Actuary, Individual Life Pricing

Munich Re Atlanta , GA 30301

Posted 3 weeks ago

Responsibilities:

  • Evaluate reinsurance opportunities. The successful candidate will be able to use sound actuarial principles within our pricing framework to develop reinsurance solutions for our clients. The incumbent must be able to understand client's reinsurance needs, set assumptions and be able to defend them upon review, and determine an appropriate price in given our profit targets and the client's needs.

  • Work with marketing representatives on pricing terms for existing business. This will require an understanding of the initial pricing analysis and current client situation.

  • Assist marketing representatives and treaty staff on treaty terms. This will require an understanding of reinsurance structures and treaty provisions, and an ability to collaboratively work with key stakeholders to align risk tolerance and standards.

  • Discuss and collaborate with internal stakeholders a deal's pricing terms, conditions, and assumptions. Meet with and discuss key risks with clients to align pricing and risk frameworks. Ability to communicate and explain technical concepts at a level appropriate for intended audience.

  • Participate in enhancing pricing methodologies and processes. This will require an ability to analyze the day-to-day process and the overall quality of the pricing methods, with an eye towards continuous improvement.

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Actuary, Individual Life Pricing

Munich Re