A Valuation Actuary is responsible for overseeing the financial valuation of assets and liabilities for insurance companies, using the International Financial Reporting Standards - Richville, MN, United States - Oceanic Ventures

Oceanic Ventures

Verified Company

Richville, MN, United States

2 days ago

Posted by:

James Miller

beBee Recruiter

Freelance

Description

Valuation Actuary - IFRS Operations and Analytics (M/F/d)

Company
Munich Re

Location
Richville, MN, USA

The Central Life Reserving (CLR) Global Oversight team at Munich Re is responsible for overseeing and reporting on the company's global Life and Health (LH) portfolio.

With the implementation of IFRS 9/17, there is a need for new systems, operational changes, and redefined financial reporting.

In addition to reporting for Munich Re Group, several international offices operating in countries that have adopted IFRS17 for GAAP or Statutory reporting also need to prepare for their local regulatory requirements using consistent systems and processes.

CLR is seeking a motivated actuary to support quarterly valuation activities and participate in cross-functional initiatives related to the implementation and optimization of consistent reserving processes and reporting tools across the group.

This role also involves integrating international offices with unique local reporting requirements into the central architecture and operational framework.

Your Job:

Provide technical and actuarial support within a diverse, multinational team
Coordinate business unit deliveries and central data processing for quarterly valuations, including ensuring the accuracy of results
Drive the technical development, testing, and automation of global IFRS17 systems and tools, with a focus on attention to detail and understanding of the mechanics
Collaborate with colleagues from business units with local requirements that are not yet onboarded to establish endtoend closing processes using central systems