Title:  Head of Biometric Analysis and Insights (m/f/d)*

The team is part of Risk Intelligence and Knowledge Systems unit of Munich Re Life & Health division, which serves as a regional analytics centre (RAC) for Europe, UK and Latin Americas. The department is responsible for data and AI strategy development and execution, biometrics insights and knowledge modelling for more than 50 markets, for 500+ cedents, and 1,500+ active reinsurance contracts. We strategically invest in scalable, easy-to-use data and knowledge technologies to create and operationalize high quality products and services using structured and unstructured data, serving both internal and external clients. We believe that better data and advanced analytics can strengthen our reinsurance core and service business and will be the foundation for the business models of tomorrow.

Do you want to play a key role in shaping the future of the biometrics section within our department? Are you the next champion who changes the game for us? 
We are looking for a highly motivated and ambitious individual to join our team as a Head of Biometric Analysis and Insights for LH1 MUC Hub – the hub is responsible for all Life and Health Reinsurance business in Continental Europe (w/o Iberia, Italy, Malta) and Israel. The position will report into Head of Department, Risk Intelligence and Knowledge Systems.
You will ensure high quality of data management, experience studies and biometrics portfolio analysis with the focus on traditional statistical methods, actuarial models, and biometrics insights. Furthermore, key focus on expansion and extension of our existing actuarial studies infrastructure landscape, and overall biometrics team leadership. 
Biometrics being a fundamental piece of our business, this person will champion the topic with stakeholders in the MUC hub and ensure that business value add is in the forefront via current solution optimization and biometrics-driven new solutions offering. 

Join our team of industry experts and contribute your actuarial and systems’ expertise to make a significant impact on the life and health reinsurance sector. 

Your Job

• Developing and implementing the strategy and roadmap for biometrics transformation, including biometrics portfolio analysis 2.0
• Conceptualize and offer quantifiable business-value-first actuarial insights, including our data pooling strategy, to internal and external stakeholders along the whole (re)insurance value chain by using statistical methods
• Implement and augment operations, reusability, and automation of biometrics and actuarial analysis processes
• Plan, coordinate and lead experience studies in the life and health reinsurance sector. This includes collecting, cleaning, and analysing data related to disability, mortality, among other lines of business. Identify new trends, and emerging risks to support pricing, reserving, and underwriting decisions.
• Support the regional head of risk intelligence and knowledge systems with data integration projects, acting as a sparring partner, analysing, structuring and providing portfolio data sent by cedents (e.g. BPA in Germany) for horizontal data integration, among others.
• Participate and cooperate in projects driving evolution of our broader infrastructure, being single point of contact for biometric related requirements and associated local implementation.
• Provide leadership to a team of actuarial experts. Organize operative tasks, planning resources, and providing guidance to the team regarding overarching biometrics topics as well as innovation and marketing activities
• Cooperate and support regional departments projects with biometric expertise delivery, to capture biometrics knowledge in graphs, and develop supporting pipelines to enable broader graph usage (and underlying biometrics data) as a transparent self-service knowledge source. Sustain and evolve the developed domain ontologies.
• Turn insights into quantifiable value generation through identifying opportunities for improving existing reinsurance solutions and developing new products, and acting as an interface towards internal and external stakeholders
• Provide training and support to employees on actuarial progress and best practices.
• Work cross-functionally across the MUC Hub, and with our clients to identify relevant biometric analysis requirements and to define and execute on customer specific goals for risk understanding for various lines of business
• Establish and maintain robust compliance and governance frameworks, policies, and procedures to ensure accuracy, security, and compliance with industry regulations

Your Profile

• Advanced university degree with actuarial qualification
• Knowledge of (re)-insurance business, together with team leadership and management experience
• Several years of experience in an actuary role with focus on experience studies within Life and Health reinsurance, including actuarial concepts, risk assessment, and pricing methodologies, preferably in Europe 
• Deep expertise in data management and experience analysis tools, together with programming experience in R, Python, SAS, or similar.
• Experience with data visualization tools, such as Tableau or Power BI, to communicate analytical insights
• Experience in project management and/or team coordination
• A multicultural mindset with excellent people, change and conflict management skills, and strong emotional intelligence.
• Very high level of motivation paired with the capacity to take responsibility and work independently
• Flexibility and bringing a curious and creative mindset, open to new ideas and able to propose innovative ideas
• Very good written and spoken German and English
   

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
Benjamin Thauern • Senior HR Business Partner
Königinstraße 107 • 80802 München • GERMANY