Actuary Corporate Underwriting

**Actuary Corporate Underwriting **(M/F/d) ****:
Underwriting Analytics

**Location**
Munich, Germany

The Pricing, Systems & Analytics department in Corporate Underwriting equips Munich Re’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 Munich Re’s non-life business.

The Underwriting Analytics team is a part of this department and concentrates on the analytical and reporting aspects of this goal which is pursued in close cooperation with operative underwriting. We create solutions that meet internal as well as external requirements on reporting and data analysis. Pricing basics (e.g. exposure curves, tariffs) are being developed that support underwriters in quantifying risk. And finally, we work on designing a future management and analysis system for exposure and loss data. We use traditional actuarial methods as well as modern algorithm-based approaches

Your job
- Developing pricing models (tariffs) based on data, for use in Munich Re’s worldwide reinsurance underwriting
- Coding those tariffs in Python or R
- Being an expert and contact partner for underwriters and other stakeholders regarding pricing methodology
- Developing dashboards, automated reporting and interactive data visualisations using BI software and other tools, ensuring reliable and efficient delivery across the company
- Supporting business units with analysis questions, from a technical as well as from a content perspective
- Researching new possibilities for more efficient risk assessment and pricing, using advanced (partially automatable) techniques

**Profile**:

- Degree in mathematics, statistics, natural sciences or equivalent qualification
- Experience in working with and analysing large amounts of data, using modern analytic tools
- Experience in underwriting reinsurance risks
- Database and programming skills (e.g. R, Python, PowerBI, SQL)
- Willingness to quickly learn and develop specialist knowledge of relevant requirements and to translate this knowledge into practical methods
- Creative and target-oriented way of working
- Independent working mode with high level of reliability and that meets high quality demands
- Ability to explain complicated issues to a non-conversant audience
- Team player with very good communication skills
- Highly self-motivated, didactic and intercultural competence
- Excellent command of spoken and written English

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? Make it happen and be part of Munich Re.
- You will work in an environment where we think big: Change and culture are continuously role-modeled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning
- You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders
- We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
- You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions
- Join us, and experience that we lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged

**Münchener Rückversicherungs-Gesellschaft**
Marika Schwertner
Human Resources
Königinstraße 107
80802 München
GERMANY