In this role you will be responsible for structuring and pricing tailor-made alternative reinsurance solutions based on financial engineering techniques by performing risk and profitability analyses of life insurance and reinsurance products as well as in-force portfolios.
Provide actuarial support to the marketing team in the new business acquisition process
Produce regular and one-off pricing quotations for life reinsurance transactions
Analyse policy data, model life insurance products and generate cash flow projections for new life reinsurance transactions
Perform risk and profitability analyses of life insurance and reinsurance products as well as in-force portfolios
Use statistical software for stochastic mortality and longevity modelling
Develop, use and improve further methodological and technical pricing and modelling tools, combining traditional actuarial techniques and financial mathematics tools
Develop appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects
Provide technical expertise in the context of client meetings and strategic projects
University degree in mathematics, actuarial science, business economics or a related field
At least 3-5 years’ experience in life insurance or reinsurance, corporate finance, investment banking or financial institution consultancy
Experience in pricing and structuring bespoke reinsurance contracts and financial derivatives, or in insurance mergers and acquisitions
Knowledge of stochastic/statistical techniques and financial mathematics
Knowledge of international accounting and regulatory frameworks in the context of the life insurance industry
Proficient in developing practical and efficient solutions from theoretical knowledge
Proficient in MATLAB and Microsoft Office tools
Good analytical and communication skills
Good team player and able to work independently, reliably and consistently
Creative, flexible and open to new approaches
Proactive and innovative in solving problems
High personal integrity and strong sense of responsibility
Strong English language skills (Spanish, German or French desirable)
NewRe stands for intelligent reinsurance solutions. We serve our clients responsively - with open minds and a refreshing attitude. Our employees are our key asset. We love challenges and flexibly bundle our skills, experience and personalities to deliver outstanding results. Being part of the Munich Re Group, the leading international risk carrier in the field of reinsurance, we combine financial strength with the efficiency and creativity of a medium-sized reinsurer. Excellent opportunities providing you with the scope to realise your full potential await. We look forward to receiving your application by clicking on the button "Apply online".
