🇬🇧
The English-language job board for Spain
89,000+ live jobsCatastrophe Risk Analyst
On-site in Madrid·Full-time·Added 3 days ago (last checked 10 Nov)
Our summary
- Work mode
- On-site, Madrid
- Contract
- Full-time
- Experience
- 2+ years
- Education
- University degree
Visa options
The ad doesn’t mention sponsorship
Not a refusal, but not a yes. Worth asking in your first message.
Skills
Nice to have
Requirements
What we're looking for
- 2+ years' experience in a catastrophe risk, exposure management, actuarial or related analytical role.
- Degree in a quantitative, scientific or hazard-related discipline, such as Mathematics, Statistics, Engineering, Computer Science, Physics, Meteorology, Seismology, Atmospheric Science, Geography or Environmental Science. Equivalent industry experience will also be considered.
- Highly adaptable and comfortable working in a fast-paced, evolving environment, with the ability to take ownership, establish new processes and contribute to the development of a growing function.
- Strong analytical and data manipulation skills, with the ability to interpret and communicate complex datasets and modelling results.
- Experience with catastrophe modelling platforms, preferably Moody's RMS solutions, including RiskLink, Risk Modeller, IRP, UWIQ and/or EIQ.
- Experience supporting catastrophe event response activities, hazard monitoring and post-event reporting.
- Proficiency in SQL and Microsoft Excel; experience with Python, R, Power BI or similar analytical or programming tools would be beneficial.
Nice to have
- Experience with alternative catastrophe modelling platforms would be advantageous.
- Familiarity with local reporting requirements and catastrophe risk management frameworks is desirable.
The role
We are currently looking for a Catastrophe Risk Analyst to be based in Madrid on a full-time basis, reporting into the Head of Exposure Management
To provide exposure management and catastrophe risk analytical support to the Exposure Management and Underwriting teams, delivering high-quality risk insights to support underwriting and portfolio management decisions. The role is responsible for the collection, assessment, analysis and reporting of exposure management information, including both regular reporting and ad hoc analytical support for the Syndicate and its international distribution network.
The position will play a key role in establishing and developing an Exposure Management capability in Spain to support the growth of Munich Re Specialty Global Markets across Europe. Working within a developing function, the successful candidate will help shape processes, operating models and analytical capabilities while partnering with senior underwriting and risk stakeholders to support future regional growth.
What you'll do
- Analyse and manage large and complex datasets, utilising catastrophe and accumulation modelling tools to assess, quantify and communicate catastrophe and accumulation risk across the portfolio.
- Support the development and enhancement of data ingestion, transformation and quality control processes to improve the efficiency and accuracy of catastrophe modelling workflows.
- Interpret, synthesise and present catastrophe model outputs to underwriting teams, including analysis of portfolio changes, model movements and key risk drivers.
- Operate catastrophe modelling platforms and interrogate exposure and results databases using SQL and other analytical tools.
- Contribute to the continuous improvement of Exposure Management practices through process optimisation, automation and the development of new analytical capabilities.
- Support the design and implementation of operational workflows, controls and governance processes for the European Exposure Management function.
- Assist the Head of Exposure Management in building and developing a high-performing Exposure Management team to support future regional growth.
- Develop innovative analytical solutions to help underwriting teams better understand, quantify and manage catastrophe risk.
- Assess and monitor exposures throughout the underwriting lifecycle, from data receipt and validation through to modelling, analysis and reporting.
- Support post-event analytics and loss estimation activities for both natural and non-natural catastrophe events.
- Assist in the validation, benchmarking and review of third-party catastrophe models and associated modelling assumptions.
About Munich Re
Munich Re is one of the world's largest reinsurers, headquartered in Munich, Germany. The company provides reinsurance, primary insurance, and insurance-related risk solutions to clients in over 100 countries. With a workforce of over 40,000 employees, Munich Re is a global leader in the insurance and reinsurance industry, known for its financial strength and innovative risk management.
In Spain, Munich Re operates through its subsidiary, Munich Re Spain, with offices in Madrid and Barcelona. The company offers a dynamic and international work environment, with opportunities for professional growth and development. For international professionals, Munich Re provides a multicultural workplace, competitive benefits, and the chance to work with a diverse team of experts in the insurance sector.
- Industry
- Insurance and Reinsurance
- Founded
- 1880
- Employees
- 40,000+
- Headquarters
- Munich, Germany
- In Spain
- Madrid, Barcelona
Good to know if you are moving
- Munich Re has a strong global presence, offering international career opportunities and cross-border mobility.
- The company is known for its strong financial stability and long-term employment prospects.
- Spain offices are located in Madrid and Barcelona, both major hubs with excellent connectivity.
- Munich Re supports professional development through training programs and internal mobility.
- The company offers a multicultural work environment with employees from various nationalities.
In their own words
About the company & team
At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
Additional information
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow
At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Learn more about sustainability at Munich Re - choose your impact!
#BePresent #BeBold #BeCurious
Location
Munich Re · Madrid
Loads Google Maps, which may set its own cookies.
🇬🇧
🇬🇧
🇬🇧
🇬🇧
🇬🇧 🇪🇸
€34k - €44k
🇬🇧
🇬🇧
🇬🇧
🇬🇧
🇬🇧
🇬🇧
🇬🇧