Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Parametric Structuring Analyst

Location New York, United States Job type Full-Time Work mode Hybrid Job level Professional Job ID 13236 Company Munich Re America Employment type Regular Area of expertise Claims & Underwriting
Apply Now

Parametric Structuring Analyst

We’re adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.  We will consider a range of experience for this role and the offer will be commensurate with that.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products. 


The Opportunity

Future focused and always one step ahead.

We are seeking a Parametric Structurer Analyst to join our Parametric NatCat Americas team. This role will focus on deal management, supporting the Regional Director in executing business development strategies, and documenting transactions. The successful candidate will structure, underwrite, and execute parametric transactions and derivatives, develop new product offerings, and build relationships with clients, brokers, and external partners to drive business growth.

Responsibilities:

•           Strong technical skills in structuring, underwriting, and executing parametric transactions and derivatives

•           Ability to execute regional market strategies in line with global strategies

•           Excellent relationship-building and communication skills to establish, maintain, and strengthen contacts with clients, brokers, external partners, and key decision makers

•           Ability to support the execution of new product offerings and business cases, particularly in parametric solutions and Nat Cat peril-oriented products

•           Ability to monitor regulatory environments and changes that may affect product offerings or setup

•           Ability to manage carriers and legal requirements, including development and checking of primary and reinsurance wordings

•           Strong networking skills to build relationships with external transaction service providers, such as brokers, banks, risk modelers, law firms, rating agencies, and NGOs

•           Experience in contributing to the development and execution of regional market strategies and generating client/broker marketing materials

•           Strong analytical and problem-solving skills, with the ability to structure, price, and underwrite complex parametric transactions and derivatives

•           Ability to work collaboratively with internal stakeholders, including Corporate Underwriting, Finance and Control, and other business units within the Munich Re organization.

Qualifications:

•           Bachelor’s degree in law, business, economics, mathematics, or similar qualifications with a thorough understanding of reinsurance risk and actuarial principals.

•           2+ years of Catastrophe or Property related (re)insurance underwriting experience (Parametric experience preferred)

•           Attention to detail as pertains to complex structuring and contract wordings

•           Strong client orientation, with an entrepreneurial mindset and focus on execution

•           Excellent technical understanding and demonstrated proficiency using pricing tools and MS Excel

•           Underwriting knowledge of applicable Property Lines of Business is preferred

•           Fluency in Spanish preferred

•           Willingness to work in a team-environment to make key group decisions

•           Willingness to travel for client presentations and client maintenance (up to 25% of the time)

•           Underwriting knowledge of applicable Property Lines of Business is preferred

The Company is open to considering candidates in numerous locations, including New York City (NYC), NY. The salary range posted below applies to the Company’s NYC location.

The base salary range anticipated for this position is $115,600 - $169,500 plus opportunity for company bonus based upon a percentage of eligible pay.  In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). 

The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

  • Two options for your health insurance plan (PPO or High Deductible).
  • Prescription drug coverage (included in your health insurance plan).
  • Vision and dental insurance plans.
  • Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
  • Short and Long Term Disability coverage.
  • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
  • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded.
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
  • Eligibility to receive a yearly bonus as a Munich Re employee.
  • A variety of health and wellness programs provided at no cost.
  • Paid time off for eligible family care needs.
  • Tuition assistance and educational achievement bonuses.
  • A corporate matching gifts program that further enhances your charitable donation.
  • Paid time off to volunteer in your community.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

Explore Location

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

View All Jobs

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.