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Senior Structuring Actuary job in Tokyo

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Tokyo Munich Re

Job Ref:  5061
Employer:  Munich Re
Sector:  Reinsurance
Risk Management
Qualifications:  Unclassified
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  Japan
City:  Tokyo
Post Code:  Not specified
Map: 

Description

Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients.

Reporting to the Head of Structured Solutions (HS), you will provide services to Munich Management Pte Limited (MMPL) for Munich Re's (MR) profitable acquisition and management of Financially Motivated Reinsurance (FinMoRe) business in Japan. You are expected to perform activities, including but not limited to the following.

Your Role
  • Support the HS with regards to development and implementation of marketing strategies, client segmentation and the relevant action plans, in accordance with MR's FinMoRe strategies and reflecting his/her analysis of the market/clients/competitors
  • Expand and manage contacts and relationships with senior finance/risk executives for efficient business development and market intelligence around FinMoRe business
  • Maintain high visibility in the market through client visits, industry presentations, publications and other value-added activities
  • Support the regional Structured Solutions team with regards to risk analysis, including the relevant documentation, regarding FinMoRe opportunities arising from Japan in timely and professional manners
  • Proactively look for information pertaining to trends in the industry, changes in regulations and other environment which may be relevant to MR's business propositions for timely updates to the HS
  • Provide quality support and input with regards to administration (including liaisons with clients), valuation, monitoring (including periodical experience analysis) and other operational tasks relevant to existing FinMoRe treaties written from Japan
  • Ensure that your tasks and duties are managed in accordance with the relevant guidelines and authorities
  • Perform quality peer-review and warrant accuracy/ quality of works by the team, including documentations


Your Profile
  • Qualified Life Actuary
  • 5 to 10 years of experience at a Life insurance company in Japan, preferably with experience in valuation, pricing and experience studies
  • Familiar with regulations related to insurance business (IBL, J-GAAP, US-GAAP, IFRS, etc)
  • Highly motivated team player, proactive and possess a positive attitude
  • Open to new ideas and feedback from peers
  • Strong verbal and written communication skills
  • Native Japanese language, intermediate level in English
  • Experience in driving and leading projects
  • Analytical skills and a flair for statistics, analytic modelling
  • Flexibility for occasional business trips


Our Benefits
• Hybrid working arrangement
• Flexible working hours
• 25 paid holidays per year
• Competitive dental, life and health insurance coverage
• Lump sum retirement benefit

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.
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