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Munich Re
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  • Delegated Property Analyst  

    - London
    Job ID: 42576128960Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 42576128960Posted: 2026-08-11Location: London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReAbout usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.  At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.  Please see our website for more information.Delegated Property AnalystWe are currently looking for a Delegated Property Analyst to be based in London on a full-time basis, reporting into the Group Head of Delegated Property.In this role you will drive insightful analysis and performance monitoring of our property portfolio, empowering Group Heads to make data-driven decisions on pricing, claims, and exposure. Bring your strong communication skills and analytical mindset to advance your expertise in data capture, analysis, and reporting.Responsibilities: Lead and drive analytical output for the Delegated Property portfolio, profiling business and monitoring performance to inform strategic decisions;Manage and manipulate large, complex datasets to derive performance metrics, supporting in-depth portfolio analysis and year-on-year risk investigations;Collaborate closely with underwriting, pricing, claims, and exposure teams to develop and automate performance monitoring and portfolio management tools using internal reporting and data warehouse solutions;Prepare standard and ad-hoc management information (MI) reports, KPIs, and support performance reporting against plans, including for Syndicate business planning and regulatory requirements (Lloyd’s, Munich, PRA);Analyze pricing models and exposure data, validate parameters, and review pricing management information to support risk quantification and new business initiatives;Support and participate in project initiatives, developing innovative analytical solutions to enhance underwriting effectiveness, including post-event analytics;Build and maintain strong relationships with Coverholders, Brokers, and internal teams across underwriting, claims, actuarial, binder management, exposure, compliance, and finance to strengthen trading and collaboration;Engage proactively across Lloyd’s and the wider market with peers and brokers to stay informed of market developments impacting syndicate performance;Contribute actively to Delegated Property team meetings and cross-functional forums within MRSL and MRSG, as well as external stakeholder interactions, supporting a collaborative team environment;Champion good Conduct practices and adhere to escalation procedures, supporting the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo, and Board in delivering best outcomes for customers and policyholders.Knowledge and Skills Demonstrate an analytical mindset with the ability to manipulate datasets in Excel/PowerBI and derive KPIs to drive the property business forward;Possess highly developed mathematical and statistical knowledge;Apply detailed knowledge of actuarial methods and techniques to make reasoned judgements in a business environment;Understand a range of modelling techniques and their applications in pricing, exposure, and claims management;Exhibit a high degree of diligence and accuracy;Demonstrate knowledge and understanding of the underlying principles of insurance and reinsurance;Maintain current Lloyd’s market knowledge;Manage workload effectively and work collaboratively with colleagues.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.Learn more about sustainability at Munich Re – choose your impact! #BePresent #BeBold #BeCurious Read Less
  • Legal Counsel  

    - London
    Job ID: 39784355904Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 39784355904Posted: 2026-08-11Location: London, England, United KingdomCategory: Audit, Compliance & LegalCompany: Munich ReAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.     At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.Legal CounselWe are looking for a Legal Counsel to join our London Office or our Manchester Office on a full-time basis with hybrid working of 2-3 days per week.You will support our UK team with expertise in the London and UK specialty insurance market on a full time permanent basis with hybrid working. Experience in the European insurance market is advantageous.You will act as trusted advisor to the business on cross-disciplinary legal topics across MRS-GM. This includes advice on distribution contracts, underwriting, wordings, (re)insurance, service contracts, regulatory and compliance support and assisting the business with day-to-day legal questions on a broad range of other subjects and leading strategic project work from time to time.You will have excellent technical capability in (re)insurance law, including regulatory law, (re)insurance coverage, and experience in negotiating Lloyd’s and Company market wordings/clauses and contracts spanning a wide range of property and casualty and specialty lines of business.As an experienced Legal Counsel, you combine strong autonomy with a collaborative mindset, supporting and developing colleagues and contributing to the wider Global Markets  legal strategy and knowledge sharing process.ResponsibilitiesAdvise on (re)insurance law issues including wordings, delegation and distribution contracts.Advise commercial and product teams on wordings and related governance processes, including regulatory considerations for new products/emerging areas.Advise in contentious matters including non-claims litigation and investigations.Advise and assist compliance team on complex regulatory matters and sanctions matters.Provide legal support to MRS-GM’s distribution channels including international offices and in relation to Lloyd’s Europe and (occasionally) to the MRS-GM European Hub and regional network.Work with Munich Re Corporate Underwriting and other Munich-based lawyers to ensure all relevant group guidelines are understood and implemented across MRS-GM. Maintain wordings and processes in accordance with group wide policies.Collaborate with other (UK based) legal teams within the Munich group aligned with functional organisational activity.Advise on commercial and corporate contract issues to include optimising approach to intra-group agreements and third-party service contracts.Advise on and lead (strategic) projects from a legal side including stakeholder involvement and engagement with other teams.Provide training, develop template contracts and share relevant knowledge across the business and or (other) legal function.Identify any significant legal exposures, provide legal updates to the business and where appropriate manage external counsel instructions.Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.Contribute to enhancing processes aimed at achieving consistency, efficiency gains, and streamlined provision of legal advice (including appropriate use of AI).Knowledge and SkillsQualified lawyer – 5-6 years PQE with experience in private practice (insurance).  Inhouse experience is welcome but not essential.Background and specialisation in insurance and insurance regulatory law. Comprehensive understanding of and experience working with the UK insurance industry and Lloyd’s is essential.Education: Minimum 2:1 undergraduate degree.  Conversion course at least commendation. English or common law jurisdiction qualified lawyer.  Dual/additional legal qualifications are advantageous.Research and analysis - ability to provide complete and comprehensive research whilst delivering crisp, targeted and on-point analysis in a fast-paced environment.Strong drafting and negotiation skills to develop standard form and bespoke documentation and contracts.Comprehensive understanding of legislative, regulatory, and competitive environment including consumer products.Commercially aware and strong business understanding.A team player with strong interpersonal skills and a collaborative and open mind set.Focus on efficiency and timeliness with timely delivery of work products whilst maintaining a clear, proactive communication on timelines, dependencies, and expected completion dates.Strong communication (in writing and face-to-face), presentation and negotiation skills.  Able to communicate effectively with internal and external stakeholders (in particular underwriters and management).If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.Benefits25 days Annual Leave + bank holidays10% Non-contributory PensionEligibility for an Annual BonusPrivate Medical + Dental InsuranceCritical illness insurance + Life Assurance + Permanent Health InsuranceWellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)Electric Vehicle Salary Sacrifice SchemeStudy & continuing Professional Development SupportHybrid Working + IT Home Set-up Support#BePresent #BeBold #BeCurious  Read Less
  • Job ID: 41996040768Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 41996040768Posted: 2026-08-11Location: London, England, United KingdomCategory: Finance, Accounting & ControllingCompany: Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better.About Great Lakes Insurance SE: As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“GLLB”) is a substantial segment within Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral insurance platform of Munich Re Group’s Global and Specialty Insurance (GSI) Unit. Great Lakes Insurance UK Limited (“GLLS”), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency and speciality insurance business in the UK.About the role:This role supports the continuous improvement of finance processes across Great Lakes Finance UK. The successful candidate will leverage strong finance knowledge, process expertise and analytical skills to identify inefficiencies, strengthen controls, improve data quality and enhance reporting and decision-making across the finance function.The role is focused on delivering practical, sustainable improvements that simplify processes, reduce manual effort and improve business outcomes. Automation, data and emerging technologies, including AI-enabled solutions, are important enablers and will play a key role in supporting the continued evolution of the Finance function.Key Responsibilities: Identify and deliver improvements to finance processes, reporting activities and controls, improving efficiency, data quality and business outcomes.Translate business requirements into practical process improvements, reporting enhancements and automation solutions.Develop and maintain reporting, dashboards and analytical tools that improve transparency, insight and reduce manual effort.Ensure process improvements and automation solutions are appropriately tested, documented, controlled and embedded into business-as-usual operations.Support adoption of new processes and tools through training, guidance and knowledge sharing.Represent Great Lakes Finance UK on cross-functional initiatives relating to finance processes, reporting and automation, ensuring finance requirements are appropriately reflected.Competencies:Drives results You consistently achieve results even under tough circumstances, with the organisation’s performance in the front of your mind. Decision quality You make good and timely decisions to keep things moving, using analysis, experience and judgement. Customer focus You build and maintain strong customer relationships, paying attention to their needs and adapting as this evolves. Business insight You are able to apply your knowledge of the business and the market to advance your business’ and wider organisation’s goals. Cultivates innovation You create new and better ways for Munich Re to be successful e.g. generating ideas, improving operational processes, harnessing new technology etc. Persuades You use compelling arguments to gain the support, buy-in and commitment of others. Manages ambiguity You continue to operate effectively even when things are uncertain and the way forward is unclear. Courage You are not afraid to step up to address difficult issues, saying what you believe needs to be said. You are willing to challenge the status quo, recognising opportunities to do so. Key Skills & Experience:Strong finance background, gained within insurance, reinsurance or another regulated environment.Strong understanding of finance processes, reporting, controls and governance requirements.Demonstrated experience identifying inefficiencies and delivering practical process improvements.Strong analytical and problem-solving skills with the ability to translate business requirements into sustainable solutions.Hands-on experience using SQL, Power Query and/or Python to improve finance processes, reporting and decision-making.Experience leveraging AI-enabled tools to improve productivity, analysis or business processes.Strong communication and stakeholder management skills.Qualifications and Educational Requirements: Degree, professional qualification, or equivalent relevant experience.Relevant experience in finance, finance operations, reporting, financial control, technical accounting or related finance roles, including delivery of process improvement initiatives and implementation of sustainable solutions.Thought Leaders:You are seen as an expert in your field and will be the ‘go to’ person for your area of specialism within Munich Re. You will be seen as a role model/mentor to others – identifying opportunities to share your knowledge with others. You will demonstrate and role model inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture as well.You will treat your colleagues and sales and business partners fairly and with respectRegulatory & Conduct Requirements:Satisfying all regulatory reporting requirements in collaboration with the reporting functionEnsuring compliance with Munich Re’s Code of Conduct and the FCA Conduct RulesAt Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Read Less
  • Claims Data Scientist  

    - London
    Job ID: 41711207168Posted: 2026-08-07Location: London, England, United... Read More
    Job ID: 41711207168Posted: 2026-08-07Location: London, England, United KingdomCategory: Data, BI & AnalyticsCompany: Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better.About Great Lakes Insurance SE:As specialty provider of primary insurance services in the UK, Great Lakes London Branch (“GLLB”) is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE operates from its headquarters in Munich, and via branch offices in UK, Ireland, Switzerland, Italy and Australia. Great Lakes Insurance UK Limited (“GLLS”), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post-Brexit world.About the role:As a crucial member of the Delegated Authority Claims Team, you will be accountable for delivering high-quality, timely, and accurate reporting and management information (MI) to support key decision-making processes.Core Accountabilities:Take ownership of producing accurate and timely reports, Management Information, and analysis to inform business-critical decisions, ensuring that all stakeholders are well-equipped to make informed choices.Conduct in-depth analysis of claims data to identify underperformance, trends, concerns, and themes, providing actionable insights to drive business improvement.Develop and implement effective reporting strategies, ensuring that all reports meet the required standards of quality, accuracy, and timeliness.Provide expert support for various workshops and projects related to system changes, implementation, and enhancements, ensuring seamless integration and minimal disruption to business operations.Be responsible for maintaining the highest standards of data integrity, ensuring that all reports and MI are reliable, accurate, and compliant with regulatory requirements.Key Responsibilities: As a core member of the Claims Reporting function, you will use advanced data modelling, analytics and reporting capabilities to transform claims data into reliable insights that support portfolio oversight, operational improvement and informed decision-making. Your ability to structure data, identify trends and translate complex analysis into clear management information will be central to strengthening the effectiveness of the function and supporting business objectives.Designing, developing and maintaining robust data models that ensure consistency, comparability and integrity across all clients’ data, while enabling efficient access and use by internal and external partnersValidating and improving metrics and data quality to ensure calculations are accurateCreating KPI reports for internal stakeholders analysing claims portfolios (incl. root cause analysis) in support of internal oversite activities and support business decisions.Creating roadmaps for the life cycle of data projectsUsing statistical tools to interpret data sets, detecting trends and patterns that could be valuable for diagnostic and predictive analytics effortsAssisting with the preparation of loss runs and claims selection for audits and due diligencesParticipating in special projects (e.g. conduct risk, consumer duty, KPIs) and ad hoc reporting, as requiredRequired Skills and Experience:Associate degree/BA and several  years data analysis experienceExcellent command of and hands-on experience with Microsoft Office (Excel, Power BI), Azure DevOps, VBA and DAX. Good experience in developing visual reports, dashboards and KPI scorecards using Power BI. Proficient in SQL, with practical experience in R or Python.Experience in connecting data sources, importing data and transforming dataWorking knowledge of insurance & reinsuranceStrong and analytical skills with the ability to collect, organise, analyse and disseminate significant amounts of information with attention to detail and accuracyVery good understanding of processes, workflows and data structuresAbility to work independently in a dynamic environment, results-driven and practical approach to work productsProactive in identifying process improvements and adaptive to changeRegulatory & Conduct Requirements:Understanding the responsibilities and adhering to the requirements of undertaking in an FCA/PRA regulatory environment Ensuring compliance with Insurance Distribution DirectiveSatisfying all claims-related regulatory reporting requirements in collaboration with the reporting functionEnsuring compliance with Munich Re’s Code of Conduct and the FCA’s Conduct RulesThis role is in scope of IDDAdditional Personal Attributes:Confident and articulate communicatorClient awareAnalyticalNumerateSelf-motivatedAttentive to detailAble to assimilate and summarise informationAble to work to deadlines and adhere to guidelines/standardsBenefits:You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10% We are one of the few employers to offer fully paid  6months family leave for times when you need it the most. Diversity Equity & InclusionAt Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Read Less
  • Risk Review Actuary  

    - Greater London
    Job ID: 41313742912Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 41313742912Posted: 2026-08-11Location: London, England, United KingdomCategory: Actuarial & Risk ManagementCompany: Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better.About UK Life Branch:With the office in Munich, it forms the Life 1 division of Munich Re. The UK life market is one of the, if not the, most competitive life markets in the world. We understand that Life insurers work in a dynamic market where medical progress, demographic trends and changing lifestyles are constantly giving rise to new risk landscapes. This demanding situation is made even more challenging by changing laws and regulations and ever tougher competition. So, we need a smart strategy and structure in order to succeed.At UK & Ireland Life we have three pillars to our business strategy, protection, longevity and reinsurance structuring. All three are key to the success of our business so it is important to look at the big picture. In terms of clients, we trust them as experts of their business and provide them with the financial strength of the world’s largest reinsurer, global expertise, and sharp pricing so that they are both competitive and profitable.About the role: The Risk Review Actuary works in the UK Risk Management team alongside the UK CRO and Munich central functions to strengthen the UK Branch and broader LH1 Region’s Actuarial and Enterprise Risk Management capabilities, striking the correct balance between risk and commercial considerations.In addition to this they will support the ongoing production of Regulatory Reports required to the PRA and FCA as the UK Branch is a Third Country Branch, post-Brexit.The UK Branch consists of two internal branches. The UK Life Branch (UKLB) which encompasses all Protection, Longevity, Health and Structured Re reinsurance markets in the UK & Ireland. The UK General Branch (UKGB) which encompasses Non-Life run-off business.Key Responsibilities:Actuarial Risk ManagementReview of large and complex transactions, especially with respect to financial, operational, legal and reputational risk, in line with the agreed risk appetite.Provide impartial advice and challenge to UK CEO and other senior stakeholders.Review changes to pricing bases, product designs and pricing tools.Work independently or collaboratively with wider LH1 Risk Management on projects, reviews and reporting.Develop and report on the strategic risk outlook for the LH1 Region to support business steering.Risk and Capital Regulatory Reporting Contribute to the UK Branch annual ORSA process working closely with local teams and Munich central functions.Liaising with all relevant regulatory bodies in the UK, creating a highly credible reputation and strong, collaborative relationship.Ensuring compliance with Munich Re’s Code of Conduct and the FCA Conduct Rules.Enterprise Risk ManagementRisk reporting to UK CRO, UK ExCo, LH1 Management and Munich central functions.Monitor and report on the run-off Non-Life book of business.Delivery of the operational risk management framework.Review and assessment of other risk types e.g. market, credit, reputation, concentration, liquidity, strategic etc.Internal business governance activity within the UK Branch.General Risk ManagementSupport the UK Branch to write and maintain profitable commercial business and innovation initiatives, in line with the business strategy and risk appetite, acting as a Business/Risk Partner.Promote Risk Management principles, develop the UK Branch risk strategy, and communicate and raise awareness of Risk Management within the UK Branch and across the wider region.Develop the UK Branch risk strategy and appetite including product limits, striking the balance between Risk and Commercial demands.Periodically represent risk management in special initiatives (e.g. product developments and business improvements) offering guidance and challenge.Maintain and improve the UK Branch risk management framework, policies, culture and processes.Be a point of reference for the business for guidelines and control processes.Proactively seek out efficiencies in the Risk Management process to enable business growth.Provide guidance and mentoring for more junior members of Risk Management team.Competencies:Drives results – you consistently achieve results even under tough circumstances, with the organisation’s performance in the front of your mind.Decision quality – you make good and timely decisions to keep things moving, using analysis, experience and judgement.Customer focus – you build and maintain strong customer relationships, paying attention to their needs and adapting as this evolves.Business insight – you are able to apply your knowledge of the business and the market to advance your business’ and wider organisation’s goals.Cultivates innovation – you create new and better ways for Munich Re to be successful e.g. generating ideas, improving operational processes, harnessing new technology etc.Persuades – you use compelling arguments to gain the support, buy-in and commitment of others.Manages ambiguity – you continue to operate effectively even when things are uncertain and the way forward is unclear.Courage – you are not afraid to step up to address difficult issues, saying what you believe needs to be said. You are willing to challenge the status quo, recognising opportunities to do so.Key Skills & Experience:EssentialAt least basic knowledge and experience of the following areas:Actuarial and Enterprise Risk Management methodologies and frameworksLife pricing experience, in particular areas of Protection, Longevity and Structured Re deal pricingConfidence and diplomacy to challenge peers and manage upwardsEffectively dealing with senior stakeholdersAbility to build an understanding of internal and external client strategy and needsExperience delivering projectsDesirableSignificant experience in the UK insurance market, preferably in reinsurance, risk management or consultingExperience in the UK protection market with a strong understanding of the key products and featuresUK regulatory risk and capital reporting requirements, Solvency II Standard Formula and Internal Model methodologiesQualifications and Educational Requirements: Essential:University graduate or equivalent; qualified actuaryDesirable:A postgraduate qualification in insurance or risk management (e.g. CERA)You are seen as an expert in your field and will be the ‘go to’ person for your area of specialism within Munich Re. You will be seen as a role model/mentor to others – identifying opportunities to share your knowledge with others.You will demonstrate and role model inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture as well.You will treat your colleagues and sales and business partners fairly and with respect.Regulatory & Conduct Requirements:In addition to the responsibilities set out above, the risk management function is also responsible for:Liaising with all relevant regulatory bodies in the UK, creating a highly credible reputation and strong, collaborative relationshipEnsuring compliance with Munich Re’s Code of Conduct and the FCA Conduct RulesBenefitsYou will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%About usYou will work in an environment where we think big: Change and culture are continuously role-modelled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learningYou are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leadersWe communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearnYou will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working using digitalisation to deliver solutionsWe lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouragedMunich Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees. Read Less
  • Product Manager  

    - Greater London
    Job ID: 37231589504Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 37231589504Posted: 2026-08-11Location: London, England, United KingdomCategory: Information TechnologyCompany: Munich ReResponsibilities: Partner with IT and client-facing colleagues to manage product roadmaps and backlogs for IT products, ensuring that the product team delivers capabilities on time, on budget and per expectation. Manage delivery processes including requirements discovery, solution design, user story writing, feature development, and user acceptance testingPartner with executive and subject matter expert colleagues to identify key capabilities and maintain Product lifecycle according to IT conformance process and guidelines.Collaborate regularly with cross-functional teams to ensure alignment on feature development and prioritization. Work across teams and global locations in a seamless wayMonitor and evaluate product compliance and performance to facilitate continuous iteration and improvementOwns cross-project roadmap and pipeline for multiple Data and Analytics initiatives , aligning delivery with business priorities and capacity.Manages high-level scoping, dependencies, and integration of functional and non-functional requirements into plans.Acts as primary interface between business stakeholders, Data Office, and Data & Analytics teams; runs decision and sign-off trackers.Ensures adherence to platform management approach, standards, and governance timetables.Clarifies scope and outcomes, maintains backlog of epics/features, and embeds change control into the pipeline.Leads high-level requirements and options analysis to support strategic decisions on data products and platform capabilities.Facilitates workshops, working groups and steering forums; provides tailored status updates for execs, SMEs and delivery teams.Produces reports and insights that support IT and data strategy management, including risks, benefits and value tracking.Knowledge and Skills University degree preferably in Computer engineering / IT, Business Administration, Liberal Arts, Social Sciences or similar qualificationUnderstanding of Databricks, Azure datastack with familiarity of Devops/CI-CD and monitoring is requiredAwareness of data engineering concepts, development and testing of pipelines is mandatory3+ years product management experience working in a regulated industry such as Financial Services. Digital product management experience is an asset.Demonstrated experience of working in a scaled/agile team, with team members in different global locationsPreferably, you are already ITIL or Scrum certified or have the readiness to pursue one with our support  Customer FocusCollaboration and communication Organization and prioritization Project management and leadership experienceIf you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! Read Less
  • Underwriter Level 1 - Construction Liability  

    - Greater Manchester
    Job ID: 41316989248Posted: 2026-08-11Location: Manchester, England, Un... Read More
    Job ID: 41316989248Posted: 2026-08-11Location: Manchester, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReResponsibilities: UnderwritingContribute to development and promotion of Munich Re Engineering and Construction products  with a key focus on construction liability To underwrite new and renewal business in line with underwriting guidelines and appetite.Work with the intermediary/customer, undertake end-to-end handling of cases for the allocated portfolio to deliver the agreed joint business development plans in line with the Company’s overall trading strategy.Make effective on site decisions, within delegated authority, for allocated intermediaries so that work is completed efficiently.Deal with complex accounts, ensuring tailored solutions and risk appropriate decisions.Plan and process own work in a way that will assist the team to meet its customer service targets including credit control targets.Undertake other duties as directed within the level of the job function.Strategic contributionsSupport the creation and implementation of underwriting strategy, forecasts and portfolio management required to achieve profitability and technical excellence.Identify, define and develop business opportunities, seeking the input of other members of staff where appropriate, to ensure that business proposals are dealt with swiftly and effectively.Assist in maintaining a balanced and high quality portfolio, optimising the use of information gathered. Technical expertiseDeliver technical presentations where required.Act as a reference point for the allocated intermediary/customer or less experienced staff, so that a high level of customer service is delivered.Ensure the underwriting technical standards are maintained across the portfolioIntermediary and Customer management Work with the Underwriting team to develop strong relationships with allocated intermediaries, balancing intermediary needs with the Company’s trading objective in a way that will deliver profitable and balanced trading growth.Represent and promote Munich Re externally with intermediaries and customers.Knowledge and Skills High level of construction liability underwriting knowledge.Understanding of technical underwriting, philosophy and Company trading strategy.Ability to interpret and effectively use management information.Excellent communication skills.Knowledge of the local insurance market practices.Build internal relationships with Line of Business Managers, team members, Underwriters, the Claims Department and the Syndicate.Develop external relationships with a range of contacts within the allocated intermediaries, customers and local market.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! Read Less
  • Delegated Property Analyst  

    - Greater London
    Job ID: 42576128960Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 42576128960Posted: 2026-08-11Location: London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReAbout usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.  At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.  Please see our website for more information.Delegated Property AnalystWe are currently looking for a Delegated Property Analyst to be based in London on a full-time basis, reporting into the Group Head of Delegated Property.In this role you will drive insightful analysis and performance monitoring of our property portfolio, empowering Group Heads to make data-driven decisions on pricing, claims, and exposure. Bring your strong communication skills and analytical mindset to advance your expertise in data capture, analysis, and reporting.Responsibilities: Lead and drive analytical output for the Delegated Property portfolio, profiling business and monitoring performance to inform strategic decisions;Manage and manipulate large, complex datasets to derive performance metrics, supporting in-depth portfolio analysis and year-on-year risk investigations;Collaborate closely with underwriting, pricing, claims, and exposure teams to develop and automate performance monitoring and portfolio management tools using internal reporting and data warehouse solutions;Prepare standard and ad-hoc management information (MI) reports, KPIs, and support performance reporting against plans, including for Syndicate business planning and regulatory requirements (Lloyd’s, Munich, PRA);Analyze pricing models and exposure data, validate parameters, and review pricing management information to support risk quantification and new business initiatives;Support and participate in project initiatives, developing innovative analytical solutions to enhance underwriting effectiveness, including post-event analytics;Build and maintain strong relationships with Coverholders, Brokers, and internal teams across underwriting, claims, actuarial, binder management, exposure, compliance, and finance to strengthen trading and collaboration;Engage proactively across Lloyd’s and the wider market with peers and brokers to stay informed of market developments impacting syndicate performance;Contribute actively to Delegated Property team meetings and cross-functional forums within MRSL and MRSG, as well as external stakeholder interactions, supporting a collaborative team environment;Champion good Conduct practices and adhere to escalation procedures, supporting the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC), ExCo, and Board in delivering best outcomes for customers and policyholders.Knowledge and Skills Demonstrate an analytical mindset with the ability to manipulate datasets in Excel/PowerBI and derive KPIs to drive the property business forward;Possess highly developed mathematical and statistical knowledge;Apply detailed knowledge of actuarial methods and techniques to make reasoned judgements in a business environment;Understand a range of modelling techniques and their applications in pricing, exposure, and claims management;Exhibit a high degree of diligence and accuracy;Demonstrate knowledge and understanding of the underlying principles of insurance and reinsurance;Maintain current Lloyd’s market knowledge;Manage workload effectively and work collaboratively with colleagues.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.Learn more about sustainability at Munich Re – choose your impact! #BePresent #BeBold #BeCurious Read Less
  • Underwriting Analyst  

    - Greater London
    Job ID: 41320142336Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 41320142336Posted: 2026-08-11Location: London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReResponsibilities: Handle the regular internal and external reporting to support MRSG and MRSL and its subsidiaries and affiliated companies, including the production and analysis of regular reports and the development and enhancement of reporting tools.  Prepare and review standard and ad-hoc reports and KPIs for internal monitoring, underwriting controls, data quality and management level review. Assist in coordinating and completing regulatory returns such as ATIA, GAREAT and PMDr.  Support the Recording of Employers’ Liability policies on Syndicate systems and the subsequent regulatory reporting to the Employers’ Liability Tracing Office (ELTO) and respond to related queries received and issues identified, developing and enhancing processes where needed. Creating insights from portfolio of reports with a view to facilitate data-enabled decision making in Underwriting, Operations and the wider business Assist with relevant reports to Munich Re, Lloyd’s, the PRA/FCA and internal and/or external project initiatives. Engage and develop relationships with underwriting teams to provide ongoing training to all staff on underwriting systems and procedures, in order to promulgate best practice throughout MRSG. Assist in responding to underwriting audits by Lloyd’s, external auditors, Internal Audit and the wider Munich Re Group including the preparation and presentation of required underwriting information. Develop and maintain a list of all Individual Authority limits documents on behalf of Munich Re Syndicate Ltd  Contribute to relevant MRSL underwriting management procedures and processes, including those applicable to the International Distribution Companies.Assist with the annual self-assessment of, and ongoing adherence to,  the Principles for Doing Business at Lloyd’s.Assist with any ad-hoc Underwriting Operations and Underwriting Management issues as and when required. Knowledge and Skills Demonstrate clear understanding of the underlying principles of insurance and the Lloyd’s environment, including Lloyd’s Principles and the workings of a managing agent.Demonstrate clear understanding of the roles of colleagues and their relationships to the structure and operation of the department and wider organisation. Demonstrate willingness to continue to develop knowledge through formal and informal learning, both internally and externally to the organisation. Skills Ability to manage own workload and to work both supportively and jointly with colleagues. Ability to work under pressure and flexibly when necessary, prioritising tasks, resource planning and meeting deadlines. Ability to guide, support and coach other team members Familiarity with implementing, maintaining and developing state-of-the-art reporting technologies such as Power BI, data analytics capabilities and reporting process automation Use of communication skills, both written and verbal reporting and presentation, that are both effective and meet business needs. Demonstrate high degree of attention to detail and accuracy. University Degree and/or relevant professional qualification If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! Read Less
  • Head of Data Delivery  

    - Greater London
    Job ID: 42435995904Posted: 2026-08-11Location: London, England, United... Read More
    Job ID: 42435995904Posted: 2026-08-11Location: London, England, United KingdomCategory: Data, BI & AnalyticsCompany: Munich ReAbout usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.  At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.  Please see our website for more information.Head of Data Delivery, MR SpecialtyWe are currently looking for a Head of Data Delivery on a full-time basis, reporting into the Head of Data & Analytics.Responsibilities: As Head of Data Delivery, you own the data-product portfolio for Global Markets — what gets built, in what order, and for whom — and you are accountable for making sure it ships and is adopted. You run a single, transparent process for capturing demand, prioritising it against value and risk, and sequencing delivery for early, visible wins.You act as senior product owner for the priority data products, defining clear specifications — owners, consumers, service levels and fitness-for-purpose — and you run the delivery cadence that turns the roadmap into certified, adopted products. You keep process proportionate: enough to be predictable, never so much that it slows delivery.You drive consumption so that trusted, sanctioned data products become the default route for the business, and you build and grow the data product ownership capability as the portfolio scales.Knowledge and Skills Proven experience as a product owner and/or portfolio / delivery lead for data or analytics products, with a track record of shipped, adopted deliverables — not just managed backlogs.Strong prioritisation and portfolio-management skills: intake, value-based sequencing, roadmap ownership, and making trade-offs transparent to senior stakeholders.Fluency in modern delivery approaches (agile / product operating models) applied proportionately.Ability to write clear, buildable product specifications and hold a team accountable to them.Strong stakeholder management and translation skills, converting business and analytics demand into well-formed requirements.Understanding of data-product thinking, semantic layers and self-service, and how certified products displace tactical reporting.Specialty / London Market business fluency (underwriting, delegated authority, finance, exposure), or the ability to acquire it quickly.Commercial acumen and communication skills to articulate portfolio value and progress to a senior, non-technical audience.Bachelor's degree in a relevant field such as data and information management, computer science, or a related business discipline. Certifications e.g., Certified Data Management Professional is desirable.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.Learn more about sustainability at Munich Re – choose your impact! #BePresent #BeBold #BeCurious Read Less

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