Position Overview Join Munich Re’s Corporate Actuarial team to accelerate your actuarial career through mastery of reinsurance valuation and reporting methods. You will develop and use leading-edge models designed for analysis and reporting for the Life & Health Reinsurance business in Canada and US. You will regularly work with other actuarial teams such as Pricing, Accounting, Biometric Research and ERM, while deepening your expertise and exposure to LICAT, IFRS17, and various assignments and projects.
You demonstrate a consistent need for achievement, a solid work ethic and a drive to make a difference. You are also an excellent communicator and thrive working in a high-performing and client focused environment with a desire to make an impact. You have the ability to learn quickly, synthesize and implement solutions, and explain technically challenging concepts to other actuarial teams and senior management. If this sounds like a challenge, this is the right role for you.
Your Role Lead and coordinate the preparation and review of IFRS reserves, OSFI regulatory exhibits, and LIMAT returns with a high level of accuracy and analytical depth
Support the development and review of materials for senior management by ensuring accuracy of financial figures and clarity in the explanation of results and key drivers
Communicate and present valuation results and key considerations to internal stakeholders, with potential exposure to senior management teams under the CFO
Oversee and contribute to the maintenance and enhancement of financial reporting systems and processes to accommodate new treaties, regulatory changes, and efficiency improvements
Manage and review analyses supporting LIMAT reporting, Financial Condition Testing (FCT), business planning, Solvency II reporting, and Value of New Business (VNB) assessments
Enterprise Risk Management (ERM) to ensure alignment and support across business functions
Support the model and assumption change process, which includes monitoring our biometric assumption experience and proposing changes in the valuation assumptions as needed.
Ensure a clear understanding of corporate and departmental objectives while providing guidance, training and mentorship to junior employees.
Collaborate with cross-functional teams such as Pricing, Accounting, Reinsurance Operations,



and Biometric Research.
Your Profile University Degree in Actuarial Science, Finance, Statistics, or Mathematics.
FSA/FCIA qualification
Prior experience in the Life and Health insurance/reinsurance industry.
Advanced proficiency in Excel and other Microsoft Office applications.
Experience with AXIS and Datalink; SQL
Strong analytical and financial modeling skills, with the ability to manage complex calculations.
Superior attention to detail and accuracy.
Strong problem solving and organization skills.
Excellent communication skills as demonstrated in general conversation, clear, complete responses to internal and external clients, formal presentations and written documents.
Ability to establish and maintain good working relationships with other departments.
Demonstrated flexibility and effectiveness working under tight timelines.
Demonstrated ability to adapt in a dynamic environment
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.
Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.
What Can We Offer You? An engaging and collaborative environment that promotes continuous learning and development




A hybrid work environment that combines weekly in-office and remote days
A great compensation package including annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
Maternity, Parental & Adoption Leave top-up program
Employee Referral Program, Recognition & Rewards Platform
Compensation Our base salary range for this role is between $138,000 and $184,000 per year, 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 internal equity.
Location and Work Model This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.
Recruitment Process We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.
Contact Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.
Equal Opportunity Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact [email protected] as soon as practical so that suitable accommodations can be arranged.

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📌 Workflow Coordinator (Ontario)
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