Company
Munich Re
Location
Munich , Germany
for Central Reserving department Global Oversight
Central Reserving (CR) uses quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re’s group-wide non-life business. This includes continuous monitoring of the group’s reserve position, and the further development of actuarial methods, the underlying systems and tools. Additional responsibilities include the assessment and quantification of reserve uncertainty and reserve risk, as well as financial reporting on non-life technical provisions.
To complement our team of experts in Central Reserving Global Oversight, we are looking for enthusiastic individuals who are motivated by performing quantitative and technical analyses and translating them into a reporting and business context. In your role, you will be able to get a broad overview of the non-life business of the Munich Re Group, and you will contribute with your expertise to the analysis and further development of various reserving topics and support the IFRS17 Group closing process.
Your Role
Your Profile
University degree in mathematics or a similar qualification with a strong quantitative focusActuarial qualification (e.g. DAV, FIA, FCAS or equivalent) from an internationally recognized body started or completedActuarial experience in loss estimation (e.g. in pricing, reserving, underwriting, risk management), preferably in the non-life areaStrong affinity to working with large data sets, experience with programming languages such as R and SQL, strong knowledge of Excel, PowerBI and PowerQueryStrategic thinking, excellent analytical and conceptual skills with strong problem recognition and solving skills and a solution oriented mindset Ability to explain technical concepts to non-technical audiencesStrong team player, enthusiasm to collaborate with other teams and departments, also on a global basisVery good command of English, and knowledge of 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? 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.
Münchener Rückversicherungs-Gesellschaft
Ryan Stewart • HR Consultant
Königinstraße 107 • 80802 München • GERMANY