Munich Re Markets: Derivative Performance Analyst (m/f/d)*

In this role you will monitor and analyze how capital markets affect our life reinsurance portfolio, using quantitative methods to attribute performance and explain P&L. You will work in a front-office context, onboarding transactions, reporting, and driving automation with R and SQL. You’ll contribute to QA, audits, and cross-team activities, shaping tools that handle growing complexity. This position offers multinational collaboration and opportunities to advance automation and risk analytics in a leading global reinsurer.

• Competitive salary
• Retirement provision
• Work-life balance
• Health management
• Hybrid working
• Continuous learning

• Monitor and analyze capital-market impact on portfolio (Performance Attribution, P&L Explain)
• Front office system tasks: monitoring, onboarding new transactions, reporting, maintenance, automation
• Lead automation initiatives by improving existing code and developing new tools (R, SQL)
• Support quality assurance and both internal and external audits; contribute to recurring and ad hoc team activities

• University degree in mathematics, physics or computer science; strong knowledge of higher financial mathematics and derivatives valuation
• Theoretical and practical experience with derivatives and capital market products
• Advanced skills in R and SQL; Java knowledge desirable
• 3+ years in (re-)insurance, investment banking, trading, consulting or related fields
• Experience with IFRS 9/17 and regulatory standards; familiarity with Solvency II, SST, C-ROSS is a plus
• Experience with banking software or trading platforms, Calypso is an advantage
• Project work experience; project management capability
• Fluent business English; German is a plus

• Analytical and conceptual thinking
• Team player with problem-solving mindset
• Strong communication and cross-functional collaboration
• R
• SQL
• Java (desirable)