Munich Re

AVP & Marketing Actuary

Munich Re$262K — $289K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • FSA designation with a solid actuarial foundation.
  • 8+ years of experience in life insurance or reinsurance.
  • Experience in pricing and product development is preferred.
  • Comprehensive understanding of actuarial assumptions.
  • Strong business acumen to translate market needs into actionable solutions.
  • Excellent communication and stakeholder engagement skills, with client engagement experience preferred.
  • Experience in fast-paced, collaborative environments.

Responsibilities

  • Manage and cultivate relationships with existing and prospective clients.
  • Drive the development of innovative and client-focused reinsurance solutions.
  • Translate client challenges into actionable pricing strategies.
  • Collaborate with senior leaders to execute strategic pricing initiatives.
  • Work with pricing teams to establish competitive rates.
  • Leverage data and analytics for decision-making and insights generation.
  • Lead mentoring efforts for junior actuaries to foster team development.

Benefits

  • Two health insurance plan options (PPO or High Deductible).
  • Prescription drug coverage included in health insurance plans.
  • Vision and dental insurance plans available.
  • Additional insurance coverages, such as basic life insurance and AD&D at no cost.
  • Short and Long-Term Disability coverage provided.
  • Extensive 401k plan with up to 6% employer match.
  • 24 days paid time off annually, increasing with service milestones.
  • Eligibility for annual bonuses as a Munich Re employee.
  • Variety of health and wellness programs, including fitness reimbursement.
  • Tuition assistance and educational bonuses offered.
Full Job Description
AVP & Marketing Actuary Individual Life Reinsurance and Pricing

We are seeking a dynamic and client-focused AVP & Marketing Actuary to support the Individual Life Reinsurance team in driving new business pricing initiatives. This role partners closely with internal stakeholders and clients to deliver innovative, data-driven reinsurance solutions to grow our business.

Your Impact

  • Manage existing and build new relationships with clients.
  • Drive innovative, client-focused reinsurance solutions by anticipating market trends and client needs.
  • Support commercial engagements by translating client challenges into actionable actuarial and pricing strategies.
  • Collaborate with senior leaders to execute strategic pricing and growth initiatives.
  • Work with pricing teams in both strategic and technical capacities to set rates.
  • Apply product and pricing expertise to structure competitive and profitable reinsurance deals.
  • Leverage data and analytics to generate insights and improve decision-making.
  • Lead or contribute to cross-functional initiatives to enhance delivery efficiency and coordination.
  • Mentor and lead a team of junior actuaries and contribute to team development.
  • Develop thought leadership for Munich Re and participate in industry events


Your Profile

  • FSA designation with strong actuarial foundation.
  • 8+ years of experience in life insurance or reinsurance.
  • Demonstrated experience in pricing and product development preferred.
  • Well-developed understanding of actuarial assumptions.
  • Strong business acumen with ability to translate market needs into solutions.
  • Excellent communication and stakeholder engagement skills. Experience with client engagement preferred.
  • Experience working in fast-paced, collaborative, high-performance environments.


  • Two options for your health insurance plan (PPO or High Deductible).
  • Prescription drug coverage (included in your health insurance plan).
  • Vision and dental insurance plans.
  • Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
  • Short and Long-Term Disability coverage.
  • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
  • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).


In addition to the above insurance offerings, our employees also enjoy:

  • A robust 401k plan with up to a 6% employer match
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
  • Eligibility to receive a yearly bonus as a Munich Re employee.
  • A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement.
  • Paid time off for eligible family care needs.
  • Tuition assistance and educational achievement bonuses.
  • A corporate matching gifts program that further enhances your charitable donation.
  • Paid time off to volunteer in your community.


For New York City based employees, the base salary range anticipated for this position is $262,000 to $289,000, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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