(Senior) Actuarial Expert (m/f/d)

About the Role

We are looking for a (Senior) Actuarial Expert, based in Munich. The short tail reserving team is responsible for ensuring an adequate level of loss provisions for the relevant lines of business. We perform an in‑depth analysis across different markets and regions, and our insights inform decision‑making throughout the organization, including strategic business direction.

What You’ll Do

• Support team leader in steering actuarial results for assigned Lines of Business, ensuring transparency on P&L impacts and providing timely support to stakeholders.
• Execute and document advanced actuarial analyses to understand profitability trends, update loss provisions, and prepare high‑quality reports with effective presentation skills.
• Promote collaboration with business areas as key contact person for selected lines of business and act as an actuarial ambassador.
• Drive innovation and efficiency in processes to improve reserve review quality and understanding of quarterly/monthly impacts.
• Develop global actuarial approaches and enhance models while staying current with leading market practices.
• Act as deputy team leader when required, providing leadership continuity, mentoring team members, and taking ownership of ad‑hoc projects.

What You Bring

• Qualification, preferably in Mathematics, Statistics or another appropriate discipline, or qualified by experience in a related field.
• Qualified Actuary (e.g., Fellow of CAS, IFoA or another recognized actuarial organization).
• Excellent actuarial knowledge (claims, underwriting, reinsurance, pricing) plus finance and insurance know‑how.
• Strong knowledge in actuarial reserving and accounting.
• Excellent quantitative financial and risk modelling skills (data analysis).
• Advanced computer skills, particularly MS Office and ResQ.
• Skills in R programming and/or Python programming are highly beneficial.
• Experience applying AI and ML to improve business processes and decision‑making.
• Excellent analytical and problem‑solving skills, with attention to detail.
• Proven intercultural skills and ability to work in an international, remote environment.
• Intellectual curiosity and drive for innovation.
• Fluent English skills required.

Benefits

We offer a hybrid working model, generous bonus scheme, pension, digital learning programmes, international career mobility, flexible working arrangements, private healthcare, generous parental leave, and support for career breaks.

Equal Opportunity Employer

We therefore welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

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