Your Job
1. Identify client performance needs and develop tailored solutions through hypothesis testing and validation
2. Consult primary insurers on end-to-end pricing solutions, pricing strategy and governance, product development, underwriting strategies and portfolio steering
3. Serve on pricing and underwriting committees to monitor and steer primary insurance portfolios
4. Build and maintain sustainable relationships internally with Client Management, Underwriting, and Claims as well as external counterparts
5. Develop replicable consulting concepts and ensure a competitive service offering
6. Analyse markets, identify growth opportunities, and integrate Munich Re solutions
7. Monitor and respond to pricing related trends (technology, methodology, strategy, product, regulation)
8. Be key contributor to development of Munich Re views on emerging topics (e.g.; AV, EV, Augmented UW)
9. Lead advanced cross-line projects, manage multiple stakeholders, and ensure superior delivery quality and an exceptional client experience for both internal and external clients
10. Present business cases, RFPs, and pitches to client top management; support negotiations
11. Represent Munich Re as a trusted partner, act as the PI Center of Competence within the Reinsurance Group, ensuring best practices and offering the full spectrum of services
Your Profile
12. Tertiary education (BSc/ BA, MSc, PhD), or fellowship in an internationally recognised Actuarial Association
13. Extensive consultancy or primary insurance experience in an international environment, including project management and solution development
14. Deep expertise in primary insurance (strategy, processes, pricing, underwriting, claims, and technology)
15. Proficiency in statistical methods and machine learning, pricing technology (e.g. Earnix, WTW Radar/ Emblem, Akur8) and coding (R or Python)
16. Insurance portfolio performance management and technical reporting
17. Proven leadership in managing cross-cultural teams and delivering results in high-stakes scenarios
18. Exceptional analytical skills and the ability to develop innovative client solutions
19. Strong interpersonal and communication skills, with the gravitas to engage C-suite executives
20. High emotional intelligence, customer-centric mindset, and a commitment to excellence
21. Fluent in business English; additional languages such as German, Spanish or French are desirable
22. Willingness to travel and work abroad for extended periods
Application Instructions
Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.
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? Push boundaries with us and be part of Munich Re.
Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.
Unlock your potential
23. Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
24. Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
25. Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.
Rewards & Recognition
26. Competitive salary: appropriate compensation for your high level of commitment.
27. Retirement provision: state of the art in-house pension solutions.
28. Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
29. Health management: focus on your physical and mental health far beyond legal requirements.
30. Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.