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  #31  
Old 12-06-2017, 11:19 PM
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Originally Posted by jas66Kent View Post
Munich Re is the biggest reinsurer in the world.

WTW is a small-ish consulting shop by comparison.
and JAS pretending a large consulting shop is small wins the thread
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  #32  
Old 12-06-2017, 11:26 PM
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Are you guys sure Swiss over took Munich in non life premiums? Counting everything, insurance and reinsurance. HSB and many other insurance affiliates add up a lot more than Swiss' insurance ops.

I still think Munich is #1 but an now questioning that. Will look it up on AM Best in the morning.
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  #33  
Old 12-06-2017, 11:28 PM
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Originally Posted by jas66Kent View Post
More of a technicality. They basically said that Munich Re had over 25% premium in non-reinsurance activities so they hacked off a portion of their revenues. Swiss Re had about 15% so their revenues from non-reinsurance activities so they were not touched. They set the dividing line at 75/25 in order to rate them.
Yep just read this. A skewed tally. Totaling both, Munich still much larger.
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  #34  
Old 12-06-2017, 11:53 PM
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Originally Posted by Fracktuary View Post
Additionally, Reinsurers often act in a consultative capacity for life companies, so If "doing consulting type work" is part of your preference, you could probably find that at Munich.


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Originally Posted by MooBeay View Post
In my experience the majority of actuaries rarely if ever interact with carriers/clients in reinsurance. Especially if entry level. On the flip side I would imagine quite a bit of interaction with both while at WTW. If that matters to you.
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  #35  
Old 12-07-2017, 12:29 AM
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Originally Posted by Beach Bum View Post
Are you guys sure Swiss over took Munich in non life premiums? Counting everything, insurance and reinsurance. HSB and many other insurance affiliates add up a lot more than Swiss' insurance ops.

I still think Munich is #1 but an now questioning that. Will look it up on AM Best in the morning.

I am only looking at reinsurance premiums... infact this one claims (using 2016 data) that swiss re dominates in BOTH nonlife and combined life + nonlife. Seems that munich re still dominates life though.

source: http://www.bestweek.com/europe/promo...istruption.pdf

page 8
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  #36  
Old 12-07-2017, 01:32 AM
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I got few entry-level offers, and I am finally deciding between these two. Salary does not matter, so please just look at the opportunity / future growth and give me an advice. Any advice will be greatly appreciated.

1) Willis Towers Watson - P&C

2) Munich Re - Life (reinsurance)


Which company and which industry - do you think - will be better in the long-run?
I've read somewhere that life RI is the absolute pinnacle of actuarial achievement. Plus, apparently any lower echelon peon can be called a VP.
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  #37  
Old 12-07-2017, 01:37 AM
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  #38  
Old 12-07-2017, 06:56 AM
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Originally Posted by MooBeay View Post
In my experience the majority of actuaries rarely if ever interact with carriers/clients in reinsurance. Especially if entry level. On the flip side I would imagine quite a bit of interaction with both while at WTW. If that matters to you.
It's probably because you're more likely to interact with the broker instead.
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  #39  
Old 12-07-2017, 08:28 AM
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Where are the jobs located?
This should be considered. Assuming northeast, NYC > Philly >>>>>>>>>>Princeton>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> CT & anywhere else.
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  #40  
Old 12-07-2017, 08:33 AM
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yup
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