Munich Reinsurance America, Inc
Life Actuarial Assistant (2026 New Grad Permanent - New York)
Munich Reinsurance America, Inc, New York, New York, us, 10261
Overview
Life Actuarial Assistant (2026 New Grad Permanent - New York)
Company
Munich Re Life US
Location
New York, United States
Position
Life Actuarial Assistant (2026 New Grad Permanent - New York)
Anticipated Start Date
2026 - upon graduation
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, Equity, and Inclusion 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.
Position Overview The Actuarial Assistant program at Munich Re is a rotational program designed to provide you with a strong foundation in the field. Departmental placements will be made closer to your start date based on internal business needs. The rotations will enable you to enhance your technical skills while gaining a holistic perspective of our business; better positioning you towards greater leadership opportunities in the future. Within the rotations, you will be engaged in meaningful actuarial projects with a variety of teams while working towards your FSA designation - with the support of the organization. Placement and rotational opportunities involve numerous departments, some of which are listed below.
Rotational Opportunities
Biometric Research: You will help with the completion of experience studies and assist with quote reviews for different lines of business (Life, Longevity, Long Term Care). You will analyze mortality and persistency trends and conduct research of key trends within the US general population. You will gain skills through working with large datasets, balancing multiple projects, and learning from industry experts.
Corporate Actuarial: This team is responsible for providing the financial results of the US Life & Health business. You will collaborate with many functions across the company, provide expertise for calculating policy liabilities, build and manage actuarial models, learn current and upcoming regulations, perform analysis, and work with other departments to develop solutions.
Pricing (Individual Life, Group, Living Benefits and Financial Reinsurance): Focus on acquiring and maintaining new business, developing client relations, evaluating product profitability, and understanding key drivers in profitability due to changes in assumptions, reinsurance, industry trends, and product design. You will work on high-impact projects including client strategies, complex models, metric reporting, market research, and quoting.
Qualifications
First and foremost, a natural desire to provide exceptional client service with energy, enthusiasm, and initiative.
Bachelor's or Master’s degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program — in healthy academic standing.
Completion of at least two actuarial exams with demonstrated progress towards ASA designation required.
Relevant work experience, having completed at least one relevant internship or co-op work term.
Excellent communication skills — spoken and written, formal and informal presentations.
Ability to create and manage positive professional relationships with good client service acumen.
Proven capability to multi-task and self-manage multiple priorities and projects of various significance.
Strong organizational skills and rigorous attention to detail/accuracy in a fast-paced environment.
Demonstrates leadership qualities — clear-thinking, curiosity, integrity, and drive.
Proficient in Microsoft Excel, Access, and Word.
Preferred:
Programming skills (Python, Java, VBA, C/C++/C#, etc.).
Familiarity with GGY Axis.
Experience with actuarial/financial modeling.
Knowledge of the life insurance industry and products.
Apply now!
Apply for this Job!
About Munich Re
Munich Re Worldwide
Follow Us
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Company
Munich Re Life US
Location
New York, United States
Position
Life Actuarial Assistant (2026 New Grad Permanent - New York)
Anticipated Start Date
2026 - upon graduation
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, Equity, and Inclusion 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.
Position Overview The Actuarial Assistant program at Munich Re is a rotational program designed to provide you with a strong foundation in the field. Departmental placements will be made closer to your start date based on internal business needs. The rotations will enable you to enhance your technical skills while gaining a holistic perspective of our business; better positioning you towards greater leadership opportunities in the future. Within the rotations, you will be engaged in meaningful actuarial projects with a variety of teams while working towards your FSA designation - with the support of the organization. Placement and rotational opportunities involve numerous departments, some of which are listed below.
Rotational Opportunities
Biometric Research: You will help with the completion of experience studies and assist with quote reviews for different lines of business (Life, Longevity, Long Term Care). You will analyze mortality and persistency trends and conduct research of key trends within the US general population. You will gain skills through working with large datasets, balancing multiple projects, and learning from industry experts.
Corporate Actuarial: This team is responsible for providing the financial results of the US Life & Health business. You will collaborate with many functions across the company, provide expertise for calculating policy liabilities, build and manage actuarial models, learn current and upcoming regulations, perform analysis, and work with other departments to develop solutions.
Pricing (Individual Life, Group, Living Benefits and Financial Reinsurance): Focus on acquiring and maintaining new business, developing client relations, evaluating product profitability, and understanding key drivers in profitability due to changes in assumptions, reinsurance, industry trends, and product design. You will work on high-impact projects including client strategies, complex models, metric reporting, market research, and quoting.
Qualifications
First and foremost, a natural desire to provide exceptional client service with energy, enthusiasm, and initiative.
Bachelor's or Master’s degree in Actuarial Science, Math, Statistics, Risk Management, or equivalent program — in healthy academic standing.
Completion of at least two actuarial exams with demonstrated progress towards ASA designation required.
Relevant work experience, having completed at least one relevant internship or co-op work term.
Excellent communication skills — spoken and written, formal and informal presentations.
Ability to create and manage positive professional relationships with good client service acumen.
Proven capability to multi-task and self-manage multiple priorities and projects of various significance.
Strong organizational skills and rigorous attention to detail/accuracy in a fast-paced environment.
Demonstrates leadership qualities — clear-thinking, curiosity, integrity, and drive.
Proficient in Microsoft Excel, Access, and Word.
Preferred:
Programming skills (Python, Java, VBA, C/C++/C#, etc.).
Familiarity with GGY Axis.
Experience with actuarial/financial modeling.
Knowledge of the life insurance industry and products.
Apply now!
Apply for this Job!
About Munich Re
Munich Re Worldwide
Follow Us
#J-18808-Ljbffr