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Product Manager for Finance Reinsurance Systems (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 12397 Company Munich Re Employment type Regular Area of expertise Information Technology
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This role will be part of the Corporate Functions Tower for Group Technology ( IT1.12), which oversees IT service delivery and manages key relationships across all corporate and central units, including Finance, HR, Legal & Compliance, Services/Facilities, and Procurement. The Tower also manages cross-functional domains such as document management, collaboration platforms, corporate websites, and Group-wide Identity Access Management (IAM), as well as selected central platforms and Regulatory/Integrated Risk Management (IRM) product delivery.

The IT Section Reinsurance Finance Systems delivers business value through the management of IT products including execution of change projects for all Finance departments of Munich RE’s Reinsurance Divisions worldwide.

This position will be located in Munich.

Your Job

  • Management of global IT products in the area of financial applications for Reinsurance Accounting
  • Management of business requirements and consulting business to fulfill business strategy, using market and technical innovation knowledge
  • Planning and aligning product roadmap with business on basis of target architecture, including necessary technical and security refactoring 
  • Initiating projects and conducting implementation of change requests, planning and executing product releases, conducting sign-off procedures
  • Knowledge of all relevant technical and functional details of the products, including interfaces to other products
  • Responsibility for a stable run of the products, including setup and management of all relevant processes for run, support, incident and monitoring - aligned with the needs of the business. In case of major incidents escalation and management of solution
  • Constant check of incident volume (incl. root causes) and infrastructure settings to setup necessary improvement measures
  • Updating all information to run and develop the products including SLA with business
  • Conducting and updating compliance gates and checking that the products are running secure and compliant including all aspects of VAIT (regulatory requirements for IT)
  • Steering of the IT-teams
  • Management of product costs and budgets
  • Management of software licenses needed for the product

Your Profile

  • University degree, preferably in Computer engineering / IT or similar qualification
  • Several years of experience in IT application development and hence in-depth knowledge of the entire software development and product life cycle 
  • Track record of successful implementations that delivered value to the business
  • Demonstrable experience with requirements engineering including use cases and user stories
  • Experience with agile project management including leading teams and being responsible for all financial aspects 
  • Strong analytical and communication skills
  • Collaborative working style creating a culture of accountability and sharing 
  • Experience in the management of diverging interests of various stakeholders, ability to set priorities in a pragmatic and efficient way 
  • A high degree of commitment and the willingness and ability to master the various tasks 
  • Detailed knowledge of Microsoft Azure and Azure DevOps would be advantageous
  • Fluent spoken and written English and German as well as willingness to travel internationally

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 16,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.  
Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. 
Sounds like you? Push boundaries with us and be part of Munich Re. 
Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements. 
  • Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft
Korbinian Rentsch
Talent Acquisition Partner

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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.

See the area you’ll be working in

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