Parametric Structuring Analyst

Responsibilities

• Strong technical skills in structuring, underwriting, and executing parametric transactions and derivatives
• Ability to execute regional market strategies in line with global strategies
• Excellent relationship-building and communication skills to establish, maintain, and strengthen contacts with clients, brokers, external partners, and key decision makers
• Ability to support the execution of new product offerings and business cases, particularly in parametric solutions and Nat Cat peril-oriented products
• Ability to monitor regulatory environments and changes that may affect product offerings or setup
• Ability to manage carriers and legal requirements, including development and checking of primary and reinsurance wordings
• Strong networking skills to build relationships with external transaction service providers, such as brokers, banks, risk modelers, law firms, rating agencies, and NGOs
• Experience in contributing to the development and execution of regional market strategies and generating client/broker marketing materials
• Strong analytical and problem-solving skills, with the ability to structure, price, and underwrite complex parametric transactions and derivatives
• Ability to work collaboratively with internal stakeholders, including Corporate Underwriting, Finance and Control, and other business units within the Munich Re organization.

Qualifications

• Bachelor’s degree in law, business, economics, mathematics, or similar qualifications with a thorough understanding of reinsurance risk and actuarial principals
• 2+ years of Catastrophe or Property related (re)insurance underwriting experience (Parametric experience preferred)
• Attention to detail as pertains to complex structuring and contract wordings
• Strong client orientation, with an entrepreneurial mindset and focus on execution
• Demonstrated proficiency using pricing tools and MS Excel
• Underwriting knowledge of applicable Property Lines of Business is preferred
• Fluency in Spanish preferred
• Willingness to work in a team-environment to make key group decisions
• Willingness to travel for client presentations and client maintenance (up to 25% of the time)

Benefits

The Company offers a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• An employee wellness program provided at no cost
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• Paid time off to volunteer in your community
• Tuition assistance and educational achievement bonuses
• A corporate matching gifts program that further enhances your charitable donation