Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. We are looking for a Junior Data Scientist to assist the dedicated data and analytics unit with advanced statistical knowledge.

Your Role:

• Develop and maintain an understanding and a sound base knowledge of life & health insurance and reinsurance and the technical requirements for appropriate data management.
• Automation of data extraction, developing data pipelines and data warehouse designs
• Understanding advanced analytics and identifying potential business cases for its applications
• Application of statistical and machine learning (supervised and unsupervised) methods
• Interpretation of model outcomes in a business context and advanced data visualizations
• Work with structured databases containing data from multiple sources, at various granular levels, to deliver good-quality analytics and visualization projects
• Provide underlying technical support to the actuarial team in monthly reserving data preparation, and consolidations.
• Enhance internal and external stakeholder understanding of data-related issues through effective communication.
• Proactively commit to stakeholders on both quality and timelines for delivery of new or modified tools.
• Run effective data management and extraction workshops as required.
• Be the key link between MRUA and its internal and external data platforms/partners to ensure proper knowledge of provided data structure. This will be particularly important for new platforms and during data format changes.
• Develop and maintain an understanding of the full suite of internal and external data systems and structures.
• Develop and maintain knowledge about required relational database tools, e.g. SQL, to extract and analyse data effectively and efficiently.

Your Profile:

• Bachelor’s degree in Computer Science, Mathematics, Statistics, Actuarial Science, and/ or a comparable degree with a sound IT and mathematical background
• A master’s degree in one of the mentioned subjects would be an advantage
• 1-3 years of experience as a working student or a data analyst preferably within the insurance/reinsurance/actuarial field.

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.