Actuarial Consultant
Hace 6 días
Madrid, Area Metropolitana (comarca); Comunidad de Madrid, España
Munich Re
Jornada completa
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About the LH1 Madrid Hub (LH1 MAD) Together with the Hubs in Munich and London, LH1 MAD forms the Life and Health 1 division of Munich Re, LH1 MAD aims to become an increasingly relevant player in the generation of new business for Munich Re through its initiatives in Southern Europe and Latin America, while maintaining its stable and profitable portfolio in the region. To achieve its ambition, LH1 MAD has focused its growth strategy on scaling the traditional Protection business in Life and Health, shaping it via Business Transformation (Automated UW, B2B2C Cooperation Models, and Product Development), and expanding its Financial Reinsurance solutions across the region.
In addition to this, they will support the ongoing production of internal reports required, such as the Annual Risk Report, The Market/Deal Assessment processes and Operational risks analysis.
The collaboration with Non-Life is relevant as all MR offices operate under the one-roof concept, especially with the local compliance officers, but RM is not responsible for the compliance processes.
Review of large and complex transactions, especially with respect to financial, operational, legal and reputational risk, in line with the defined risk appetite.
Working collaboratively with other LH1 Risk Management units on projects and reviews
General Risk Management
Support the LH1 MAD to write and maintain profitable commercial business and innovation initiatives, in line with the business strategy and risk appetite, acting as a Business/Risk Partner
Develop the LH1 MAD risk strategy and appetite including product limits, striking the balance between risk guidelines and commercial demands
Be a point of reference for the business for guidelines and control processes
University graduate or equivalent; qualified actuary
Life pricing experience, in particular areas of Life Protection, Health and Reinsurance Structuring
Effectively dealing with senior stakeholders
Experience delivering projects and flexible working style
Commercial awareness and pragmatism; Very good English proficiency, Spanish would be a plus
A postgraduate qualification in insurance or risk management (e.
Understanding of key features of a reinsurance contract Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you. Retirement provision: state of the art in-house pension solutions. Health management: focus on your physical and mental health far beyond legal requirements. Hybrid working:
we offer
you a very flexible approach.
* Severely disabled candidates will also be prioritized, if equally qualified. life, school, and career experiences; You can request an adjustment by speaking to your Talent Acquisition contact.
Understanding of key features of a reinsurance contract Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you. Retirement provision: state of the art in-house pension solutions. Health management: focus on your physical and mental health far beyond legal requirements. Hybrid working:
we offer
you a very flexible approach.
* Severely disabled candidates will also be prioritized, if equally qualified. life, school, and career experiences; You can request an adjustment by speaking to your Talent Acquisition contact.