Your Job
- Performing the annual capital model cycle for the Solvency II internal model, including contributing to its calibration, model changes, validation and documentation
- Quantitative risk management and risk analytics, contributing to the use test of the capital model, including conducting stress and scenario testing and providing risk opinions on risk-taking decisions under consideration of the risk-bearing capacity of the company
- Contributing to the regulatory and internal risk reporting cycles
- Fulfilling regulatory requirements and ad hoc studies, participating in projects
- Ensuring ongoing appropriate risk governance by maintaining documentation and approval procedures
- Managing stakeholders and the wider embedment of the financial risk management framework at local as well as at group level
Your Profile
University degree in mathematics, actuarial science or in a similar quantitative field, ideally complemented with further training in risk management or financeActuarial education (Aktuar DAV or comparable qualification from another actuarial association) or the intention to complete / start it is an advantageWorking collaboratively and effectively in an international group dynamic and in a hybrid set-upExcellent analytical and conceptual skills combined with the ability to explain and present on senior management levelExperience in risk modelling, experience with coding languages (R) is an assetStrong written and verbal communication in English, German skills at least at an intermediate levelApplication Instructions
In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.
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.