Company
Munich Re
Location
Madrid , Spain
Financial Reinsurance is a global strategic initiative located at the core of Munich Re‘s 2025 Ambition. The initiative combines corporate finance, accounting, actuarial science, and regulatory expertise to provide our clients with reinsurance solutions that help them meet their financial and strategic objectives.
As part of this global initiative, a fully dedicated unit was created in 2021 with the scope of defining, executing and monitoring the financial reinsurance strategy for our Life and Health clients in Southern Europe and Latin America.
Following the consolidation and recent success cases of the unit, we want to ensure sustainability of our impact for Munich Re and are looking for a Business Advisor that, as a relevant part of the team, provides relevant portfolio management intelligence, best-in-class executing capability and excellent technical support to the unit. You will work in a talented and high performing team that is fully committed to meeting the unit’s ambitious business expectations.
Your Job:
Developing, implementing and managing a robust steering process, proposing the potential management actions as requiredBeing responsible for the preparation, validation and coordination of all financial reinsurance related internal and external deliveriesDeveloping a complete and transversal understanding of financial reinsurance strategy, providing relevant inputs observed in due portfolio management processIdentifying existing portfolio/technical improvement areas and defining potential solutionsSupporting the unit in all relevant market initiatives as requested by both the market advisors and structurersDriving internal and external positioning with relevant stakeholders, including the regional Finance functionParticipating in regional/global projects and working groups across MR
Your Profile:
Sound technical/business university degree with an economic or mathematical focus+8 years of professional experience in insurance/reinsurance actuarial valuation fieldsProfessional experience in actuarial/insurance advisory services is a plusMarket-facing experience with extended capability to deeply understand clients’ needsKnowledge of IFRS and Solvency II as well as structuring capital management solutionsExcellence in working collaboratively and efficiently in often virtual and international group dynamicsResult-oriented mindset combined with out-of-the-box thinking and organizational strengthExcellent written and verbal communication in Spanish and 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
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.Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.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
Competitive salary: appropriate compensation for your high level of commitment.Retirement provision: state of the art in-house pension solutions.Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.Hybrid working: living the best of both worlds – we offer you a very flexible approach. Apply now! Apply for this Job!