Corporate Underwriting is responsible for the risk management function for underwriting risks as well as the cross-divisional business support function to enable and ensure risk-adequate underwriting in the global reinsurance segment. The Geo Risks section is responsible for creating and evaluating natural disaster risk analysis models and the assessment of natural-catastrophe damage. In this challenging and varied environment, we want to grow our team and are looking for an enthusiastic individual who is motivated by NatCat modelling.
Your Job
- Producing internal flood risk models and evaluating external flood risk models
- Developing and applying innovative approaches for natural-hazard rating and risk assessment, and actively supporting underwriters in traditional and non-traditional reinsurance
- Consulting and training Munich Re staff and external clients regarding flood-related questions
- Initiating, shaping and implementing research collaborations with leading scientific institutions and professional consultants
- Producing post-disaster loss estimates and evaluating losses from large disasters for deriving, updating and/or checking the vulnerability functions in Munich Re risk models or external models; conducting or participating in reconnaissance missions/loss inspections after major disasters/losses
Your Profile
- University degree (and, if possible, doctorate) in hydrology/civil or environmental engineering
- Several years’ experience in and specialist knowledge of natural-hazard modelling (river flood, precipitation, storm surge), scientific programming and GIS
- Several years’ professional experience in natural-catastrophe risk analysis in the financial sector
- Good project management skills, preferably acquired in complex, interdisciplinary project teams
- Excellent analytical and problem-solving skills
- Well-developed ability to work in a team, as well as excellent presentation skills and client focus
- Good knowledge of probabilistic and statistical methods
- Very good command of English language (written and spoken)
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.
MĂĽnchener RĂĽckversicherungs-Gesellschaft
Marika Schwertner • HR Consultant
Königinstraße 107 • 80802 München • GERMANY
