Regional Actuary

Location:

Singapore, 01, SG

Job Type: Full-Time

Work Mode: Hybrid

Job Level: Professional

Job ID: 12368

Company: Munich Re

Employment Type: Regular

Area of Expertise: Actuarial & Risk Management

Description:

This role is based within Munich Re (“MR”) Life and Health Regional Structured Solutions team and offers a dynamic and intellectually stimulating opportunity to work at the forefront of innovative Structured Solutions transactions in the Asia Pacific, Middle East & Africa regions. Reporting to the Head of Structured Solutions, this position provides hands-on exposure to complex, high-impact deals, close collaboration with experienced professionals across regions, and the chance to contribute meaningfully to bespoke solutions for sophisticated clients. It is well suited for individuals who are motivated by analytical challenges, enjoy deal-driven work, and are eager to develop deep expertise in structured reinsurance solutions within a global, market-leading organization.

Your Role

Strategic

Analyse the selected market in conjunction with the local offices to determine possible Structured Solutions opportunities, and segment clients with a focus on the best potentials

Maintain knowledge of latest developments in the markets

Structuring

Contribute to establish the best structure for meeting client’s need, taking into account local and parent accounting requirements, local regulatory environment, and specific client capital, tax, volatility issues, as well as MR structural advantages

Pricing

Perform/review the necessary pricing tasks, including understanding the products covered, studying the underlying data, support experience investigations, setting pricing assumptions, and constructing pricing models

Price/review proposed Structured Solutions deal to ensure that all risks are appropriately considered and MR’s pricing targets are being met

Draft treaties in a clear and concise manner

Liaise with the local offices, the other relevant MR internal stakeholders and the clients as deem appropriate

Deal Approval

Prepare/review the deal submission documents to the relevant internal stakeholder to ensure that each proposed Structured Solutions deal is thoroughly reviewed and vetted by the regional office, and depending on the size, by head office

Work closely with the various internal stakeholders as required so that their needs are met and a successful internal approval can be received in a timely manner

In-force Management

Assist in any regular or ad-hoc in-force management projects and tasks when required

Your Profile

Qualified Fellow, or with good progress toward Fellowship qualification of a recognised actuarial body (FSA, FIA, FIAA, or equivalent)

Up to 5 years of actuarial experience in direct insurance, reinsurance or consulting

Highly motivated, proactive team player with a collaborative mindset

Working knowledge of Solvency II, IFRS & RBC is an advantage

Strong technical capability and hands-on experience with spreadsheets, including complex functions and modelling

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