Job Description

Location

Munich, Germany

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

10815

Company

Munich Re

Employment type

Regular

Area of expertise

Business Strategy & Consulting

The position is located in Munich.


Insurance Consulting is the global Property & Casualty (P&C) consultancy within the Munich Re Group. Our international team of seasoned insurance professionals delivers high-impact solutions across key areas such as Pricing, Underwriting, and Portfolio Management.


What sets us apart? A global but lean setup, a focus on actionable outcomes, and efficient, collaborative project delivery. We thrive on close teamwork - both across our global internal network and with our clients. Whether supporting internal stakeholders within Munich Re or working directly with our cedants, we are committed to driving tangible performance improvements. In today’s environment of rising uncertainty and increasing competitive pressure, our mission is clear: empower our clients to succeed with insight, technical excellence, and measurable results.


We are seeking an experienced Senior Consultant with deep expertise in General Insurance Pricing. The ideal candidate will have a solid international background, advanced technical skills, and a proven track record in consulting or comparable functions within a Primary Insurance. This role requires strategic thinking, exceptional stakeholder management, and strong interpersonal skills to navigate a global, interdisciplinary environment.


We are looking for someone with a solution-oriented mindset, a passion for delivering top-quality results, and a drive to explore new approaches. If you are ready to make a difference, we look forward to hearing from you!

Your Job

Identify client performance needs and develop tailored solutions through hypothesis testing and validation Consult primary insurers on end-to-end pricing solutions, pricing strategy and governance, product development, underwriting strategies and portfolio steering Serve on pricing and underwriting committees to monitor and steer primary insurance portfolios Build and maintain sustainable relationships internally with Client Management, Underwriting, and Claims as well as external counterparts Develop replicable consulting concepts and ensure a competitive service offering Analyse markets, identify growth opportunities, and integrate Munich Re solutions Monitor and respond to pricing related trends (technology, methodology, strategy, product, regulation) Be key contributor to development of Munich Re views on emerging topics (e.g.; AV, EV, Augmented UW) Lead advanced cross-line projects, manage multiple stakeholders, and ensure superior delivery quality and an exceptional client experience for both internal and external clients Present business cases, RFPs, and pitches to client top management; support negotiations Represent Munich Re as a trusted partner, act as the PI Center of Competence within the RI Group, ensuring best practices and offering the full spectrum of services

Your Profile

Tertiary education (BSc/ BA, MSc, PhD), or fellowship in an internationally recognised Actuarial Association Extensive consultancy or primary insurance experience in an international environment, including project management and solution development Deep expertise in primary insurance (strategy, processes, pricing, underwriting, claims, and technology) Proficiency in statistical methods and machine learning, pricing technology (e.g. Earnix, WTW Radar/ Emblem, Akur8) and coding (R or Python) Insurance portfolio performance management and technical reporting Proven leadership in managing cross-cultural teams and delivering results in high-stakes scenarios Exceptional analytical skills and the ability to develop innovative client solutions Strong interpersonal and communication skills, with the gravitas to engage C-suite executives High emotional intelligence, customer-centric mindset, and a commitment to excellence Fluent in business English; additional languages such as German, Spanish or French are desirable Willingness to travel and work abroad for extended periods

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 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

Lisa Schneider


HR Consultant



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.