munich re chief risk officer

We focus on promoting the benefits of risk management and supporting risk managers and the risk community to drive risk maturity. Local medical consultants at Munich Re canuse"The Gate" to obtain instant access to expertise andexistingmodels for assessing individual medicalcases. Key people | Howden Group Holdings Risks. Laura holds the Institute of Risk Management International Certificate in Financial Services Risk Management. Average salaries for Munich Re Chief Risk Officer: $166,334. He takes over the role from Tobias Frenz, who will now become Head of Digital Solutions, Life and Health, Asia Pacific, Middle East and Africa. He will be succeeded by Joachim Oechslin, currently deputy CRO of the AXA Group in Paris and previously CRO of the Winterthur Group.Nikolaus von Bomhard, chairman of Munich Re's Board of Management, said: "We fully understand Charlie Shamieh's decision, but regret his departure. Company. He has done a great job, energetically advancing our group's integrated risk management with his team. Risk in commercial satellites and space flight. Chief Risk Officer - Foundational Insurance Businesses, New York Life Insurance Company. Without these reports, details of medical conditions that are essential for drawing up policy agreements in line with the degree of risk would often remain unknown. Reach the largest reinsurance audience. Frank Devlin - Regional Chief Risk Officer Life and Health business The US brand of global reinsurance giant Munich Re (MRAS) has appointed Angela Homm to the role of Chief Risk Officer, effective June 12, 2023. Charles Cooper, Chief Executive Officer, Reinsurance Charles Cooper is Chief Executive of AXA XL's Global Reinsurance operations, a role he has held since 2018. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Munich Re Chief Risk Officer Jobs | Glassdoor Munich Re Italy - Mnchener Rck Servizi Tecnici S.r.l. he was CEO of Munich Re of Africa Ltd and Chairman of Munich Mauritius Reinsurance Company, based in Johannesburg. Laura Kettleday - Chief Risk Officer | UK & Ireland | HSB - Munich Re It is for this exact purpose that MunichRe has developed the new Multi-Risk Calculator for the MIRA risk assessment tool. During his time with the Group he held several senior management roles in different countries and (re)insurance companies and has led many business initiatives as well as strategic projects in the finance area. Speakers :: InsuranceERM AXA XL announces new Leadership Team | AXA XL Members - Allianz.com Almost every day, new reports emerge relating to the successful use of immunotherapy. PDF Risk Report 2020 - Munich Re The result? esgSubNav, Discover more about S&P Globals offerings, Chris Howard head of A&H in the U.S., Nicole Yates head of A&H in Australia and, The European Unions 11th Package on the Circumvention of Sanctions and Vessel Ship-to-Ship Transfers: Risks and Challenges for Trade Finance and Supply Chain Firms, 9:00 - 10:00 am BST | 10:00 - 11:00 am CET | 4:00 - 5:00 pm SGT. Beckmann joins Munich Re as CUO Casualty for Lloyd's & Bermuda Markets 1 Mental diseases are the number 1 trigger for benefits in disability income insurance. According to estimates, the annual number of deaths caused by antimicrobial resistance (AMR) could increase globally from 700,000 to 10 million by 2050, Diabetes is one of the most urgent health issues of the 21st century, American Alternative Insurance Corporation (AAIC), HSB - The Hartford Steam Boiler Inspection and Insurance Company, Munich Re Asia Pacific Life and Health (APAC). Risks. Munich Re America Services, Inc. has appointed Cathy Smith as Chief Risk and Underwriting Officer. Munich Re About With more than 25 years as an Information Technology executive in the financial services and insurance industries, I have built a reputation as one who understands business. At Great Lakes Stefan is responsible for all Finance related topics, Procurement as well as the Actuarial Function. Steve Evans Ltd. registered in England No. We provide our employees with a highly competitive holiday and paid vacation allowance, with considerations for local requirements. Munich Re named Cathy Smith chief risk and underwriting officer for Munich Re America Services Inc. She will oversee regional underwriting, pricing and integrated risk management for Munich Re's property and casualty companies in the U.S. Prior to joining Prudential plc, Koller served as CRO for Avivas European operations where he built and led the risk team. The company named Chris Howard head of A&H in the U.S., Nicole Yates head of A&H in Australia and Stephane Baj head of A&H in the U.K., as well as multinational A&H. The estimated additional pay is $18,301 per year. Regional Chief Analytics Officer, experienced in building and leading regional advanced analytics / AI teams in large multinational reinsurers, with actuarial, healthcare, insurance domain, leadership skills, extensive cross-border stakeholder management, covering the Life & Health Asia-Pacific, Middle East and Africa business of Munich Re. Ben is the HR Business Partner for the UK Life Branch. Or find and follow Reinsurance News on social media. Manulife taps ex-Munich Re managing director as Asia chief risk officer Their aim is to reduce the number of questions, and thereby the effort for all parties involved, without reducing the risk quality. Cyber Risks: The digital future is now. Download Our focal areas of medical risk research Mental health conditions Insurability of cancer Rare diseases Medical risk assessment Holistic view of risk No. Anyoneapplying for life insurance has the right to an individual and fair risk assessment. He currently heads up the Pricing team and is responsible for pricing across all lines of business for UK Life. Kam Jha succeeds Smith, at American Modern, as the Senior Vice President, Chief Underwriting Officer. Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. Prior to joining Howden Group, Rebecca was CRO at a Lloyd's Managing Agency and a Partner at chartered accountancy firm Mazars. Mental diseases are the number 1 trigger for benefits in disability income insurance. Among others benefits, you may have access to group savings, discounts at sport clubs and cinemas, andour new employee referral bonus program. Life/Health. Munich Re Life US - Munich American Reassurance Company, Inc. Munich Re Underwriting Agents (DIFC) Ltd. Munich Re US - Munich Reinsurance America, Inc, Munich Reinsurance Company of Africa Limited (MRoA), Munich Reinsurance Company of Australasia, Munich Holdings of Australasia Pty Limited (MHA), The Princeton Excess and Surplus Lines Insurance Company (PESLIC). At Munich Re David is responsible for our Structured Reinsurance proposition and has successfully executed numerous capital management and financing solutions for a range of UK, Irish and offshore UK life assurance companies. She has a strong actuarial and commercial background in Protection, Longevity and Structured Reinsurance business. Any insurer that refuses to meet the cost of treatment citing the lack of long-term studies and of licensed drugs without studying thematter closely is putting their own reputation at serious risk. State Street is committed to affording equal access to job opportunities to qualified applicants with disabilities. For instance, which questions reliably reveal important medical information, and which could be omitted? NN Group - Bernhard Kaufmann Alleyne will be based in Hartford, Conn. and report to Adrienne Mageras, chief operating officer. Chief Compliance Officer SSBI, SVP job in Munich | Compliance, Risk and Unice Colon - International Graduate Trainee - Munich Re - LinkedIn Already today, up to 15 % of the cancer treatment costs for some health insurers are attributable to immunotherapies. All content copyright Steve Evans Ltd. 2021 All rights reserved. He has extensive knowledge and expertise in the international insurance sector and risk management. Liked by Lauren Tredinnick , CPCU . Munich Re Life US - Munich American Reassurance Company, Inc. Munich Re Underwriting Agents (DIFC) Ltd. Munich Re US - Munich Reinsurance America, Inc, Munich Reinsurance Company of Africa Limited (MRoA), Munich Reinsurance Company of Australasia, Munich Holdings of Australasia Pty Limited (MHA), The Princeton Excess and Surplus Lines Insurance Company (PESLIC). Will Europe follow in US footsteps? Do you want to share your views? The first of its kind, this new calculator evaluates an applicant's BMI, blood pressure, cholesterol and smoking status. Currently Chief Medical Officer at Munich Re (Australia). Top Global Insurance & Reinsurance Brokers, raised approximately 2.75bn of Common Equity Capital, Scale and imminence of cat losses to affect cyber market growth trajectory: Conning, Vrchota named Reinsurance Property Underwriting Director at Cincinnati, BMS Re grows in Latam with Brazilian reinsurance broker acquisition. He is member of the CRO forum. Previously, he worked for Munich Re Group in the direct business since 2003 where he held various senior manager positions. Beckmann has over fifteen years of experience working with Munich Re in various roles. The smart solution to assess mental health conditions. State Street's BeWell helps employees proactively manage their well-being. Munich Re bundles its global expertise in the centre of competence for medical risk research. Not if, but how. James joined Munich Re in 2013 and has held a number of actuarial, commercial and strategic roles across the UK Branch. Chief Risk Officer Member of the Board of Management since January 2017 Tobias joined the Great Lakes Board in 2017 as Chief Risk Officer, having worked for Munich Re since 2007 in various Risk Management roles. Mental health conditions are now the number one cause of occupational disability claims. From April 2021 to December 2021, Joachim Oechslin served as Chief Risk Officer ad interim and as a member of the Executive Boards of Credit Suisse Group AG and Credit Suisse AG on an ad-interim basis. Employees | Munich Re This initiative aims to optimise the disability claims assessment process and ensure that appropriate decisions are reached. Get to know our Group companies, branches and subsidiaries worldwide. Mental health conditions are now the number one cause of occupational disability claims. Activities and Societies: Vice-captain of school Cricket team. This necessitates more in-depth medical and actuarial expertise than was previously required. New mobility and transport . Thereisno doubt that the treatmentopens upnew prospects both in medicine and in the insurance sector. Member of the Board of Management since March 2021. Lee Sarkin | LinkedIn Ben joined Munich Re in 2014 and has held HR Business Partner positions for a variety of businesses. We are pleased that, in the person of Bernhard Kaufmann, we are acquiring a new Chief Risk Officer who not only knows all the facets of risk management but is also already familiar with the business segments of Munich Re., Munich Re appoints Bernhard Kaufmann Chief Risk Officer, American Alternative Insurance Corporation (AAIC), HSB - The Hartford Steam Boiler Inspection and Insurance Company, Munich Re Asia Pacific Life and Health (APAC). Chief Risk Officer SSBI, SVP job in Munich | Compliance, Risk and Legal Insurance moves: Munich Re unit names chief risk, underwriting officer. Lauren Tredinnick , CPCU - President of Public Entity Risk Solutions Baj served as the head of partnerships for continental Europe at Chubb Ltd. BMS Group Ltd. appointed Norman Wiltshire and Nick Titcomb directors of BMS Strategic Risk Solutions, its specialty reinsurance division. They join Athora at an exciting inflexion point and will each play an important role as we prepare for the next phase of our growth and maturity journey.. The appointments of Michael and Chantal add two seasoned senior leaders to our risk function. Markus Hummel Group CRO at Munich Re (Group) Metropolregion Mnchen 797 Follower:innen 500+ Kontakte Anmelden, um das Profil zu sehen Munich Re (Group) Technical University of Munich. Bernhard Kaufmann was appointed Chief Risk Officer and Member of the Management Board NN Group on 1 June 2020. The role is located within the SSB Intl GmbH risk organization structure as part of the Executive Management Board (EMB) in Munich . Laura graduated from Durham University in 2002 with a BA in Mathematics and qualified as a Chartered Accountant in 2005. Clem has chaired or served on the boards of . In doing so, we are contributing towards a rapid expansion in insurability and are helping ensure that medical progress is reflected in evidence-based decisions. Munich Re named Cathy Smith chief risk and underwriting officer for Munich Re America Services Inc. She will oversee regional underwriting, pricing and integrated risk management for Munich Re's property and casualty companies in the U.S. Most claims cannot be assessed adequatelyon the basis ofconventional questionnaires and standard processes. 2012 - 2015 content He took on a variety of roles within Munich Re including Head of Treaty Operations, Director of Operations, Head of Protection and most recently Chief Operating Officer. Medical research | Munich Re Chief Risk Officer SSBI, SVP Permanent monitoring of the Bank's situation and risk-bearing capacity as well as compliance with the implemented limits. As part of its Ambition 2025, Munich Re's Board of Management decided on a new self-commitment to raise the number of female managers affecting all management positions globally to at least 40% by 2025. EN. CEO Nikolaus von Bomhard: Prudent risk management that actively supports our business has been and will remain key to Munich Re's success. Maybe you would like to consider the Categories below : To learn more about our company visit With previous roles as. The result is an innovative workflow for the assessment of mental health claims. We are continually evaluating all available clinical studies from around the world and translating the latest findings into insurance solutions. You are trying to watch a Youtube video. . It corresponds to the value at risk of the economic profit and loss distribution over a one-year time horizon with a confidence level of 99.5%, and thus equates to the economic loss for Munich Re that, given unchanged Insurance moves: Munich Re unit names chief risk, underwriting officer Munich Re has developed the internal knowledge platformGet AccessToMedical Expertise, or "The Gate" for short,to enable existing knowledge to be retrieved at any time and from anywhere in the world and to systematically increase productivity when assessing medical risk for rare diseases. However, this perspective ignores the fact that the value of the information contained in the GP reports is significantly greater than the risk described above. latest-news-headlines Overview 860 Reviews 409 Jobs 1.6K Salaries 250 Interviews 319 Benefits 3 Photos 236 Diversity Follow + Add a Salary Munich Re Salaries How much do Munich Re employees make? Smith is based in Princeton, New Jersey, and reports to Tony Kuczinski, President and Chief Executive Officer, Munich Re US Holding. He has held the position of researcher in theoretical physics at the Technical University of Munich. Stefan joined the Board in 2014 as Chief Financial Officer, having worked for Munich Re on the direct and reinsurance side since 1999. About I am an Occupational and Environmental Physician, with 20 years' clinical experience. Close. Forge ahead confidently. However, if you would like to, you can change your cookie settings at any time. Winter will transition to his new role on April 1. Mental illness: Do we need new approaches in claims management? This enables us to support you in continually expanding the insurability of cancer and positioning yourself on the market as an innovative health insurer. Munich Re has both. Interim President & CEO, Munich Re Specialty Insurance Munich Reinsurance America, Inc. . The challengefor risk assessorsis to demonstrably assessthe individual riskbased on statistical evidence and therefore in accordance with the lawin spite ofthe meagredata available. Some of our programs include paid parental leaves, back-to-work support, adoption assistance or flex work arrangements. Sompo International Holdings Ltd. appointed Jessica Huhn-Kenzik to lead its U.S. insurance environmental business. In the US, where payouts over discrimination claims can be huge, insuring against such claims is seen as a must. Prior to that David had spent the early part of his actuarial career in the direct market with Albany Life, where he covered a variety of roles in valuation, financial reporting and product development. Frank Devlin Regional Chief Risk Officer Life and Health business - Asia Pacific, Middle East and Africa Singapore 282 followers 271 connections Join to view profile Munich Re National. He joined Munich Re in 2011 from Prudential where he specialised in annuities, defined benefits de-risking and longevity swaps. Get reinsurance news by email here. A MunichRe analysis performed on behalf of the disability insurance industry reveals that 45 % of all GP reports requested at a later date justify higher premiums. Member of the Board of Management since January 2017. The estimated base pay is $79,602 per year. Website Privacy & Cookies and Disclaimer. The company also appointed Kamalesh Jha senior vice president and chief underwriting officer at American Modern Insurance Group Inc., replacing Smith. Munich Re America Services names new chief risk and underwriting officer In 2022, we achieved 38.5% globally and 28.8% in Germany. Explore Munich Re Group. Fabian Uffer, a Swiss citizen, started his career in 2003 as a life actuary in the insurance . Responsible for creating value to insurers via new . 1K followers 500+ connections Join to view profile Munich Re Articles by Angela Insurance disruption: Why I traded a corner office for the insurtech space By Angela Homm Apr 16, 2018. Noel Richardson, Chief Risk Officer; Rainer Schoellhammer, Chief Financial Officer; Sean McGovern, General Counsel . However, in others the resulting immune responses in the body causeadditionalcomplications. StrategicRISK is an international award-winning publication and information source for corporate risk and insurance managers. Having joined Munich Re in 2003 Paul has held a variety of senior strategic, financial and commercial roles before being named Chief Financial Officer in 2018. Laura has 15 years of insurance industry experience, including six years at RSA where she lead the UK Commercial Financial Reporting Team. Continual cost-benefit analyses of all processes involved in application and risk assessment play a key role in this. Insurers who refuse to take a softer approach to BMI thresholds at the expense of risk quality must be prepared to see a fall in new business or expand insurability using a more sophisticated risk assessment. Munich Re appoints new L&H leader for Southeast Asia My team at Munich Re do many great things but they ultimately support this need. In setting objectives and determining the strategy, the Board of Management maintains a clear focus on long-term value for our clients, staff and company. ", Revised forecast due to capital market turmoil, more writedowns possible. Paul is Chief Financial Officer for the UK Life and Health operations. Charlie Shamieh, Munich Re's chief risk officer, will shortly be relinquishing his position for family reasons.Charlie Shamieh, Munich Re's chief risk officer (CRO), will shortly be relinquishing his position for family reasons and leaving Munich Re by amicable agreement in order to continue his career in the United States. People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to James Gouin | LinkedIn Bernhard Kaufmann has a PhD in theoretical physics and a degree in economics. and leads risk management teams in regional locations. Charlie Shamieh, Munich Re's chief risk officer, will shortly be relinquishing his position for family reasons. Get to know our Group companies, branches and subsidiaries worldwide. Most recently these roles have included heading the corporate strategy team and leading the pricing activities across the UK market. We provide a range of medical plans that cover you and your dependents. In his 30 years of work in the life and health insurance industry, he has served as a. About Highly self-motivated individual with an insurance, risk management, cybersecurity, engineering, and analytical background. The SVP, Chief Compliance Officer (CCO) SSBI is the Head of Compliance for State Street Bank International (SSBI) in Germany and its eight European Branches. He is responsible for all Risk and Compliance activities within the UK Life and Health reinsurance business including oversight of the risk management framework, risk reporting and actuarial risk management. Search job openings, see if they fit - company salaries, reviews, and more posted by Munich Re employees. Many cancer patients arealreadybenefiting from such treatment. This field is for validation purposes and should be left unchanged. May 2023 - Present3 months New York, United States o Leading the development of an internal tool (using Power BI) for analysis and diagnostics of the stochastic simulation outputs from the Legal. Published by Newsquest Media Group Limited, registered in England & Wales with number 01676637 at Loudwater Mill, Station Road, High Wycombe HP10 9TY - a Gannett company. Scott Wright | LinkedIn If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website (Cookie Policy). Board of Management, MunichReinsuranceCompany,Munich, Member of the Supervisory Board since 2017 Senior Executive Manager, Munich Reinsurance Company, Munich, American Alternative Insurance Corporation (AAIC), HSB - The Hartford Steam Boiler Inspection and Insurance Company, Munich Re Life US - Munich American Reassurance Company, Inc. Munich Re Underwriting Agents (DIFC) Ltd. Munich Re US - Munich Reinsurance America, Inc, The Princeton Excess and Surplus Lines Insurance Company (PESLIC), Statement on the UK Modern Slavery Act 2015. Senior Executive Manager, Munich Reinsurance Company, Munich, Member of the Supervisory Board since 2021 Finance & Accounting Based on 219 salaries Actuarial Associate Solutions. Risks | Munich Re Munich Reinsurance America Inc. named Marcus Winter to succeed M. Steven Levy as president and chief executive officer. In his new role, Srinivas-who joins from Munich Re Singapore-will be responsible for maintaining Manulife's global risk management framework across Asia, whilst overseeing their global product and insurance . Savings and investment products a giant but competitive market, No-one can escape the uncertainty of agricultural risks, but everyone can prepare for them, Volatile weather can significantly affect your costs and profits, Natural disasters Losses are trending upwards, Climate change: One of humanitys greatest challenges Our approach. Athora, a leading European savings and retirement services group, has appointed Michael Koller as Group Chief Risk Officer, succeeding Lukas Ziewer, who stepped down from the role in May. Munich Re has appointed Bernhard Kaufmann (44) Group Chief Risk Officer with effect from 1 January 2014. Such developments must be factored into risk and claims assessments in order to avoid the risk of discrimination lawsuits and damage to a company's reputation. More and more cancers are changing from terminal illnesses to chronic impairments. She has held various pricing and product development roles within the Munich Re group. Munich Re logo. Kaufmann has been with Munich Re since 2000, working in several positions. Risk in commercial satellites and space flight, American Alternative Insurance Corporation (AAIC), HSB - The Hartford Steam Boiler Inspection and Insurance Company, Munich Re Asia Pacific Life and Health (APAC). Munich Re Italy - Mnchener Rck Servizi Tecnici S.r.l. We also offer our employees two paid days off to volunteer their time to company-driven initiatives or organizations of their choice.. For instance, new diagnosis and treatment options are lowering morbidity and mortality rates in many diseases. The Chief Risk Officer SSBI is responsible for leading and overseeing the risk management activities of SSB International GmbH, its subsidiaries and branches. The firm suggests that these appointments follow a transformational 12 months for Athora, in which it completed acquisitions in Italy and Belgium, signed a large acquisition in Germany, raised approximately 2.75bn of Common Equity Capital, and completed its inaugural bond issuance in public capital markets. In addition he assumes responsibility for the business areas Facultative & Corporate and Group Retrocession. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. We've published and operated Artemis since its launch 20 years ago and have a readership . Zurich Insurance Group AG appointed three executives to its commercial insurance accident and health underwriting group, Reinsurance News reported. Much has changed in our industry but the fundamental need for people to ensure they have protection in place should things go wrong has not. Prior to joining RSA, Laura spent five years as an Auditor with KPMG. On the other hand, cost pressuresonstate health insurance schemes aregrowing, prompting new demand for insurancein some countries. With over 25 years experience in financial services, Adrian started his career as a Financial Advisor and since then has held a number of roles in reinsurance focussing on sales and marketing. The estimated total pay for a Risk Analyst at Munich Re is $97,902 per year. Marla Schwartz Pourrabbani Natural Catastrophe Specialist Swiss Re. He is responsible for NN Groups overall risk framework. Christoph recently joined the Great Lakes Board as Chief Executive Officer. Mari-Lizette has over a decade of international experience within the reinsurance industry. New demand: a challenge and an opportunity for private health and life insurers. As a result, there is a risk that clients may withdraw their applications due to the delays associated with obtaining information from their GP. He provides support and guidance to all employees throughout the employee lifecycle as well as policy development and interpretation. James is the Chief Risk Officer of Munich Re UK Branch and a member of the Senior Management team. Munich Re replaces chief risk officer 19 April 2007 Save article Charlie Shamieh, Munich Re's chief risk officer, will shortly be relinquishing his position for family reasons.
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