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Compliance Officer, Data Protection Expert and Legal Counsel - Munich Re Italy (m/f/d*)

Location Milan, Italy Job type Full-Time Work mode Hybrid Job level Professional Job ID 14488 Company Munich Re Employment type Regular Area of expertise Audit, Compliance & Legal
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Are you ready to help shape a strong culture of integrity while navigating an evolving Italian and European regulatory landscape? 

At Munich Re, our global compliance community shapes and promotes integrity across the Group. Global Compliance defines Munich Re’s Group-wide Compliance Management System (CMS) and connects local Compliance Functions through a functional reporting line while preserving their local accountabilities. 

We are looking for an experienced compliance professional in Milan, who will be employed by Munich Re Italy to hold the local Compliance Function for the Italian branches of Munich Reinsurance Company and Great Lakes Insurance SE. The role works closely with local management and the relevant regional and Group functions. Compliance is the role’s primary mandate. The role also serves as local Data Protection Expert and provides legal support on selected corporate, regulatory and commercial matters. 

Your Job 

  • Leading and continuously enhancing the implementation and effective operation of the Group Compliance Management System for the relevant Italian operations. 
  • Managing or coordinating whistleblowing reports, Compliance cases and investigations and ensuring transparent reporting and escalation of material Compliance matters. 
  • Acting as an independent advisor and trusted partner to local management and business functions, providing guidance and constructive challenge. 
  • Actively supporting regional and Group-wide Compliance initiatives, driving alignment, collaboration and continuous enhancement of the Compliance framework. 
  • Acting as local Data Protection Expert and advising on relevant data protection matters. 
  • Coordinating with the Group Data Protection function and supporting local implementation of Group requirements and remediation measures. 
  • Advising on selected corporate, regulatory and commercial legal matters affecting the Italian operations. 
  • Drafting, reviewing and negotiating selected agreements and coordinating with Group Legal, Procurement and external counsel as required. 

Your Profile 

  • University degree in law; admission to practice law in Italy or an equivalent qualification is preferred. 
  • At least five years of relevant Compliance and/or Legal experience, preferably in insurance, reinsurance or financial services. 
  • Sound knowledge of compliance management systems and the Italian and European regulatory environment. 
  • Experience in compliance advisory, monitoring, regulatory change, investigations or whistleblowing; knowledge of data protection and contract law is an advantage. 
  • Full professional proficiency in Italian and English. 
  • Strong judgement, integrity and communication skills, with the confidence to challenge and escalate where necessary. 
  • Independent, pragmatic and collaborative working style across local, regional and global teams and stakeholders; strong consulting skills, combined with a proactive, hands-on and solutions-oriented approach. 
  • Ability to operate with credibility in a matrix, multi-entity environment. 

Compensation 

RAL (Retribuzione Annua Lorda): EUR 50,000 - EUR 70,000 gross per year. The final starting salary within this range will be determined using objective, gender-neutral criteria, including the candidate’s relevant experience and qualifications. 

About us 

With over 50 years of experience in the Italian market, Munich Re is one of the leading reinsurance companies operating in Italy. At Munich Re Italy, we are working to provide the best insurance solutions and pursue new insurance-related opportunities for our clients. 

  • You will work in an environment where we think big: Change and culture are continuously role-modelled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning. 
  • You are going to experience that we care & dare: We are empathetic. We know when to lead and when to let others lead. We attract, grow and coach future leaders. 
  • We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn. 
  • You will grow with your clients: Whatever our role, we support business in an efficient and effective way to create value for our clients. We embrace new ways of working, leveraging digitalisation to deliver solutions. 
  • Join us and experience that we lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment. 

Join us 

Be part of a global leader where your expertise, ideas and ambition will have a real impact. 

*This job advertisement is addressed to all female and male candidates who meet the requirements, without any discrimination based on sex, gender, sexual orientation, nationality or ethnic origin, religious belief, disability and/or any other personal or social condition. 

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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.

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