Intern for Financial Analyst Investments

New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. In 1988, NewRe became part of Munich Re Group, one of the world’s leading reinsurers. What makes NewRe special, is that it combines exceptional financial strength and ratings with the flexibility and creativity of a medium-sized reinsurer.

NewRe stands for intelligent reinsurance solutions. We serve our clients with open minds and a can-do attitude. Responding swiftly and effectively to client needs and market developments is a key component of our entrepreneurial approach.

The department Capital Partners/Prospective Structuring develops together with the business units structured non-life reinsurance solutions to help clients actively manage their risks and capital position.

You will be in charge of structuring complex reinsurance transactions, with a focus on technical aspects and development of new solutions. You will work out of NewRe with colleagues from Capital Partners and from other Munich Re Group Underwriting units worldwide in deal teams. We are looking for a motivated Senior Structurer with a finance, underwriting or modelling background.

Place of work

Zürich

Your responsibilities

Structuring

• Structuring and pricing of prospective structured reinsurance solutions for non-life lines of business, internationally
• Assessing specific client needs and analyzing the value added from both internal and clients’ perspectives for different solutions
• Designing and rating of parametric products in accordance with latest technological developments and high level technical risk analysis
• Modelling of complex transactions, incorporating underwriting knowledge from specialized divisions
• Translating reinsurance structures into contractual documentation
• Negotiating transactions with the client in a team approach

Transaction management

• Leading deal teams for single transactions, involving external and internal parties
• Advising client management in the early phase of projects
• Providing technical guidance during referrals
• Coordinating with internal stakeholders before and during the closing phase of the transaction

Product development

• Developing innovative reinsurance solutions and challenging existing structures from different client perspectives
• Analyzing typical client demand for financial performance enhancements and deducing critical factors to meet needs
• Building up internal and external networks for structured solutions and presenting to clients
• Extending current portfolio of reinsurance solutions together with other Munich Re Group units and the corporate center
• Supporting strategic projects and initiatives as well as giving of internal and external technical presentations

Your profile

• University degree in quantitative, economics subject or geophysical/natural science
• At least 5 years’ experience in the insurance, reinsurance or financial consultancy sector
• Experience in the pricing or structuring of complex reinsurance programs or experience in financial and/or cat modelling, combined with exposure to underwriting
• Know-how as project leader with good project management and interpersonal skills
• Innovative and persistent with competence to prioritize
• Strong team player with ability to both lead and participate in deal teams in a global environment
• Willingness to travel on business (worldwide) as required
• Fluent spoken and written business English; German or another European language an advantage

Your opportunity

At NewRe our employees are our key asset. We therefore embrace a flexible hybrid working model appreciating its positive impact on our achievements and wellbeing, while acknowledging the vital role of social interaction. We strongly believe that all of this is fundamental to the performance of our company. Together we create and articulate a compelling and ambitious shared purpose, vision and direction.

As an employer, we take pride in fostering a company culture of mutual trust and esteem. Likewise, we attach great importance to nurturing an inclusive working environment where different thoughts, generations, cultures and experiences are valued and encouraged. Our commitment to equal treatment of all employee is reflected in our pay practice that has been awarded the attestation for equal pay by Willis Towers Watson (in line with the Swiss Federal Act on Gender Equality).

We love challenges and flexibly bundle our skills, experience and personalities to deliver outstanding results. Embracing new ways of working and digitalisation, we continuously grow with our customers and partners. To learn more about us, check out

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