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MunichrePosted 1 month ago

Actuarial Associate with ASA, Biometric Research

$85,785–$85,785 year

HybridToronto, Ontario, Canada

Full TimeEntry LevelEnterprise

Job Summary

Actuarial Associate in Munich Re’s Biometric Research department (Toronto hybrid) focused on experience studies and assumption construction across Canada and the United States. Contribute to mortality/morbidity/lapse experience studies for individual life, living benefits, and group insurance products; develop new business assumptions; support Pricing with client-focused experience studies for quotes and inforce transactions; participate in NA/global Biometric Research projects; collaborate with Pricing, Corporate Actuarial, Reinsurance Operations, Risk Management, and Integrated Analytics; provide technical peer reviews and contribute to process improvements. Requires ASA with progression toward FSA, 2+ years of actuarial experience, strong data analysis skills, proficiency in Excel, and familiarity with SQL, R, or Python; capable of clear communication and precise work in a hybrid Toronto setting, with a focus on North American markets.

Required Qualifications

  • 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

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