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    Lead Compensation Analyst - London, United Kingdom - Munich Re

    Munich Re
    Munich Re London, United Kingdom

    4 days ago

    Default job background
    Description

    We are seeking a high calibre individual with relevant experience to lead the Biometrics Analysis for Longevity and support an expanding line of business.

    On a day-to-day basis the role will report into the Head of Biometrics and Inforce Management but will ultimately report into the Head of Pricing.

    The Biometrics and Inforce Management team has the following main responsibilities:
    Delivering analysis of client experience and maintaining a pool of experience analysis results for the purposes of quotes, basis development work and valuation assumption setting
    Maintaining and developing our experience analysis tools
    Demonstrating pricing impact of underwriting rules through analysis of application and experience data
    Checking and reviewing experience analyses for the Longevity business and ensuring results of investigations are appropriately fed back to relevant stakeholders for the purposes of quotes, terms of trade and valuation assumptions
    Ensuring client and internal policy data is used effectively to enable and perform efficient experience analyses
    Input into the planning of work within the team. Direct line management and responsible for helping to develop all individuals within the team by setting expectations, providing feedback, and supporting development needs
    Ensuring systems and tools related to the Longevity processes and experience analyses are maintained
    Improving processes and building tools to support digitisation, experience analyses and pricing capability
    Participation in cross team projects
    Support on experience analyses and projects for the Protection line of business as required
    Develop analytical tools and actuarial models to help obtain maximum value from available information
    Produce high quality written and numerical material appropriate for its purpose
    Experience and/or familiarity with Longevity as a business line, and more technically from an experience analysis perspective

    Strong analytical skills that can be applied to data to make sense of what is happening within Munich Re and its client's businesses.

    Advanced user of Microsoft Excel and Access and good understanding of R, Python and/or SQL·
    Good organisational and planning skills with the ability to think laterally as well as logically
    Experience with Pensions and Annuities
    Experience using Power BI
    Work experience in an actuarial area
    Here at Munich Re we endeavour to offer our staff the opportunity to grow


    Benefits:

    You will be rewarded with a great compensation package, 25 days annual leave along with private medical insurance and employers contributory pension of 10%.

    We offer a hybrid working policy with a mix of working from home at our London office.
    We inspire people to be capable of joint performance. We celebrate diversity and are committed to creating an inclusive environment for all our employees.
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