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Actuarial Data Analyst

1 month ago


Mumbai, Maharashtra, India Munich Re Full time

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

Job Description

The ideal candidate will possess strong analytical skills, excellent computer proficiency, and a deep understanding of actuarial principles. Your primary responsibilities will include:

  • Performing detailed actuarial analysis to price and monitor current Group Life portfolio in order to generate profits in line with targets.
  • Developing a thorough and up-to-date knowledge of Munich Re, our Indian and Sri Lankan clients, life Insurance market in these countries, and major worldwide developments.
  • Preparing reinsurance quotes for Group business.
  • Supporting the Head of Pricing and Chief Actuary in delivering allocated projects related to actuarial activities.
  • Assisting in developing pricing research and reviewing pricing parameters.
  • Assisting in developing analytical tools and actuarial models to help obtain maximum value from available information.
  • Assisting in producing quality internal management information and reports to assist the decision-making process.

As an Actuarial Data Analyst at Munich Re, you will be part of a dynamic team that drives the digital transformation of the global insurance landscape. We offer a competitive salary of approximately $60,000 - $80,000 per annum, depending on experience, and a comprehensive benefits package.

Requirements

To be successful in this role, you must have:

  • An 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).

Prior experience with R, SQL, VBA is desirable but not essential. If you have a passion for data analysis and a keen eye for detail, we encourage you to apply for this exciting opportunity.