Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Consultant Reserving (M/F)* for Central Reserving The responsibility of Central Reserving is to use quantitative and qualitative methods to perform and oversee the loss reserve analyses for Munich Re's group-wide property and casualty business. This includes continuous monitoring of the Group's reserve position, and the further development of actuarial methods, the underlying systems, and tools. Additional responsibilities are the assessment and quantification of reserve uncertainty and reserve risk, as well as group-wide financial reporting on non-life technical provisions under Solvency II and current and forthcoming IFRS standards. We are searching for consultants to actively support us with these varied tasks. Your Job: Perform quantitative and qualitative analyses of portfolios in the context of reserve reviews or special actuarial analyses Actively collaborate with international branches and subsidiaries across the globe to ensure adequate levels of reserves and efficient and consistent reporting of reserving figures Undertake analyses of the calibration of reserve risk and premium risk for Munich Re's internal capital model Support the calculation, control, and reporting activities with respect to technical provisions under Solvency II, as well as the implementation of the new IFRS 17 reporting standard Participate in the further development of the systems and tool infrastructure for actuarial analyses as well as internal and external reporting requirements Prepare communication and address information requirements on these topics for various internal and external stakeholders such as board committees, business units, or auditors Your Profile: University degree in mathematics or a similar qualification with a strong quantitative focus Strong affinity for tool development and working with large data sets, plus proven experience with programming languages such as SQL, R, and Python Actuarial experience in loss estimation in non-life insurance (e.g. Pricing, Reserving, Underwriting, Risk Management) desirable Excellent analytical and conceptual skills, as well as the ability to explain technical concepts to non-technical audiences Solid organizational skills with high sense of independence and the ability to implement pragmatic solutions Openness to travel Excellent command of English and good command of German desirable Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. If you want to help shape the future as part of one of our teams, we look forward to hearing from you. Please click on the link to apply online. Apply Münchener Rückversicherungs-Gesellschaft Sabine Schneider HR Consultant Königinstraße 107 80802 München GERMANY * 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.
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