About the Role
This role provides exposure management and catastrophe risk analytical support to Exposure Management and Underwriting teams, delivering high-quality risk insights to support underwriting and portfolio management decisions. The role is responsible for collecting, assessing, analyzing, and reporting exposure management information.
Responsibilities
- Analyze and manage large, complex datasets using catastrophe and accumulation modeling tools to assess, quantify, and communicate catastrophe and accumulation risk across the portfolio.
- Support the development and enhancement of data ingestion, transformation, and quality control processes to improve the efficiency and accuracy of catastrophe modeling workflows.
- Interpret, synthesize, and present catastrophe model outputs to underwriting teams, including analysis of portfolio changes, model movements, and key risk drivers.
- Operate catastrophe modeling platforms and interrogate exposure and results databases using SQL and other analytical tools.
- Contribute to the continuous improvement of Exposure Management practices through process optimization, automation, and the development of new analytical capabilities.
- Support the design and implementation of operational workflows, controls, and governance processes for the APAC Exposure Management function.
- Assist the Head of Exposure Management in building and developing a high-performing Exposure Management team to support future regional growth.
- Develop innovative analytical solutions to help underwriting teams better understand, quantify, and manage catastrophe risk.
- Assess and monitor exposures throughout the underwriting lifecycle, from data receipt and validation through to modeling, analysis, and reporting.
- Support post-event analytics and loss estimation activities for both natural and non-natural catastrophe events.
- Assist in the validation, benchmarking, and review of third-party catastrophe models and associated modeling assumptions.
- Collaborate effectively with stakeholders across multiple functions, geographies, and time zones to support the successful establishment and ongoing operation of the APAC Exposure Management capability.
Requirements
- 2+ years' experience in a catastrophe risk, exposure management, actuarial, or related analytical role.
- Highly adaptable and comfortable working in a fast-paced, evolving environment, with the ability to take ownership, establish new processes, and contribute to the development of a growing function.
- Strong analytical and data manipulation skills, with the ability to interpret and communicate complex datasets and modeling results.
- Experience with catastrophe modeling platforms, preferably Moody's RMS solutions, including RiskLink, Risk Modeller, IRP, UWIQ and/or EIQ.
- Experience with alternative catastrophe modeling platforms would be advantageous.
- Familiarity with APRA reporting requirements and catastrophe risk management frameworks is desirable.
- Experience supporting catastrophe event response activities, hazard monitoring, and post-event reporting.
- Proficiency in SQL and Microsoft Excel.
- Experience with Python, R, Power BI, or similar analytical or programming tools would be beneficial.
Skills
- Catastrophe modeling
- Exposure management
- Risk analysis
- Data analysis
- SQL
- Microsoft Excel
- Python
- R
- Power BI
Location
- APAC
Work Type
- Full-time
Experience Level
- 2+ years
Education Level
- Degree in a quantitative, scientific or hazard-related discipline (e.g., Mathematics, Statistics, Engineering, Computer Science, Physics, Meteorology, Seismology, Atmospheric Science, Geography, Environmental Science)
- Equivalent industry experience will also be considered
About the Company
- Munich Re Specialty (MRS) aims to be a profitable top-10 global primary Specialty insurer.
- MRS-GM is expanding the primary Specialty business in continental Europe and APAC, starting with Australia.
Equal Opportunity
- DEI is a business imperative, helping to attract, grow, and inspire a diverse, inclusive, and equitable workforce.
- Globally, we strive to build balanced teams across all aspects of difference.
- Encourage application even if experience doesn't perfectly match every qualification.
