Actuarial Analyst, Reserving

Overview

In this role you will support Munich Re Syndicate’s reserving function by delivering accurate reserve analyses and maintaining reserving models. You will present results at quarterly meetings and ensure timely reporting while handling time-pressed requests from stakeholders. You will monitor claims experience with actual vs expected analyses and contribute to annual reserve reports and benchmarking. You work within a collaborative, inclusive culture focused on robust risk management and delivering best outcomes for customers.

Responsibilities

• Support Best Estimate and Syndicate reserving processes with analysis of gross and reinsurance results
• Prepare and present reserving results for quarterly meetings and Reserving Sub Committee
• Run and review allocation of reserving outputs for internal and regulatory reporting
• Support stakeholders across the business with requests and inquiries
• Monitor claims experience through actual vs expected analyses and document findings
• Maintain and enhance reserving models, update parameters, and develop models for new business classes
• Assist with annual reserve report, benchmarking, and deep-dive investigations
• Contribute to other Reporting and Reserving tasks and promote good Conduct

Key requirements

• Mathematics or Actuarial Background
• 2+ years of experience in an actuarial reserving role
• Strong mathematical/statistical knowledge
• Willingness to deepen knowledge in Reserving and Reporting topics and develop technical and management skills

• Analytical thinking
• Stakeholder communication
• Proactive learning mindset
• Actuarial reserving
• Model development and maintenance
• Actual vs. expected analysis

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