Risk Analyst

Location
Munich , Germany

The Risk Analytics & Reporting department is responsible for the Group internal model of Munich Re and the Group actuarial function. This involves setting standards for risk modelling and regular validation of these models, as well as providing input for insurance risk and investment steering.

We are offering you the opportunity to play a key role in the risk modelling under Solvency II. The major focus is on non-life risk modelling and the aggregation of risk categories. As a risk analyst, you will report to the head of the Property & Casualty section.

Your job

• Developing and implementing modelling methods in the internal model of the Munich Re Group
• Managing or contributing to projects in the context of digitalisation, the governance of the international organisation, and the continuously changing requirements from both internal and external stakeholders
• Delivering quarterly capital and risk key figures of Munich Re Group with special focus on property/casualty, operational risk and group aggregation
• Supporting the supervisory process and the reporting of risk key figures under Solvency II
• Representing Risk Management in various groups and boards of Munich Re Group, and contributing to cross-divisional topics
• Communicating to internal stakeholders (e.g. board members, international organisation, business units) as well as external stakeholders (e.g. regulators, auditors)

Your profile

• University degree in a quantitative field (e.g. mathematics, data science, IT, or similar qualification)
• Several years of professional experience in non-life actuarial topics (insurance or re-insurance)
• On-the-job practical experience in one or more of the following areas: internal models, reserving, pricing, accounting
• Experience in supporting or leading of projects, preferably with IT context
• Talent to work in new and complex fields
• Talent to communicate complex matters in a transparent and clear way
• Strong analytical and conceptual skills and acting in a confident manner with good negotiation skills
• Ability to resolve conflicts and demonstrate commitment in an ever-changing environment
• Fluency in spoken and written English, fluency in German desirable

About us

As the world’s leading reinsurance company with more than 11,000 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? Make it happen and be part of Munich Re.

• You will work in an environment where we think big: Change and culture are continuously role-modeled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning
• You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders
• We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
• You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions
• Join us, and experience that we lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged

Münchener Rückversicherungs-Gesellschaft
Silke Fell
Human Resources
Königinstraße 107
80802 München
GERMANY

• 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 prioritised, if equally qualified.