Munich Re Careers

Role Description We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. Future focused and always one step ahead! - Lead the IRM project management office for enterprise‑level initiatives, translating priorities into structured plans with clear scope, milestones, dependencies, and delivery discipline. - Provide project risk management oversight for major initiatives, including review and challenge of project documentation to assess risk adequacy, project tiering, and execution readiness. - Act as the IRM risk partner for material project risks, issuing risk opinions on significant decisions or changes and participating in steering or governance forums as needed. - Partner with project managers and sponsors to ensure timely escalation of emerging risks, execution issues, and material budget or scope changes. - Manage interdependencies across multiple concurrent initiatives, balancing delivery objectives with enterprise risk and governance expectations. - Deliver clear, decision‑ready status and risk reporting to IRM leadership and senior stakeholders. - Contribute to broader enterprise risk management activities, including governance forums and internal risk reporting. - Serve as a member of the US Non Life IRM leadership team and make decisions in the best interest of the team. - Be a team player in support of all IRM and MRAS objectives. Qualifications - Bachelor’s degree in Business, Risk Management, Finance, Operations, Information Systems, or a related field (or equivalent experience). - 10+ years of experience leading increasingly complex, cross‑functional projects or programs in insurance, financial services, or a similarly regulated environment. - Demonstrated expertise in project management and execution risk, including managing scope, timeline, cost, and delivery risk. - Experience applying or overseeing project risk management practices for large or high‑impact initiatives. - Experience working within formal enterprise governance structures, including executive‑level reporting and issue escalation. - Proven ability to influence outcomes in a matrixed organization without direct authority. - Project management certification strongly preferred (e.g., PMP, PRINCE2, Agile/Scrum). - Insurance or risk credentials a plus (e.g., CPCU, ARe, actuarial exams/designations, or equivalent). Requirements - Strong interpersonal skills with the ability to build relationships, influence outcomes, and gain alignment across U.S. and international stakeholders. - Comfortable engaging with senior executives, framing trade‑offs, providing perspective, and constructively challenging assumptions when appropriate. - Self‑directed and execution‑oriented, able to operate effectively with limited direction and drive work forward in ambiguous or evolving situations. - Demonstrates sound judgment and ownership, proactively identifying issues and advancing solutions. - Brings an enterprise mindset, balancing delivery objectives with risk discipline and governance expectations. Benefits - The base salary range anticipated for this position is $125,800- $184,500 plus opportunity for company bonus based upon a percentage of eligible pay. - Health insurance coverage (two options: PPO or High Deductible). - Prescription drug coverage (included in your health insurance plan). - Vision and dental insurance plans. - Basic life insurance equal to 1x annual salary and AD&D coverage equal to 1x annual salary at no cost. - Short and Long Term Disability coverage. - Supplemental Life and AD&D plans available for purchase. - Voluntary Benefit plans (Accident, Critical Illness, Hospital Indemnity). - A robust 401k plan with up to a 5% employer match. - A retirement savings plan that is 100% company funded. - Paid time off that begins with 24 days each year, with more days added for milestone service anniversaries. - Eligibility to receive a yearly bonus as a Munich Re employee. - A variety of health and wellness programs provided at no cost. - Paid time off for eligible family care needs. - Tuition assistance and educational achievement bonuses. - A corporate matching gifts program for charitable donations. - Paid time off to volunteer in your community.

Role Description We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. The Opportunity: Future focused and always one step ahead! Responsibilities - Lead the IRM project management office for enterprise‑level initiatives, translating priorities into structured plans with clear scope, milestones, dependencies, and delivery discipline. - Provide project risk management oversight for major initiatives, including review and challenge of project documentation to assess risk adequacy, project tiering, and execution readiness. - Act as the IRM risk partner for material project risks, issuing risk opinions on significant decisions or changes and participating in steering or governance forums as needed. - Partner with project managers and sponsors to ensure timely escalation of emerging risks, execution issues, and material budget or scope changes. - Manage interdependencies across multiple concurrent initiatives, balancing delivery objectives with enterprise risk and governance expectations. - Deliver clear, decision‑ready status and risk reporting to IRM leadership and senior stakeholders. - Contribute to broader enterprise risk management activities, including governance forums and internal risk reporting. - Serve as a member of the US Non Life IRM leadership team and make decisions in the best interest of the team. - Be a team player in support of all IRM and MRAS objectives. Qualifications - Bachelor’s degree in Business, Risk Management, Finance, Operations, Information Systems, or a related field (or equivalent experience). - 10+ years of experience leading increasingly complex, cross‑functional projects or programs in insurance, financial services, or a similarly regulated environment. - Demonstrated expertise in project management and execution risk, including managing scope, timeline, cost, and delivery risk. - Experience applying or overseeing project risk management practices for large or high‑impact initiatives. - Experience working within formal enterprise governance structures, including executive‑level reporting and issue escalation. - Proven ability to influence outcomes in a matrixed organization without direct authority. - Project management certification strongly preferred (e.g., PMP, PRINCE2, Agile/Scrum). - Insurance or risk credentials a plus (e.g., CPCU, ARe, actuarial exams/designations, or equivalent). Requirements - Strong interpersonal skills with the ability to build relationships, influence outcomes, and gain alignment across U.S. and international stakeholders. - Comfortable engaging with senior executives, framing trade‑offs, providing perspective, and constructively challenging assumptions when appropriate. - Self‑directed and execution‑oriented, able to operate effectively with limited direction and drive work forward in ambiguous or evolving situations. - Demonstrates sound judgment and ownership, proactively identifying issues and advancing solutions. - Brings an enterprise mindset, balancing delivery objectives with risk discipline and governance expectations. Benefits - The base salary range anticipated for this position is $125,800 - $184,500 plus opportunity for company bonus based upon a percentage of eligible pay. - Health insurance coverage, including two options for your health insurance plan (PPO or High Deductible). - Prescription drug coverage (included in your health insurance plan). - Vision and dental insurance plans. - Additional insurance coverages provided at no cost, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary. - Short and Long Term Disability coverage. - Supplemental Life and AD&D plans that you can purchase for yourself and dependents. - Voluntary Benefit plans that supplement your health and life insurance plans. - A robust 401k plan with up to a 5% employer match. - A retirement savings plan that is 100% company funded. - Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries. - Eligibility to receive a yearly bonus as a Munich Re employee. - A variety of health and wellness programs provided at no cost. - Paid time off for eligible family care needs. - Tuition assistance and educational achievement bonuses. - A corporate matching gifts program that further enhances your charitable donation. - Paid time off to volunteer in your community.

Role Description Certify ISO audit reports by independently evaluating if auditors are meeting applicable ISO requirements and HSB’s standards. Provide a quality control function in support of HSB’s ISO standard accreditation in certifying clients to a particular standard. - Provide technical support, annual training, grading exams, and proficiency documentation. - Perform ISO audits as needed to maintain awareness of audit market issues. - Contribute process improvement with editing of assigned sections of HSB’s ISO Standards Quality Management system. - Target and promote directly to potential clients. Qualifications - High School diploma or equivalent primary school is required. - Associates’ degree in Quality Control, Mechanical Engineering, Program Management, Business Management, Contract Management or equivalent is desired. - 2+ years Quality Management experience or educated with an ISO Certificate demonstrating the ability to learn new quality system requirements such as ISO 9001 Quality Management Systems. - 1+ year experience in ISO 14001 Environmental Management Systems and/or 1+ year experience with 45001 Occupational Health and Safety is preferred. - Experience in industrial, manufacturing, sales and business experience is preferred. Requirements - Working knowledge of Quality Management Systems and ISO 9001 standard. - Excellent communications skills and technical writing. - Demonstrated interpersonal and team skills including customer interaction in person, by phone, or email in support for audit team tasks. - Ability to prioritize tasks and schedule time with minimal supervision and direction. - Customer Focused. Benefits - At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. - Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. - We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. - We recruit and develop talent with a focus on providing our customers the most innovative products and services.

Role Description Use your experience in the power generation industry or heavy manufacturing to become an integral member of HSB’s heavy industry engineering team … all while primarily working from home! If you have experience as a reliability engineer, plant engineer, maintenance manager, field engineer, or project manager, this could be the next career step for you. If you become a Principal Account Engineer with HSB, you will: - Visit facilities from paper mills to power plants. - Consult with site leadership and analyze the facility’s equipment, maintenance, training, and contingency planning. - Identify possible machinery breakdown or fire concerns. - Work consultatively with customers to reduce their risk potential. - Consult with HSB underwriters on machinery insurance coverage offerings. - Update guidelines and teach internal audiences about the process flow, machinery, and potential equipment failures. As a new team member, you will focus on the industries you are familiar with. As you develop further in this role, you will evaluate businesses in other heavy industries. The team works in many industries, including: - Steel - Aluminum - Mining - Pulp & Paper - Heavy Manufacturing - Glass - Chemical - Traditional Power Generation - Solar - Battery Energy Storage - Renewable Natural Gas Team members work cooperatively to support HSB’s heavy industry insurance programs. Qualifications - Bachelor’s degree in engineering or related discipline is preferred. - 15+ years of experience in operations, maintenance, capital projects, inspection, or insurance engineering of process equipment associated with high value industries. - 5+ years experience leading/managing personnel and/or major equipment repair/installation projects is preferred. Requirements - Comprehensive understanding of the machinery, operations, repair timelines, and process flow for multiple high risk occupancies. - Excellent interpersonal skills. - Excellent written and verbal communication. - Self-starter; able to work with limited supervision and manage competing priorities. - Understanding of insurance industry and underwriting terms. - Strong presentation and training skills. - Ability to travel, including ~30 overnight stays per year. Benefits - Inclusive culture and workforce that reflects the customers served and communities lived and worked in. - Workplace where all colleagues feel respected, valued, and empowered. - Focus on providing innovative products and services.

Role Description As an Electrical Technician you will undertake and meet the statutory and contractual inspections across a range of electrical equipment and have the ability to perform repairs. This is a varied role where no 2 days are the same. You’ll play a key role in helping our clients stay compliant, safe, and operational, all while working within a supportive, expert-led environment. What Makes This Role Special - Meaningful impact: Your work directly protects people, assets, and businesses. - Customer connection: Build strong relationships and become a trusted partner to clients. - Continuous growth: Access to first-class training and career development opportunities. - Trusted brand: Be part of a company known for technical excellence, integrity, and innovation. Part of the wider Munich Re Group. Qualifications - 1 – 3 years’ experience in Electrical engineering environments. - Minimum Level NVQ 3, or equivalent award, in an electrical engineering discipline. - Knowledge/understanding of statutory regulations, such as Electricity at work regulations and British Standards. - Electrical Inspection and Testing Qualification. (C&G 2391) - 18th Edition IET wiring regulations qualification. (BS 7671:2018) - Holder of UK Driving licence, no more than 6 points. - Ability to travel. Requirements - Strong communication skills and a genuine drive to deliver outstanding service. - A proactive, professional approach with high attention to detail. - The ability to work unsupervised and under your own initiative, with excellent time management. - A flexible mindset and commitment to working safely and effectively across varied environments. - Ability to follow and apply statutory requirements and guidelines and company defined policies, processes and procedures. Benefits - In addition to a competitive salary, excellent work-life balance and a bespoke training package, you will also receive a rewards package of approximately £13,000: - Annual car allowance of £5,500. - 25 days annual leave (with the ability to purchase more), plus 2 wellbeing days and volunteer days. - Annual profit share bonus. - Free private medical and dental (with the option to upgrade). - Pension – up to 13% employer contribution. - Access to health and wellbeing programmes, employee assistance programmes and occupational health support. - Stay connected with mobile phone and tablet devices provided for work. - Cycle to work scheme and access to discounts through various retailers with Reward Gateway. - Enhanced maternity, paternity, and adoption leave. - Reimbursement for professional fees.

Role Description This position can be located remotely within the US. About Corporate Actuarial – Valuation: Corporate Actuarial produces reserving and financial metrics across IFRS 17, US Stat/Health, and Solvency II. The team delivers accurate, forward-looking financial information that supports senior management, Finance, ERM, Pricing, auditors, and regulators. Results from valuation drive thought leadership and informed decision-making across the organization. You will be a member of the Living Benefits & Group (LB & G) Valuation team, which handles: - Long Term Care (LTC) - Individual Disability (IDI) - Group Long Term Disability (GLTD) - Group Life (GL) Your primary responsibility is to manage day-to-day valuation activities of Munich's LTC line of business, including: - Support of new business activities on LTC products - Coordination of valuation of existing business with external consultants - Opportunities to lead ad-hoc projects from other lines of business within the valuation team - Managing actuarial students and the relationship with external consultants supporting the team Responsibilities - Key contact and liaison between external consultants working on the valuation of existing LTC business and other internal stakeholders - Help assess, onboard, and support quarterly reporting on new LTC transactions - Support external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient - Manage LTC-specific quarterly and annual closing issues, assumptions, corrections, and control evidence - Develop and document valuation assumption updates, ensuring alignment with Pricing/ERM and assumption governance - Quantify sensitivities and stress tests and support deeper insights and analysis of MARCs LTC business - Strengthen model/process controls: input validation, automated checks, and reproducible workflows - Ensure LTC model/process changes support Best Estimate reporting, statutory requirements, and emerging deal structures - Prepare LTC projections for reforecasts, annual plan, ORSA-aligned scenarios, stress testing, and capital analysis - Partner with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation - Collaborate with Finance, Model development, ERM, Claims, and Data teams - Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re - Assist external reviewers (e.g., auditors) - Effectively manage internal and/or external resources (e.g., consultants) Qualifications - FSA required - Bachelor's degree - Valuation or Financial Reporting experience - Living benefits/LTC product knowledge preferred - Modeling experience (e.g., Moody’s AXIS, SQL) preferred Benefits - Two options for your health insurance plan (PPO or High Deductible) - Prescription drug coverage (included in your health insurance plan) - Vision and dental insurance plans - Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary - Short and Long-Term Disability coverage - Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children) - Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity) - A robust 401k plan with up to a 6% employer match - Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries - Eligibility to receive a yearly bonus as a Munich Re employee - A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement - Paid time off for eligible family care needs - Tuition assistance and educational achievement bonuses - A corporate matching gifts program that further enhances your charitable donation - Paid time off to volunteer in your community

Role Description This position can be located remotely within the US. About Corporate Actuarial – Valuation: Corporate Actuarial produces reserving and financial metrics across IFRS 17, US Stat/Health, and Solvency II. The team delivers accurate, forward-looking financial information that supports senior management, Finance, ERM, Pricing, auditors, and regulators. Results from valuation drive thought leadership and informed decision-making across the organization. You will be a member of the Living Benefits & Group (LB & G) Valuation team, which handles Long Term Care (LTC), Individual Disability (IDI), Group Long Term Disability (GLTD), and Group Life (GL) reporting. The Director & Actuary – LTC Valuation has end-to-end ownership of LTC valuation results and provides strategic leadership across IFRS 17, US Statutory (Health), and Solvency II. You will be managing actuarial students and the relationship with external consultants supporting the team. This role ensures valuation results for LTC supports senior management decision-making and informs external reporting. Responsibilities - Valuation and Financial reporting - Own LTC valuation results and deliverables across all reporting frameworks. - Oversee external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient. - Own the LTC-specific quarterly and annual closing process ensuring a robust control and evidence documentation process is in place. - LTC Assumptions & Insight - Support assumption development, validation, documentation, and audit/regulatory engagement. - Oversee LTC financial projections, stress testing, and scenario analysis. - Modeling & Process Governance - Set long-term modeling and process improvement goals alongside the Head of Living Benefits. - Strengthen and ensure adherence to model controls: input validation, automated checks, and reproducible workflows. - Planning, Forecasting & Strategic Support - Prepare LTC projections for reforecasts, annual plan, ORSA-aligned scenarios, stress testing, and capital analysis. - Key valuation contact with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation. - Stakeholder Partnership - Partner with senior stakeholders on LTC risk, capital, and growth strategy. - Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re. - Effectively manage and develop internal actuarial students and work with and steer priorities of external resources (e.g. consultants). Qualifications - FSA required. - 7+ years of actuarial experience. - Living benefits pricing or valuation experience preferred. - Modeling experience preferred. - Proven people management and stakeholder communication skills. Benefits - Two options for your health insurance plan (PPO or High Deductible). - Prescription drug coverage (included in your health insurance plan). - Vision and dental insurance plans. - Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary. - Short and Long-Term Disability coverage. - Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children). - Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity). - A robust 401k plan with up to a 6% employer match. - Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries. - Eligibility to receive a yearly bonus as a Munich Re employee. - A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement. - Paid time off for eligible family care needs. - Tuition assistance and educational achievement bonuses. - A corporate matching gifts program that further enhances your charitable donation. - Paid time off to volunteer in your community.

Role Description Are you decisive, detail-oriented, and skilled at building relationships? Join our team as a Client Company Underwriter II, where you’ll partner with assigned client company underwriters to provide equipment breakdown coverage for new and renewal business. You’ll manage a diverse portfolio, evaluate and quote risks, and play a key role in maintaining a profitable reinsurance business. Position located in Hartford, CT and open to Remote Options. Key Responsibilities - Renewal Management: Oversee and service renewal accounts, ensuring all necessary reviews, data collection, and customer communications are completed. Prepare and send quotes, follow up with customers, and process policies for issuance. - New Business Management: Identify and pursue new business opportunities. Assess submissions, coordinate with engineering as needed, prequalify accounts, and manage the quoting and issuance process. - Market Knowledge & Customer Focus: Participate in internal training to expand your underwriting expertise and binding authority. Attend customer meetings and ensure accuracy in rated instructions for assigned client companies. - Client Relationship Development: Foster and develop relationships with assigned client companies through virtual calls and client visits. Prepare for meetings by reviewing account activities and addressing key topics. Qualifications - Bachelor’s degree in Business Administration, Risk Management, Finance, or equivalent work experience. - 5+ years of experience in the insurance industry. - Experience in P&C, Mechanical, or Facilities Engineering is a plus. Requirements - Excellent verbal and written communication skills, with the ability to negotiate effectively. - Strong interpersonal, organizational, and analytical skills. - Attention to detail and sound decision-making abilities. - Sales and customer service orientation. - Knowledge of machinery, equipment breakdown exposures, and coverages. - Understanding of underwriting and marketing concepts. Benefits - We see Diversity and Inclusion as a solution to the challenges and opportunities all around us. - Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. - We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. - We recruit and develop talent with a focus on providing our customers the most innovative products and services. - We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Role Description Are you decisive, detail-oriented, and skilled at building relationships? Join our team as a Client Company Underwriter II, where you’ll partner with assigned client company underwriters to provide equipment breakdown coverage for new and renewal business. You’ll manage a diverse portfolio, evaluate and quote risks, and play a key role in maintaining a profitable reinsurance business. Position located in Hartford, CT and open to Remote Options. Key Responsibilities - Renewal Management: Oversee and service renewal accounts, ensuring all necessary reviews, data collection, and customer communications are completed. Prepare and send quotes, follow up with customers, and process policies for issuance. - New Business Management: Identify and pursue new business opportunities. Assess submissions, coordinate with engineering as needed, prequalify accounts, and manage the quoting and issuance process. - Market Knowledge & Customer Focus: Participate in internal training to expand your underwriting expertise and binding authority. Attend customer meetings and ensure accuracy in rated instructions for assigned client companies. - Client Relationship Development: Foster and develop relationships with assigned client companies through virtual calls and client visits. Prepare for meetings by reviewing account activities and addressing key topics. Qualifications - Bachelor’s degree in Business Administration, Risk Management, Finance, or equivalent work experience. - 5+ years of experience in the insurance industry. - Experience in P&C, Mechanical, or Facilities Engineering is a plus. Requirements - Excellent verbal and written communication skills, with the ability to negotiate effectively. - Strong interpersonal, organizational, and analytical skills. - Attention to detail and sound decision-making abilities. - Sales and customer service orientation. - Knowledge of machinery, equipment breakdown exposures, and coverages. - Understanding of underwriting and marketing concepts. Benefits - We see Diversity and Inclusion as a solution to the challenges and opportunities all around us. - Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. - We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. - We recruit and develop talent with a focus on providing our customers the most innovative products and services. - We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Role Description The Hartford Steam Boiler Inspection and Insurance Company is looking for an Inspector to join our Engineering Team! In this position you will perform inspections to include low to medium complexity risk exposures, but not limited to, commercial, industrial, and non-manufacturing locations for the purposes of jurisdictional certification, loss prevention, risk assessment, OnSights and claims investigations. May be utilized for fee service engineering inspections. Qualifications - High school diploma or equivalent - 2 years’ experience with boilers, UPV, industrial, mechanical and electrical equipment is required - Engineering degree (BSME, BSEE or BSChE) may be substituted for practical experience - National Board Commission required - Successful completion of Company required training Requirements - Planning and organizational skills - Self-motivated with the ability to work without direct supervision and adaptability - Interpersonal skills - Customer service skills - Communicates effectively (both verbally and written) - Problem solving skills - Computer technology skills including the Microsoft Office Suite - Physical Requirements: - Ability to crawl through 11” X 15” openings into confined spaces - Ability to climb vertical ladders and several stories of stairs - Ability to climb and function at heights of at least 30 feet, and up to eight (8) to ten (10) stories - Ability to perform bending, stretching and twisting motions - Ability to withstand temperature variations (up to 70 degrees) - Ability to walk 3-5 miles - Ability to stand for long periods of time and remain in a stationary position 50% of the time - Ability to lift own body weight while hanging or entering a confined space with associated safety equipment - Ability to lift equipment up to 50 lbs. - Visual acuity of 20/20 (natural or corrected) and identify colors - Ability to hear (corrected) the sounds of equipment operation Benefits - We see Diversity and Inclusion as a solution to the challenges and opportunities all around us. - Our goal is to foster an inclusive culture and build a workforce that reflects the communities in which we live and work. - We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. - We recruit and develop talent with a focus on providing our customers the most innovative products and services. - We are an equal opportunity employer. - Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.