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Senior Project Manager - Asset Management (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 10267 Company Munich Re Employment type Regular Area of expertise Information Technology
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The Group IT Business Solutions, Asset Management, delivers business value through the management of IT products including execution of change projects, and delivery of agile IT product management, application development and IT operational support. Our Core Stakeholders are MEAG and GIM in Munich, New York and Hong Kong.

The Senior Project Manager reports to the Head of Section (Asset Management) while being strongly embedded into the section's teams and topics.

This position has the responsibility for the execution of a diverse range of highly complex and strategic projects related to MEAG asset management business and others, as demand dictates.

You will also be responsible for delivering the agreed scope on time and budget, working closely with the whole tower, Enterprise Architecture, Service Delivery, Application Teams and external managed service providers and vendors globally, to achieve successful project outcomes.

In addition, you will team up with our tower portfolio managers, project managers and solution architects to ensure identification of overarching risks, dependencies and solutions.

Success in this role will require achieving business and technology results in a fast paced, global and regulated financial services environment.

Your Job

  • When launching new initiatives, ensure that executive sponsorship, governance, scope and objectives are established to identify the resources, create the schedule, outline the approach and define the sequencing of work required to execute the project effectively
  • Drive delivery of projects with predictable consistency, efficiency and success, ensure overall compliance within IT and smooth transition of the resulting solution into production with a continuous focus on achieving business results
  • Identify issues/risks, analyze options and manage impacts to mitigate project delays and take appropriate action to keep projects on track, leverage support from key stakeholders and/or management as required
  • Manage communication and relationships with project stakeholders at various levels of the organization, including executives, to ensure alignment and be proactive to avoid issues
  • Manage, monitor and report project progress and budget updates, ensure consistent and transparent communication is provided to management and executive leadership
  • Manage the project within budget constraints and with profound cost consciousness
  • Ensure all project costs ,are actively tracked and managed, including SOWs/purchase orders, contracts, internal resource assignments, and that accurate financials and resource forecasts and accruals are maintained in SAP and project management tools.
  • Coordinate the completion of all documentation, change requests, approvals, lifecycle steps and compliance gate requests in a timely manner to ensure the project continues to align with the agreed schedule
  • Manage vendor relationships and the effective utilization of resources on each project, minimize use of external onshore and offshore resources, and ensure the timely offboarding of those resources when tasks are completed
  • Mentoring and growth are important - coach, guide and assist junior project managers or team members to help advance the capabilities of the team/area. Be an active member of the project manager community

 Your Profile

  • University degree in IT or business information management or equivalent qualification
  • Extensive experience in delivery of IT solutions for investment or asset management businesses, including but not limited to business activities. You understand the client’s business and what needs to be done on IT side to bring the business forward
  • Several years of experience in delivering major programs/projects and supervising/managing resources in a fast paced, global and regulated business environment
  • Excellent personal organizational skills and ability to coordinate the efforts of others globally in the successful delivery of projects
  • Proven ability to rigorously manage and track project costs and budgets to agreed baselines
  • Recognized for being able to handle ambiguity, effectively multi-task, deal with complexity and manage multiple projects concurrently
  • Necessary gravitas to deal with senior leaders and executives, build and nurture business relationships
  • Good track record of being proactive, a self-starter and having a collaborative working style
  • Ability to work globally across entities and cultures and to ‘get things done’ despite silos or regional differences in process or approach
  • Proven knowledge of key project management tools including Clarity, SAP Financials, Azure DevOps, SharePoint, and MS Office
  • Experience in successfully managing the diverging interests of various stakeholders in a global Finance/Banking/Capital Markets or regulated industry
  • Fluent command of Business English and German

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position 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. 

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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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