Responsibilities
Valuation and Financial reporting
- Key contact and liaison between external consultants working on the valuation of existing LTC business, and other internal stakeholders.
- Responsibility to help assess, onboard and support quarterly reporting on new LTC transactions.
- Support external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient.
- Manage LTC‑specific quarterly and annual closing issues, assumptions, corrections, and control evidence.
LTC Assumptions & Insight.
- Develop and document valuation assumption updates, ensuring alignment with Pricing/ERM and assumption governance.
- Quantify sensitivities and stress tests and support deeper insights and analysis of MARCs LTC business.
Modeling & Process Governance
- Strengthen model/process controls: input validation, automated checks, and reproducible workflows.
- Ensure LTC model/process changes support Best Estimate reporting, statutory requirements, and emerging deal structures.
Planning, Forecasting & Strategic Support
- Prepare LTC projections for reforecasts, annual plan, ORSA‑aligned scenarios, stress testing, and capital analysis.
- Partner with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation.
Stakeholder Partnership
- Collaborate with Finance, Model development, ERM, Claims, and Data teams.
- Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re
- Assist external reviewers (e.g., auditors)
- Effectively manage internal and/or external resources (e.g. consultants)
Your profile
- FSA required
- Bachelor’s degree
- Valuation or Financial Reporting experience
- Living benefits/ LTC product knowledge preferred
- Modeling experience (e.g. Moody’s AXIS, SQL) preferred
Our Benefits
- Comprehensive Medical Plans
- PTO and Family Leave
- Retirement Savings Plans
- Dental and Vision Plans
- Life and Disability insurance
- Employee Assistance Program
- Adoption Assistance
- Wellness Programs – Calm, WW, SoFI, Virgin Pulse
- Commuter Benefits
- FSA and HSA Plans
- Hospital Indemnity, Critical Illness and Accident Plans
