ACTUARY - Insurance

Join the Global Actuarial Consulting Group (GACG) and be a driving force in actuarial excellence for Munich Re’s global reinsurance business. This is an opportunity to work on a wide range of strategic and technical projects such as model development, pricing analysis, experience studies, valuation and financial reporting in key markets including Canada, the U.The level and scope of the position will be tailored to your experience, including your technical expertise and leadership capabilities.

GACG consultants have the opportunity to work on a diverse set of projects for a wide range of global clients, including but not limited to:
Building pricing models for new quotes for region-specific business.
Analyzing and visualizing data to present insights to key stakeholders.
Developing surveys and analyzing results to be used in industry publications.
Supporting risk analysis and the regular sensitivity testing of financial results.
In addition, Senior Actuarial Associates are expected to:
Lead aspects of project workstreams and effectively delegate and review work.
Sample internal clients of GACG include Individual and Group Pricing, Corporate Actuarial, Financial Reinsurance, Biometric Research and Enterprise Risk Management.

University Degree in Actuarial Science, Finance, Statistics, or Mathematics.

• 3+ years actuarial experience in the Life and Health insurance/reinsurance industry.
• Experience with AXIS, SQL, and/or Python is an asset.
• Ability to travel internationally is an asset.

Together, we engage with everything we have and are, to help humankind act braver and better.
As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.
A hybrid work environment that combines weekly in-office and remote days with Meeting-Free lunch hours and Focus Friday afternoons
A great compensation package including annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Maternity, Parental & Adoption Leave top-up program
Our base salary range for this role is between $116,324 and $128,569 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact View email address on careers.munichre.com.