A short project to help develop knowledge and understanding of the Life, Annuity and IP MoSes models in Munich Re's UK Financial Reporting team.  Responsibilities included:

 

Reviewing the financial projections and liability valuations in the MoSes models, checking they were appropriate and in compliance with the relevant guidelines or requirements;

Drafting documentation detailing the calculations in the models;

Developing Excel models that replicated the calculations in MoSes;

Assisting other team members in the above, providing training and support where required;

Developing a testing strategy along with bespoke tools to analyse all data and assumptions and produce comprehensive test packs;

Suggesting areas where modelling or process improvements could be made.