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- Tasks: Lead change initiatives in Legal, Risk & Compliance while collaborating with diverse teams.
- Company: Join Munich Re, a leader in specialty insurance with a supportive culture.
- Benefits: Enjoy 25 days annual leave, private medical insurance, and a non-contributory pension.
- Other info: Diversity and inclusion are at our core; we welcome all applicants to apply.
- Why this job: Make a real impact in a dynamic environment focused on innovation and sustainability.
- Qualifications: Experience in risk or compliance roles and strong stakeholder management skills required.
The predicted salary is between 60000 - 80000 £ per year.
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 looking for a Change Lead to join our team in London or Manchester on a full-time basis. You will assist the Head of Oversight and CRO in supporting the change programme and delivering the Legal, Risk & Compliance (LRC) Target Operating Model and key components of the LRC vision. With a focus on supporting the change activity, and advancing legal, risk and compliance tools and mechanisms, commensurate with the scale and maturity of the businesses and its ambitions.
Responsibilities- Develop and deliver the oversight activities and support coordination of key deliverables of change projects within LRC and across MRS-GM.
- Engage MRS-GM transformation and change teams to develop and embed strong change management strategies, frameworks and disciplines.
- Coordinate the Legal Risk and Compliance resources required to support the change portfolio deliveries.
- Working closely with the Insights Lead to lead and deliver risk analysis, risk commentary and opinions for senior management, committees and Boards.
- Co-ordinate/track commentary and deliverables from Compliance and Legal.
- Develop and implement approaches to drive collaborative working across LRC and effective collaboration with other functions.
- Identify and drive good and best practice approaches across the function, supporting the design, implementation and embedding of key LRC frameworks, with a focus on change oversight.
- Working closely with the Insights Lead to support LRC input to key MRS-GM business deliveries including strategic prioritisation and business planning.
- Working closely with the Insights Lead to ensure appropriate interaction with all governance areas including Legal, Risk, Compliance, CoSec and Internal Audit to ensure comprehensive understanding and delivery of governance and oversight across the business.
- Establish and maintain relationship with internal and external stakeholders colleagues across MRS-GM, GSI, Munich Re Group and external advisers as appropriate.
- Support implementation and embedding of the LRC Target Operating Model. Work closely with LRC colleagues and other key stakeholders on new business and change initiatives.
- Provide technical support to Risk or Compliance teams and broader support to Legal, as appropriate.
- Significant insurance experience working in a Risk or Compliance role.
- Experience of implementing and embedding risk and/or compliance strategies and frameworks across organisations of differing maturities.
- Experience of leading significant change workstreams.
- Familiarity with UK regulatory requirements including the PRA, FCA and Solvency II requirements and equivalent EU regulations.
- Must be able to evidence strong stakeholder management skills in a change, challenge and support capacity, and demonstrate flexibility as required.
- Must have a good change mindset and demonstrate ability to thrive and bring team along in a change environment.
- A strong understanding of technical Risk and/or Compliance concepts and equally comfortable understanding and communicating clearly with quantitative and qualitative information.
- A proven track record of supportive initiatives, delivery results, and succeeding in a high growth, high-velocity environment.
- Demonstrated ability to work in a cross-functional environment with a range of stakeholders across the organisation, to handle expectations and to drive alignment.
- Data-driven and expert in identifying data/MI needs, interpreting information and extracting value and actions from a diversity of data and MI.
- Comfortable in new/ambiguous situations with a proven ability to cut through and distil disparate information and opinions in support of good-decision making and stakeholder value.
- Ability to leverage off new technology and tools, e.g. gen AI tools, would be 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!
Diversity, Equity & InclusionAt 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 tomorrowAt 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!
Benefits- 25 days Annual Leave + Bank Holidays
- 10% Non-contributory Pension
- Eligibility for an Annual Bonus
- Private Medical + Dental Insurance
- 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
Solution Architect Sr. employer: Munich Re Specialty - Global Markets, UK
Contact Detail:
Munich Re Specialty - Global Markets, UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Solution Architect Sr.
✨Tip Number 1
Network like a pro! Reach out to current employees at Munich Re through LinkedIn or industry events. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by understanding their culture. They value being bold and curious, so think of examples where you've shown these traits in your past roles.
✨Tip Number 3
Showcase your change management skills! Be ready to discuss how you've successfully led change initiatives before, especially in risk or compliance settings.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the team!
We think you need these skills to ace Solution Architect Sr.
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to reflect the specific skills and experiences that align with the Solution Architect role. Highlight your insurance experience and any relevant change management strategies you've implemented.
Showcase Your Change Mindset: In your application, emphasise your ability to thrive in a change environment. Share examples of how you've successfully led change initiatives and engaged stakeholders, as this is key for the role.
Be Data-Driven: Since the role involves risk analysis and data interpretation, include any relevant experience you have with data-driven decision-making. Mention tools or methodologies you've used to extract value from data.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Munich Re Specialty - Global Markets, UK
✨Know Your Stuff
Make sure you have a solid understanding of the insurance industry, especially in relation to risk and compliance. Brush up on UK regulatory requirements like PRA and FCA, as well as Solvency II. This will show that you're not just familiar with the role but also genuinely interested in the field.
✨Showcase Your Change Management Skills
Prepare examples of how you've successfully led change initiatives in previous roles. Be ready to discuss specific strategies you implemented and the outcomes. This will demonstrate your ability to thrive in a dynamic environment and your understanding of effective change management frameworks.
✨Engage with Stakeholders
Highlight your experience in stakeholder management. Think of instances where you’ve effectively collaborated with various teams or external partners. Being able to communicate clearly and manage expectations is crucial, so be prepared to share how you’ve navigated these relationships.
✨Be Data-Driven
Since the role involves interpreting data and making informed decisions, come prepared with examples of how you've used data to drive results. Discuss any tools or technologies you've leveraged, especially if they relate to risk analysis or compliance, to show that you're comfortable with data-driven decision-making.