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Change Lead

Location London, United Kingdom Job type Full-Time Work mode Hybrid Job level Professional Job ID 12221 Company Munich Re Specialty - Global Markets Employment type Regular Area of expertise Actuarial & Risk Management
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All locations London, United Kingdom; Manchester, United Kingdom;

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.  

Change Lead

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

Knowledge and Skills

  • 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 & 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! 

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
•    Hybrid Working + IT Home Set-up Support

#BePresent #BeBold #BeCurious

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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