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Senior Project Manager (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 12929 Company Munich Re Employment type Regular Area of expertise Information Technology
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This role will be part of the Operations Projects Tower for Group Technology, responsible for delivering complex strategic change initiatives across operational domains including Infrastructure, Networks, Cloud, End User Compute, Service Management, and M&A onboarding projects. The Tower oversees multiple project portfolios, each led by senior change and people leaders, and ensures end-to-end project delivery, financial oversight, and alignment with business strategy. Key responsibilities include managing project budgets, prioritization, planning, and partnering with senior business leaders to achieve successful outcomes.

Operating as a global center of project and program excellence for change delivery, budget management, and people development within IT, the OP team enables transformation and ensures the successful implementation of technology solutions that underpin the Munich Re global organization. The team’s remit spans the full IT landscape — from the foundational network infrastructure to the end-user desktop experience. They are accountable for delivering measurable business benefits and outcomes, managing project budgets, maintaining the project roadmap, allocating and leading project resources, and ensuring the timely delivery of all project scopes. Four Portfolio Leads run several global portfolios of activity. Each portfolio delivers the strategic agenda and roadmap for a specific part of the IT Infrastructure or business demand.  Within each portfolio there are multiple projects, programs and project delivery resources. The four portfolio leads are Head of Sections and they and the Head of PMO report directly in the Global Head of Operations Projects.

Your Job

  • To run and manage a complex program or a set of inter-related projects with a budget of approximately €3m - €5m taking responsibility for their delivery using formal project management techniques as appropriate.
  • Oversee the execution of multiple concurrent projects, acting as the co-ordinator between multiple projects and deliverables to ensure they’re benefiting each other and align with the overall business goals and outcomes.
  • Establish and maintain processes for managing scope during the project lifecycle, setting quality and performance standards and assessing risks.
  • Ensure adherence and adoption of Munich Re’s project management methodology – ‘One Essentials’.  Actively contribute feedback to established methodologies, within the spirit of continuous improvement.
  • Defining project objectives, project scope, roles & responsibilities.
  • Defining resource requirements and managing resource availability & allocation – both internal and third party.
  • Outlining a budget based on requirements and tracking costs to deliver project on budget.
  • Preparing a detailed project plan to schedule key project milestones, workstreams & activities.  Managing delivery of the project according to this plan.
  • Tracking project and providing regular reports on project status to project team and key stakeholders, including executives.
  • Managing and adjusting for any changes in project scope, schedule and / or budget, in accordance with approved authorities and change processes.
  • Manage teams with a diverse range of talent, this may include both internal and external resources, providing leadership and direction.
  • Identifying and mitigating potential risks.
  • Managing the relationship and communication with the client and all stakeholders, including executive relationships in IT and client-facing business units.
  • Ensuring the project is delivered to sponsor’s satisfaction, and risks and issues including political concerns are well managed.
  • Advising, consulting and mentoring of other project managers in the team.
  • Coaching and consulting new hires for project management positions in the RI LH IT Tower.
  • Managing the program within budget constraints and with profound cost consciousness. Ensuring all program costs (actuals) are actively tracked and managed, including SOWs/Purchase Orders, Contracts, internal resource assignments, and that accurate forecasts and accruals are maintained in SAP (finances) and Clarity (resources).
  • Coordinating the completion of all documentation, change requests, approvals, lifecycle steps and compliance gate requests in a timely manner to ensure the projects in the program continue to align with the agreed schedule.
  • Any additional duties and responsibilities that may reasonably be expected to be undertaken in accordance with the role.

Your Profile

  • University degree in Computer Engineering, IT, Business Administration, Social Sciences or a comparable qualification 
  • Minimum of 7 years’ experience in delivering IT or digital projects, preferably within Financial Services or a regulated industry 
  • Strong project management expertise, including budgeting, cost control, resource planning, and effective prioritization 
  • Results- and customer-oriented mindset with proven ability to analyze complex requirements, solve problems pragmatically, and deliver sustainable outcomes 
  • Excellent organizational and coordination skills to manage functional and geographically distributed workstreams as well as internal and external stakeholders 
  • Outstanding communication and stakeholder management skills, with experience in addressing diverging interests and producing clear project status and management reports 
  • Team-oriented and collaborative working style with demonstrated leadership capabilities, including mentoring, coaching, and active knowledge sharing 
  • High level of initiative, flexibility, and resilience, with the ability to perform effectively in a fast-paced environment with competing priorities 
  • Strong attention to detail and experience working under strict governance and compliance requirements 
  • Consulting mindset with strong commercial and business awareness 
  • Fluent written and spoken German and English 
  • Willingness to travel internationally as required

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 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
Timo Wacke
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.

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