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Project Manager

Location Toronto, Canada Job type Full-Time Work mode Hybrid Job level Professional Job ID 12559 Company Munich Re, Canada (Life) Employment type Regular Area of expertise Operations & Product Management
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Position Overview

As part of the Reinsurance Operations team, the Project Manager will lead and support initiatives focused on improving operational workflows, enhancing efficiency, and delivering projects that strengthen the effectiveness of our Life & Health Reinsurance operations.

Working closely with operational leaders, business stakeholders, and technology partners, you will drive initiatives from problem identification through implementation, ensuring projects deliver measurable improvements to operational performance. The role will require strong project management capabilities, business process analysis, and the ability to collaborate across teams to implement sustainable solutions.

You will play a key role in helping the business identify operational opportunities, streamline workflows, and implement improvements that support both current operational needs and longer-term process enhancements.

Your Role:

  • Lead and manage operational projects and process improvement initiatives across the North American Life & Health Reinsurance Operations function.
  • Partner with operational leaders to identify opportunities to enhance efficiency, effectiveness, and scalability of core processes.
  • Apply business process improvement methodologies to analyze existing workflows and recommend practical, sustainable solutions.
  • Facilitate cross-functional collaboration between Operations, Technology, and other internal partners to deliver project objectives.
  • Manage project timelines, milestones, deliverables, and risks to ensure successful implementation.
  • Develop clear project plans, status reporting, and dashboards to communicate progress to stakeholders and leadership.
  • Translate operational challenges into actionable project plans and process improvement initiatives.
  • Support the documentation and optimization of operational processes and workflows.
  • Identify root causes of operational challenges and work with stakeholders to design and implement effective solutions.
  • Contribute to a culture of continuous improvement within the operations organization.

Your Profile:  

  • Undergraduate degree in Business, Engineering, Finance, or a related discipline.
  • 8–10 years of experience in project management, business process improvement, or operational change roles.
  • Experience delivering projects within financial services, insurance, reinsurance, or similarly regulated industries considered an asset.
  • Demonstrated experience leading cross-functional initiatives and managing projects from concept through implementation.
  • Experience working closely with operational teams to improve processes and workflows.
  • Strong project management discipline with experience managing multiple concurrent initiatives.
  • PMP certification or equivalent project management training considered an asset.
  • Experience with process improvement methodologies (Lean, Six Sigma, or similar BPI frameworks) considered an asset.
  • Advanced proficiency in MS Office Suite, including Excel, PowerPoint, and collaboration tools.
  • Strong relationship-building skills with the ability to work effectively across business and technology teams.
  • Ability to communicate complex ideas clearly and effectively to a range of audiences, including senior leadership.
  • Comfortable facilitating discussions, gathering input, and aligning stakeholders on project outcomes.
  • Ability to operate independently while managing priorities in a fast-paced operational environment.

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.  By turning uncertainty into manageable risk, we enable fundamental change.  We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.  We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry.  We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days
  • A great compensation package including annual company bonus
  • Market leading company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
  • Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program, Recognition & Rewards Platform

Our base salary range for this role is between $112,670and $130,460 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for a new vacancy. 

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.

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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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