Job ID: 46115706752Posted: 2026-10-19Location: London, England, United KingdomCategory: Finance, Accounting & ControllingCompany: Munich ReFinance Data ScientistSupport and enable the transformation of the finance and actuarial function by applying data science techniques to financial data, automating manual processes, and building predictive and analytical models and dashboards that clearly communicate insights to stakeholders. Working closely with IT and cross-functional business partners, you will help collect, organise and analyse data from various sources, identify opportunities to automate and streamline existing processes, and leverage capabilities from across the Munich Group, including advanced use of Databricks, for local implementation.Overall ObjectiveMunich Re’s Global Markets.is a specialty insurance unit of Munich Re Group, delivering specialty insurance solutions across the globe and reinforcing its position as a leading global provider of specialty insurance.To support the finance and actuarial function's evolution into a data-driven function, applying data science techniques to financial data and driving process automation, to improve forecasting, decision-making, reporting and operational efficiency across the business.Responsibilities Data & AnalyticsCollect, organise and analyse large financial and actuarial data sets from various sources to derive insights that inform business decisions.Build predictive models to identify key financial risk factors, improving forecasting and decision-making accuracy.Develop analytical models to identify data quality issues, trends and exceptions in financial data, strengthening reporting accuracy.Automation & Process ImprovementReview existing financial and actuarial processes to identify opportunities to automate manual work and eliminate duplication.Design and build automated data workflows, leveraging Databricks to create scalable pipelines that reduce reliance on manual, Excel-based processes.Stakeholder EngagementCollaborate with finance and actuarial teams to identify areas where data-driven insights and automation can improve their operations.Develop dashboards and reports in Power BI that clearly communicate insights to stakeholders.Stay up to date with industry trends and emerging technologies that could impact data, analytics and automation practice in the insurance industry.Governance & ControlsWork with the IT team to ensure that financial data is stored and analysed securely.Maintain clear documentation of data sources, processes and models to support audit, governance and knowledge-sharing.Follow data quality and control standards when handling financial and actuarial data.Knowledge and SkillsEssentialTechnical background in Finance, Actuarial Science, Data Analytics or a related fieldPractical experience with Power BI, SQL, R and DatabricksSolid understanding of financial and/or actuarial processes and dataAnalytical, critical thinker with a problem-solving attitudeStrong communication skills, able to translate complex data and analysis into clear, actionable insights for both technical and business stakeholdersDesirableExperience in General InsuranceExposure to data governance, data quality or documentation practicesRelationship management: ability to partner and influence at all levels within an organisationBehavioural AttributesAnalytical and curiousInnovation mindset with a proven record of process improvement and automationProactive and collaborative, comfortable working across teams and functionsEducation and Professional Qualifications Required / (preferred)Required: Degree in Finance, Actuarial Science, Data Analytics, or a related quantitative fieldPreferred: Professional accountancy or actuarial qualification (newly qualified/part-qualified)
Finance Data Scientist employer: Munich Re
Munich Re is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Our commitment to cutting-edge technology and Agile practices not only enhances job satisfaction but also positions our employees at the forefront of the insurance industry.
