Senior Reinsurance Analyst (m/f/d)

Job description

Let’s care for tomorrow. 

Your ambitions.  Your dreams.  Your tomorrow 

 

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.   

 

We are looking for a Senior Reinsurance Analyst (m/f/d), based in Munich. 

  

Your Team  

You will be part of a globally successful group of people focused on reinsurance within Allianz Commercial and spread across the globe. This is an excellent opportunity to join a team with a strong reputation and a commitment to excellence.  

 

The Impact You Will Have  

Reporting to the Head of Reinsurance Analytics & Technical in the Allianz Commercial Reinsurance Department, you will be involved in manifold analytical tasks around modeling, pricing and optimization of reinsurance treaties and structures. You will extract, prepare and process relevant exposure and claims data using a variety of software and independently drive the development of own analytical tools. You will work closely with Claims, Actuarial, Cat Modelers, Finance and Underwriting departments to help develop and assess efficient reinsurance solutions. 

 

Some of your specific responsibilities could include: 

· 
Take on responsibility for specific lines of business with regards to reinsurance analytics 

· 
Participate in discussions with the business to understand and address their needs with regards to reinsurance solutions in a global Allianz Commercail context 

· 
Extract, edit and process relevant claims and exposure data 

· 
Support key business processes like the multi-year business planning from reinsurance side 

· 
Define and evaluate reinsurance solutions e.g. based on Monte-Carlo-Simulations or burning cost analysis 

· 
Closely work with involved departments from Claims, Finance, Underwriting, Risk Management et.al. to align assumptions and ensure consistent analytics 

· 
Analyze efficiency of reinsurance structures against various benchmarks and KPIs with a view to optimize the risk-return profile 

· 
Contribute to the further development of analytical capabilities 

· 
Engage in best practice sharing and constant know-how transfer within the team and towards stakeholders  

 

What You’ll Bring to the Role 

· 
Degree in mathematics, actuarial science, finance, business administration or other area that involves a strong focus on quantitative analysis 

· 
Professional reinsurance experience and in-depth understanding of reinsurance practice  

· 
Expert knowledge of reinsurance instruments, underlying business and Actuarial / Risk Capital requirements  

· 
Technical and practical background in one industrial insurance line of business, general understanding of all major business segments and a robust understanding of actuarial principles and practices  

· 
Experience of working internationally and of remotely supporting global teams across numerous locations  

· 
Ability to evaluate risk reward effects of reinsurance, e.g. impact on P&L and capital position of company 

· 
Capable to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire 

· 
Desire to constantly develop own skills and expertise and share knowledge across the organization 

· 
Practical knowledge and experience in programming languages like VBA, Python and SQL  

· 
Fluent English skills 

 

58615 | Risk Management | Professional | Allianz Commercial | Full-Time | Permanent

 

What’s in it for you? 

 

Let’s care about everything that makes you, you 

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us. 

 

Let’s care for your financial wellbeing 

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. 

 

Let’s care for your opportunities to progress 

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. 

 

Let’s care for life’s twists and turns 

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. 

 

Let’s care for our society and our planet 

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients. 

 

Care to join us? 

 

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead. 

 

Learn more about careers at Allianz Commercial by clicking here . 

 

Learn more about Allianz Commercial by clicking here . 

 

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture. 

 

People with disabilities: 
We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com  

 

Recruitment Agencies:  
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.