Risk Engineer- General Property

Risk Engineer
- General Property

**Company**
Munich Re
**Location**
Singapore, Singapore

The Loss Control Engineering (LCE) department is a center of competence in Munich Re for technical risk assessment of mostly highly exposed single risks and individual technical consultancy. Our global clients are underwriters and claims managers at Munich Re and external insurance brokers and insurers. The various services are tailored to the specific situation and needs of the client.

The Global Risk Engineering unit, as part of LCE, focuses on the assessment of fire and explosion risks, machinery breakdown, and the inherent hazards arising from industrial processes. Global Risk Engineering is managed from the Munich Re headquarter in Munich and comprises risk engineers at several other locations, including this position to be based in Singapore. The position is embedded in the local underwriting organization.

We are looking for a Risk Engineer (M/F) with sound knowledge in the assessment of industrial risks and corresponding protective measures.

**Your Role**:

- Advise and support underwriters in the technical assessment of insurance risks
- Independently plan and execute customer visits mainly in Asia to analyse inherent risks, protective measures and documentation of relevant aspects in survey reports (on-site surveys)
- Evaluate external survey reports based on Munich Re standards (desktop reviews)
- Follow up on the risk-related development of important clients (Account Engineering)
- Train and advise external and internal clients and provide them with technical support on a wide range of industrial topics
- Communicate internally on risk engineering topics, e.g. seminars, workshops, papers
- Collaborate within internal working groups and projects, participate in the development and revision of MR-internal risk engineering standards and tools
- Independently engage in continuous self-directed learning with regards to trends and developments in the relevant industries to support Munich Re in forming opinions on emerging technical issues with an impact on insurance business (e.g. IoT, new battery technologies, AI, etc.).

**Your Profile**:

- Professional degree in engineering, preferably with a focus on mechanical engineering, fire protection or loss prevention.
- 5+ years of experience as an engineer in a manufacturing industry, preferably related to safety or loss prevention
- Relevant experience in assessing machinery breakdown risks in the power generation industry is beneficial
- Professional experience being a Risk Engineer in the insurance industry
- In-depth expertise in one or more of the following areas: Insurance, claims handling, risk assessment, protective measures and protection concepts
- Strong ability to analyse and evaluate technical processes and their economic backgrounds
- Talent for developing holistic approaches and communicate abstract content to internal and external non-specialist audiences
- Ability to work collaboratively in a team with efficient task prioritization and self-organisation skills
- Good English verbal and written communication skills. Proficiency in other Asian languages is a plus
- Open to international business travel

**Our Benefits**:

- Flexible and hybrid working arrangements
- Generous annual leave allowance
- Competitive dental, life and health insurance coverage

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.