Preparation for the Munich Re Interview and Hiring Process

About

This PrepPack™ offers matrices and personality tests, as well as exercises, drills and guides.

Munich Re is one of the world’s leading reinsurers, aiming to develop sustainable reinsurance solutions. Consisting of approximately 45,000 employees, they operate around the world and are seeking motivated employees to join their team. Munich Re also offers a summer internship programme, as well as a graduate scheme.

The Munich Re hiring process is listed below:

• Application: To apply for one of the Munich Re job vacancies, simply search for the position you are interested in through their website. In most cases, an online application is preferred and must include a cover letter, curriculum vitae, as well as other related attachments.
• Telephone Interview: If the HR recruiter decides that your work experience is suitable, you may be telephoned for a brief screening interview.
• In-Person Interview: You may go through one or more face-to-face interviews which are often conducted by managers in an official setting. The assessment centre day is also part of this process, as it entails various group discussions, presentations, case studies and role-playing drills.
• Test: You may be expected to complete certain aptitude tests to assist employers in determining which candidates are the correct fit for the position.

Taking psychometric tests, such as the verbal, numerical and logical reasoning exams, is important for employers to sufficiently assess applicants’ cognitive capacities and skills. The numerical test evaluates one’s ability to analyse data and understand fractions. The verbal reasoning exam measures candidates’ understanding of written passages and the logical reasoning exam gauges applicants’ decision-making abilities.

Additionally, the situational judgment (SJT) and personality tests describe likely scenarios which may occur in the workplace. Employers use candidates’ answers to judge how competent they will be in the future. There are no right or wrong answers for these exams. However, test-takers’ scores are compared to determine which candidate is the best fit for the role.

The interview stage may contain technical questions which vary based on the position you are applying for. Discussing your relevant skills and the way you handle past challenges is helpful when trying to create a positive personality profile for yourself. Example interview questions may include:

• What is your biggest weakness?
• Describe a time when you were put in a leadership position and failed and what you gained from it.
• What are your skills?
• Tell us about a big achievement that you had in your last job?