Property 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.

Property Analyst

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

You to provide analytical support in respect of the analysis of the property account and monitoring the performance of the property book from a pricing, claims and exposure perspective. Thereby enabling the Group Heads of Property to make informed decisions about the performance of the Property book or subsections thereof.

You will have an analytical mindset and be someone who wants to develop their skills in data capture, analysis and reporting.

Responsibilities:

• To lead and drive forward the analytical output for Property in terms of profile of business and performance
• To manage and manipulate (often large and complex) datasets to enable performance metrics to be derived.
• Investigation into year-on-year changes in respect of individual property risks as well as property portfolios and the underlying factors driving them
• Work closely with the property underwriters, pricing, claims and exposure management teams to develop performance monitoring and portfolio management tools whilst wherever possible making use of internal reporting tools and data warehouse functions to automate and streamline the monitoring of the property business
• Support the Property Team with in depth portfolio analyses and performance management
• Prepare standard and ad-hoc MI reports and KPIs as required and assist with the reporting of performance against plan
• Support and participate in relevant project initiatives
• Analysis of pricing model and exposure management data including parameter validations if so required
• Support for Syndicate business planning process as well as reporting requirements to Lloyd’s, Munich and the PRA
• Production and review of pricing management information if so required
• New business initiative analyses and independent reviews
• Liaise and share knowledge with other Munich Re Property business units
• Supporting the development of innovative analytical solutions to assist underwriting teams in quantifying risk within their respective portfolios to include post-event analytics

Knowledge and Skills

• An analytical mindset, having the ability to manipulate data sets in Excel/ PowerBI and derive KPI’s to help drive the property business forward
• Experience of property portfolio analytics
• Highly developed mathematical / statistical knowledge
• Detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment
• Knowledge of a range of modelling techniques and applications for pricing, exposure and claims management
• Demonstrate a high degree of diligence and accuracy
• Knowledge and understanding of the underlying principles of insurance and reinsurance
• Current Lloyd’s market knowledge
• Ability to manage your own workload and work collaboratively with colleagues

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