Senior Reinsurance Analyst (m/f/d)

<p> </p> <p><b>Let’s care for tomorrow. </b></p> <p><b>Your ambitions.  Your dreams.  Your tomorrow </b></p> <p> </p> <p>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.   </p> <p> </p> <p>We are looking for a Senior Reinsurance Analyst (m/f/d), based in Munich. </p> <p>  </p> <p><b>Your Team  </b></p> <p>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.  </p> <p> </p> <p><b>The Impact You Will Have  </b></p> <p>Reporting to the Head of Reinsurance Analytics &amp; 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. </p> <p> </p> <p><b>Some of your specific responsibilities could include: </b></p> <ul> <li> <p>Take on responsibility for specific lines of business with regards to reinsurance analytics </p> </li> </ul> <ul> <li> <p>Participate in discussions with the business to understand and address their needs with regards to reinsurance solutions in a global Allianz Commercail context </p> </li> </ul> <ul> <li> <p>Extract, edit and process relevant claims and exposure data </p> </li> </ul> <ul> <li> <p>Support key business processes like the multi-year business planning from reinsurance side </p> </li> </ul> <ul> <li> <p>Define and evaluate reinsurance solutions e.g. based on Monte-Carlo-Simulations or burning cost analysis </p> </li> </ul> <ul> <li> <p>Closely work with involved departments from Claims, Finance, Underwriting, Risk Management et.al. to align assumptions and ensure consistent analytics </p> </li> </ul> <ul> <li> <p>Analyze efficiency of reinsurance structures against various benchmarks and KPIs with a view to optimize the risk-return profile </p> </li> </ul> <ul> <li> <p>Contribute to the further development of analytical capabilities </p> </li> </ul> <ul> <li> <p>Engage in best practice sharing and constant know-how transfer within the team and towards stakeholders  </p> </li> </ul> <p> </p> <p><b>What You’ll Bring to the Role </b></p> <ul> <li> <p>Degree in mathematics, actuarial science, finance, business administration or other area that involves a strong focus on quantitative analysis </p> </li> </ul> <ul> <li> <p>Professional reinsurance experience and in-depth understanding of reinsurance practice  </p> </li> </ul> <ul> <li> <p>Expert knowledge of reinsurance instruments, underlying business and Actuarial / Risk Capital requirements  </p> </li> </ul> <ul> <li> <p>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  </p> </li> </ul> <ul> <li> <p>Experience of working internationally and of remotely supporting global teams across numerous locations  </p> </li> </ul> <ul> <li> <p>Ability to evaluate risk reward effects of reinsurance, e.g. impact on P&amp;L and capital position of company </p> </li> </ul> <ul> <li> <p>Capable to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire </p> </li> </ul> <ul> <li> <p>Desire to constantly develop own skills and expertise and share knowledge across the organization </p> </li> </ul> <ul> <li> <p>Practical knowledge and experience in programming languages like VBA, Python and SQL  </p> </li> </ul> <ul> <li> <p>Fluent English skills </p> </li> </ul> <p> </p> <p>58615 | Risk Management | Professional | Allianz Commercial | Full-Time | Permanent</p> <p> </p> <p><b>What’s in it for you? </b></p> <p> </p> <p><b>Let’s care about everything that makes you, you </b></p> <p>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. </p> <p> </p> <p><b>Let’s care for your financial wellbeing </b></p> <p>We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. </p> <p> </p> <p><b>Let’s care for your opportunities to progress </b></p> <p>From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees wo