Title:  Actuarial Data Analyst

Job ID:  9978
Location: 

Singapore, 01, SG

Facility:  Munich Re
Description: 

Munich Re Group is one of the world's leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net worth individuals to pandemics, we take care of risks so our clients can take care of their businesses.

We are looking for an Actuarial Data Analyst to support the Southeast Asia, Life and Health In-Force Management and Terms of Trade team at Munich Re Singapore.

In this role, you will combine actuarial knowledge with data analytics skills to analyze experience data using tools like Python, SQL, Power BI, and Databricks. You will be supporting the Key Treaty Monitoring (KTM) project, which tracks treaty performance and generates actionable insights to drive key business decisions.

You will also conduct investigations on loss ratios, claims experience, respond to ad-hoc data queries, and collaborate closely with other teams to support ongoing and prospective treaty discussions.

This role offers an unique opportunity to apply actuarial and data skills in a commercially focused, innovation-driven reinsurance environment.

Your Role

  • Analyse treaty terms and product features in collaboration with actuarial and accounting teams to ensure accurate interpretation and implementation onto KTM

  • Lead the onboarding of new treaties into KTM, ensuring accurate mappings, data consistency, and validation of results

  • Maintain high data quality by performing comprehensive checks, cleaning, and reconciliations, supporting in-force portfolio management and pricing analysis

  • Design and maintain dashboards on Excel and Power BI, to visualize, monitor, and analyse client data for business decision-making

  • Conduct ad-hoc analyses, including premium reconciliations, claims investigations, and preparation of datasets for experience studies and management reporting

  • Liaise with clients and internal stakeholders to identify, investigate, and resolve data issues, ensuring robust documentation and consistent data standards

  • Review and validate analytical outputs and data processes to ensure accuracy, and uphold high quality output from the team

  • Contribute to innovation efforts, including prototyping and integrating GenAI capabilities using in-house AI platforms and APIs

Your Profile

  • Bachelor's degree in Actuarial Science, with a interest in expanding into data analytics

  • Minimum 3 years of experience in actuarial - related roles; experience in life insurance industry is advantageous

  • Proficient in Excel (can perform complex functions) and SQL, with hands-on experience in data automation and managing large datasets

  • Proficient in data visualization, particularly using Power BI to develop clear and insightful dashboards

  • Strong analytical and problem-solving skills to interpret complex data structures and ensure high levels of data accuracy through validation and reconciliation

  • Detail-oriented with a strong sense of ownership and initiative in driving tasks to completion

Our Benefits

  • Flexible and hybrid working arrangement

  • Generous annual leave allowance

  • Comprehensive dental, life and health insurance coverage

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.


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