At a Glance
- Tasks: Lead Basis Development initiatives for Protection and Longevity lines, managing projects from start to finish.
- Company: Join Munich Re's UK Life Branch, a leader in the competitive life insurance market.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative team culture with a focus on personal development and career advancement.
- Why this job: Make a significant impact in a dynamic environment while shaping innovative pricing solutions.
- Qualifications: Experience in actuarial science and strong leadership skills required.
The predicted salary is between 60000 - 75000 £ per year.
About UK Life Branch UK Life Branch operates from Munich as part of the Life 1 division of Munich Re.
The UK life market is highly competitive.
The branch focuses on protection, longevity, and reinsurance structuring and works closely with clients to provide strong financial backing and pricing solutions.
About the role The role holder is responsible for leading the delivery of UKLB’s Basis Development for both Protection and Longevity lines of business.
The team reviews existing bases and Terms of Trade, supports proposition development through setting appropriate assumptions, and delivers the biometric element of proposition development.
Key Responsibilities Leading the delivery of individual Basis Development initiatives, including reviews of existing Terms of Trade for both Protection and Longevity as well as the development of new Pricing bases and the biometric elements of new propositions.
Tasks include the initial scoping and project planning of individual initiatives, followed by managing the project to completion.
Directing and checking the work of more junior team members.
Aiding in their development/training with the aim to
Senior Basis Development Actuary in London employer: Munich Re
As a leading insurance provider in Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and transformation. Join us to be part of a team that is dedicated to making a meaningful impact in the insurance industry while enjoying the vibrant lifestyle that Greater London has to offer.
