[Skip to main content](#main-content) [OpenNash Jobs](https://jobs.opennash.com/) [Hiring report](/reports/hiring/) · [All Munich Re jobs](https://jobs.opennash.com/companies/munich-re/) · [Search jobs](/search/) Munich Re · München, BY, DE, DEU # Reserving Actuary Non-Life - Reserve Management & Actuarial Reporting (m/w/d)* München, BY, DE, DEU Full-time {'@type': 'MonetaryAmount', 'currency': '', 'value': {'@type': 'QuantitativeValue', 'unitText': ''}} Executive & Management Listed on Munich Re’s official careers site. Posted August 10, 2026. Check that it is still open and apply there. [Apply on Munich Re’s careers site →](https://careers.munichre.com/en/job/munich/reserving-actuary-non-life-reserve-management-and-actuarial-reporting-m-w-d/3342/46115707072) [OpenNash Jobs](https://jobs.opennash.com/) / [Munich Re](https://jobs.opennash.com/companies/munich-re/) / Reserving Actuary Non-Life - Reserve Management & Actuarial Reporting (m/w/d)* ## Job description Central Reserving (CR) uses quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re’s group-wide Non-Life business. This includes continuous monitoring of the reserve position as well as the further development of actuarial methods, underlying systems and tools. Additional responsibilities include the assessment and quantification of reserve uncertainty and reserve risk, as well as financial reporting on Non-Life technical provisions under IFRS17, Solvency II and local GAAP standards. To complement our Global Oversight team in Central Reserving, we are looking for enthusiastic and motivated individuals who perform quantitative analyses on Munich Re’s loss reserves for the group-wide Non-Life business and translate the results into a reporting and business context. The insights from your work will provide guidance to the Global Reserving actuaries for their bottom-up reserve projections and will be used by the senior management as basis for decision-making. In your role, you will cope with the diverse and challenging reserving topics of a global reinsurer and get a broad overview of the Non-Life business of the Munich Re Group. Your Job Collaborating with Global Reserving actuaries across the world to ensure adequate levels of reserves, consistent reserving practices, efficient and consistent reporting of reserving figures, sharing knowledge and fostering collaboration Taking part in regular peer reserve reviews and performing ad-hoc actuarial analyses on various reserving topics The actuarial analyses include reserve valuations, reserve variability assessments, scenario testing and benchmarking as well as portfolio performance analysis Contributing to the further development of methodologies, concepts and tools that are used in the Global Oversight team Monitoring and analysing key reserving figures for Munich Re’s entire Non-Life business including the preparation of the result communication to key stakeholders Identifying and quantifying relevant reserve risks, contributing to risk mitigation strategies and developing guidance to Global Reserving actuaries Participating in the process to derive the basic loss reserve risk and premium risk for Munich Re’s internal model in close collaboration with the Integrated Risk Management team Preparing communication and addressing information requirements on reserving topics for various internal and external stakeholders such as board committees, analysts and investors, rating agencies and auditors Your Profile University degree in mathematics or a similar qualification with a strong quantitative focus Actuarial qualification (e.g. DAV, FIA, FCAS or equivalent) from an internationally recognized body, either in progress or completed At least 2 years’ actuarial experience and expertise in loss estimation in the Non-Life business in reserving or underwriting, preferably with focus on long-tail lines Profound knowledge of current reserving trends in the global insurance or reinsurance industry - Strong affinity to working with large data sets, experience with programming languages such as R and SQL as well as strong knowledge of Excel, Power BI and Power Query Strategic thinking, excellent analytical and conceptual skills with strong problem recognition and solving skills as well as a solution-oriented mindset A high degree of accuracy and discretion concerning confidential matters - Ability to explain technical concepts to non-technical audiences - Strong team player, enthusiasm to collaborate with other teams and departments, also on a global basis - Strong written and verbal communication skills in English Application Instructions In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you. About us As the world's leading reinsurance company with more than 16,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Push boundaries with us and be part of Munich Re. Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below. Unlock your potential Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better. ### Continuous Learning we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth. ### Career Mobility we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you. ### Rewards & Recognition Competitive salary appropriate compensation for your high level of commitment. ### Retirement provision state of the art in-house pension solutions. ### Work-life balance promoting the compatibility of family and work in addition to overall work-life balance. ### Health management focus on your physical and mental health far beyond legal requirements. ### Hybrid working living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis. * Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. Münchener Rückversicherungs-Gesellschaft Timo Wacke Talent Acquisition Partner ## At a glance - Posted by the employer: Aug 10, 2026 - First seen by OpenNash: Oct 20, 2026 - Last checked: Oct 20, 2026 - Listed for: 71 days - Location: München, BY, DE, DEU - Employment type: Full-time - Pay: {'@type': 'MonetaryAmount', 'currency': '', 'value': {'@type': 'QuantitativeValue', 'unitText': ''}}[Apply on Munich Re’s careers site →](https://careers.munichre.com/en/job/munich/reserving-actuary-non-life-reserve-management-and-actuarial-reporting-m-w-d/3342/46115707072) ## More jobs at Munich Re ### [Associate Reserving Actuary Non-Life - Reserve Management & Actuarial Reporting (m/w/d)*](https://jobs.opennash.com/companies/munich-re/jobs/d4e12662f7facb0a1c03/) München, BY, DE, DEU ### [13393](https://jobs.opennash.com/companies/munich-re/jobs/32ff3e170d4c76745b7b/) München, BY, DE, DEU ### [14530](https://jobs.opennash.com/companies/munich-re/jobs/37600bd2612c34bdaeec/) München, BY, DE, DEU ### [Associate Consultant IFRS17 & SII Process (m/f/d)* Limited to 18 months](https://jobs.opennash.com/companies/munich-re/jobs/aec580e5698b38eec0ef/) München, BY, DE, DEU ### [Category Manager - Real Estate & Office Services (m/f/d)* - limited to 2 years](https://jobs.opennash.com/companies/munich-re/jobs/22a5e77c3386e0e0bfce/) München, BY, DE, DEU ## Similar jobs at other companies ### [Senior Reserving Actuary Non-Life 80-100% (m/w/d)](https://jobs.opennash.com/companies/allianz/jobs/04772d18d38555a62da0/) Allianz · Wallisellen, Zurich, Switzerland ### [Actuary Life Reserving & IFRS17](https://jobs.opennash.com/companies/zurich-insurance-group/jobs/222dcd97d66f37c7226f/) Zurich Insurance Group · Milan, IT ### [Actuary (Life Pricing)](https://jobs.opennash.com/companies/aegon/jobs/cf2502bd8af77f10d06b/) Aegon ### [Staff Actuary (Life Valuation Special Projects)](https://jobs.opennash.com/companies/aegon/jobs/10d6a597f28f4849d38b/) Aegon ### [Manager - Actuarial( Reserving- Non Life)](https://jobs.opennash.com/companies/marsh/jobs/ed83131b0b525d5d64c6/) Marsh · Mumbai - Hiranandani OpenNash lists jobs from employers’ own careers sites and does not handle applications. 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