Position Overview
You are an actuarial candidate that is passionate about experience studies and making data driven assumptions about what will happen in the future. As an Actuarial Associate in the Biometric Research department, you will perform experience studies, develop assumptions, and work on research projects across multiple lines of business in both Canada and the United States. You will report to the Director, Biometric Research and work alongside actuaries within the team as well as those in other departments in order to develop your skills and deliver high quality results. You can expect to learn skills in data analysis & transformation, experience analysis, and assumption construction while working with some of the largest and richest datasets in the North American insurance industry.

Your Role

Contribute to the build, analysis, and presentation of mortality/morbidity/lapse experience studies for individual life, living benefits, and group insurance products

Assist in the development of new business assumptions focused on mortality/morbidity/lapse bases in both Canada and the United States

Support the Pricing teams by providing and reviewing client focused experience studies for new business quotes and inforce transactions

Participate in North American and global Biometric Research special projects and initiatives

Collaborate extensively with other departments including Pricing, Corporate Actuarial, Reinsurance Operations, Risk Management, and Integrated Analytics on studies, assumptions, and research

Continually review and improve the experience analysis and assumption development processes

Provide technical peer reviews for other team members

Your Profile

University Degree in Actuarial Science, Finance, Statistics, and/or Mathematics





Completed ASA and progression towards FSA

2+ years actuarial experience, preferably the Individual Life and Health insurance/reinsurance industry

Strong technical proficiency and data analysis capabilities

Proven ability to build and maintain effective working relationships with clients and/or colleagues

Excellent communication skills demonstrated through clear verbal interactions and well-structured written documents

Superior attention to detail and accuracy

Strong problem solving and organizational skills

Ability to work effectively under tight deadlines

Adaptability in fast-paced and dynamic environments

Proficiency in Excel and experience with other Microsoft Office applications

Knowledge of SQL, R, and/or Python is an asset

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 with Meeting-Free lunch hours and Focus Friday afternoons

A great compensation package including annual company bonus

Market leading company-paid flexible health and dental benefits, starting on your first day

Adaptable 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 5% 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

Our base salary range for this role is between $85,785 and $114,345 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.

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.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

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

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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📌 Actuarial Associate with ASA, Biometric Research (Ontario)
🏢 Munich RE
📍 Ontario