Madrid Catastrophe Risk Analyst — Exposure Modeling

Munich Re; Madrid; On-site; EUR 42,000 - 65,000; Full time

Job summary

Munich Re is seeking a Catastrophe Risk Analyst to be based in Madrid on a full-time basis, reporting to the Head of Exposure Management. The role provides exposure management and catastrophe risk analytical support to underwriting and portfolio decisions, collecting, assessing, and reporting exposure information for the Syndicate and its international network.

The successful candidate will help establish an Exposure Management capability in Spain, shaping processes and analytics while

Qualifications

• 2+ years in catastrophe risk, exposure management, actuarial or related analytical role.
• Degree in a quantitative, scientific or hazard-related discipline.
• Strong analytical and data manipulation skills for complex datasets.
• Experience with catastrophe modelling platforms, preferably Moody's RMS solutions.
• Proficiency in SQL and Microsoft Excel; Python or R is beneficial.

Responsibilities

• Analyse and manage large datasets to assess catastrophe and accumulation risk.
• Support development and enhancement of data ingestion, transformation, and quality control for modelling workflows.
• Interpret, synthesize, and present catastrophe model outputs to underwriting teams.
• Operate catastrophe modelling platforms and interrogate exposure databases using SQL and other tools.
• Contribute to continuous improvement of Exposure Management practices through automation and new analytics.
• Assist in designing and implementing workflows, controls, and governance for European Exposure Management.
• Develop innovative analytical solutions to help underwriting quantify catastrophe risk.
• Monitor exposures across the underwriting lifecycle from data receipt to reporting.
• Support post-event analytics and loss estimation for natural and non-natural events.
• Validate and benchmark third-party catastrophe models and assumptions.

Skills

SQL

Excel

Python

R

Data analysis

Catastrophe risk

Exposure management

Education

Quantitative discipline degree

Tools

Moody's RMS

RiskLink

Risk Modeller

IRP

UWIQ

EIQ

Job description

Munich Re is seeking a Catastrophe Risk Analyst to be based in Madrid on a full-time basis, reporting to the Head of Exposure Management. The role provides exposure management and catastrophe risk analytical support to underwriting and portfolio decisions, collecting, assessing, and reporting exposure information for the Syndicate and its international network.

The successful candidate will help establish an Exposure Management capability in Spain, shaping processes and analytics while