Fixed Income Investment Manager - Tactical Asset Allocation (m/f/d)*

Fixed Income Investment Manager - Tactical Asset Allocation (m/f/d)*

Group Investment Management (GIM) is responsible for managing the proprietary Munich Re and ERGO investment portfolio of around €240bn. Within GIM, the Tactical Asset Allocation (TAA) department determines the tactical asset allocation for the entire Munich Re Group. This means building a granular TAA on the basis of the long-term strategic allocation (SAA) and regularly updating it to reflect changes in the political/economic environment and movements on the capital markets. The department brings together experts in all liquid asset classes and markets. Portfolio positions in all asset classes are weighted using quantitative and qualitative methods to achieve an efficient investment portfolio.

In this responsible and impactful role you will operate in a challenging and dynamic capital markets environment and join the team as an Investment Manager in the Fixed Income section.

Your Job

• Develop and maintain our quantitative models for market analysis and forecasting with focus on credit and emerging markets
• Evaluate and develop proprietary and value-creating investment ideas, strategies and solutions
• Extend and maintain the TAA’s market analytics infrastructure including the evaluation and connection of new data sources
• Work jointly with the TAA team to continuously improve the efficiency of the overall investment portfolios. Thereby balancing investment considerations with the financial objectives of the company.
• Contribute to the consolidation of risk/return characteristics of different asset classes with other market professionals
• Share your expert analysis/judgments with the Munich Re Group’s investment community and committees

Your Profile

• Strong knowledge about and a passion for financial markets, commitment to professional excellence and learning
• Excellent programming skills (preferably Python) and profound knowledge of statistical methods and data analytics
• Innovative thinker and structured solution developer
• Strong presentation and communication skills, and fluency in English
• Expertise in managing Life & Health portfolios and good knowledge of German GAAP optimised products and strategies would be an advantage
• Advanced degree preferably in a technical field and at least two years' work experience

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re 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.

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 equalopportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.