Credit Pricing Associate - Munich, Deutschland - Munich Re

Munich Re

Geprüftes Unternehmen

Munich, Deutschland

vor 3 Wochen

Geschrieben von:

Lena Wagner

beBee Recruiter

Beschreibung

Credit Pricing Associate (M/F/d)

Company
Munich Re

Location
Munich, Germany

Financial Risks - Credit (Re-)Insurance and Structured Credit Risk Transfer Transactions

EU/LA5 underwrites credit risks, primarily in (trade) credit, surety, and political risk insurance. Our products range from traditional (re-)insurance business to structured portfolio credit risk transfer solutions.

Our team

EU/LA5.3.3 Credit Portfolio Management manages the worldwide credit (re-)insurance portfolio, prices large and complex (re-)insurance treaties, and provides credit-specific IT solutions.

Our tasks comprise the mathematical modelling and actuarial assessment of risks arising from credit (re-)insurance contracts. In addition, the team supports innovation initiatives and business development.

As an international and highly motivated team, we promote an autonomous and challenging working environment, as well as a high degree of personal responsibility.

Your tasks

Perform deal analyses and technical pricings and provide technical assessment of structured portfolio credit risk transfer solutions in close collaboration with internal and external stakeholders
Further develop the pricing methods for credit (re)reinsurance (including appropriate parameter assignment) and the econometric forecasting models with a focus on the pricing and analysis of structured credit transactions
Ensure the overall credit portfolio management, e.g., by developing recommendations on risk appetite
Support the development of portfolio monitoring infrastructure to ensure regular reporting to senior management, enable portfolio steering, and improve overall data quality
Perform portfolio analyses and calculate pricings for key clients in credit and surety (re)insurance and assist the analysis/validation of new business opportunities
Provide support for underwriters regarding portfolio and pricing questions during (treaty) negotiations, as well as in the design and implementation of cedent analysis
Cooperate closely within EU/LA5 and with other units and central divisions (e.g. with IRM, CR, CU, RIC)

Your profile

University degree in Mathematics, Science, or Economics with a strong quantitative focus
Solid knowledge of topics relevant for assessing portfolio credit risks in a (re)insurance context, such as mathematical finance and actuarial science
Knowledge in pricing and structuring financial transactions, portfolio optimization, credit portfolio analysis, and credit risk modelling desirable
Basic knowledge of banking and insurance regulation (e.g., Solvency II/Basel III) desirable
Knowledge of relevant IT tools / programming languages (e.g., Python, MATLAB, R)
Excellent analytical and conceptual skills, innovative mindset, and solutionoriented thinking
Able to work autonomously, accurately, and with a high degree of selfresponsibility
Team player, high degree of social competence towards colleagues and clients
Business fluent in English

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
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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.
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Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
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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
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Competitive salary: appropriate compensation for your high level of commitment.
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Retirement provision: state of the art in-house pension solutions.
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Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
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Health management: focus on your physical and mental health far beyond legal requirements.
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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.
Münchener Rückversicherungs-Gesellschaft
Helen Holland - HR Consultant
Königinstraße München - GERMANY