Actuarial Associate ASA, Biometric Research

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.

• 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

• 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

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.

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• 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…