Actuarial Analyst, Reserving

About Us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals. Please see our website for more information. Actuarial Analyst, Reserving To support the Munich Re Syndicate's reserving function by delivering accurate and timely reserve analyses and models, ensuring robust reserving processes, while acting as a trusted actuarial expert. Responsibilities

• Support the Best Estimate and Syndicate reserving processes by producing, reconciling, and analysing results on both gross and reinsurance bases;
• Prepare and present reserving results and relevant information for quarterly reserving meetings and the Reserving Sub Committee;
• Run and review allocation of reserving outputs to meet various internal and regulatory reporting requirements, which at times can be time pressured.
• Support team members in dealing with requests and queries from stakeholders across the business.
• Monitor the Syndicate's claims experience through actual versus expected analyses and document findings for review.
• Maintain and enhance actuarial reserving models, including annual updates of reserving parameters (gross and reinsurance), model development for new business classes, and support implementation of new reserving techniques.
• Assist as required with wider reserving tasks such as the annual reserve report, benchmarking exercises and deep-dive reserving investigations;
• Contribute to other Reporting and Reserving tasks as needed;
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders. Knowledge and Skills
• Mathematics or Actuarial Background
• 2+ years of experience, ideally within an actuarial reserving role;
• Highly developed mathematical / statistical knowledge;
• Willingness to further increase knowledge of Reserving and Reporting related matters and key market topics and develop technical and management skills; Diversity, Equity & Inclusion All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Learning and innovating today, striving for sustainable societies and business tomorrow Learn more about sustainability at Munich Re – choose your impact!