(Senior) Cat Portfolio Analyst in Munich or Zurich (m/f/d)at Allianz SE Reinsurance Job Purpose/ Role As a CAT Portfolio Analyst, you will play a fundamental role in analyzing and managing our portfolio of catastrophic risks. In your role, you will lead efforts to assess risk exposure, develop strategies, and support decision-making processes to optimize our reporting processes and ensure resilient limit monitoring, while adhering to Solvency II regulations and managing the Nat Cat premium risk. Maintain and develop the internal model for Nat Cat for Allianz Group, ensuring its alignment with industry standards and regulatory requirements Calculate the P&C Nat Cat premium risk for the legal entities Allianz SE and Allianz Re Dublin, contributing to accurate risk assessment and risk management Conduct quarterly risk capital reporting and Limit Monitoring for Nat Cat, ensuring compliance with established thresholds Support Allianz Group and Allianz Re with analytical tasks around the measurement of Cat exposures, Cat capital reporting, Cat exposure data management, sensitivity testing and analytical analyses around externally placed reinsurance for the group Key responsibilities Conduct risk capital calculation for Nat Cat portfolio and effectively communicate to senior management and other stakeholders within Allianz Group and Allianz Re Perform Nat Cat Limit System monitoring and reporting, ensuring timely communication to senior management Develop and refine the capital model, enhancing analytical tools for sensitivity testing and analyses around externally placed reinsurance Critically assess the data quality, strengths and limitations of capital modelling and contribute to its continuous improvement Lead / support on Solvency II related topics around Cat Capital Assessment (documentation of results, tools and processes) Provide Cat inputs for Rating Agencies capital models (e.g. S&P, AM Best), ensuring accuracy and compliance Support as subject matter expert on ad-hoc requests regarding Nat Cat Portfolio modelling Collaborate with underwriters, actuaries, and cross-functional teams to craft and implement effective capital modeling and reporting Support Portfolio steering activities with analytics and expert guidance Qualifications University degree in Mathematics, Physics or natural sciences Strong analytical, mathematical and statistical skill set to solve complex analytical problems Strong data analysis and programming skills in high level and scripting languages Fluent in English, both written and spoken; German and / or other languages as a plus Knowledge of Cat Modeling vendor tools like Moody's RMS and Verisk is a plus Knowledge in machine learning, deep learning or AI methods advantageous Experience & Key skills Experience in the (re-)insurance industry Professional experience in risk analysis, portfolio management and Solvency II regulations Strong communication and presentation skills to explain complex topics to all relevant parties including C-level and external stakeholders Competency of thinking in business terms and pro-active addressing of customer needs / challenges Ability to lead and / or manage multiple cross-functional projects and meet deadlines Independent, structured and and diligent working style Strong interpersonal skills and cultural awareness 72241 | Project Management | Professional | Allianz SE | Full-Time | Permanent Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board. Let's care for tomorrow. Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.