Our Pricing team in Madrid supports Munich Re’s business across Southern Europe (Spain, Portugal, Italy, Malta) and Latin America, providing with top‑quality actuarial and risk‑management expertise.

We’re looking for an Actuary to join our Pricing team. In this role, you’ll be involved in pricing Life & Health reinsurance business, working closely with the business development units along the region including financial reinsurance. You’ll help shape strategic plans, support innovative reinsurance solutions, and contribute to key projects within the department.

By joining the regional Pricing team, you’ll become part of an international community of Life & Health actuarial experts across Europe and Latin America. From a business perspective, you will report to the Actuarial Pricing Manager.

Your Role:

Provide technical actuarial support to our clients in the region, with a strong focus on Brazil. You’ll work closely with local colleagues to win new business and strengthen existing partnerships
Develop, update,



and validate best‑estimate assumptions through experience studies and sensitivity analyses
Build and maintain actuarial models that accurately reflect the technical dimensions and future development of the underlying insurance business
Partner closely with business specialists to translate actuarial insight into reinsurance proposals and ensure technical soundness and consistency
Contribute to the monitoring, valuation, and analysis of both existing and new business
Provide expert inputs on risk assessment
Collaborate across regions to share knowledge, promote actuarial expertise, and maintain strong international connections

Your Profile:

We value candidates who demonstrate:

Ownership, responsibility, and resilience under time pressure
Independence and the ability to prioritize effectively
Team spirit and a willingness to share knowledge
Strong communication skills
Solid analytical thinking, with a logical and concise approach and a strong attention to

📌 L&H Pricing Actuary (Madrid)
🏢 Munich Re Careers
📍 Madrid