Actuarial Auditor – Global Audit Function

About the role

Join Munich Re’s global audit function as an Actuarial Auditor, providing independent assurance on actuarial models, processes and controls across the Group’s insurance and reinsurance activities.

Key responsibilities

• Plan and execute audits of actuarial models, methods and processes, with a focus on risk modelling, reserving, pricing and asset‑liability management.
• Apply agile audit approaches and data‑analytics techniques to deliver risk‑based audit work.
• Provide practical, independent advice to audited units and act as the actuarial subject‑matter expert on audit engagements.
• Assess the effectiveness of internal control systems, develop improvement recommendations and monitor remediation measures.
• Prepare clear, concise audit reports and contribute to internal projects with actuarial content.

Required profile

• University degree in actuarial science, mathematics, financial mathematics or a related quantitative discipline.
• Fully qualified actuary (DAV or equivalent) with at least 5 years of professional experience in insurance or reinsurance.
• Strong knowledge of stochastics, statistics and financial mathematics.
• Excellent analytical, communication and stakeholder‑management skills.
• Fluent English; German language skills are a plus.
• Willingness to travel internationally.

Required skills

• Actuarial modelling and risk modelling
• Pricing and reserving techniques
• Asset‑liability management
• Data‑analytics and AI tools
• Stochastics, statistics and financial mathematics