London, England, United KingdomCategory: Actuarial & Risk ManagementCompany: Munich ReAbout usAt Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. Please see our website for more information.Actuarial Analyst, ReportingPerform a broad range of actuarial reporting tasks for Munich Re Syndicate 457, covering both local (Lloyd’s) and group (Munich) reserving & reporting requirements.Help to develop the reporting infrastructure & MI to meet the increasing demands from the business and deliver process automation.Responsibilities: Undertake the actuarial delivery of Lloyd's reporting processes, including leading the QMB reporting to Lloyd's and supporting other reporting requirements, e.g. Undertake elements of the actuarial delivery of Munich reporting processes, including Solvency II TPs, quarterly reporting (Actuarial Day, Outliers, IBLC, AvE) and annual reporting (e.g. Perform or review the work underlying international regulatory returns such as the US Trust Funds and the Singapore MAS returns;Assist with actuarial reports such as the Actuarial Function Report and Annual Reserve Report;Gain familiarity with the data warehouse, as well as underwriting, claims and reinsurance systems. Extract and analysing data for varied purposes using SQL;Liaise with the IFRS17 project team to develop an understanding of IFRS17 requirements in the live BAU environment. Contribute to other actuarial reserving and reporting tasks as needed.Knowledge and Skills Mathematics or Actuarial Background2+ years of experience within an actuarial reporting role, ideally in the London Market;Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.You can request an adjustment by speaking to your Talent Acquisition contact.Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Actuarial Analyst (Student) in London employer: Munich Re
Munich Re is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Our commitment to cutting-edge technology and Agile practices not only enhances job satisfaction but also positions our employees at the forefront of the insurance industry.
