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- 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 £ per year.
Munich Re City Of London, England, United Kingdom
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Munich Re City Of London, England, United Kingdom
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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.
The Senior Project Manager will lead change and transformation initiatives within our Change Portfolio, supporting to deliver against our function objectives and overall strategy. This is a Fixed Term Contract for 12 months based in our London City office, on-site 2-3 days per week.
This specific role will provide project management support to a wider programme of work, leading the Delivery and rollout of business critical technology to support within the Delegated Authority area of our business. This ongoing programme is a key strategic deliverable for our Operations function to deliver.
Project Managers within the Change team play a crucial role in leading ensuring the successful delivery of initiatives across change, growth and transformation.
Responsibilities
- Project Ownership: Key person to lead, drive and be responsible for project delivery.
- Define project scope and objectives: Work with stakeholders to clearly define the scope and objectives of the project, outlining what needs to be accomplished and the desired outcomes.
- Project Planning: Ensuring a clear project/programme plan is available at all times. Ensuring that tasks, timelines, resources, and milestones are shown as required by the business and or stakeholder group.
- Manage resources: Resource evaluation and allocation across the Portfolio. Working pro-actively with stakeholders to ensure this is estimated, allocated and utilised effectively to ensure smooth project delivery.
- Budget management: Support the management of project budgets which require monitoring and review throughout the life of the project, aligned with support of the business Sponsor
- Assess the change impact: Conduct impact analyses, assess change readiness, and identify key stakeholders.
- Communication: Communicate in a clear and transparent manner supporting the achievement of project goals. Acting as a central point of control and coordination to ensure project success. Coordination and management of external parties including Claims TPA’s, external fronting companies and parties across the Munich Re Group. The Senior Project Manager must enable the design, development, delivery and management of key communications.
- Risk management: Identifying, documenting and managing potential risks, issues and dependencies across programmes. Ensuring a mitigation plan is in place to remediate.
- Communication and collaboration: Facilitate and lead effective communication among team members, stakeholders, and other relevant parties, ensuring everyone is on the same page and aware of project progress. Prepare and moderate workshops and other project-related meetings with senior management, functional experts and other stakeholders
- Monitor, control and report progress: Monitor and report project progress, manage project planning, taking corrective actions when necessary to keep the project on track
- Quality assurance: Project documentation and outputs should meet required quality standards and specifications and should be managed in accordance with the agreed portfolio governance.
- Conflict resolution: Addressing conflicts and challenges that arise within the project team or with stakeholders is a key responsibility of the project manager. Escalating and reporting issues appropriately.
Required Knowledge, Skills and Experience
- Significant Business specific Project or Change Management experience
- Demonstrated Experience working within the Delegated Authority Market
- Strong knowledge and experience working with Onboarding, Due Diligence and Bordereaux Management systems and technology
- Knowledge and understanding of market leading systems e.g. VIPR, Watertrace, distriBind etc
- Strong experience in vendor contract negotiation and vendor management
- Experience implementing technical solutions to support bordereaux and coverholder management
- Substantial and proven Insurance Industry knowledge
- Demonstrable experience and knowledge of the London Market, especially Lloyd’s
- Ability to thrive in a function where change is constant
- Proven stakeholder management skills and ability to drive decision making at an Executive level
- Proven understanding of Project Management Methodologies (Agile, Scrum, Waterfall, hybrid approaches)
- Knowledge of business analysis techniques and processes
- Good understanding of Data Security and Privacy across Insurance products
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!
- 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
- Hybrid Working + IT Home Set-up Support
#BePresent #BeBold #BeCurious
Seniority level
-
Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Accounting/Auditing
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Industries
Insurance
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Senior Project Manager employer: Munich Re
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
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.
