Claims Data Scientist

• Designing, developing and maintaining robust data models that ensure consistency, comparability and integrity across all clients’ data, while enabling efficient access and use by internal and external partners
• Validating and improving metrics and data quality to ensure calculations are accurate
• Creating KPI reports for internal stakeholders analysing claims portfolios (incl. root cause analysis) in support of internal oversight activities and support business decisions.
• Creating roadmaps for the life cycle of data projects
• Using statistical tools to interpret data sets, detecting trends and patterns that could be valuable for diagnostic and predictive analytics efforts
• Assisting with the preparation of loss runs and claims selection for audits and due diligences
• Participating in special projects (e.g. conduct risk, consumer duty, KPIs) and ad hoc reporting, as required

Required Skills and Experience:

• Associate degree/BA and at least 5 years data analysis experience
• Excellent command of and hands-on experience with Microsoft Office (Excel, Power BI), Azure DevOps, VBA and DAX. Good experience in developing visual reports, dashboards and KPI scorecards using Power BI. Proficient in SQL, with practical experience in R or Python.
• Experience in connecting data sources, importing data and transforming data
• Working knowledge of insurance & reinsurance
• Strong and analytical skills with the ability to collect, organise, analyse and disseminate significant amounts of information with attention to detail and accuracy
• Very good understanding of processes, workflows and data structures
• Ability to work independently in a dynamic environment, results-driven and practical approach to work products
• Proactive in identifying process improvements and adaptive to change

Regulatory & Conduct Requirements:

• Understanding the responsibilities and adhering to the requirements of undertaking in an FCA/PRA regulatory environment
• Ensuring compliance with Insurance Distribution Directive
• Satisfying all claims-related regulatory reporting requirements in collaboration with the reporting function
• Ensuring compliance with Munich Re’s Code of Conduct and the FCA’s Conduct Rules
• This role is in scope of IDD

Additional Personal Attributes:

• Confident and articulate communicator
• Client aware
• Analytical
• Numerate
• Self-motivated
• Attentive to detail
• Able to assimilate and summarise information
• Able to work to deadlines and adhere to guidelines/standards

Benefits:

You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10% We are one of the few employers to offer fully paid 6 months family leave for times when you need it the most.

Diversity Equity & Inclusion

At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.