Catastrophe Risk Analyst

This job is with Munich Re, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

About us

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Please see our website for more information.

Catastrophe Risk Analyst

We are currently looking for a Catastrophe Risk Analyst to be based in London on a full-time basis, reporting into the Group Head of Exposure Management.

You to provide exposure and catastrophe analytical support to both the Catastrophe Risk Manager, the Group Head of Exposure Management and underwriting teams to ensure quality of catastrophe management information in assisting underwriting decisions. The role includes the input, assessment and reporting of exposure management information and will include regular as well as ad-hoc response to the Syndicate in London and our global international distribution companies.

Responsibilities:

• To manage and manipulate datasets as well as using accumulation and catastrophe models to understand and explain potential accumulation risk to the Syndicate
• To assess and monitor the full lifecycle of proposed and underwritten exposures from data receipt and input to assessment and reporting
• To assist and support the Catastrophe Risk Manager and Group Head of Exposure Management
• Help drive forward good Conduct for the business to deliver the best outcomes for customers/ policyholders
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo and Board for Conduct Risk

Knowledge and Skills

The role is designed for an entry-level professional.

A degree-educated individual with an interest in natural and man-made catastrophes, possessing a combination of analytical and communication skills. A desire to fashion a career in exposure management and insurance as well as a willingness and motivation to learn and gain professional qualifications such as ACII.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Diversity, Equity & Inclusion

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Learn more about sustainability at Munich Re – choose your impact!

Benefits

• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support

#BePresent #BeBold #BeCurious