Security Analyst

Position Overview

The Security Operations Center (SOC) enhances MunichRe’s and ERGO’s cybersecurity posture by providing a centralized monitoring, detecting, responding to, and managing security incidents and threats. It serves as the backbone of the cybersecurity strategy, aiming to proactively defend against threats and respond effectively to incidents to safeguard MunichRe’s and ERGO’s infor-mation and reputation.

Your Role:

• Process security incidents that have already been pre-qualified in level 1 SOC analysis based on playbooks that are created and maintained in SIEM engineering
• Document the incident
• Transfer the incident to the appropriate party (e.g. CSIRT) and support them in the further analysis and processing of that security incident if the incident cannot be resolved in Level 2
• Document improvement potential per incident and implementation of lessons learned
• Create and maintain standards for internal procedures governing the day-to-day work of the team
• Contribute to regular feedback workshops with SIEM Engineering, Level-1, and CSIRT to optimize the procedures and the tools used, such as run books
• Define configuration standards for hardening of systems
• Support SIEM Use Case Development - Collaboration in the creation, maintenance, and optimization of the rules and regulations and the instructions for the processing of incidents
• Carry out operational activities ordered by the IT Security Manager
• Provide on-call duty

Your Profile:  

• Postgraduate diploma from accredited institution
• Minimum of 2 years of working experience in a Security Operations Center (SOC) or Computer Security Incident Response Team (CSIRT)/Computer Emergency Response Team (CERT)
• Strong knowledge of current and emerging security threats
• Broad experience in network infrastructure e.g. firewalls, IDS/IPS systems
• Knowledge of Internet technologies, server, desktop, and mobile OS
• Ability to work according to compliance standards in a confidential environment
• Ability to explain complex technical matters in simple terms
• Strong analytical and communication skills
• Flexible, creative, and a good team player with a "can-do" attitude
• Willingness to engage in continuous learning and self-education
• Willingness for on-call shifts

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.  By turning uncertainty into manageable risk, we enable fundamental change.  We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.  We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry.  We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• An engaging and collaborative environment that promotes continuous learning and development
• A hybrid work environment that combines weekly in-office and remote days with Meeting-Free lunch hours and Focus Friday afternoons
• A great compensation package including annual company bonus
• Market leading company-paid flexible health and dental benefits, starting on your first day
• Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
• Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
• Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
• Maternity, Parental & Adoption Leave top-up program
• Employee Referral Program, Recognition & Rewards Platform

Our base salary range for this role is between $85,785 and $114,345 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for a new vacancy. 

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Successful candidates must be prepared to relocate to the specified job location in the job posting and will be employed directly under the hiring entity's contractual terms.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.