Munich Re is one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we've been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage - from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We're also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world's most sought-after risk partners for businesses, institutions, and private individuals.

Our corporate culture is defined by performance, mutual respect and trust. All this makes us an attractive employer providing global career development opportunities and prospects.
Credit risks are the main underwriting focus in EULA5. The Global Credit Solutions (GCS) team is writing business mainly with global banks by insuring credit risks originated by the banks, where the team assumes the role of a primary insurer. Your task as a Client Relation Risk Manager is to attract new bank clients, manage existing bank clients and writing proactive business within your responsibility. It is necessary to meet credit decision in conjunction with the Risk Underwriting (RUW).

Your Job:
* Developing our global business by binding new transactions with new and existing clients
* Establish new and foster existing client relationships, with focus on the global banks. Identify the relevant people within these organisations and establish a personal relationship
* Negotiation and finalizing of insurance policies and Master Risk Participation Agreements with the global banks
* Own risk assessments of the transactions offered by the banks, especially around CVA portfolios & single deals
* Assessment of the banks capabilities in originating and assessing credit risks in all relevant finance products
* Cooperation with internal support function to ensure proper representation in Reporting, Accounting, Tax, etc.
* Expert and Center of Competence within the team for Treaty Pricing, process automation and Bloomberg data collection and modelling


Your Profile:
* University degree, preferably in business or economics, or equivalent training (banking traineeship followed by relevant further education)
* Several years' professional experience within financial industry in the field of modelling market price risk
* Several years' professional experience in the signing of risk transfer products between banks and / or insurance companies
* Excellent understanding of the regulatory requirements applicable to international banks and financial institutions.
* Superior analytical skills in conjunction with a pronounced risk awareness and sense of responsibility, along with a willingness and ability to justify decisions in a clear and comprehensible manner
* Team spirit, initiative, ability to work independently, solution-based approach
* Business-level English required; additional excellent foreign-language skills an advantage
* Confident manner, high degree of social skills when interacting with colleagues, clients or in-house interfaces


Application Instructions
In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us
As the world's leading reinsurance company with more than 16,000 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
Yamina Djurisic
Talent Acquisition Partner