About this opportunity
Munich RE lists this Actuarial Associate opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Actuarial Associate - Living Benefits (LB) Valuation
Location: New York, NY
About Corporate Actuarial - Valuation
Corporate Actuarial produces reserving and financial metrics across IFRS 17, US Stat/Health, and Solvency II. The team delivers accurate, forwardlooking financial information that supports senior management, Finance, ERM, Pricing, auditors, and regulators. Results from valuation drive thought leadership and informed decisionmaking across the organization.
The Role
This role will be a member of the Living Benefits (LB) Valuation team, which handles Individual Disability (IDI) and/or Long Term Care (LTC) reporting.
The Actuarial Associate's primary responsibility is to support actuarial production activities for the Corporate Actuarial team, including valuation support, data analysis, process documentation, and recurring reporting deliverables.
Responsibilities
Production Support and Valuation:
Assist with periodic actuarial valuation and production processes, including data preparation, model support, results review, and preparation of recurring reporting materials.
Support the team in producing accurate, timely, and well-documented deliverables under established procedures and controls.
Data, Analysis, and Documentation:
Perform data analysis and quality checks to support valuation, reporting, assumption review, and ad-hoc business needs.
Maintain clear supporting documentation for production processes, assumptions, data checks, and work products.
Assist with enhancements to recurring tools, templates, and processes to improve efficiency, consistency, and controls.
Projects and Team Support:
Support team members with production tasks, management requests, audit support, and other actuarial projects as needed.
Contribute to a collaborative team environment by asking thoughtful questions, learning production workflows, and building actuarial and technical skills over time.
Your profile
near ASA and commitment to earning ASA with desire to continue exam progression towards FSA.
Minimum 2 years of experience
Bachelor's degree in mathematics, quantitative discipline, actuarial science, or related field
Strong analytical, problem-solving, and organizational skills, with attention to detail and willingness to learn production processes.
Ability to communicate results clearly, manage multiple tasks, and work effectively with team members and business partners.
Proficiency with Microsoft Office programs, particularly Excel; programming or data analysis experience (i.e. SQL) is preferred.
Life insurance product knowledge including product design, features, and risks preferred
Valuation or Financial Reporting experience preferred
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.