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Senior Valuation Actuary (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 13144 Company Munich Re Employment type Regular Area of expertise Actuarial & Risk Management
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How can we use our financial data to drive success of Life and Health under Ambition 2030? This is the key question driving the Strategic Finance and Regional Steering team within our Life & Health division. Our goal is to be true strategic partners to the Life & Health business units, providing insights and analytics that empower the regional management team to make informed decisions and drive strategic initiatives within our region. The team is responsible for coordinating the regional aspects of financial steering and translating management reporting into actionable insights.

We are recruiting for a role to lead the regional finance project management hub and provide portfolio insights to support our Life & Health division decision-making. The role will coordinate finance-led initiatives across systems and processes, support business case development and benefit tracking, and strengthen the enabling infrastructure used in management reporting and strategic discussions. Alongside this, the role will provide targeted performance insights on the Life & Health in-force portfolio by linking results to key drivers and translating these into clear messages, and agreed actions.

The ideal candidate will be a self-motivated actuary with excellent communication skills, who thrives in a collaborative environment and is driven by curiosity and adaptability. The successful candidate will demonstrate creativity in problem-solving and a passion for leveraging financial insights to drive strategic growth and innovation within our region.

Your Job

Regional finance project management hub

  • Lead and coordinate Life & Health finance-led projects across systems and processes, including cross-hub stakeholder coordination and project governance 
  • Support business case development for business and IT initiatives, including transparent tracking of spend and benefit realisation against business case assumptions 
  • Implement a structured intake and prioritisation approach to maintain a pipeline of regional finance initiatives and focus capacity on the highest-value work

In-force management & performance steering

  • Provide targeted in-force portfolio insights by linking results to underlying performance drivers, assessing experience against expectations, and highlighting divergence from assumptions to support steering and remediation priorities
  • Shape investment and prioritisation discussions by translating financial trade-offs, options and constraints into clear recommendations

Business partnering & strategic influence

  • Act as an extension of the regional finance leadership by providing decision support and scenario analysis, constructively challenging plans and forecasts 
  • Build and maintain strong relationships across local finance teams (valuation, accounting, finance business partners) and business teams (pricing, client management) to ensure early alignment and clear communication of financial insights 
  • Support coordination of consistent Life & Health finance deliverables across reporting metrics and cycles (IFRS 17/9, Solvency II/VBM, management reporting from early indication to final results), aligning inputs, timelines and communications 
  • Develop and improve enabling infrastructure (dashboards, management reports, steering packs) to support management reporting and strategic discussions 
  • Act as a role model and mentor, fostering a culture of knowledge sharing and continuous improvement within the division and cross-functional teams

Your Profile

  • University degree with a strong quantitative focus or commercial training with a focus on accounting and insurance
  • Actuarial qualification from an internationally recognised body
  • Several years’ experience leading or delivering cross-functional transformation or change initiatives, including project management, stakeholder alignment and coordination, and influencing senior audiences
  • Strong finance and performance management background (FP&A, finance business partnering, or actuarial finance) with the ability to translate financial outcomes into clear business insights and actions 
  • Excellent analytical and problem-solving skills, with strong planning and organisational skills and the ability to explain complex issues in an understandable way 
  • Strong network-building and interface management skills across functions and geographies 
  • Data-driven, independent, inquisitive and collaborative with strong customer focus and a solution-oriented mindset 
  • Strong command of spoken and written English

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 16,000 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
Lisa Schneider
Talent Acquisition Partner

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

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