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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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)
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