Location
London , United Kingdom
Global Consulting is one of Munich Re's areas of strategic growth. We are a trusted risk advisor in primary insurance focused on improving our client's portfolio performance and helping them create new business opportunities. Our main goal is to enrich Munich Re's value proposition to increase the profitability of the existing reinsurance business and to produce new reinsurance business and fees. We are based in Munich, London, Johannesburg, Singapore, Sydney, and Beijing and are now building a new team in Latin America.
To complement our team of recognised consultants, we are looking for an (Associate) Consultant in our Insurance Solutions practice which provides top-quality consulting services and tailored insurance solutions across different lines of business to insurtechs, startups, and established players.
We are looking for a technically minded person who has an interest in and appreciation of product development, pricing, underwriting, and analytics.
The position is located in one of the offices of Global Consulting and reports to a partner for Global Consulting.
Your job
- Delivery on consulting our primary insurance clients in close collaboration with other members of the delivery team.
- Implement workstreams in daily projects, being part of deal teams.
- Help build insurance solutions in product development, pricing, underwriting, portfolio management and claims.
- In-depth collaboration and partnering with relevant units across the Munich Re Group and externally to expand consulting services to build new capabilities and new intellectual property.
Your profile
- University Degree in Engineering, Economics, Physics, Mathematics, Actuarial Science or another comparable discipline.
- From zero (Associate Consultant) to five years (Consultant) of experience in primary insurance or consulting
- Knowledge of and interest in advanced analytics and how these methodologies best contribute to Underwriting & Pricing and Claims.
- High commitment, responsibility, and delivery.
- Experience identifying client needs and develop solutions
- Comfortable with work travel- occasionally in longer periods
- Excellent command of written and spoken business English also French or Spanish
About us
MRSG UK Services Limited is the employing entity for staff supporting the business activities of Munich Re Syndicate Limited (MRSL), Munich Re Specialty Group Limited (MRSG), Munich Re Specialty Insurance (UK) Limited (MRSI UK), Roanoke International Brokers Limited (RIBL) and Munich Re Digital Partners Limited (DP).
As part of Munich Re Specialty Group (MRSG), Munich Re Specialty Insurance (UK) Ltd (MRSI UK) brings together the long-standing and market-leading underwriting and claims expertise of NMU in the UK marine & specialty insurance markets with GrovesJohnWestrup, our UK Private Client proposition for insurance brokers and other intermediaries with clients who have unique and complex risks, as well as GJW Direct, UK‘s Specialist Direct Boat insurer.
Additionally, MRSI UK is affiliated with Munich Re Digital Partners Ltd (MRDP) that provides digital distributors a comprehensive go-to-market partnership in the UK and the EU, and Munich Re Risk Solutions Ireland Ltd (MRRSI) offering marine & specialty insurance solutions in Ireland and the EU.
As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Hong Kong, Singapore, Labuan and Dubai. We are also represented in Lloyd’s China.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Energy & Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.
Known for our dedication to excellence and quality of service provision, we pride ourselves on offering you a phenomenal place to work.
Munich Re’s employees are the backbone of the Group’s business success. They are the people that drive the business forward and develop new solutions for our clients.
Ensuring that we recruit versatile staff is therefore crucial to our future success. Our objective is to make Munich Re the employer of choice for potential employees on the global job market..
To help us achieve this goal we offer a competitive salary and a generous and comprehensive benefits package which we regularly review in accordance with external market data, to ensure you are paid fairly and our benefits are tailored to suit your lifestyle. Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.
Please Note: All applications must be received via the website. Any CVs received via email will not be considered.
Once you hit apply, there is a short, 10 minute application form to complete. Please ensure you attach your current CV when applying and include details regarding your salary expectations. If you have a disability or special need that requires accommodation, please let us know. Due to volume, we cannot always provide detailed feedback at CV stage.