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Dr. Schaffer is Head of Reinsurance Accounting (Life and Non-Life) at Munich Re. He acts as Global Process Owner for the technical accounting and claims processing of Munich Re's reinsurance group. From 2010 to 2021, he headed the Corporate Performance and Capital Management department in the Group Controlling of Munich Re Group and was Chief Financial Officer of DKV Belgium S.A. Prior to that, he held various positions in Munich Re's Finance division. From 2001 until he joined Munich Re in 2005, he was a lecturer at the Institute for Accounting, Auditing, and Analysis at the Munich School of Management at Ludwig Maximilian University in Munich. He holds a degree in business administration and a doctorate in economics.