At a Glance
- Tasks: Transform finance processes by automating tasks and enhancing data quality.
- Company: Join Munich Re, a leading global insurance provider with a supportive culture.
- Benefits: Enjoy 25 days leave, private medical insurance, and hybrid working options.
- Other info: Diversity and inclusion are at our core; we welcome all applicants.
- Why this job: Make a real impact in finance while working with innovative tools and solutions.
- Qualifications: Technical background in finance or actuarial, with strong Excel and analytical skills.
The predicted salary is between 50000 - 60000 £ per year.
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
We are looking for a Digital Finance Analyst to join our team in London on a 12 month fixed-term contract. Drive the transformation of the finance and actuarial function by identifying, designing and delivering solutions that automate manual work, improve data quality and enhance existing tools. Working closely with IT and cross‑functional business partners, you will scope and build new solutions, support their transition into production through training and stakeholder engagement, and leverage capabilities from across the Munich Group for local MRSG implementation. This role sits alongside Fusion, an ambitious project to change the ERP system. Depending on where the need is greatest, you may contribute directly to Fusion delivery, provide cover so others can focus on it, or carry the function’s wider transformation and automation work through the project. Flexibility to move between these as priorities shift is part of the role.
Responsibilities:
- Review existing financial & actuarial processes to identify opportunities for automation and enhancements.
- Scope, design, build and test new solutions, utilising the latest tools and best practices to drive the finance & actuarial function transformation journey.
- Support the transition of new solutions from the development to the production phase, through stakeholder communication, delivering in‑house training and shaping the development of support models.
- Work in partnership with IT to explore and on‑board leading software solutions that enhance how the finance and actuarial function operates.
- Work with cross functional business partners to support transformation projects end to end across various business functions.
- Explore and leverage solutions being used across the Munich Group for local MRSG implementation.
Knowledge and Skills:
- Technical background in either Finance or Actuarial.
- Experience in General Insurance (preferred but not essential).
- Advanced knowledge of Excel, including Power Query / Power Pivot.
- Familiarity with data preparation tools such as Alteryx or Power Query.
- Familiarity with data visualisation tools such as Power BI or Tableau.
- Presentation skills.
- Analytical, critical thinker with a problem‑solving attitude.
- Good communication skills and confident speaking to technical and business stakeholders.
- Relationship management: ability to partner and influence at all levels within an organisation.
- Energetic and curious. Innovation mindset with a proven record of process improvement.
Diversity, Equity & Inclusion:
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. 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.
Benefits:
- 25 days Annual Leave + bank holidays.
- 10% Non‑contributory Pension.
- Eligibility for an Annual Bonus.
- Private Medical + Dental Insurance.
- Critical illness insurance + Life Assurance + Permanent Health Insurance.
- Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility).
- Electric Vehicle Salary Sacrifice Scheme.
- Study & continuing Professional Development Support.
- Hybrid Working + IT Home Set‑up Support.
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!
Digital Finance Specialist employer: Munich Re
Munich Re Specialty – Global Markets is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Digital Finance Specialist to thrive. With a strong commitment to employee growth, the company offers extensive benefits including 25 days of annual leave, a non-contributory pension, and support for professional development, all within the vibrant city of London. The inclusive work environment encourages diverse perspectives, ensuring that every team member can contribute meaningfully to transformative projects while enjoying a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Digital Finance Specialist
✨Tip Number 1
Network like a pro! Reach out to current employees at Munich Re or in the insurance sector on LinkedIn. Ask them about their experiences and any tips they might have for landing a role like the Digital Finance Specialist.
✨Tip Number 2
Prepare for your interview by brushing up on your technical skills. Make sure you can confidently discuss tools like Excel, Power BI, and any automation processes you've worked on. Show us how you can drive transformation!
✨Tip Number 3
Don’t just focus on your qualifications; highlight your curiosity and problem-solving mindset. Share examples of how you've identified opportunities for improvement in past roles. We love candidates who think outside the box!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you're genuinely interested in being part of the Munich Re family. Don’t hesitate, get your application in!
We think you need these skills to ace Digital Finance Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Digital Finance Specialist role. Highlight your technical background in finance or actuarial work, and don’t forget to mention any experience with automation and data quality improvements!
Craft a Compelling Cover Letter:Your cover letter is your chance to show us your personality! Share why you’re excited about the role and how your innovative mindset can contribute to our transformation projects. Be bold and let your curiosity shine through!
Showcase Your Technical Skills:We’re looking for someone with advanced Excel skills and familiarity with tools like Alteryx or Power BI. Make sure to include specific examples of how you’ve used these tools to drive process improvements in your previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at Munich Re!
How to prepare for a job interview at Munich Re
✨Know Your Numbers
As a Digital Finance Specialist, you'll need to demonstrate your technical background in finance or actuarial science. Brush up on key financial concepts and be ready to discuss how you've used tools like Excel, Alteryx, or Power BI in past roles. This will show that you can hit the ground running.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've identified opportunities for automation or process improvement in previous positions. Be specific about the challenges you faced, the solutions you implemented, and the results achieved. This aligns perfectly with the role's focus on transformation and efficiency.
✨Engage with Stakeholders
Since this role involves working closely with IT and cross-functional partners, practice articulating your ideas clearly and confidently. Think of scenarios where you've successfully communicated complex information to non-technical stakeholders, as this will highlight your relationship management skills.
✨Embrace Curiosity and Flexibility
The job description emphasises a culture of curiosity and adaptability. Be prepared to discuss how you've approached learning new tools or processes in the past. Show that you're not just willing to adapt but excited about the opportunity to contribute to projects like Fusion.