehensive reporting for our internal primary insurer.</li><li>Automate our landscape further by detecting and closing gaps with high-quality coding.</li><li>Contribute to other tasks of the team, one-off or recurring, such as overarching quality assurance and processes around internal and external audit.</li></ul>Your Profile<ul><li>University degree in (actuarial/finance) mathematics, physics, or informatics is a must; ongoing or completed training for fellowship in an actuarial association is considered an asset.</li><li>Strong skills in R are a must, with additional preference for any combination of the following: experience with data.table/data processing, building packages, larger R-based projects, including experience in version control systems.</li><li>Basic SQL knowledge.</li><li>At least 2 years of experience in (re-)insurance (Life or Risk Management/Reserving), investment banking, consultancy, or related areas, ideally with some knowledge in valuation models, International Reporting Standards (IFRS 9/17), and European and/or Chinese regulatory standards (Solvency II/C-ROSS).</li><li>Experience in project work and, ideally, project management.</li><li>Excellent analytical and conceptual skills.</li><li>Fluent business English; German would be considered an advantage.</li></ul>Application InstructionsPlease apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates, and transcripts of record for any degrees. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.About UsAs the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment, or even space travel.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Sounds like you? Push boundaries with us and be part of Munich Re.Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.Unlock Your Potential<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition<ul><li>Competitive Salary: Appropriate compensation for your high level of commitment.</li><li>Retirement Provision: State-of-the-art in-house pension solutions.</li><li>Work-Life Balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health Management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid Working: Living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.</li></ul>* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized if equally qualified.Münchener Rückversicherungs-GesellschaftLisa SchneiderHR Consultant

Senior Valuation Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets is a leading provider of reinsurance solutions for the global savings, retirement, and investment business. We reinsure and manage financial guarantees, policyholder behavior, and biometric risks.The Modeling team is responsible for best estimate assumptions and cash flow models used for Solvency II, local GAAP, and IFRS valuation. To further strengthen our team, we are looking for a Senior Valuation Actuary with a focus on best estimate assumption setting. In this role, you will be based in Munich and collaborate with underwriting teams in Europe, Asia, and North America.Your Job<ul><li>Analyse experience data in order to derive valuation assumptions for reinsurance transactions. Perform regular assumption reviews, derive and document recommendations for assumption changes.</li><li>Communicate valuation assumptions and their amendments to internal and external stakeholders, obtain approvals from the valuation oversight function.</li><li>Take part in cross-sectional deal teams with colleagues from Origination and Structuring departments to develop tailor-made reinsurance solutions. Provide actuarial risk assessment for new business.</li><li>Support the implementation of cash flow models with actuarial expertise.</li></ul>Your Profile<ul><li>Excellent university degree in a quantitative subject (insurance/financial mathematics, physics, computer science, engineering).</li><li>At least five years of actuarial experience in insurance, reinsurance, or consultancy involving assumption setting for individual life insurance.</li><li>Proficiency in statistical methods for biometric analysis (e.g., Generalised Linear Models, Generalised Additive Models).</li><li>Practical experience with statistical programming (e.g., R, SQL) and working with large datasets.</li><li>Comprehensive knowledge of life insurance products for at least one regional market, as well as the cash flow models and assumptions used for their valuation.</li><li>Solid understanding of market-consistent valuation for financial guarantees embedded in life insurance products.</li><li>Strong interpersonal skills, ability to negotiate with others at all levels.</li><li>Full membership in an actuarial association (e.g., DAV) is desired.</li><li>Languages: Fluent business English and German.</li></ul>Application InstructionsIn order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.About UsAs the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk, we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment, or even space travel.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.Unlock Your Potential<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition<ul><li>Competitive Salary: Appropriate compensation for your high level of commitment.</li><li>Retirement Provision: State of the art in-house pension solutions.</li><li>Work-Life Balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health Management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid Working: Living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.</li></ul>* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.Münchener Rückversicherungs-GesellschaftLisa SchneiderHR ConsultantApply now!

Munich Re Markets: Senior Valuation & Reporting Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets structures and administers bespoke reinsurance solutions for Munich Re’s life insurance clients with a focus on clients’ products in the savings, retirement, and investment space. These transactions typically involve combinations of financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurer's corporate finance management and planning.Business written thus far, as well as the existing pipeline, offer a very interesting and insightful mixture of insurance contracts, the majority of which is measured as financial instruments (IFRS 9), and minor parts as insurance contracts (IFRS 17). The section is responsible for a broad range of tasks around monitoring and reporting of this business, with divisional interfaces to divisions of Risk Management, Reserving, or Controlling, as well as to risk carriers in various countries.While formally reporting duties are recurring, each reporting’s content is always different due to a variety of reasons and effects. Further to these duties, we shape our future by ultimately striving for the highest possible automation of our processes. A high degree of automation is required to further scale up our business and, in the end, to enable the division to succeed with its ambition.We are looking for an experienced actuary to strengthen our team. Are you a self-motivated number cruncher with a passion for coding? Are you interested in working in a multinational and interdisciplinary team? Then a multitude of challenging tasks awaits you!Your JobSome tasks within the team currently undergo some re-allocation, which also allows for discussion of your preferences. Tell us what you are interested in, and convince us where you could add the most value for the division! Possible tasks include, but are not limited to:<ul><li>Reporting of the division’s life reinsurance business according to the following standards:
<ul><li>Solvency II</li><li>IFRS 17 and IFRS 9</li><li>Special local GAAP topics (Chinese GAAP / C-ROSS, HGB, Swiss Obligationenrecht) where applicable</li></ul></li><li>Comprehensive reporting for our special purpose primary insurance carrier (located within the EU), from IFRS to the full Solvency II balance sheet</li><li>Interface to the neighbored Modelling team for non-hedged business</li><li>Interface to Controlling, from Annual Planning via Quarterly Steering Reports to Value-based Management</li></ul>Regardless of the above, a major part of everyone’s tasks is to drive further automation by detecting and closing gaps by coding in R and/or SQL. A general contribution to other tasks of the team, one-off or recurring, such as the overarching quality assurance and processes around internal and external audit, is also a task of all team members.Senior position holders’ tasks also have a major share in advising and developing colleagues.Your Profile<ul><li>University degree in (actuarial/finance) mathematics, physics, or informatics; a relevant further qualification is desired (e.g., Actuary with focus on accounting, life insurance, or ERM)</li><li>Broad and deep multi-year professional experience in above areas, and in particular advanced understanding of IFRS/Solvency II, qualifying for a senior position</li><li>Solid understanding of and experience in Life Reinsurance, while knowledge of or experience with Munich Re Markets’ hedged business is an asset</li><li>Strong desire for the highest possible automation, as well as very advanced skills in R & SQL to realize the automation</li><li>Experience in project work and, ideally, project management</li><li>Excellent analytical and conceptual skills, with a good sense for pragmatism vs. exactness</li><li>Proven track record in directing and developing colleagues</li><li>Fluent business English; German would be considered an advantage</li></ul>Application InstructionsPlease apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates, and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.About UsAs the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk, we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment, or even space travel.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Sounds like you? Push boundaries with us and be part of Munich Re.Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.Unlock Your Potential<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition<ul><li>Competitive Salary: Appropriate compensation for your high level of commitment.</li><li>Retirement Provision: State of the art in-house pension solutions.</li><li>Work-Life Balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health Management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid Working: Living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.</li></ul>* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized if equally qualified.

Munich Re Markets: Valuation & Reporting Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets structures and administers bespoke reinsurance solutions for Munich Re’s life insurance clients with a focus on clients’ products in the savings, retirement, and investment space. These transactions typically involve combinations of financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurer's corporate finance management and planning.Business written thus far, as well as the existing pipeline, offer a very interesting and insightful mixture of insurance contracts, the majority of which is measured as financial instruments (IFRS 9), and a smaller part as insurance contracts (IFRS 17). The section is responsible for a broad range of tasks around monitoring and reporting of this business, with divisional interfaces to risk management, the reserving division, controlling, as well as to risk carriers in various countries.Reporting duties are formally recurring, but the content is always different due to a variety of reasons and effects, not just because of the multitude of standards we have to comply with.Further to these duties, we shape our future by ultimately striving for the highest possible automation of our processes. A high degree of automation is required to further scale up our business and enable the division to succeed with its ambition.Are you a self-motivated number cruncher with a passion for high-quality coding? Are you interested in working in a multinational and interdisciplinary team? Then a multitude of challenging tasks awaits you!Your Job<ul><li>Reporting of the division’s life reinsurance business according to Solvency II and Munich Re’s internal value-based management</li><li>Execute further reporting tasks, which could be in the sphere of either IFRS 17, or our non-hedged business or comprehensive reporting for our internal primary insurance carrier</li><li>Drive further automation by detecting and closing gaps by coding (we essentially use R & SQL)</li><li>Contribution to other tasks of the team, one-off or recurring, such as the overarching quality assurance and processes around internal and external audit</li></ul>Your Profile<ul><li>University degree in (actuarial/finance) mathematics, physics or informatics; ongoing or completed training for fellowship in an actuarial society is considered an asset</li><li>Advanced skills in R & SQL, with JAVA being an advantage</li><li>At least 2 years of experience in (re-)insurance (Life or Risk Management/Reserving), investment banking, consultancy or in related areas, ideally with some knowledge in valuation models, International Reporting Standards (IFRS 9/17), European and/or Chinese regulatory standards (Solvency II/C-ROSS)</li><li>Experience in project work and, ideally, project management</li><li>Excellent analytical and conceptual skills</li><li>Fluent business English; German would be considered an advantage</li></ul>Application InstructionsPlease apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates, and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.About UsAs the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment, or even space travel.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Sounds like you? Push boundaries with us and be part of Munich Re.Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.Unlock Your Potential<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition<ul><li>Competitive Salary: Appropriate compensation for your high level of commitment.</li><li>Retirement Provision: State of the art in-house pension solutions.</li><li>Work-Life Balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health Management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid Working: Living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.</li></ul>* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized if equally qualified.

Senior Consultant Financial Solutions - Actuary with Accounting & Regulatory Focus (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets is a global business unit that develops and produces savings, retirement, and investment products. We manage our clients’ business targets with various corporate finance and risk management techniques, including structured reinsurance and hedging.We are extending our capabilities in Europe and Asia and are looking for an experienced actuary with profound expertise in International Solvency Regulation (ICS). This role involves developing and advising on reinsurance structures and related transactions, optimizing cedants’ capital positions. It is a challenging and rewarding opportunity for someone with deep knowledge in Solvency II, IFRS accounting for life insurers, and financial mathematics.Your Job:<ul><li>Supporting business structuring and execution efforts in Europe and developed Asian markets through creative problem-solving and analytical skills on accounting and regulatory implications.</li><li>Integrating and collaborating with our global accounting and regulation team regarding IFRS ICS/Solvency II and local GAAP implications for our cedents.</li><li>Bridging mathematical and actuarial aspects with accounting requirements.</li><li>Developing reinsurance product concepts and structures with a focus on accounting and regulatory aspects.</li><li>Advising multiple stakeholders on accounting and regulatory issues pertaining to transactions.</li><li>Actively participating as a member of deal teams, working with local and global staff.</li><li>Monitoring insurance accounting developments in focus countries and deriving conclusions for Munich Re Markets’ solutions landscape.</li><li>Interfacing fluidly across the division’s origination, structuring, and trading functions.</li><li>Preparing technical documentation to support new transactions.</li></ul>Your Profile:<ul><li>University degree in mathematics, physics, or similar.</li><li>Completed actuarial education.</li><li>Experience in the insurance or reinsurance industries, employed with a consulting, auditing, insurance/reinsurance firm, or other financial institution.</li><li>Deep understanding of Solvency II / ICS regulatory concepts and experience working with auditing firms and national insurance regulators.</li><li>Good conceptual knowledge of IFRS accounting and local GAAP requirements in at least one target market.</li><li>Familiarity with structured and non-traditional reinsurance solutions and financial derivatives.</li><li>Independent, proactive, and a strong team player with a desire to contribute to a global team’s success.</li><li>Intellectually curious, with excellent communication and presentation skills.</li><li>Persuasive and credible, with the ability to initiate and maintain client interactions.</li></ul>Application Instructions:Please apply through our online portal and upload your CV, along with your academic reference letters and transcripts of record for any degrees. We recommend writing a cover letter to share why the position and Munich Re interest you.About Us:As the world's leading reinsurance company with over 11,000 employees at more than 50 locations, Munich Re introduces a paradigm shift in how you think about insurance. We enable fundamental change by turning uncertainty into manageable risk.Together, we embrace a culture where multiskilled teams dare to think big. We create the new and different for our clients and cultivate innovation.Our employees are our greatest strength. That’s why we offer a wide range of benefits, including:Unlock Your Potential:<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences, believing that diversity fosters innovation and resilience.</li><li>Continuous Learning: We believe that continuous learning is critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, offering a wealth of career growth opportunities.</li></ul>Rewards & Recognition:<ul><li>Competitive Salary: Appropriate compensation for your high level of commitment.</li><li>Retirement Provision: State-of-the-art in-house pension solutions.</li><li>Work-Life Balance: Promoting compatibility of family and work.</li><li>Health Management: Focus on your physical and mental health beyond legal requirements.</li><li>Hybrid Working: A flexible approach with opportunities to work from abroad occasionally.</li></ul>Munich Re is an equal opportunities employer. Severely disabled candidates will be prioritized if equally qualified.

As a Junior Actuary, you will play a vital role in supporting the actuarial team through data analysis, financial modeling, and risk assessment to help drive informed business decisions. This entry-level position offers an excellent opportunity to apply quantitative skills and develop expertise in actuarial science. You’ll work collaboratively with senior actuaries, analysts, and other financial professionals, gaining hands-on experience with industry-standard tools and methodologies.About the RoleWe are looking for an ambitious junior actuary to join our team and support the project of building a tool to manage the Ultimate Values on an individual contract level.<ul><li>You will work on Actuarial and Finance system development and collaborate closely with the IT workstream.</li><li>You will produce functional requirements for the integrated actuarial system to be built.</li><li>You will align across workstreams and manage dependencies on linked requirements, understanding the project scope and the interdependencies between various components.</li><li>You will participate in the testing process to validate that the system meets specified requirements, including user acceptance testing (UAT) and other forms of validation to ensure the system's functionality and performance.</li><li>You will ensure that all functional specifications and requirements are well-documented for the IT project team and future reference.</li><li>You regularly interact with other functions such as Underwriting, Claims, Technical Accounting, and Finance as well as with senior management, building trustful long-term relationships.</li><li>You will regularly work on data analytics tasks.</li><li>You will receive the necessary training and career-development opportunities.</li><li>We encourage you to pursue actuarial qualification with one of the major actuarial societies.</li></ul>About the TeamThe P&C Reserving Tools & Processes team consists of 8 actuaries, 2 PMOs, and one Business Analyst, all from diverse cultural backgrounds. We place a high value on teamwork and a collaborative spirit. We frequently interact with many stakeholders from different functions, making strong communication skills just as important as technical expertise.We are primarily responsible for the in-house built reserving tool and are currently working on a new project to develop a tool for managing Ultimate Values on an individual contract level.About You<ul><li>Are you an aspiring actuary with 2-5 years of experience in actuarial projects/reserving/financial reporting in Insurance or Reinsurance?</li><li>Do you have a university degree in science or related subjects, and possess strong analytical and quantitative skills?</li><li>Additionally, we are looking for someone who is interested in statistical programming and data analytics and is eager to enhance their capabilities in these areas.</li><li>You should be fluent in English and another major language, with multicultural communication skills, curiosity, and a great team spirit.</li><li>You should be comfortable multitasking, demonstrate courage and integrity, and earn trust with our partners. We also welcome outstanding candidates with limited work experience who are passionate about pursuing an actuarial career.</li></ul>If this sounds like you, we encourage you to apply and join our dynamic team!About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally.

What you can expect:We offer a varied, individual, and flexible working student job at a modern, international reinsurance company in the heart of Cologne.We are a young, international team that works agilely. You will benefit from on-the-job training in daily business, where you will gain many exciting insights into the world of an international insurance group.After your onboarding period, one day of remote work per week is possible for you.What you will do with us:You will support the Data Analytics &amp; Services department in all its facets—from evaluations of our life insurance portfolios, engaging in exciting data analytics projects to researching, preparing, and evaluating relevant statistics and information.Once you are familiar with the role, you will also contribute to performance reports and presentations.Furthermore, you will have the opportunity to test and maintain our evaluation system in APEX/R.What convinces us:First and foremost, your personality: Your analytical thinking skills, high sense of responsibility, and structured and results-oriented working style enable you to handle complex content and concepts confidently.Additionally, you are a student of Mathematics, Computer Science, or Natural Sciences. Another advantage would be initial programming knowledge in R, Python, SAS, or similar and a strong mathematical/statistical foundation.You are flexible (12-19 hours per week) and want to be part of our team for at least one year.You enjoy communication (in both German and English) and teamwork and have a hands-on mentality.If you are interested in a flexible working student job with 12 to 19 hours per week, feel free to apply with your CV and current transcript of records.

Structurer/Actuary (m/f/d)Company: Munich ReLocation: Munich, GermanyMunich Re Markets (“Markets”) is specialized in all types of strategic transactions for life insurance companies’ clients worldwide. This unit handles non-traditional business involving corporate finance, capital and risk management for life insurers through structured reinsurance, hedging, strategic risk transfer, and other transactions.Markets has developed and/or reinsured numerous individualized savings products worldwide and possesses the infrastructure to reinsure, administer, and manage risks for savings, retirement, and investment products. These reinsurance solutions typically involve combined financial markets and insurance risks while delivering a capital and/or risk management impact relevant to an insurer’s corporate finance management and planning.MR Markets is seeking a Structurer / Actuary (m/f/d) to join the Structuring Actuarial Team.The Munich Re Markets Structuring Actuarial Team is responsible for setting mortality and behavioral assumptions for the pricing of all LH6 transactions with a global focus. Examples of required assumptions include:<ul><li>Mortality tables and trends</li><li>Lapse assumptions</li><li>Withdrawal assumptions</li><li>Premium payment assumptions (persistency, top-ups, paid-up transitions, etc.)</li><li>Utilization timing and level</li><li>Annuitization incidence</li><li>And many other risks.</li></ul>To standardize actuarial assumption setting and to increase throughput, an actuarial assumption setting infrastructure (database, GUI, R library, analysis tools) is currently being built by the Team.Job Purpose:The main responsibilities of this role will be to support the further development of the Team’s infrastructure and tool landscape as well as performing experience studies and assumption setting for quotations on retirement and savings products (pricing, not valuation).Your Job:<ul><li>Expand and improve our tool library (mostly in R, some in Excel/VBA) as well as the interactions with our Database (SQL Server)</li><li>Analyze risk and profitability of life insurance and reinsurance products and in-force portfolios</li><li>Specify data requirements needed for experience studies and assumption setting</li><li>Perform experience analyses for incoming client transactions (prepare and clean the data, build data cubes, carry out data checks for validity and consistency, carry out Exploratory Data Analysis such as 1- and 2-way predictor analysis, correlation, and collinearity, determine clustering and binning of variables, clear documentation, etc.)</li><li>Research and understand the product, market, tax & regulatory environment as well as industry practice and relevant market experiences</li><li>Preparation of client engagement material (presentations, memos, reports) under the direction and guidance of experienced team members</li><li>Assist in developing appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects</li><li>Develop own professional understanding of client problem set and Munich Re solution set through interaction with the team</li><li>Possibility to become involved in cash-flow modelling (in particular, modelling the actuarial assumptions in the AON PathWise cash-flow modelling suite)</li></ul>Your Profile:<ul><li>High quality degree in mathematics, insurance/financial mathematics, statistics, computer science or business graduates with mathematical orientation</li><li>Proficient use of MS Word, Excel, Access</li><li>Proficient use of a statistical modeling software package or programming language (e.g. Matlab, R, Python etc.)</li><li>Financial Mathematics and/or Data Science and/or Actuarial training</li><li>Strong presentation skills</li><li>Proactive, analytical and innovative in solving problems and flexibility in relation to a continuously and rapidly changing environment</li><li>Ability to work within a team distributed over various locations</li><li>Fluent English speaker (other languages also advantageous)</li><li>Intrinsic motivation, high personal integrity, joy in meeting challenges</li></ul>About Us:As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk, we enable fundamental change.Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.Unlock Your Potential:<ul><li>Diversity, Equity & Inclusion: We embrace the power of differences and are convinced that diversity fosters innovation and resilience.</li><li>Continuous Learning: We believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.</li><li>Career Mobility: We actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.</li></ul>Rewards & Recognition:<ul><li>Competitive salary: Appropriate compensation for your high level of commitment.</li><li>Retirement provision: State of the art in-house pension solutions.</li><li>Work-life balance: Promoting the compatibility of family and work in addition to overall work-life balance.</li><li>Health management: Focus on your physical and mental health far beyond legal requirements.</li><li>Hybrid working: Living the best of both worlds – we offer you a very flexible approach.</li></ul>Munich Re is an equal opportunities employer. Severely disabled candidates will also be prioritized if equally qualified.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow, and to shape a better future for our customers and the world around us.Great to have you on board. Let's care for tomorrow.About us:The world around us is changing rapidly and so is the insurance industry. Now’s the right time to make a bold move and shape the future of insurance – this is Allianz Direct! As a pan-European online insurer of the Allianz Group, launched in 2019, Allianz Direct is on its mission to become the most customer-oriented and efficient insurer on the market. Allianz Direct is truly changing the face of insurance, in customer experience, and in technology, processes, people, and culture.An international team of business experts and engineers who live and breathe an agile way of working, are seeking to improve and change the way you do insurance. Driven by customer obsession and love for data, Allianz Direct strives for delivering an exceptional experience with a personal touch.So, what makes Allianz Direct so unique? We believe in the power of simplicity and convenience and by doing so we have managed to set new standards when it comes to online insurance.Job Purpose:In 2019 we embarked on a journey, to build the ‘future of insurance’. At Allianz Direct, our mission is very simple: we want to become the most customer-oriented and efficient insurer on the market. At Allianz Direct we see ourselves as a technology company with an insurance license. With love for data and customer obsession at the core of our culture, we want to deliver an experience that really makes our customers say: “WOW, that was great!”You will be working within the Finance team supporting the Chief Actuary to develop the target actuarial data landscape, test and implement advanced data flows and machine-learning techniques for the purpose of optimizing the loss reserving process and forecast technical performance across the full insurance scope of AZ Direct, currently 5 different countries (Italy, Spain, Germany, Netherlands, and France).Come and join this dynamic team, develop new techniques, processes and learn about the whole insurance value chain!Key responsibilities:<ul><li>You have the objective of optimizing reserving & technical performance insights through fixing legacy data shortcomings and building actuarial datasets in a flexible and consistent approach.</li><li>Ensuring the actuarial analysis remains credible with the highest level of data quality possible and enhanced collaboration with other data consumers (pricing, claims, data).</li><li>Actively contribute to defining and refining the actuarial data landscape and tools, in the context of the AZ Direct company-wide data approach</li><li>Stay abreast of uses of data in actuarial analysis, machine-learning techniques, AI applications and proactively test new approaches for discussion with the relevant corporate actuaries</li></ul>Qualifications/Key skills:<ul><li>Academic degree in Computer Science, Statistics, Mathematics, Physics, Actuarial Science, or a related field.</li><li>2-3 years of relevant professional experience in the field of data science and ideally, a solid understanding of actuarial loss reserving</li><li>Profound experience in data analysis with high fluency in SQL, Python and experience in Cloud Computing (e.g. Azure)</li><li>Expertise in data visualization with Business Intelligence tools such as Tableau, SAP Analytics Cloud or Power BI.</li><li>Fluent in English, additional languages are a plus</li><li>Accounting knowledge is ideal</li><li>Solid analytical skillset</li><li>Ability to communicate complex quantitative analysis in a clear and precise manner to audiences from different departments and at different levels.</li><li>Ability to work independently and efficiently</li><li>High level of reliability</li><li>Open-minded towards new techniques and data investigation within a growing organization</li><li>Motivation and curiosity to dig deeper into problems</li><li>International working experience is a plus</li></ul>Additional informationWe offer: Career development programs, Workwell@Allianz, Flexible working arrangements Please submit your applications only via our online tool.

Job Purpose/ Role<ul><li>Drives forward work and initiatives in the area of responsibility</li><li>Is the first point of contact for Allianz Re's Corporate Actuarial processes (P&amp;C and L&amp;H)</li><li>Oversees the development and enhancement of actuarial approaches, models and analysis tools</li><li>Sets and manages priorities</li><li>Ensures execution of actuarial processes during peak times, e.g. quarterly closings</li><li>Develops own team and manages projects across teams and locations</li><li>Engages with AZ Re senior management and the Functional Board as well as Group functions</li></ul>Key responsibilities<ul><li>Keep abreast of leading market practice and drive innovation</li><li>Maintain and further develop the Corporate Actuarial IT applications and Data &amp; Process landscape for Reserving, Reporting and Actuarial Risk Capital modelling in compliance with internal and external requirements</li><li>Manage the interfaces to business, data management teams and IT at Allianz SE Re</li><li>Ensure the connection between Allianz Re local and Group provided systems</li><li>Manage and drive forward actuarial projects</li><li>Support reserving teams by managing actuarial processes during closings</li><li>Coordinate and enhance IT governance within Corporate Actuarial</li><li>Provide advice on actuarial systems and processes to stakeholders</li><li>Peer review work from team members, provide guidance to junior team members</li></ul>Qualifications<ul><li>University Degree, preferably in Mathematics, Statistics, Informatics or another similar discipline</li><li>Qualified Actuary (e.g. FSA, FIA, DAV, etc.)</li></ul>Required experience<ul><li>Min 6 years experience in P&amp;C (Re)Insurance; ideally additional experience in L&amp;H business</li><li>Significant experience in IT system / Tool development including writing data and business specifications</li><li>Experience in managing teams</li></ul>Technical skills<ul><li>Robust P&amp;C (Re)Insurance, Reserving and Finance know-how; Risk Capital modelling knowledge is a plus</li><li>Extensive IT skills (SAS, SQL/Oracle, MS Office incl. VBA/PowerQuery and relevant expert systems such as ResQ and Unify)</li><li>In-depth understanding of P&amp;C reserving processes and dataflows; strong interest and ideally experience in designing or streamlining reserving processes</li><li>Knowledge of accounting and reporting standards, especially IFRS 17 is a plus</li><li>Reinsurance expertise is a plus</li></ul>General skills<ul><li>Ability to deliver results in a complex and high-speed environment</li><li>Excellent analytical, conceptual and problem-solving skills in order to identify solutions for business challenges</li><li>Strong communication skills</li><li>Ability to work in an international and multi-cultural environment and to collaborate with actuaries as well as colleagues across other disciplines</li><li>Highly motivated, open-minded and forward-thinking</li><li>Provide leadership within the “People Attributes”-framework of the Allianz Group</li><li>Excellent command of English, German is a plus</li></ul>About usAllianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.Join us. Let's care for tomorrow.Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.

If you want to experience how things are done in the Group Risk Management team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Risk Management Actuary.Your Tasks<ul><li>You are responsible for performing the regular model runs and risk analyses in Hannover Re's internal capital model.</li><li>Coordinating and dealing with inquiries from supervisory authorities regarding the internal model</li><li>Interdisciplinary collaboration with various departments on matters of insurance supervision law</li><li>Coordinating and realising Solvency II reporting processes</li><li>Handling inquiries from internal and external stakeholders</li></ul>Your Profile<ul><li>Degree in (business) mathematics or another academic discipline, in each case with a quantitative orientation</li><li>Initial experience in risk management at an insurer or reinsurer</li><li>Assured user of MS Office</li><li>Proficient user skills in English (at least level C1) and independent user skills in German (at least level B2)</li></ul>On a personal level, you can impress us with your strong organisational and conceptual abilities. If you also enjoy working towards solving problems, you have come to exactly the right place!What We OfferAtmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

If you want to experience how things are done in the Worldwide Digital Business Accelerator team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as a Actuary for Digital Insurance Solutions.Your Tasks<ul><li>Identify and serve new digital insurance partners with state-of-the-art reinsurance solutions</li><li>Evaluating risks in light of actuarial/mathematical considerations</li><li>Performing comprehensive price and margin calculations, including assessing offers and developing solutions</li><li>Participation in setting up a competence centre for digital (re)insurance solutions</li><li>Observation of InsurTech activities in Property &amp; Casualty</li><li>Presenting concepts in the context of workshops with customers or as a speaker at events</li></ul>Your Profile<ul><li>At least 3 years of insurance experience, preferably at a primary insurance</li><li>In-depth market and product knowledge around Property &amp; Casualty (re)insurance</li><li>Degree in actuarial science or a comparable field of study</li><li>Interested in new insurance solutions and technologies</li><li>Proficient user skills in English (at least level C1)</li><li>Willingness to travel worldwide, approximately three to four times a year for an average of one week each time</li></ul>On a personal level, you can impress us with your strong analytical and conceptual abilities. If you also have an understanding approach to dealing with other cultures, as you will be working with people across the globe, and you like to interact in an assured and persuasive manner with internal and external customers, you have come to exactly the right place!What We Offer<ul><li>Structured onboarding</li><li>Flexible working hours</li><li>Benefits superior to those of the collective agreement</li><li>Modern offers for personal development, health management and work-life balance</li></ul>

If you want to experience how things are done in the Group Risk Management, Dynamic Financial Analysis (GRM-DFA) team at our headquarters in Hannover/Germany, join us on a permanent, full-time basis commencing at the earliest possible date as an Associate Actuary.Your Tasks<ul><li>Overseeing the internal model for Hannover Re's market and credit risks</li><li>Regular calculation and analysis of the market and credit risks</li><li>Coordinating and handling inquiries from supervisory authorities regarding the internal model</li><li>Dealing with inquiries from internal and external stakeholders</li></ul>Your Profile<ul><li>Degree in (business) mathematics or related academic discipline with a quantitative orientation</li><li>Well-versed in using MS Office</li><li>Programming skills are an asset</li><li>Proficient user skills in German and English (at least level C1)</li><li>Strong organisational skills, a flair for problem solving and conceptual abilities</li></ul>On a personal level, you can impress us with your capacity for analytical thinking and sharp perceptive faculties. If you also have an open and assured manner in interactions with internal and external customers, you have come to exactly the right place!What We Offer<ul><li>An international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help</li><li>Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits</li><li>You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!</li></ul>

Investment Actuary Jobs and Actuarial Careers in the Investment Sector