Actuary - Corporate Underwriting (M/F/d)

Actuary - Corporate Underwriting (M/F/d)*

**Company**
Munich Re
**Location**
Munich, Germany

The Pricing, Systems & Analytics department in Corporate Underwriting equips MR’s Underwriting with methods and tools to efficiently understand, price, and manage Non-life risks. Specifically, our tools support operative underwriting units in sustainably structuring and steering MR’s non-life business. In this regard, the Pricing Methods & Tools section concentrates on two goals in close cooperation with operative underwriting and IT. First, we develop a system landscape designed to fulfil the future requirements of treaty and facultative underwriting in the pricing context. Second, we train underwriters in pricing methods and usage of MR’s UW systems landscape. In the years to come one of our focal areas will be the redesign of the net pricing systems for the various Single Risk lines of business. For this reason we a looking for someone with a strong mathematical and programming background, who wants to support shaping the future target system landscape for Single Risk Underwriting.
If you enjoy working in a dynamic, ambitious and innovative environment and want to contribute to the development of Munich RE’s backbone Underwriting systems, be part of this journey and join our diverse and international Pricing Methods & Tools team as Actuary.

**Your Job**
- Shaping the further development of the Underwriting Platform as central platform for both submission data collection and analysis, as well as pricing and reporting
- Supporting the development of methods used for pricing of (Re-)insurance risks - from initial actuarial idea to concept design to implementation, and finally end user trainings and support
- Implementation, optimization and quality assessment of numerical algorithms implemented for pricing of facultative and treaty in collaboration with the actuarial development group within Corporate Underwriting.
- Analyzing and challenging existing Underwriting processes in a constantly changing environment in order to ensure smooth workflows
- Leverage from new data sources and technological innovation (including modern algorithmic methods) in the solution design process
- Collaboration with and guidance of IT teams, who are in charge of implementation of specific requirements
- Conducting trainings to help improve the technical quality in Underwriting
- Performing underwriting, pricing and tool reviews

**Your Profile**
- University degree in mathematics, natural sciences or a similar qualification with professional experience
- Experience in Underwriting or actuarial role in primary insurance or reinsurance
- Understanding of the processes involved in primary insurance and reinsurance, especially with regard to pricing and structuring programs
- Excellent abstract reasoning and mathematical analytical skills
- Excellent programming skills in C# and/or Python
- Experience in software design and structuring of large software projects
- Good understanding related to extensibility and maintainability of software
- Database knowledge and solid Power BI skills
- Profound knowledge of Microsoft Office products
- Very good command of English and German

**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 ap