© Myrzik & Jarisch

Cyber experts

Collaborating in multi-disciplinary teams, cyber experts at Munich Re nurture – and shape – a flourishing global market.

Cyber Experts play a key role in successful evaluating and developing risk solutions worldwide

Cyber Professionals who join Munich Re strive to explore and develop new chances and risks for the newest and most promising technological trends within diverse and cross-disciplinary teams. 

What we look for in Cyber experts

Drive to explore and develop new innovative processes and approaches
Analytical thinking to keep track of chances and risks of technological change
Effective team worker in cross-disciplinary teams

Meet our cyber experts

Munich Re is one of the leading providers of cyber risk solutions worldwide. The company enjoys an expert reputation in cyber risk among primary insurers and industry clients alike. It owes its excellent standing to an early – and unwavering – commitment to mitigating the most considerable risk to a connected global economy.

Today, Munich Re leverages its cyber risk expertise to develop markets worldwide. Creating robust covers requires in-depth subject-matter expertise, transferable experience in insurance markets and a pioneering spirit. In short, for cyber risk transfer solutions, collaboration is vital. This is why Munich Re takes a unique team approach. Meet three experts at Munich Re, who innovate, design, tailor and market ground-breaking cyber solutions: Sarah, Kishore & Andrea.

Also meet Cyrus who is shaping whole new opportunities in Cyber risk.

Promising, future-oriented opportunities also entail inherent – and sometimes hidden – risks. In 2018 alone, we estimate the economic damage from cyber-attacks at US$ 600bn. Cyber will remain an active topic. And we accept this challenge.
Torsten Jeworrek, PhD
Munich Re
Member of the Board of Management
Working in Cyber is exciting, because there are no standard procedures. Our work offers new opportunities, such as the ability to shape the whole market.
Cyrus
Munich Re Germany, Munich
Head of Cyber Strategy & Standards

Sarah: Putting a price tag to cyber risks

Sarah, Underwriter & Actuary in the Global Clients division
Sarah, Munich Re Germany, Munich, Underwriter & Actuary in the Global Clients division
Sarah discovered reinsurance while studying mathematics (with finance and economics). A passion for technology and the desire to make an impact led her to Munich Re.

As an underwriter and actuary for Financial Lines and Cyber Sarah focuses on ways to quantify cyber risk. Located in the Global Clients team in the Munich headquarters, she works with underwriters and cyber security experts from Munich Re and Munich Re's clients across the globe.

Cyber is unique in terms of the fast rate of technological change, the evolving threat landscape, worldwide interconnections and the lack of standard insurance coverages. Understanding and assessing the client's risks is an essential part of Sarah’s work.

Appropriately pricing Financial Lines and Cyber risks remains a challenge for the market as the underlying risk emerges. Sarah works closely with clients to understand their needs and provide innovative solutions – a task that benefits from her multicultural background, her London market underwriting experience and fluency in three languages.

Cyber insurance is a relatively young class of business; We develop a lot from scratch, and much has yet to be defined. It’s exciting – each new market player, every new standard, triggers change.
Sarah
Munich Re Germany, Munich
Underwriter & Actuary in the Global Clients division
The complexity and variety of cyber risks fascinate me. Cyber supply chains are more and more interconnected. Software or hardware components have vulnerabilities. The risk potential in our hyper-connected world is staggering. I love being part of a global team working on this global challenge – breaking new ground is a rewarding experience.
Sarah
Munich Re Germany, Munich
Underwriting & Actuary in the Global Clients division

Kishore: Analyze, test and explore: Matching solutions to real-world challenges

Kishore, Munich Re Germany, Munich, Cyber risk expert and underwriter
With a German engineering doctorate, a master’s in information and communication systems, and a bachelor’s in electronic and instrumentation engineering, Kishore is a seasoned cyber expert. He joined Munich Re to be at the forefront of actively shaping the new cyber market.

Kishore is part of the newly created cyber unit for Asia-Pacific and Africa. Along with his colleagues, he works on positioning Munich Re as the leading solution provider for cyber (re)-insurance in the region. As an expert with an extensive technical background, he helps to quantify cyber risk, understand the cyber threat scenarios and their insurance impact. To support clients in closing skill and knowledge gaps in cyber risk transfer, he provides training, consultation, and workshops.

He acts as a project manager and technical consultant in the development of IT products and services that enhance Munich Re’s cyber insurance offerings. With colleagues from different units, Kishore evaluates various service providers – pre- and post-cyber incident. Their evaluations are instrumental in setting up and enriching the Munich Re cyber incident response network for insurance clients in various regions of Asia-Pacific, the Middle East, and Africa.

40%
Project management of cyber digital solutions offerings
20%
Analysis, risk assessment, and pricing of individual risks
20%
Product development with clients, including workshops travelling
20%
Internal projects and administrative work
Innovation is an integral part of my job. I work with clients to co-create insurance products that address market needs, consider the local threat landscape, and meet regional legal and regulatory requirements.
Kishore
Munich Re, Germany
Cyber Risk Expert & Cyber Underwriter for Asia-Pacific & Africa
It’s exciting to shape this market. At the start of my career, there were no cyber-risk transfer solutions. You avoided the risk or took the risk. When Munich Re came up with the idea, I was intrigued – intrigued enough to change careers. It’s a misconception that insurance is paperwork only. A lot of what we do is hands-on: assessment, testing, and talking to clients.
Kishore
Munich Re, Germany
Cyber Risk Expert & Cyber Underwriter for Asia-Pacific & Africa

Andrea: Bringing insurance expertise and experience to an emerging risk market

The product development work we do with our clients allows us to build strong relationships with clients. Positioning us as a strategic partner is a compelling – and important – aspect of my job.
Andrea
Munich Re Germany, Munich
Senior Cyber Underwriter for Europe & Latin America
Andrea, Munich Re Germany, Munic, Senior cyber underwrite
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Andrea, Munich Re Germany, Munich, Senior cyber underwriter
In her senior role, Andrea supports and guides colleagues in expanding their cyber expertise.

Interested in a career in an international environment, Andrea joined Munich Re as an apprentice in insurance and finance in 2009. Since then, and while continuing to work full-time, she obtained a bachelor’s degree in international management, followed by an Executive Master of Insurance, a degree programme co-designed and supported by Munich Re.

Today, Andrea is the senior underwriter responsible for Munich Re’s Cyber business in Latin America. She develops Munich Re’s cyber insurance products with primary insurers in the region. Fluent in Spanish, English, and German, Andrea dedicates the lion’s share of her time to sharing her expertise with clients. As a versatile specialist in cyber insurance, Andrea also manages reinsurance contracts, analyses and negotiates single cyber risks, monitors the portfolio, and innovates solutions with her colleagues. Keeping track of legal and regulatory developments in Europe and Latin America is another essential part of her work.

60%
Product development with clients; including travelling
10%
Analysis, risk assessment, and pricing of individual risks
20%
Work on internal projects
10%
Administrative work
The chance to challenge myself, to grow and learn is the best perk of my job. Munich Re has created an environment where you can build a career and take it into a direction you care about. For me, that’s cyber risk transfer. Raising awareness, connecting and innovating with people, staying ahead of the curve – it all makes for excellent job satisfaction.
Andrea
Munich Re Germany, Munich
Senior Cyber Underwriter for Europe & Latin America

Munich Re offers a world of career opportunities in cyber risk transfer

At Munich Re, underwriters, actuaries, claims professionals, cyber experts in traditional lines of business as well as technologists and engineers with years of real-world experience in minimising cyber risk collaborate in teams. These teams leverage Munich Re’s globe-spanning ecosystem of business units, technology companies, start-ups and security providers. Their objective: to provide groundbreaking cyber insurance services and solutions along the entire value chain and help clients close related knowledge gaps.

Munich Re offers career opportunities in all areas of expertise relevant to cyber risks at business units all over the world. Shape how governments, businesses, and people interact with cyber technologies – join us!

What the hack!
Munich Re has built up considerable resources in underwriting and claims. We employ established cyber experts whose expertise is available to the market.

Career development: Cyber meets insurance in the Munich Re Cyber Pool

For experienced technologists and engineers new to the insurance business, Munich Re has created the Cyber Pool, an induction programme of 15-18 months. Here, participants add insurance qualifications as underwriters to their skills portfolio and gain intimate knowledge of the Munich Re departments they will collaborate with in the future.
As an engineer, my job was to minimise cyber risk. Munich Re offered a new angle – cyber risk transfer. Munich Re’s learn-on-the-job programme, Cyber Pool, allowed me to take the lateral leap into a new career in cyber insurance and reinsurance.
Kishore
Munich Re Germany, Munich
Cyber Risk Expert & Cyber Underwriter for Asia-Pacific & Africa

Are we a match?