We care for humankind – and that starts with our peopleOur greatest strength lies not in what we do – but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success. Working at Munich Re gives us access to the depth, breadth, and mindset we want in order to develop our full potential. That’s why a career with us is much more than just a job. It’s an invitation to be your very best and make a positive impact on the world.OverviewDo you enjoy building relationships and working collaboratively in a team setting? As someone with excellent communication, technical and organizational skills, you will utilize exceptional interpersonal and influencing skills across all levels of the organization.We’re looking for our next Senior Actuarial Associate. Could It Be You?Reporting to the Head of Pricing, Treaty Underwriting for Munich Reinsurance of Canada, the Senior Actuarial Associate is responsible for analyzing the profitability of treaty reinsurance treaties, closely working with the underwriting & client management teams to ensure competitive pricing for quote opportunities, and conducting strategic projects to support the management of the treaty portfolio.Lead treaty reinsurance pricing independently by identifying and evaluating key cost drivers, defending pricing assumptions with stakeholders, and overseeing multiple timelines to ensure a smooth treaty renewal processAssess pricing adequacy across varying contract terms and provide pricing recommendations in response to evolving regulatory frameworks (i.E. auto reform)Drive advanced portfolio analytics to identify emerging trends and insights, supporting strategic decision-making and delivering business recommendationsOversee and guide the development, maintenance and enhancement of actuarial models and pricing assumptionsLead strategic projects aligned with business needs,



managing expectations with internal and external stakeholdersSupport reinsurance facultative and primary single risks pricingProvide CAT modelling support by using industry and in-house softwareChallenge the status quo and provide recommendations on areas of improvementProvide peer review and training/mentorship to junior analystsAttend industry seminars and workshops as necessary by businessPerform other ad hoc tasks to achieve the goals and objectives of the companySo are YOU our next Senior Actuarial Associate? You are if…First and foremost, you demonstrate a natural desire to provide exceptional client service through their energy, enthusiasm, and initiative.In addition, we are looking for the following qualifications:Bachelors’ Degree in Actuarial Science, Mathematics or equivalentNear FCAS/FCIA or equivalent actuarial credential is required. Career ACAS with extensive pricing experience would also be considered5+ years of P&C actuarial work experience, prior experience in pricing is required and experience in reinsurance pricing is preferredExcellent working knowledge of MS Excel, PowerPoint, AccessPrograming and modeling experience such as: SQL, Power BI, AIR, RMS considered an assetDemonstrates exceptional actuarial judgement by making technical decisions independently and be self-driven to deliver business insightsProven experience leading projects and provide coaching to junior staffsDemonstrates exceptional communication skills to distill complex technical concepts into clear,



persuasive messages for senior internal and external stakeholdersExcellent interpersonal skills, capable of working independently and as part of a teamIndependently prioritizes competing tasks and remains flexible in adapting to changing work demandsIn addition to an exciting job opportunity, we offer the following…You will be exposed to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners.A comprehensive total rewards financial program which includes extensive flexible benefits and pension.A hybrid work environment in an inspiring physical workplace setting.Educational Assistance Programs that continue to recognize your on-going success.Munich Re Canada 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.Our base salary range for this role is between $112,450 and $145,640 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.#J-18808-Ljbffr

📌 Senior Actuarial Associate - C$112,450 - C$145,640 A Year (Winnipeg)
🏢 Munich RE
📍 Winnipeg