Job
- Level
- Senior
- Job Field
- IT, Application, DevOps
- Employment Type
- Full Time
- Contract Type
- Permanent employment
- Location
- Munich
- Working Model
- Hybrid, Onsite
Job Summary
In this role, you will serve as the internal Product Owner of the Calypso trading application, developing tailored system solutions to support the hedging program for reinsurance transactions.
Job Technologies
Your role in the team
- The section Platform Integration is the business owner of the technical infrastructure of our Life & Health Division 6, the so-called Hedging Platform on Cloud (HPoC), which is a multi-instance system architecture in the public cloud subject to high-availability requirements in the context of capital market trading.
- The team manages the platform administration, translates business requests into technical requirements, and oversees their implementation to meet the needs of the business.
- The team also supervises the services delivered from external providers, which includes the continuous monitoring of the system and business-related technical processes in place, the organization of development and release processes, and project work.
- We are seeking a Senior Trading Technology Specialist for the Platform Integration unit.
- You will act as the internal Product Owner of the Calypso trading application (Front Office System), which is the core system on HPoC to enable the hedging program for the reinsurance transactions the division underwrites.
- Functional design of application architecture (customization) for reinsurance and fund products on Calypso.
- This includes the analysis and implementation of new business requirements when embedding new processes or reinsurance/hedge asset types into the system, as well as pricing and calibration methods for financial derivatives and P&L functionality.
- Coordination of implementation requirements (in alignment with business and Test & Release Management), incl. gap analysis, prioritization and specification of functional solution architecture.
- Oversight function over the external development team: Align with the service provider on prioritization of implementation items and track their delivery including related quality assurance and documentation.
- In addition, supervise e.g. the definition and execution of development test routines (such as regression testing), compliance of customization, code refactoring activities, implementation of coding conventions, mitigation of findings in security scans or enabling of AI based coding.
- Support the development team in providing 2nd level support in the analysis of any kind of misbehavior in the system (e.g., debugging), both from a business and a technical perspective.
- Raise proactive proposals for enhancements of the Calypso set-up with the objectives to improve stability and performance, reduction of operative risks and raising efficiency.
- Contribute to business testing (functional scenario and user acceptance tests).
- Support the Service Delivery Manager for Development Services in defining and monitoring budget and service KPIs for external development of the Calypso application.
- Support capturing and parameterization of reinsured business on the Calypso Hedging Platform by the Modelling team.
This text has been machine translated. Show original
Our expectations of you
Education
- University degree in (insurance / financial / business) mathematics, computer science or physics.
Qualifications
- Profound knowledge in Java programming, good understanding of agile development processes, as well as tools for code versioning, ticketing, testing, release building and deployment automation.
- Proven track record in implementation of financial products on front office systems.
- Hands-on mindset and commitment to delivering excellence.
- Excellent analytical and conceptual skills.
- Foreign languages: Fluent business German and English.
Experience
- At least 5 years of professional experience in organizing development processes (e.g., as a Scrum Master, Product Owner, or Development Lead in (re)insurance, investment banking, consultancy, or related areas) for a customized Front Office system (knowledge of the Calypso system and its API is desired).
- Knowledge of quantitative models and their calibration, as well as good understanding of IT architecture for proprietary valuation libraries, proven by practical experience in this area.
- Experience with operation of front office systems: Capturing of trades, processing of trade lifecycle events & settlements, quality assurance of input & output, market data and risk evaluations.
This text has been machine translated. Show original
What we offer
- Permanent, full-time.
- Professional development assistance.
- Pension plan.
This text has been machine translated. Show original
Benefits
Work-Life-Integration
Topics that you deal with on the job
Job Locations
This is your employer
Münchener Rückversicherungs-Gesellschaft
Munich RE is your reliable partner for reinsurance, primary insurance, and insurance-related risk solutions. We have the global expertise and long-standing experience to handle all types of insurance.
Description
- Company Type
- Established Company
- Working Model
- Hybrid, Onsite
- Industry
- Banking, Finance, Insurance