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- Tasks: Lead client engagements, design data-driven solutions, and manage projects independently.
- Company: Join Munich Re's global Property & Casualty consultancy, known for impactful insurance solutions.
- Benefits: Enjoy a competitive salary, 25 days annual leave, private medical insurance, and generous family leave.
- Why this job: Make a real impact in a collaborative, diverse environment focused on innovation and client success.
- Qualifications: Tertiary education in maths or related fields; experience in non-life insurance portfolio management is essential.
- Other info: We value diversity and encourage applicants from all backgrounds to apply.
The predicted salary is between 43200 - 72000 £ per year.
About Us:
Insurance Consulting is the global Property & Casualty (P&C) consultancy within the Munich Re Group. Our international team of seasoned insurance professionals delivers high-impact solutions across key areas such as Pricing, Underwriting, and Portfolio Management.
What sets us apart? A lean, agile setup, a strong focus on actionable outcomes, and efficient, collaborative project delivery. We thrive on close, hands-on teamwork—both across our global internal network and with our clients. Whether supporting internal stakeholders within Munich Re or working directly with our cedants, we are committed to driving tangible performance improvements. In today’s environment of rising uncertainty and increasing competitive pressure, our mission is clear: empower our clients to succeed with insight, technical excellence, and measurable results.
The Opportunity
We are seeking an experienced and dynamic Engagement Manager with strong technical skills and prior experience in one or more areas of non-life insurance portfolio management—such as actuarial portfolio diagnostics, business steering, reporting and analytics, accumulation control, or capital management.
You may have a background in consulting or have worked closely with business teams in a strategic or technical capacity. What’s essential is your ability to think strategically, engage effectively with stakeholders, and thrive in a collaborative, interdisciplinary, and international environment.
We’re looking for someone with a solution-oriented mindset, a passion for delivering high-quality outcomes, and the curiosity to explore new approaches. If you\’re ready to drive meaningful impact, we’d love to hear from you.
Your Responsibilities
- Understand client needs and design tailored, data-driven solutions using advanced methodologies
- Deliver exceptional outcomes on client engagements; manage workstreams independently and lead smaller projects autonomously
- Support client discussions with senior stakeholders and contribute to business cases, RFPs, and proposal development
- Collaborate across global Deal Teams with diverse skill sets and backgrounds
- Ensure a superior client experience through quality execution and delivery
- Track project milestones and support overall project management
- Build a strong professional presence through expertise and performance
Your Profile
About Us:
Insurance Consulting is the global Property & Casualty (P&C) consultancy within the Munich Re Group. Our international team of seasoned insurance professionals delivers high-impact solutions across key areas such as Pricing, Underwriting, and Portfolio Management.
What sets us apart? A lean, agile setup, a strong focus on actionable outcomes, and efficient, collaborative project delivery. We thrive on close, hands-on teamwork—both across our global internal network and with our clients. Whether supporting internal stakeholders within Munich Re or working directly with our cedants, we are committed to driving tangible performance improvements. In today’s environment of rising uncertainty and increasing competitive pressure, our mission is clear: empower our clients to succeed with insight, technical excellence, and measurable results.
The Opportunity
We are seeking an experienced and dynamic Consultant with strong technical skills and prior experience in one or more areas of non-life insurance portfolio management—such as actuarial portfolio diagnostics, business steering, reporting and analytics, accumulation control, or capital management.
You may have a background in consulting or have worked closely with business teams in a strategic or technical capacity. What’s essential is your ability to think strategically, engage effectively with stakeholders, and thrive in a collaborative, interdisciplinary, and international environment.
We’re looking for someone with a solution-oriented mindset, a passion for delivering high-quality outcomes, and the curiosity to explore new approaches. If you\’re ready to drive meaningful impact, we’d love to hear from you.
Your Responsibilities
- Understand client needs and design tailored, data-driven solutions using advanced methodologies
- Deliver exceptional outcomes on client engagements; manage workstreams independently and lead smaller projects autonomously
- Support client discussions with senior stakeholders and contribute to business cases, RFPs, and proposal development
- Collaborate across global Deal Teams with diverse skill sets and backgrounds
- Ensure a superior client experience through quality execution and delivery
- Track project milestones and support overall project management
- Build a strong professional presence through expertise and performance
Your Profile
- You have a tertiary education (BSc, MSc, PhD) in mathematics, statistics, actuarial sciences, or a related numerical science; or professional qualification from a recognized Actuarial Association
- You have technical numerical experience in primary insurance with exposure to strategy, operations, PPCU, or insurance technology. You are comfortable performing analytics on large data sets and translating your results into actionable insights that can deliver real business value.
- You have actuarial/analytical technical hands-on expertise in one or more aspects of non-life portfolio management, such as business steering, reporting, accumulation control, pricing, or actuarial diagnostics.
- Strong analytical and problem-solving capabilities, with a client-focused mindset
- High level of ownership, accountability, and a proactive, self-starting attitude
- Excellent interpersonal and communication skills, with the ability to engage confidently with senior stakeholders
- Fluency in English; additional languages such as Spanish or French are advantageous
- Willingness to travel and engage in international assignments as needed
About us
You 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 learning
You 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 leaders
We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
You 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 solutions
We 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 encouraged
At 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.
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.
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Engagement Manager - - Insurance Portfolio Management employer: Munich Re
Contact Detail:
Munich Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Engagement Manager - - Insurance Portfolio Management
✨Tip Number 1
Familiarise yourself with the latest trends in non-life insurance portfolio management. Understanding current methodologies and technologies will not only enhance your knowledge but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in the insurance consulting space, especially those who have experience with Munich Re or similar companies. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed projects or engagements in the past. Highlighting your ability to deliver exceptional outcomes and collaborate effectively will resonate well with the hiring team.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data-driven solutions to solve complex problems. This aligns perfectly with the role's focus on delivering tailored, actionable insights for clients.
We think you need these skills to ace Engagement Manager - - Insurance Portfolio Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in non-life insurance portfolio management. Focus on your technical skills and any consulting background that aligns with the role's requirements.
Craft a Compelling Cover Letter: In your cover letter, emphasise your strategic thinking and stakeholder engagement abilities. Mention specific examples of how you've delivered high-quality outcomes in previous roles.
Showcase Analytical Skills: Demonstrate your analytical capabilities by including examples of how you've worked with large data sets and translated insights into actionable business strategies. This is crucial for the Engagement Manager position.
Highlight Collaborative Experience: Since the role requires collaboration across global teams, mention any past experiences where you successfully worked in interdisciplinary environments. This will show your ability to thrive in a team-oriented setting.
How to prepare for a job interview at Munich Re
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what an Engagement Manager does, especially in the context of insurance portfolio management. Familiarise yourself with key areas like actuarial diagnostics and capital management, as these will likely come up during discussions.
✨Showcase Your Analytical Skills
Given the technical nature of the role, be prepared to discuss your experience with data analysis and how you've used it to drive business outcomes. Bring examples of past projects where your analytical skills made a significant impact.
✨Engage with Stakeholders
Demonstrate your ability to engage effectively with senior stakeholders. Prepare to share experiences where you successfully navigated complex discussions or contributed to business cases, highlighting your communication skills and strategic thinking.
✨Emphasise Team Collaboration
Since the company values teamwork, be ready to talk about your experiences working in diverse teams. Share specific examples of how you collaborated with others to achieve project goals, showcasing your ability to thrive in a collaborative environment.
