Credit analyst (Risk Underwriter) (m/f/d)*

Münchener Rückversicherungs-Gesellschaft; München; Hybrid; EUR 70.000 - 90.000; Vollzeit

Zusammenfassung

A leading reinsurance company in Munich is looking for a Risk Underwriter to analyze complex project and asset-backed financings. The ideal candidate will have a Master's degree, experience in infrastructure finance, and strong analytical skills. This role involves preparing credit applications, monitoring portfolios, and collaborating with deal teams. The company offers competitive salaries, a hybrid working model, and a focus on work-life balance, while promoting diversity and continuous learning.

Leistungen

Competitive salary

Health management

Hybrid working

Qualifikationen

• Experience in project/infrastructure finance and asset-backed finance.
• Knowledge of cash-flow based financing structures.
• Interest in economic, political and regulatory topics.

Aufgaben

• Analyze complex structures of project/infrastructure financing.
• Prepare internal credit applications with recommendations.
• Monitor existing portfolios and identify significant risks.
• Cooperate closely with deal teams and participate in client meetings.

Kenntnisse

Analytical skills

Risk awareness

Team player

MS Office proficiency

English proficiency

Ausbildung

Master's degree in business or economics

CFA qualification

Tools

Excel

Power BI

Jobbeschreibung

For Project / Infrastructure Finance and Asset-backed structures

The Global Credit Solutions (GCS) team is writing business mainly with global banks by insuring credit risks originated by the banks, where the GCS team assumes the role of a primary insurer. Your role as Risk Underwriter (RUW) is to support the GCS team with the risk analysis of Infrastructure and Asset-backed Financing (incl. Commercial Real Estate) as well as to take or prepare independent credit decisions in conjunction with the Client Relationship & Risk Manager (CRRM).

Your Job

• Independently analyse complex structures of project / infrastructure and asset-backed financings - both in the context of single risk as well as portfolio transactions (the latter with focus on underwriting quality of the bank)
• Prepare internal credit applications, making informed recommendations and providing internal stakeholders and clients with reasoned explanations for decisions
• Determine the maximum risk appetite for large single transactions involving multiple cedents
• Monitoring and steering of existing (sub-)portfolios; identification of significant risks at an early stage and initiate appropriate risk measures
• Cooperate closely with a deal team and participate in client meetings on specific deals or due diligence purposes
• Assist with the examination and development of strategic growth initiatives and new business opportunities
• Support efforts to enhance existing tools, credit risk management systems and processes

Your Profile

• Master degree, preferably in business or economics or with a scientific focus; additional qualifications such as CFA or equivalent are a strong advantage
• Several years’ professional experience in the field of project / infrastructure finance and other asset-backed finance structure (e.g. commercial real estate) across various sectors and regions
• Expertise in the field of IT infrastructure, renewable energy and energy transition are an advantage
• Relevant product knowledge of cash‑flow based financing structures and thorough understanding financial models
• In-depth knowledge of credit risk management in banks (incl. rating methodologies) and a keen interest in economic, political and regulatory topics (especially ESG)
• Excellent analytical skills combined with a pronounced risk awareness and sense of responsibility, independent and result‑oriented working style, ability to justify decisions in a clear and comprehensible manner
• Sound conduct of MS‑Office (especially Excel and Power BI) and interest for AI supported analysis
• Strong team player and confident demeanour, able to contribute in a dynamic and collaborative environment
• Very good written and verbal command of English; additional business‑relevant languages are an advantage

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 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.

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