Middle Office Function Global Credit Solutions

**Middle Office Function Global Credit Solutions (M/F/d) **(M/F/d)****:
**Company**
Munich Re
**Location**
Munich, Germany

Credit risks are the main underwriting focus in EULA5. The Global Credit Solutions (GCS) team is writing business mainly with global banks by insuring credit risks originated by the banks, where the team assumes the role of a primary insurer.

To ensure the smooth functioning of our underwriting team and the efficient execution and monitoring of our transactions, we are looking for mid-office support for our team with strong IT skills in matters from underwriting support, database population to management reporting and deal monitoring, as well as general administration. The job is based in Munich.

**Your job**
- Underwriting support for Client Managers (CRRM) (data processing/analysis, transaction entries into relevant systems, supporting deal documentation/ filing, supporting client interaction)
- Deal monitoring, quality assurance also into finance/ accounting systems, Data entries, updates and quality control in the Underwriting systems (mainly FRIDA and KISS))
- Collaboration with internal stakeholders at Munich Re and GLISE in underwriting and monitoring (e.g., Accounting, Controlling, Central Reserving)
- Clients interaction with legal Underwriting Documents - Annex A, collection of signatures
- Filing of Underwriting documents in the relevant data base
- Monitoring and preparation of reports from the Underwriting systems

**Your profile**
- Successfully completed banking/ insurance education or Bachelor’s degree in finance / economics (or equivalent)
- Several years of practical experience in the middle office of an internationally operating Financial Institution (bank or (re-)insurance)
- Knowledge of credit risk management and/or credit insurance (incl. products and processes) Strong IT-Systems affinity - ability and willingness to learn new IT systems incl. databases (EU/LA5 and MR specific) used for underwriting, monitoring, administration/ accounting
- Proficiency of MS 365 suite (esp. Excel, Powerpoint, MS Teams, PowerBI would be an advantage)
- Very thorough, reliable and independent way of working
- A confident demeanor and very good social skills, strong team player and solution-oriented mindset
- Business-fluent command of English required; additional foreign-language skills are an advantage

**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. For more insights about working at Munich Re please click here.

**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.