Munich Re

Manager & Actuary, Chief Pricing Office

Munich Re  •  $179k - $198k/yr  •  United States (Onsite)  •  3 hours ago
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Job Description

As a Manager & Actuary within the Chief Pricing Office, you will be a key contributor supporting the AVP and Director roles by delivering high-quality actuarial analyses, documentation, and monitoring insights that enable disciplined pricing and risk-appropriate value creation. You will work across pricing, valuation, finance, and risk partners to help execute CPO frameworks and provide independent challenge on deals and portfolio performance.

This role is well-suited for a near or newly credentialed FSA who is ready to broaden deal exposure, strengthen governance and technical judgment, and grow leadership skills through ownership of workstreams and collaboration with senior stakeholders.

Responsibilities

Deal Support & Independent Challenge

  • Support deal reviews by preparing analyses, sensitivities, and clear documentation of key assumptions and limitations
  • Identify key value drivers and risk exposures; surface questions and observations for escalation to Director/AVP
  • Partner with pricing teams to ensure alignment to CPO frameworks, guardrails, and profitability metrics

Frameworks, Assumptions & Governance Enablement

  • Maintain assumption documentation, model change logs, and governance artifacts that support consistency and auditability
  • Contribute to experience studies, market scans, and research that inform standard assumption updates
  • Support training materials and communications to help business lines adopt CPO standards

Monitoring, Analytics & Reporting

  • Develop and refresh pricing KPIs and monitoring dashboards; investigate variances and emerging trends
  • Support deep dives on underperforming blocks or transactions by preparing data, analysis, and summaries
  • Translate findings into concise insights and draft recommendations for review by Director/AVP

Tools, Process Improvement & Collaboration

  • Improve repeatable tools, templates, and processes that enable efficient and consistent deal review and monitoring
  • Collaborate effectively with Pricing, Valuation, Finance, ERM, and business partners to deliver work on tight deadlines
  • Demonstrate strong written communication by producing clear memos, summaries, and presentation materials

Qualifications

  • FSA required
  • 5+ years of actuarial experience, preferably with exposure to pricing, product, or reinsurance
  • Strong analytical skills and attention to detail; ability to learn complex products and deal structures quickly
  • Comfort working with actuarial models, data, and profitability metrics; ability to explain results clearly
  • Demonstrated initiative, strong organization, and ability to manage multiple priorities under deadlines

Our Benefits

  • Comprehensive Medical Plans
  • PTO and Family Leave
  • Retirement Savings Plans
  • Dental and Vision Plans
  • Life and Disability insurance
  • Employee Assistance Program
  • Adoption Assistance
  • Wellness Programs - Calm, WW, SoFI, Virgin Pulse
  • Commuter Benefits
  • FSA and HSA Plans
  • Hospital Indemnity, Critical Illness and Accident Plans

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

For New York City based employees, the base salary range anticipated for this position is $179,000 to $198,000, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Munich Re

About Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Munich, DE
Year Founded
Unknown
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