Join a global audit function that provides independent assurance and trusted advice to senior management, Boards of Management, and Audit Committees across Munich Re Group. Group Audit plays a key role in strengthening g…
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Third Bridge is a leading global research firm established in 2007, with a team of over 1,500 employees worldwide dedicated to fueling decisions with expert insights. We accelerate and enhance decision-making for investo…
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Third Bridge is a leading global research firm established in 2007, with a team of over 1,500 employees worldwide dedicated to fueling decisions with expert insights. We accelerate and enhance decision-making for investo…
Third Bridge is a leading global research firm established in 2007, with a team of over 1,500 employees worldwide dedicated to fueling decisions with expert insights. We accelerate and enhance decision-making for investo…
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Plan and execute audits of actuarial models, methods, and processes focusing on risk modelling, reserving, and pricing. Provide independent advice and assess the effectiveness of internal control systems to improve governance across the Munich Re Group.
Requirements
Requires a university degree in a quantitative discipline and full actuarial qualification (DAV or equivalent) with at least 5 years of professional experience. Candidates should possess strong analytical skills and experience in insurance or reinsurance, preferably in internal audit or model review.
Full job description
Join a global audit function that provides independent assurance and trusted advice to senior management, Boards of Management, and Audit Committees across Munich Re Group. Group Audit plays a key role in strengthening governance, risk management, and internal controls across a diverse international business portfolio, including reinsurance, primary insurance, and asset management activities.
As part of our global audit community, you will assess whether actuarial processes, models, systems, and controls meet internal and external requirements, and help identify opportunities for improvement. The role focuses on actuarial core areas such as risk modelling, pricing, valuation, reserving, and asset-liability management. You will be part of the global actuarial auditors community and will work closely with colleagues across our international audit network, including teams in Munich, Singapore, Toronto, and Sydney.
This role reports to the Head of Department, EULA.
Your Job
Plan and execute audits of actuarial models, methods, and processes across Munich Re entities, with a particular focus on risk modelling, reserving, pricing, and related actuarial topics
Apply agile audit approaches and data analytics techniques to deliver effective, risk-based audit work
Provide independent, practical, and impactful advice in close collaboration with audited units
Support audit engagements across divisional units as an actuarial and mathematical subject matter expert
Assess the effectiveness of processes and the Internal Control System (ICS) and develop recommendations for improvement
Deliver clear, timely, and concise audit reports and monitor the implementation of agreed remediation measures
Contribute to internal projects with actuarial content and help assess potential risks for Munich Re Group
Your Profile
University degree in actuarial science, mathematics, financial mathematics, or another quantitative discipline with strong knowledge of stochastics, statistics, and financial mathematics
Fully qualified actuary (DAV or equivalent)
At least 5+ years of professional experience as an actuary or mathematician in the insurance or reinsurance industry
Experience in non-life underwriting or reserving is advantageous
Experience in internal audit, model review, or a second-line review function within an insurance or reinsurance environment is a plus
Familiarity with data analytics and AI tools is a plus
Excellent analytical skills and the ability to understand and assess complex topics
Collaborative, internationally minded approach with a proactive attitude toward knowledge sharing
Strong communication and stakeholder management skills, with the ability to navigate discussions constructively
Strong command of written and spoken English; German language skills are beneficial
Willingness to travel internationally
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.
Offices: Königinstrasse 107, Munich, Bavaria 80802, DE · 555 College Road East, Princeton, NJ 08543-5241, US · Plantation Place 30 Fenchurch Street, London, EC3M 3AJ, GB · 56 Perimeter Center East, NE, Suite 500, Atlanta, GA 30346-2290, US
cyber insurancereinsuranceprimary insurancemarinespecial enterprise risksbusiness interruptionconstruction riskslife insurancehealth insuranceinternet of things
How many Consulting jobs are open in Munich, Germany right now?
There are currently 2,083 open consulting positions in Munich, Germany listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Consulting roles in Munich, Germany?
Companies currently hiring include Drees & Sommer, Munich Re, Ramboll, Celonis, OMMAX, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Consulting jobs in Munich, Germany?
Yes — 1538 of the 2083 open consulting positions offer remote or hybrid work (195 remote, 1343 hybrid).
How do I apply for Consulting jobs in Munich, Germany?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.