At a Glance
- Tasks: Lead the AI strategy and drive innovative projects at Munich Re.
- Company: Join Munich Re, a diverse and inclusive leader in specialty insurance.
- Benefits: Enjoy competitive salary, flexible work options, and professional growth opportunities.
- Other info: Be part of a dynamic team committed to diversity and sustainability.
- Why this job: Shape the future of AI in insurance and make a real impact.
- Qualifications: Experience in AI strategy and strong leadership skills required.
The predicted salary is between 90000 - 110000 £ per year.
This job is with Munich Re, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
About us
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.
Please see our website for more information.
Head of AI, MRS-GM
As Head of AI, you own the AI strategy for Munich Re Specialty, Global Markets and drive it into execution as the function matures.
You set the strategy and direction for how we use AI, aligned to our commercial objectives, and translate it into a prioritised, governed roadmap of use cases.
AI creates value on two fronts.
It sharpens front-office decisions - underwriting, pricing, portfolio steering.
It also changes how we run: how we deliver change, how we operate, and how much of our processing can be automated or augmented.
You hold both, and prioritise across them.
Today the role is strategy-led: shaping the ambition, prioritising use cases, building capability and standing up responsible-AI governance.
As the portfolio matures, it moves into direct ownership of delivery, with the team and patterns to support it.
You partner with Enablement, Analytics, underwriting, pricing, operations, change and the CIO function to put AI into production safely.
Role Overview
- Own and evolve the AI strategy, keeping it aligned to the Ex Co ambition and Ambition 2030 outcomes.
- Identify, prioritise and sequence AI use cases across front-office value and operational delivery.
- Move the roadmap from concept to production as the function matures.
- Own AI governance: responsible-AI controls, model-data lineage, and alignment with emerging regulation.
- Build AI capability and literacy across MRS, aligned to the Munich Data & AI Academy skill matrix.
- Establish delivery patterns that let AI scale as a repeatable capability, not one-off builds.
- Hold the AI narrative at executive level.
- Evidence realised benefit post-deployment, not projected benefit alone.
Responsibilities
- AI strategy and roadmap. Own the strategy and translate it into a prioritised, sequenced roadmap aligned to the Ex Co ambition.
- Use-case prioritisation.
Identify, size and prioritise opportunities across underwriting, pricing, operations and change; maintain a transparent view of the pipeline and its expected value.
- AI in how we operate.
Apply AI to our own delivery and operating processes, not only to front-office decisions - reducing effort, cycle time and cost in how change and operations are run.
- AI governance by design.
Own responsible-AI controls, model-data lineage, evaluation and monitoring, aligned to Munich Re Group AI governance.
Keep controls proportionate to risk and embedded in workflows.
- AI-readiness partnership. Work with Enablement so priority data is usable, discoverable and fit for AI; consume certified data products and the semantic layer.
- Execution as the function matures.
Take direct ownership of AI delivery - prioritised use case to deployed, monitored, supported service - building the team and patterns to support it.
- Capability and literacy. Build AI capability aligned to the Data & AI Academy skill matrix; act as senior point of expertise.
- Executive narrative. Own the AI story at Ex Co and with underwriters, translating technical possibility into commercial outcomes.
- Value evidence. Track and evidence realised benefit; source London Market proof points to de-risk investment.
- Deployment partnership. Partner with the CIO function on secure, scalable deployment and integration with the strategic platforms.
- Knowledge and Skills
- 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.
- Proven experience setting and delivering an AI strategy in a commercial setting, with a track record of moving AI from concept into scaled, production use.
- Experience applying AI both to front-office decision-making and to how change and operations are delivered.
- Strong grasp of the modern AI ecosystem, MLOps, evaluation and monitoring, and responsible-AI practice.
- AI governance experience and the ability to make data fit for AI, working through certified data products and a semantic layer.
- Specialty / London Market fluency (delegated authority, ceded reinsurance, entity resolution, Lloyd's data standards), or the ability to acquire it quickly.
- Ability to hold the AI narrative credibly with underwriters and at Ex Co, translating technical possibility into commercial outcomes.
- Ability to balance speed, risk and control, implementing proportionate governance that enables delivery while maintaining safeguards.
- Strong leadership and influencing skills, with the credibility to mobilise cross-functional teams and grow a delivery capability over time.
- Excellent communication, translating complex AI concepts into clear, non-technical narratives.
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!
#Be Present #Be Bold #Be Curious
Head of AI in London employer: Munich Re
As a leading insurance provider in Greater London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and transformation. Join us to be part of a team that is dedicated to making a meaningful impact in the insurance industry while enjoying the vibrant lifestyle that Greater London has to offer.
StudySmarter Expert Advice🤫
We think this is how you could land Head of AI in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Munich Re). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Munich Re. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of AI in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Munich Re.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Munich Re. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Munich Re
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Munich Re to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Munich Re, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Munich Re's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
