Data Actuary

MUNICH MANAGEMENT PTE. LTD.
Munich Re Group is one of the world's leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net worth individuals to pandemics, we take care of risks so our clients can take care of their businesses.
We are looking for a Data Actuary to support the SEA Life In-Force Mgt and Terms of Trade team at Munich Re Singapore. In this role, you will combine actuarial knowledge with data analytics skills to analyze experience data using tools like Python, SQL, Power BI, and Databricks. A key focus will be supporting the Key Treaty Monitoring (KTM) project, which tracks treaty performance and generates actionable insights to drive key business decisions.
You will also conduct investigations on loss ratios, claims experience, respond to ad-hoc data queries, and collaborate closely other teams to support ongoing and prospective treaty discussions. This role offers a unique opportunity to apply actuarial and data skills in a commercially focused, innovation-driven reinsurance environment.
Your Role
Your Profile
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.
We are looking for a Data Actuary to support the SEA Life In-Force Mgt and Terms of Trade team at Munich Re Singapore. In this role, you will combine actuarial knowledge with data analytics skills to analyze experience data using tools like Python, SQL, Power BI, and Databricks. A key focus will be supporting the Key Treaty Monitoring (KTM) project, which tracks treaty performance and generates actionable insights to drive key business decisions.
You will also conduct investigations on loss ratios, claims experience, respond to ad-hoc data queries, and collaborate closely other teams to support ongoing and prospective treaty discussions. This role offers a unique opportunity to apply actuarial and data skills in a commercially focused, innovation-driven reinsurance environment.
Your Role
- Analyse treaty terms and product features in collaboration with actuarial and accounting teams to ensure accurate interpretation and implementation onto the KTM
- Lead the onboarding of new treaties into KTM, ensuring accurate mappings, data consistency, and validation of results
- Maintain high data quality by performing comprehensive checks, cleaning, and reconciliations, supporting in-force portfolio management and pricing analysis
- Design and maintain dashboards on Excel and Power BI, to visualize, monitor, and analyse client data for business decision-making
- Conduct ad-hoc analyses, including premium reconciliations, claims investigations, and preparation of datasets for experience studies and management reporting
- Liaise with clients and internal stakeholders to identify, investigate, and resolve data issues, ensuring robust documentation and consistent data standards
- Review and validate analytical outputs and data processes to ensure accuracy, and uphold high quality output from the team
- Contribute to innovation efforts, including prototyping and integrating GenAI capabilities using in-house AI platforms and APIs
- Support junior members of the team in expanding their actuarial, systems and insurance knowledge
- Work with other members of the team to analyse the available data and to develop dashboards and reports, communicating relevant insights to senior management.
Your Profile
- Fellow of a recognized actuarial body.
- Bachelor's degree in Actuarial Science, with a interest in expanding into data analytics
- Minimum 3 years of experience in actuarial - related roles; experience in life insurance industry is preferred
- Proficient in Excel and SQL, with hands-on experience in data automation and managing large datasets
- Skilled in data visualization, particularly using Power BI to develop clear and insightful dashboards
- Strong analytical and problem-solving skills to interpret complex data structures and ensure high levels of data accuracy through thorough validation and reconciliation
- Detail-oriented with a strong sense of ownership and initiative in driving tasks to completion
- Excellent written and verbal communication skills in English, with the ability to collaborate effectively across teams and regions
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.
JOB SUMMARY
Data Actuary

MUNICH MANAGEMENT PTE. LTD.
Singapore
8 days ago
N/A
Full-time
Data Actuary