{"description": "Munich Re Japan Branch established itself in July 2017 as a composite reinsurance branch in order to serve both life and non-life clients in the Japanese market. Japan is a very important market for Munich Re and the establishment of the Japan Branch represents Munich Re's continued and even stronger commitment to the Japanese market.

We are looking for a Structuring Actuary to be based in Japan as part of our expansion into the market. Being part of a dynamic team, you would expect frequent exposure and high visibility among regional stakeholders, which will provide a broad range of opportunities and career paths within Munich Re.

Reporting to the Head of Structured Solutions, you will provide services to our Singapore branch (Munich Management Pte Limited) for Munich Re's 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 Head of Structured Solutions 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 finance/risk contacts 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
• Perform quality peer-review and warrant accuracy/ quality of works by the team, including documentations
• 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

Your Profile

• Qualified Life Actuary, with 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)
• Team player, highly motivated, proactive, positive attitude, enduring, open to new ideas and feedback from peers.
• Strong verbal and written communication skills.
• Native Japanese language, intermediate level in English. Willingness to learn/improve English and to work in an international environment.
• Experience driving and leading projects.
• Analytical skills and a flair for statistics, analytic modelling.
• Flexibility for occasional business trips.

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