Munich Re Markets GmbH - Quantitative Structurer (m/f/d)

In this role, you will design and analyse bespoke risk management solutions for Munich Re Markets. You will work with cross-functional teams to develop and evaluate relief transaction concepts, focusing on profitability, risk tolerance, and client impact. You’ll build and validate advanced pricing models, simulate cashflows, and present concepts to clients. This is a hands-on role that shapes capital-market linked reinsurance solutions and requires rigorous, production-ready tools.

• Develop relief transaction concepts covering cashflows, balances, and economic deliverability within MRM risk tolerance
• Model and analyse risk factors (equity, rates, credit, fx, mortality, lapse) using quantitative/actuarial methods
• Create approach documents and illustrative tools for transaction concepts
• Develop, implement and enhance risk-neutral pricing models for capital-market-linked reinsurance
• Build cashflow simulations, scenario engines, and sensitivity frameworks using stochastic methods
• Perform back-testing and assess impacts on balance-sheet, regulatory and economic metrics
• Validate and improve modelling approaches; deliver robust, production-ready tools
• Collaborate with multi-disciplinary teams and origination partners
• Present solutions to clients and support evaluation processes with relevant materials
• Assess client motivation and engagement probabilities to support execution

• Degree in mathematics or physics (Master/PhD), insurance/financial mathematics
• 3+ years of relevant experience in life reinsurance, life insurance, wholesale banking or related areas
• Deep understanding of stochastic calculus, derivative pricing and risk-neutral valuation
• Proficiency with complex models and large simulations; strong attention to detail
• Professional programming experience, ideally in Python
• Exceptional presentation skills for communicating technical concepts
• Fluent English (additional languages advantageous)
• Strong analytical and conceptual abilities
• Intrinsic motivation and commercial instinct

• exceptional presentation skills
• analytical mindset
• team collaboration
• stochastic calculus
• derivative pricing
• risk-neutral valuation