Cyber Reinsurance

**Cyber Reinsurance - Cyber Consultant**:Career Level 3

**Location**Singapore, Singapore

Munich Re is one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions.

Established in 1975, our Singapore office is dedicated to supporting our growth in Singapore and serving as a regional hub and centre of excellence for the Asia Pacific, Middle East, and Africa regions.

The Cyber team is responsible for the development of Cyber insurance business (commercial and personal Lines) in Asia Pacific and Africa. Our setup is truly international, with teams in Munich / Singapore and colleagues spread around various offices of the International Organization. Our target is ambitious, we aim to keep our position as the leading provider for Cyber (re)insurance solutions. To get there, we have established a 3-pillar-strategy encompassing **Market Shaping, Client Enabling and Risk Taking.** Under the pillar Client Enabling, delivering Cyber specific services for our clients is one of the most promising and tangible business opportunities for our markets. As the global market leader, we are well positioned to offer best in class services in the area of pre
- as well as post incident. We implement those services in close collaboration with our clients and external partners in co-creation projects in combination with reinsurance solutions.

**Reporting to the Head of Cyber Asia, we are seeking a Cyber Consultant who contributes to maintaining Munich Re’s underwriting diligence by performing risk assessments, shapes the market through cyber security discussions together with our clients/ partners and further develops and manages our service portfolio, in order to strengthen our value proposition in this emerging class of business.**

Your job
- Conducting and leading cyber-related risk assessment of single commercial risks with clients (SME up to large corporations) e. g. by taking insurability aspects, security/maturity level of the risk and quantification of the risk (PML scenarios) into account
- Continuously improving relevant cyber risk assessment standards and questionnaires
- Providing cyber security advice and training for Munich Re underwriters, clients and internal stakeholders
- Assisting with customer workshops on risk assessments (including training others), cyber security trends, and the threat landscape
- Ensuring Munich Re’s competitive edge in cyber insurance through integrated service offerings
- Driving and scaling Cyber insurance business by leading and executing the digitalization and automation of the insurance value chain
- Strategic extension and continuous enhancement of the Munich Re Cyber service provider network in the region and beyond for the relevant target segments
- Understanding clients’ needs as well as identifying and selecting suitable partners and service providers that can enhance the existing service provider network
- Market screening and capability assessment of suitable provider partners with a cross functional team of Cyber Risk Experts, Cyber Claims, and various MR central support units
- Commercial and legal negotiation of contracts with external service providers as well as cedents
- Acting as the central orchestrator between provider partners, cedents and Munich Re
- Lead of operational implementation of innovative and client focused cyber service offerings
- Participation in and lead of evaluation and prototyping projects and managed service delivery sprints to enhance Munich Re’s Cyber platform offering
- Contributing to business development and pitching of combined reinsurance and service offering
- Training the cyber underwriting community and cedents to improve their understanding of APA’s service solutions and ensuring robust integration into cedents’ claims management

**Profile**:

- University degree, preferably in Computer Science, IT Security or similar qualification
- Proven expertise and track record in the IT security field; incl. relevant certifications (e.g.; ISO 27001 Lead Auditor/Implementer, CISSP/CISM, GIAC, CISA, CCSP/CCSK)
- Experience in software design patterns and web development (JavaScript, HTML, CSS, REST APIs) are beneficial
- Skills in negotiating and managing service level contracts are favourable
- Track record with excellent contribution in managing of and participating in projects
- Experience in cyber insurance or cyber incident response are beneficial
- High degree of client, service, and result orientation
- Fluent written & spoken business, fluency in any other Asian language skills would be advantageous
- Strong presentation skills with the ability to engage an audience
- Willingness to travel

About us

Find out **Who we are, What we do, Our Strategy and How we can Support & Reward** you.

Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial streng