Senior Structurer (Accounting and Regulatory Focus)

Location
Munich , Germany

Munich Re Markets is a global business that is active in the area of development and production of savings, investment and retirement products, the transfer and transformation of extreme risks, balance sheet and accounting driven solutions, and development of new or alternative asset classes. We manage our clients’ business targets by various corporate finance and risk management techniques, e.g. by means of structured reinsurance, hedging, and other transactions.

We are extending our capabilities in Europe and looking for a senior structurer with sound accounting and regulation expertise who is able to develop and advise on reinsurance structures and related transactions. This is an intellectually challenging and rewarding role for someone with deep accounting and regulatory knowledge (particular focus to financial instruments and consolidation rules), transactional experience and the desire to apply this experience in a creative commercial capacity.

Your job

• Supporting the business structuring and execution efforts mainly in Europe (focus Germany, Italy, France) through highly creative transactional problem solving attitude
• Integrating and working with the global accounting and regulation team based in Munich and in hubs globally
• Developing new reinsurance product concepts and structures with focus on accounting and regulatory aspects
• Advising multiple stakeholders – internal and client – on key accounting and regulatory issues pertaining to transactions
• Participating actively as a member of deal teams, working with both local and global staff
• Monitoring accounting and regulatory developments in the insurance and reinsurance markets in particular in focus countries
• Interfacing fluidly across the division’s origination, structuring and trading functions
• Preparing technical documentation to support new transactions

Your profile

• University degree in a quantitative field; PhD a plus
• Additional qualification (actuary and/or certified auditor a plus
• 10+ years of work experience connected to the insurance or reinsurance industries; employed with a consulting, public accounting, insurance/reinsurance firm or other financial institution
• Strong knowledge of financial instrument accounting and consolidation regulation under IFRS as well as the regulatory frameworks.
• Experience in working with auditing firms and the national insurance regulators in one or more of the relevant legislations
• Familiar with concepts of structured and non-traditional reinsurance solutions and/or exotic financial derivatives and securities
• Highly creative transactional problem solver with a demonstrated track record of success
• Independent, proactive and a strong team player with the desire to work on, and contribute to the success of, a global team
• Intellectually curious, with excellent communication and presentation skills
• Persuasive and credible – ability to initiate and maintain own client interactions

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
Benjamin Thauern
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 prioritized, if equally qualified.