About the Role
We are looking for a Delegated Property Analyst to drive insightful analysis and performance monitoring of our property portfolio, empowering Group Heads to make data-driven decisions on pricing, claims, and exposure. This role requires strong communication skills and an analytical mindset to advance expertise in data capture, analysis, and reporting.
Responsibilities
- Lead and drive analytical output for the Delegated 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 Delegated 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
- 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.
