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Lead the end-to-end reinsurance operational engine for North America Life & Health, overseeing production, claims, and data engineering. Drive the transformation of operations into a data-driven organization by integrating AI, automation, and advanced analytics to deliver client value.
Requires 10+ years of experience in reinsurance operations with a proven track record of leading large, multi-disciplinary teams. Candidates should possess insurance designations (Actuarial, LOMA, or University) and expertise in data warehousing and Power BI.
Position Overview
This is an exciting opportunity to be at the forefront of transforming how reinsurance operations deliver value at Munich Re. As Vice President, Reinsurance Operations, you will lead a large, multi-disciplinary organization responsible for the end-to-end operational engine across North America Life & Health.
You will play a critical role in shaping the future of the function by connecting operations, data, and technology to drive innovation, improve data quality, and unlock deeper insights for both Munich Re and our clients.
This role goes well beyond traditional operations leadership, with accountability spanning from assuming client data intake and translation through to retrocessionaires. The management of core data including premium, inforce and claims includes management of treaty set-up and compliance uncovering trends and analytics which empower stakeholders and drive the business forward. Enabling your ability and autonomy to push transformation initiatives forward, responsibilities include a data engineering and reporting team.
At its core, this role is about building a culture of curiosity, ownership, and continuous improvement someone who asks “why,” challenges the status quo, and consistently looks for better, smarter ways of doing things.
The VP, Reinsurance Operations will:
Your Role:
Operations, Data & Transformation Leadership
Client & Stakeholder Leadership
People Leadership
Your Profile:
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:
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 an existing 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 [email protected] as soon as practical so that suitable accommodations can be arranged.
Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business. Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics. We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals. Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career Munich Re Careers: [email protected] Munich Re Imprint: www.munichre.com/en/service/imprint/index.html Munich Re Legal Notice: https://www.munichre.com/en/service/legal-notice/index.html Munich Re Privacy Policy: https://www.munichre.com/en/service/privacy-statement/index.html By accessing the Munich Re LinkedIn page, you agree to LinkedIn's terms and conditions and its data use policy: www.linkedin.com/legal/privacy-policy © 2000–2018 Münchener Rückversicherungs-Gesellschaft Group Communications
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