Actuarial Professional

3 hours ago


Mumbai, Maharashtra, India Munich Re Full time

We are seeking a skilled Actuarial Analyst to support the Head of Pricing in generating reinsurance quotes, pricing reports, and reinsurance treaties for the South Asian market.

Key Responsibilities
  • Perform detailed actuarial analysis to price and monitor current Group Life portfolio, aiming to generate profits in line with targets.
  • Develop a thorough understanding of Munich Re's clients, life insurance markets in India and Sri Lanka, and worldwide developments.
  • Prepare reinsurance quotes for Group business, ensuring accuracy and efficiency.
  • Support the Head of Pricing and Chief Actuary in delivering allocated projects related to actuarial activities.
  • Assist in developing pricing research and reviewing pricing parameters to optimize results.
  • Collaborate in developing analytical tools and actuarial models to extract maximum value from available information.
  • Contribute to producing high-quality internal management information and reports to inform decision-making processes.
Requirements
  • Actuarial Student with 3-4 actuarial exams cleared (CM1, CS1, and CS2 preferred).
  • 0-1 year experience or internship in the life insurance or actuarial domain.
  • Strong computer skills, including Microsoft Office applications (Excel, Word, PowerPoint).
About Munich Re

Munich Re is one of the world's leading providers of reinsurance, primary insurance, and insurance-related risk solutions. With a rich history dating back to 1880, we have been driving innovation in risk assessment and expanding our products and services as new forms of risk emerge.

We operate across Asia Pacific, Middle East, and Africa, providing global career development opportunities and prospects to over 1900 team members in 20 locations. Our presence in the Indian market began in 1951, and we established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka, and Bangladesh.



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