Reserving Actuary
Munich Re - Princeton, NJ
Hiring: Reserving Actuary Company: Munich Re Location: Princeton, NJ Job Posted Time: 2026-09-10 11:51:25 Target Skills & Keywords : Change Management, Data Warehouse, Project Management, Risk Management, Stakeholder Management About the job Required Skills: •Future focused and always one step ahead! •We’re adding to our diverse team of experts and are looking to hire an Actuary to enrich our Global Specialty Insurance United States (GSI US) Business Unit Reserving team within Corporate Reserving. •Building trusted relationships with the GSI Business Unit and key stakeholders to foster open communication, align different interests, and enable effective collaboration across a complex global organization •Acting as the interface between Corporate Reserving and the GSI Business Units, Claims, and Finance functions involved in the actuarial control cycle, both locally and globally •Enhancing reserve analyses by working with the business unit to understand strategy, portfolio performance, and trends within the marketplace •Taking ownership of assigned reserve reviews and actuarial analyses, including actual vs. expected comparisons, focused portfolio analyses, assumption setting, documentation, and communication of key drivers •Translating reserving results into actionable business insights by explaining the combined impact of strategy, portfolio performance, external factors, and reserving decisions on financial results •Understanding IFRS17 concepts and results at a level sufficient to interpret their relevance for reserving analyses and business discussions Qualifications: •Bachelor’s degree in economics, mathematics, actuarial science or a similar qualification with a strong quantitative focus; Masters or MBA preferred •Credentialed Actuary (CAS or comparable) •Excellent quantitative and analytical skills with emphasis on practical application •Strong verbal and written communication skills, including the ability to explain technical concepts to non-technical audiences •Demonstrated capacity to combine actuarial expertise with business judgment, stakeholder management, and clear communication •Strong project management, process optimization and change management skills •The Company is open to considering candidates in Princeton, NJ. The salary range posted below applies to the Company’s Princeton location. •The base salary range anticipated for this position is •Plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). •Two options for your health insurance plan (PPO or High Deductible). Compensation: •$144,600 - $192,800 / year •Plus opportunity for company bonus based upon a percentage of eligible pay Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!