Senior Project Manager

Senior Project Manager

City of London Full-Time 95000 - 140000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead and manage key projects, ensuring successful delivery and stakeholder communication.
  • Company: Munich Re is a leading global insurance provider focused on innovation and inclusivity.
  • Benefits: Enjoy 25 days annual leave, private medical insurance, and hybrid working options.
  • Why this job: Join a supportive culture that values curiosity and boldness while driving impactful change.
  • Qualifications: Experience in project management, especially within the insurance sector, is essential.
  • Other info: Diversity and inclusion are at our core; all backgrounds are encouraged to apply.

The predicted salary is between 95000 - 140000 ÂŁ per year.

Overview

At 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.

We are currently looking for a Senior Project Manager to be based in London on a full-time basis, reporting into the Head of Subsection – IT and Security.

As a Senior Project Manager you will be accountable for executing a diverse range of projects that support one or more lines of business, including global initiatives. You’ll have the responsibility to deliver results on time and budget, working with distributed teams across a range of IT disciplines including Architecture, Service Delivery, Application Teams and external service providers and vendors.

Responsibilities

  • Lead the execution of large-scale, complex IT and Cybersecurity projects, including global and regulatory initiatives.
  • Drive the development of project charters that clearly define scope, objectives, timeline, success metrics, requirements (business, non-functional, functional, and operational), and risk mitigations strategies for global cybersecurity initiatives.
  • Establish and maintain processes for managing scope during the project lifecycle, setting quality and performance standards and assessing risks.
  • Ensure adherence and adoption of Munich Re’s project management methodology – “MR Essentials”. Actively contribute feedback to established methodologies, within the spirit of continuous improvement.
  • Define resource requirements and manage resource availability & allocation – both internal and third party.
  • Structure and manage a budget based on requirements and tracking costs to deliver project on budget.
  • Prepare a detailed project plan to schedule key project milestones, workstreams & activities. Manage delivery of the project according to this plan.
  • Navigate and adapt to high levels of uncertainty, changing requirements, and dynamic business environments while maintaining a structured project delivery approach.
  • Translate complex technical concepts into actionable plans and executive-level updates.
  • Track project and provide regular reports on project status to project team and key stakeholders, including executives.
  • Manage and adjust for any changes in project scope, schedule and/or budget, in accordance with approved authorities and change processes.
  • Identify and mitigate potential risks, interdependencies, and ensure compliance with organizational and regulatory security standards.
  • Support continuous improvement by identifying technical or process gaps and recommending sustainable solutions.

Knowledge and Skills

  • 10+ years of experience in complex IT project leadership using recognised / best practice delivery methodologies. Experience of Program management an advantage.
  • 6+ years of experience in delivering Cyber / IT Security projects in Financial Services or a regulated industry. Experience in delivering to achieve IT regulatory / compliance frameworks (e.g. VAIT, DORA) an advantage.
  • Proven success leading global, cross-functional cybersecurity projects in highly customized and evolving IT environments.
  • Successful coordination of project deliverables based on an understanding of the customer needs.
  • Ability to construct project budgets and manage project costs to agreed baselines.
  • Ability to lead under uncertainty, manage shifting priorities, and thrive in ambiguous settings.
  • Demonstrated personal organizational skills and ability to coordinate the efforts of others involved in the delivery of projects, including negotiating deadlines and commitments.
  • Demonstrated ability to work globally and lead multi-functional teams across businesses and international cultures to deliver results.
  • Experience of leading projects involving the structure and management of 3rd party vendor or service provider contracts.
  • Preferably, you are already ITIL, Scrum or PMI certified or have the readiness to pursue one with our support.
  • Excellent communication, stakeholder engagement, and decision-making skills.
  • Recognized as proactive and with high problem-solving competence.
  • German language skills an advantage.

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!

Inclusion & ESG

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.

Benefits

  • Critical illness insurance + Life Assurance + Permanent Health Insurance
  • Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
  • Electric Vehicle Salary Sacrifice Scheme
  • Study & continuing Professional Development Support

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Senior Project Manager employer: Munich Re

Munich Re is an exceptional employer that fosters a culture of innovation and inclusivity, making it an ideal place for professionals seeking meaningful careers. With a strong commitment to employee development, generous benefits including a non-contributory pension and private medical insurance, and a supportive work environment in the heart of London, employees are empowered to thrive and contribute to impactful projects. The company's focus on diversity, equity, and sustainability further enhances its appeal, ensuring that every team member feels valued and has the opportunity to grow.
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Contact Detail:

Munich Re Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Project Manager

✨Tip Number 1

Familiarise yourself with the specific technologies and systems mentioned in the job description, such as VIPR and Watertrace. Understanding these tools will not only help you during interviews but also demonstrate your proactive approach to the role.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those who have experience in project management within the Delegated Authority Market. Engaging with them can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with various project management methodologies like Agile and Scrum. Be ready to share specific examples of how you've successfully implemented these approaches in past projects.

✨Tip Number 4

Research Munich Re's culture and values, especially their commitment to diversity, equity, and inclusion. Being able to articulate how your personal values align with theirs can set you apart from other candidates.

We think you need these skills to ace Senior Project Manager

Project Management
Stakeholder Management
Change Management
Budget Management
Risk Management
Vendor Management
Business Analysis
Agile Methodologies
Scrum
Waterfall
Technical Solution Implementation
Knowledge of Delegated Authority Market
Experience with Onboarding and Due Diligence Systems
Communication Skills
Conflict Resolution
Data Security and Privacy Awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant project management experience, especially in the Delegated Authority Market. Use specific examples that demonstrate your ability to lead change and transformation initiatives.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Munich Re and how your skills align with their objectives. Mention your familiarity with project management methodologies like Agile and Scrum, and how you can contribute to their Change Portfolio.

Showcase Relevant Skills: Emphasise your experience with vendor contract negotiation, budget management, and risk management. Highlight any specific technologies or systems you've worked with that are mentioned in the job description, such as VIPR or Watertrace.

Demonstrate Cultural Fit: Munich Re values diversity, equity, and inclusion. In your application, reflect on how you embody these values and how you can contribute to a supportive environment that encourages curiosity and boldness.

How to prepare for a job interview at Munich Re

✨Understand the Role Thoroughly

Before the interview, make sure to read the job description carefully. Familiarise yourself with the responsibilities and required skills, especially around project management methodologies and the Delegated Authority market. This will help you tailor your answers to demonstrate how your experience aligns with what they are looking for.

✨Prepare for Scenario-Based Questions

Expect questions that ask you to describe how you've handled specific situations in past projects. Prepare examples that showcase your project ownership, risk management, and stakeholder communication skills. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

✨Showcase Your Leadership Skills

As a Senior Project Manager, you'll need to lead teams and drive decision-making. Be ready to discuss your leadership style and provide examples of how you've successfully managed teams, resolved conflicts, and facilitated effective communication among stakeholders in previous roles.

✨Demonstrate Your Knowledge of Industry Tools

Familiarise yourself with the specific tools and technologies mentioned in the job description, such as VIPR and Watertrace. Be prepared to discuss your experience with these systems or similar ones, and how they can contribute to successful project delivery in the insurance industry.

Senior Project Manager
Munich Re
Location: City of London
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M
  • Senior Project Manager

    City of London
    Full-Time
    95000 - 140000 ÂŁ / year (est.)
  • M

    Munich Re

    10000+
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