Actuarial Associate

5 days ago

Toronto, Canada Munich Re Full time

Actuarial Associate – Global Actuarial Consulting Group (GACG) Join the Global Actuarial Consulting Group (GACG) and be a driving force in actuarial excellence for Munich Re’s global reinsurance business. As a member of GACG, you will play a key role in delivering high‑impact actuarial solutions to internal clients across the globe, working on model development, pricing analysis, experience studies, valuation and financial reporting in key markets such as Canada, the U.S., the U.K. and Germany. You will collaborate with cross‑functional teams and stakeholders across Munich Re to deliver solutions on high‑visibility assignments. Responsibilities Design and develop actuarial models for unique, region‑specific reinsurance structures. Build pricing models for new quotes for region‑specific business. Perform experience studies and develop actuarial assumptions. Analyze and visualize data to present insights to key stakeholders. Perform valuation and reporting under various bases. Develop surveys and analyze results for industry publications. Support risk analysis and regular sensitivity testing of financial results. Support global teams with ad‑hoc requests and secondments. Qualifications University degree in Actuarial Science, Finance, Statistics or Mathematics. ASA or progression towards FSA. 3+ years of actuarial experience in the Canadian life and health insurance/reinsurance industry. Strong problem‑solving, organization and attention to detail. Excellent communication skills. Experience with AXIS, SQL and/or Python is an asset. Ability to travel internationally is an asset. About Munich Re Munich Re is a world‑leading reinsurance company with more than 40,000 employees in over 50 locations worldwide. We recognize diversity, inclusion and belonging as a key priority and invest strategically in world‑class talent, offering a work experience that promotes professional development, innovation and rewards high performance. Benefits Hybrid work environment combining weekly in‑office and remote days. Great compensation package including annual company bonus. Company‑paid flexible health and dental benefits starting on day one. Company‑paid Health Spending Account and/or Wellness Spending Account. Immediate participation in DC pension plan with employer contribution. Generous time off including vacation and statutory holidays. Unlimited access to LinkedIn Learning and other development programs. Maternity, parental and adoption leave top‑up program. Apply We thank all candidates for their interest. Qualified applicants with a disability will receive reasonable accommodations throughout the recruitment process. #J-18808-Ljbffr

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