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Actuarial System Engineer (m/f/d)* - Limited to March 2026 job in München

Vacancy has expired

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München Munich Re

Job Ref:  2287
Employer:  Munich Re
Sector:  Reinsurance
Risk Management
Qualifications:  Part Qualified Actuary
Software:  Prophet
SQL
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  Germany
City:  München
Post Code:  Not specified
Map: 

Description

The Center of Competence Best Estimates & Pricing develops reinsurance pricing tools (pricing landscape), methodology, and biometric assumptions for Life and Health business in Europe and Latin America.

We excel in keeping actuarial assumptions and methods for life and health insurance up to date. We leverage our close cooperation with experts on markets, risk management, data and medical science as well as with our international colleagues within Munich Re's global Life and Health units. We provide the market teams with state of the art infrastructure and standards for quantitative and qualitative assessments of tailor-made reinsurance pricings for new business opportunities and monitoring of our in-force portfolio. We're thus ensuring essential support for our successful business development and quality assurance of our reinsurance portfolio.

We are looking to recruit an individual for our team for the development and maintenance of our Pricing tools. The successful candidate will focus on infrastructure and IT related topics and interfaces besides supporting and consulting the pricing units working with our pricing tools.

Please note that this position is limited to March 2026.

YOUR JOB
  • Partner with IT and pricing colleagues to manage product roadmaps and backlogs for our Pricing Landscape; take an active role in the delivery processes consisting of requirements discovery, solution design, user story writing, feature development, user acceptance testing, sign-off procedures and deployment together with colleagues from Client pricing and IT
  • Cooperate with subject matter experts in pricing and IT to identify key capabilities required as well as potential risks & issues and support the implementation of measures required together with IT
  • Support and consult pricing units with structuring and modelling of reinsurance contracts and perform stochastic reinsurance pricings to support business decisions.
  • Ensure stable operations of our Pricing landscape with focus on data base and infrastructure administration but also evaluation and monitoring of product compliance and performance to facilitate continuous improvement
  • Drive & particiate in agile projects and initiatives relevant to our business strategy


YOUR PROFILE
  • Very good university degree in mathematics, computer science or similar qualification
  • Membership in the DAV or a comparable foreign Association of Actuaries would be desirable
  • Experience of IT development or IT product management in a regulated industry such as Financial Services
  • Comprehensive Experience with SQL databases and/or development with C#, JAVA or similar
  • Knowledge of Azure DevOps and PowerShell or similar is a plus
  • Knowledge of insurance modelling software AXIS, Prophet or similar helpful
  • Demonstrated work experience with agile methods, Scrum certification is strongly preferred
  • Excellent analytical skills, ability to understand and explain complex topics
  • Creative solution developer
  • Strong customer orientation, high accountability and motivation
  • Strong presentation, communication and training skills
  • Fluency in Business English, fluency in German is a plus


About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That's why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential
  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.


Rewards & Recognition
  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements.
  • Hybrid working: living the best of both worlds - we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.


* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft
Katharina Schlechter • HR Consultant
Königinstraße 107 • 80802 München • GERMANY
ref: (2287)
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