At a Glance
- Tasks: Drive business transformation initiatives across various functions using architecture and data analytics.
- Company: Join Great Lakes Insurance, part of the Munich Re Group, in a dynamic environment.
- Benefits: Enjoy competitive pay, 25 days leave, private medical insurance, and generous family leave.
- Other info: Be part of a diverse team that values innovation and collaboration.
- Why this job: Make a real impact by improving business processes and driving strategic change.
- Qualifications: Experience in insurance or financial services, with skills in business analysis and architecture.
The predicted salary is between 58500 - 71500 £ per year.
London, England, United Kingdom
Category: Operations & Product Management
Company: Munich Re
About Great Lakes Insurance SE:
As a 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.
Partnering across business, technology and change teams, you will support business transformation initiatives across underwriting, claims, finance, and operational functions by combining business architecture, business analysis, and data analytics techniques that strengthen organisational effectiveness and business outcomes. You will be able to understand, and define business capabilities, define target operating models, analyse performance data and support strategic change programmes that deliver Great Lakes strategic priorities. You will help prioritise technology roadmap investments, guide transformation initiatives and ensure change efforts are aligned to long term business objectives.
Business Architecture and Strategic Analysis
- Business Capability Mapping
- Operating Model Design
- Process Mapping & Process Improvement
- Business Requirements Engineering
- Data Analysis & MI reporting
- Technology and Change Alignment
- Governance and Controls Analysis
- Impact Assessment & Change Analysis
- Stakeholder Engagement & Facilitation
Competencies:
- Drives results (we think big) – you consistently achieve results even under tough circumstances, with the organisation's performance in the front of your mind. You make good and timely decisions to keep things moving, using analysis, experience and judgement.
- Business insight (we think big) – you can apply your knowledge of the business and the market to advance your business' and wider organisation's goals.
- Collaboration (we lead the 'we') – you identify opportunities and bring the right people together to work on a common goal, encouraging diversity of opinion, whilst maintaining clarity and unity of direction.
- Persuades (we are clear and authentic) – you use clear and compelling arguments to gain the support, enthusiasm and commitment of others, whilst ensuring you take time to actively listen to the diversity of views and opinions.
Key Skills & Experience:
- Several years of experience working in Insurance, Reinsurance, Financial services and regulated environments is preferred.
- Assess business capabilities, operating models, business processes to identify opportunities for improvement, simplification and value creation.
- Track record in Business Architecture, Business Analysis or Operating model design.
- Are proactive, adaptable, and eager to learn in a fast paced business- IT facing environment.
- Knowledge of Insurance, Reinsurance business models, products and industry practices would be an advantage.
- Familiarity with business process improvement methodologies such as Lean, Six Sigma DMAIC, or continuous improvement frameworks.
- Knowledge of Agile, Scrum, DevOps, PMP processes and frameworks would be advantageous.
- BCS, IREB or similar certifications in Business Analysis would be advantageous.
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 treat your colleagues and sales and business partners fairly and with respect.
Regulatory & Conduct Requirements: Understanding the responsibilities and adhering to the requirements of undertaking a regulated role. Ensuring compliance with Munich Re's Code of Conduct and the FCA Conduct Rules.
Benefits: 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 6 months family leave for times when you need it the most.
Diversity, Equity & Inclusion: 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; 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.
You can request an adjustment by speaking to your Talent Acquisition contact.
Business Architect - Government in London employer: Munich Re
Munich Re is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Our commitment to cutting-edge technology and Agile practices not only enhances job satisfaction but also positions our employees at the forefront of the insurance industry.
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