Business Analyst for F&C Single Risk Target System Landscape (m/f/d)*

Munich Re’s Facultative and Corporate business unit (MR F&C) manages our global facultative reinsurance and direct insurance portfolio across Property, Engineering, Energy, Casualty, Cyber, and New Risk Solutions. Since 2019, MR F&C has grown significantly and invested in innovative initiatives. A robust, end-to-end operating platform with an integrated systems and data landscape, standardized global processes, and a foundation for AI capabilities is central to our strategy. We are seeking a highly motivated Business Analyst to help deliver these ambitions, with a focus on end-to-end support for our global Casualty underwriting teams.

Your Job

• Serve as a business analyst across the full project lifecycle, translating business needs into clear, testable IT requirements and user stories with acceptance criteria. 
• Lead and structure requirements engineering activities, including stakeholder interviews, process mapping, data and interface requirements, and non-functional requirements. 
• Act as a liaison between business stakeholders, product owners, and engineering teams; prioritize the backlog, manage scope, and ensure traceability from requirements through testing to release. 
• Design and configure prototypes and proof-of-concepts on Microsoft Power Platform, including model-driven and canvas apps, Power Automate flows, Dataverse data models and Copilot Studio AI agents. 
• Support the target solution architecture by challenging specifications and ensuring fit to the target process and system landscape. 
• Prepare, execute, and document User Acceptance Testing, including test design, defect management, and sign-off, ensuring high-quality delivery at each release. 
• Drive standardization of processes and system requirements across lines of business and regions.  
• Support change management by preparing stakeholder communications, training content, and enablement sessions for business users and super users. 

Your Profile

• University degree or with certificate of secondary education and completed professional formation with focus on Computer science.  
• Several years of experience in IT projects with a strong focus on requirements engineering or business analysis; good understanding of the full software development and product lifecycle. 
• Proven ability to elicit, analyse, and document business demands and translate them into system designs and user stories that developers can implement. 
• Hands-on experience with Microsoft Power Platform, specifically Power Apps, Power Automate, and Dataverse; ability to build functional prototypes and configure solutions.  
• Understanding differences between Power Apps, Logic Apps and Azure Functions and you are comfortable in choosing the right design consideration.
• Basic understanding in documents core pack is beneficial.
• Initial experience with Copilot Studio (formerly Power Virtual Agents), including designing intents, entities, topics, and integrating copilots with Power Platform and Microsoft Teams.
• Initial experience with GitHub for version control and collaboration and familiarity with GitHub Actions or Power Platform Build Tools is a plus.
• Basic knowledge of one or more programming or scripting languages is a plus
• Familiarity with UI and UX principles, data modelling, and process modelling; experience with BPMN or similar notations is beneficial.
• Basic knowledge of designing API-based integrations; experience with custom connectors or Azure integration services is an advantage.
• Experience in (re)insurance, particularly underwriting products, processes, and markets, is a plus.
• Strong analytical and conceptual skills, with the ability to simplify complexity, make sound decisions, and communicate clearly across cultures and seniority levels.
• Proficiency in agile methods and tools; experience with backlog and test management tools.
• Fluent business English and German are mandatory; additional languages are an asset.
• Willingness to travel internationally as required.

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
Leonie Johnson
Talent Acquisition Partner