Actuary Specialty Reinsurance Underwriting Solutions (m/f/d)*

Actuary Specialty Reinsurance Underwriting Solutions (m/f/d)*

Company
Munich Re
Location
Munich , Germany

Your team

Within our global reinsurance operations, Specialty Reinsurance is the unit responsible for traditional reinsurance business across the Agriculture, Aviation, Contingency, and Marine lines of business. With underwriting teams on multiple continents (Munich, New York, Singapore, Johannesburg, Sao Paulo, Tokyo) and a global underwriting mandate, Specialty Reinsurance serve clients on a worldwide basis.

Underwriting Solutions is a multidisciplinary team (Actuarial, Legal, Accumulation, Cyber, Reporting, Governance) responsible for establishing standards, strengthening underwriting capabilities, and developing solutions across all Specialty Reinsurance lines.

Are you a multi-talented actuary looking to broaden your skills and to make an impact? Then join our Underwriting Solutions team and take on the unique responsibilities of leading our portfolio steering activities for the entire Specialty Reinsurance business. Additionally, you will also have opportunities to develop your underwriting knowledge by participating in renewals across multiple lines of business as a Pricing Actuary.

Your Job

Portfolio steering responsibilities

• Determine, report on, and monitor Specialty Reinsurance figures to inspire steering decisions across all LoBs
• Develop analytics tools and visualisation solutions for performance monitoring
• Lead performance initiatives and act as an interface towards central divisions (Accounting, Controlling, Reserving, Corporate Underwriting)

Actuarial responsibilities

• Work closely with actuaries and underwriters, ensuring consistent underwriting quality and adherence to group-wide guidelines and best practices
• Collaborate with underwriting colleagues during renewals by pricing reinsurance treaties across the Specialty Reinsurance lines of business
• Identify training needs on actuarial topics and conduct relevant training courses

Your Profile

• Master’s degree or Ph.D. in a quantitative field: e.g., computer science, actuarial science, applied mathematics, physics, operational research, engineering
• Excellent knowledge of Munich Re’s reporting, reserving, and pricing landscapes
• Excellent communication and presentation skills in front of senior management
• Excellent analytical and abstract-thinking skills, preferably with programming knowledge
• High degree of curiosity, flexibility, and drive
• Strong intercultural competencies
• Strong written and verbal communication in English

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? 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.