About the Role
Drive insightful analysis and performance monitoring of our property portfolio, empowering Group Heads to make data-driven decisions on pricing, claims, and exposure. Advance expertise in data capture, analysis, and reporting.
Responsibilities
- Lead and drive analytical output for the Property portfolio, profiling business and monitoring performance to inform strategic decisions.
- Manage and manipulate large, complex datasets to derive performance metrics, supporting in-depth portfolio analysis and year-on-year risk investigations.
- Collaborate closely with underwriting, pricing, claims, and exposure teams to develop and automate performance monitoring and portfolio management tools using internal reporting and data warehouse solutions.
- Prepare standard and ad-hoc management information (MI) reports, KPIs, and support performance reporting against plans, including for Syndicate business planning and regulatory requirements (Lloyd’s, Munich, PRA).
- Analyze pricing models and exposure data, validate parameters, and review pricing management information to support risk quantification and new business initiatives.
- Support and participate in project initiatives, developing innovative analytical solutions to enhance underwriting effectiveness, including post-event analytics.
- Build and maintain strong relationships with Coverholders, Brokers, and internal teams across underwriting, claims, actuarial, binder management, exposure, compliance, and finance to strengthen trading and collaboration.
- Engage proactively across Lloyd’s and the wider market with peers and brokers to stay informed of market developments impacting syndicate performance.
- Contribute actively to Property team meetings and cross-functional forums within MRSL and MRSG, as well as external stakeholder interactions, supporting a collaborative team environment.
- Champion good Conduct practices and adhere to escalation procedures, supporting the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo, and Board in delivering best outcomes for customers and policyholders.
Requirements
- Demonstrate an analytical mindset with the ability to manipulate datasets in Excel/PowerBI and derive KPIs to drive the property business forward.
- Possess highly developed mathematical and statistical knowledge.
- Apply detailed knowledge of actuarial methods and techniques to make reasoned judgements in a business environment.
- Understand a range of modelling techniques and their applications in pricing, exposure, and claims management.
- Exhibit a high degree of diligence and accuracy.
- Demonstrate knowledge and understanding of the underlying principles of insurance and reinsurance.
- Maintain current Lloyd’s market knowledge.
- Manage workload effectively and work collaboratively with colleagues.
Skills
- Excel
- PowerBI
- Data manipulation
- KPI derivation
- Mathematical knowledge
- Statistical knowledge
- Actuarial methods
- Modelling techniques
- Insurance principles
- Reinsurance principles
- Lloyd’s market knowledge
- Workload management
- Collaboration
Location
- London
Work Type
- Full-time
About the Company
- At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
- At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
- Learning and innovating today, striving for sustainable societies and business tomorrow.
- At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment.
- Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Equal Opportunity
- At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are.
- We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.
- Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
- All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
