Investment Specialist Strategic Asset Allocation Optimisation (m/f/d)*

Company
Munich Re
Location
Munich , Germany

The Group Investment Management (GIM) division is responsible for managing the proprietary Munich Re and ERGO investment portfolio of around €240bn. Being Munich Re's asset owner, GIM bundles the strategic asset allocation on Group level, defines the investment strategy, including the tactical asset allocation, and manages the selection of asset managers for the Group portfolio. Our mission is to create value by efficiently managing capital market risks, optimising returns, by utilising proprietary investment knowledge.

 

Within GIM, the team is responsible for optimisation and consultancy on strategic asset allocation for all relevant entities. These serve as a direct and regular input for investment decision making in top management level committees.

 

YOUR JOB

• Conduct and coordinate the optimization of the strategic asset allocation for all relevant entities of MunichRe Group (Reinsurance, ERGO P&C, ERGO Life&Health, ERGO International)
• Communicate, explain, present optimization results and recommend alternative positionings of the strategic investment portfolios to senior management
• Develop the framework for the complex stochastic optimization depending on the requirements and restrictions of the different entities with the aim of proactively reacting to changing business model needs
• Improve state-of-the-art optimization methods and develop optimization tools and algorithms
• Validate and challenge assumptions on return and various risk metrics
• Support acquisition and consulting of third-party clients

 

YOUR PROFILE

• Successfully completed university degree in mathematics, physics, business administration or economics with a quantitative focus
• Excellent analytical and conceptual skills
• Several years of professional experience in the construction of portfolios, ideally for re- and or primary insurance companies
• Good understanding of insurance business models with absolute and/ or relative return targets
• Expert knowledge of a broad range of capital market instruments
• Knowledge of quantitative business company models would be an advantage
• Excellent expertise in programming languages such as Matlab, R, VBA, Python
• Good command of written and spoken German and English language

 

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

 

About us 

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

 

Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

 

Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

 

Münchener Rückversicherungs-Gesellschaft
Ryan Stewart • HR Consultant
Königinstraße 107 • 80802 München • GERMANY