Reserving Actuary Non-life (m/w/d)* - Reserve Management & Actuarial Reporting (m/w/d)*

Stellenbeschreibung:

Reserving Actuary Non-life (m/w/d) – Reserve Management & Actuarial Reporting (m/w/d)

Join us as a Reserving Actuary for Munich Re’s Global Central Reserving team, focusing on the loss reserve analyses for the group‑wide Non‑Life business. You will perform quantitative analyses, assess reserve uncertainty, and support financial reporting under IFRS 17, Solvency II and local GAAP.

YOUR JOB

Collaborate with Global Reserving actuaries worldwide to ensure adequate reserve levels, consistent practices, and efficient reporting.
Participate in peer reserve reviews and perform ad‑hoc actuarial analyses on various reserving topics.
Conduct reserve valuations, variability assessments, scenario testing, benchmarking, and portfolio performance analysis.
Contribute to the development of methodologies, concepts and tools used by the Global Oversight team.
Monitor and analyze key reserve figures, preparing result communication for stakeholders.
Identify and quantify reserve risks, develop mitigation strategies, and provide guidance to Global Reserving actuaries.
Collaborate with Integrated Risk Management to derive basic loss reserve risk and premium risk for the internal model.
Prepare communication and address information needs on reserving topics for internal and external stakeholders such as board committees, analysts, investors, rating agencies and auditors.

YOUR PROFILE

University degree in mathematics or a related quantitative field.
Actuarial qualification (e.g., DAV, FIA, FCAS or equivalent) started or completed.
At least 2 years of actuarial experience in loss estimation within Non‑Life.
Knowledge of current reserving, pricing or underwriting trends in the global insurance or reinsurance industry.
Strong data‑analysis skills with programming experience in R and SQL and proficiency in Excel, PowerBI and PowerQuery.
Strategic thinking, analytical, and problem‑solving skills with a solution‑oriented mindset.
High accuracy and discretion with confidential matters.
Ability to explain technical concepts to non‑technical audiences.
Strong team player, enthusiastic to collaborate globally.
Strong written and verbal communication in English.

About Us

Munich Re is the world’s leading reinsurance company, with over 11,000 employees at more than 50 locations. We turn uncertainty into a manageable risk and focus on climate change, major construction projects, medical risk assessment and even space travel. We value innovation, diversity and collaboration.

Employer Brand and Benefits

We offer a diverse, inclusive and supportive work environment with:

Diversity, Equity & Inclusion initiatives that foster innovation.
Continuous learning opportunities for skill development.
Career mobility across our global network.
Competitive salary and retirement provision.
Work‑life balance and flexible hybrid working.
Health management programmes beyond legal requirements.
Equal opportunity employment – severely disabled candidates are prioritised when qualified.