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  • Posted: May 5, 2023
    Deadline: Not specified
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    The foundation of Munich Reinsurance Company in 1880 is largely due to the efforts of Carl Thieme. It is also Thieme who stated that: "By its nature, reinsurance needs to be international". He consistently follows his conviction by putting the company on an international footing from the very start. He establishes a business model whose essential f...
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    GLUW Group Risk Implementation Specialist

    Department Description

    • The Group Risk business development team is responsible for the profitable growth of the group risk reassurance business by nurturing and developing existing and new markets and client relationships, expanding MRoA Life footprint and market reach. One of the main strategic programs to increase profitable growth is the development, roll out and maintenance of GLUW (Group Life Underwriting Workspace – MRoA’s online group risk quotation tool), which is the specific focus of this role. You will report in to the Head of New Business Development.

     

    Your Job:

    • Aim to acquire profitable Group Risk reassurance business which adds to the bottom line of MRoA Life, value of new business and embedded value
    • Help develop and drive the MRoA Group Risk client strategy with specific focus on GLUW
    • Project manage the further development and roll out of GLUW. The partners include: Product and Pricing, IT developers, GLUW product owner, Munich Re regional IT, Head of Digital, Group Risk business development, Risk Management, Legal and Compliance, Clients etc.
    • Ensure all specifications for GLUW new build and enhancements are clearly defined for development
    • Specifically focusing on clients using or in the process of implementing GLUW:
    • Build collaborative and sustainable relationships
    • Responsible for client roll out of GLUW (and any additional future requirements/maintenance) pro-actively, taking responsibility for deliverables.
    • Responsible for quotation authority and other parameterisation of GLUW for specific client
    • Responsible to deliver client requirements
    • Guide, co-ordinate and contribute internal and client training and knowledge sharing sessions on GLUW
    • Guide, co-ordinate and contribute to the marketing of GLUW
    • Ensure all documentation related to GLUW is in place (including treaty amendments, GLUW user manual, contracts, compliance).
    • Accountable person for GLUW audits.
    • Help evolve the GLUW road map including the prioritisation of new build and enhancement items
    • Co-ordinate and contribute to the standardisation of MRoA’s group risk offering.
    • Responsible for GLUW quarterly rate updates deploy
    • Co-ordinate or contribute to tender projects, pulling in functional experts where required
       

    Your Profile:

    • Qualified or nearly qualified Actuary
    • Risk Experience (at least 5 years) which includes pricing experience with sound technical understanding of Life products (Experience in Group Risk would be a significant advantage)
    • Excellent Project management skills (at least 2 years project management experience)
    • Experience working on IT development projects
       

    Our Benefits:

    • Life and Health Benefits.
    • Retirement Benefits.
    • Hybrid working environment.
    • Bonus Scheme.
    • Employee Assistance Program.
    • Wellness Programs.
    • Global Mobility.

    Method of Application

    Interested and qualified? Go to Munich Re on munichre-jobs.com to apply

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