Job Description

Location

Munich, Germany

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

11626

Company

Munich Re

Employment type

Regular

Area of expertise

Information Technology

Successful candidates must be prepared to relocate to the specified job location in the job posting and will be employed directly under the hiring entity’s contractual terms.


This role will be part of the Corporate Functions Tower for Group Technology ( IT 1.12), 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.


Our Central Investment Accounting System (CIA) is based on SAP FAM. To enhance our CIA IT team, we are seeking an experienced and motivated

Business Analyst

. As a member of the product team, you will closely cooperate with your team members and be responsible for requirements, compliance, tests, and methodology.

Your Job:

Manage requirements: Identification, documentation, and review Take responsibility that the product fulfills all security and compliance requirements Support internal and external audits Manage tests Ensure that our methodology (OneEssentials) is consistently used Support the product manager, e.g., with planning tasks Identify and resolve issues with the application Work in an international product team Ensure regular and accurate communication with all stakeholders Cooperate successfully with the business department ‘Financial and Regulatory Reporting’ Identify and manage risks proactively

Your Profile:

University degree in Information Technology or similar qualification Several years of experience with SAP, preferably with SAP FAM Good knowledge of the entire software development and product life cycle acquired in various positions (project management, requirements engineering, consulting, etc.) Highly developed analytical and conceptual skills allied to the ability to present complex situations in a clear and understandable way Collaborative working style in an international team, creating a culture of accountability and sharing High degree of commitment and the mindset to master the various tasks Fluent spoken and written English, German is an advantage

Application Instructions

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 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.

Your Benefits

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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.