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Project Manager at Munich Reinsurance America

Project Manager

Munich Reinsurance America Brooklyn, NY Full-Time
Job Description

We're adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company
As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity
Future focused and always one step ahead

We are looking for a Project Manager Sr in our IT Service Delivery team that delivers, operates, and maintains the IT infrastructure and services that underpins the Munich Re global organization.

The Service Delivery Transformation and Supporting services team is a global team operating as a change center of excellence for project delivery. They deliver all change and transformation project activity for SD; the remit of service delivery extends from the underpinning IT network all the way to the end user desktops. They are responsible for delivery of the business benefits and outcomes, and accountable for the project budget, project roadmap, project resources and timely delivery of the project scope.

Your Job
  • Run and manage multiple complex projects with a budget of approximately $1m - $3m and take responsibility for their delivery using formal project management techniques as appropriate
  • Ensure the projects are delivered on time, meet the business & technical requirements and delivered within the agreed budget. Projects will be internally resourced but may require third parties to be managed as part of the overall delivery
  • Produce a Charter for each project based upon the agreed scope, define the budget, identify the resources, create the schedule, outline the approach and suggest the sequencing of work required to execute the project effectively
  • Drive the delivery of their projects with predictable consistency, efficiency and success, ensuring overall compliance with IT-internal requirements and smooth transition of the resulting solution into production
  • Managing vendor relationships and the effective utilization of resources on each project, minimizing use of external onshore and offshore resources, and ensuring the timely onboarding and offboarding of those resources when tasks are completed
  • Establish and maintain effective working relationships with all stakeholders and act as the key point of contact for the project
  • Identify issues/risks, analyze options and manage impacts to mitigate project delays and take appropriate action to keep the project on track, leveraging support from key stakeholders and/or management as required
  • Manage, monitor and report progress against milestones and budgets, ensuring consistent and transparent communications are provided to Management and Executive Leadership
  • Ensure all project costs (actuals) are actively tracked and managed, including SOWs/Purchase Orders, contracts, internal resource assignments, and ensure accurate forecasts and accruals are maintained in SAP and Planview
  • Coordinate the completion of all documentation, project plans, change requests, approvals, lifecycle steps and compliance gate requests in a timely manner to ensure the project continues to align with the agreed schedule
Any additional duties and responsibilities that may reasonably be expected to be undertaken in accordance with the role

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.


Successful candidates will possess the following skills/capabilities:

  • Educated to Bachelor's degree level, preferably in IT or similar field
  • 7 + years of experience in successfully managing the delivering of IT infrastructure, workplace or application projects within a technically complex and dynamic environment, ideally in a global Finance/Insurance or regulated industry
  • Able to demonstrate strong management skills including project management, financial management, change management and facilitation
  • Ability to lead and direct the project under a unified project lens without compromising business outcomes and priority constraints
  • Ability to work in complex organization structures and tenaciously forge a path for delivery resulting in delivery
  • Excellent communication skills, strong experience in managing the diverging interests of various stakeholders
  • Proven ability to create meaningful reports and summarize project health status for stakeholder presentations
  • Proven ability to manage and track project costs and budgets to agreed baselines
  • Ability to drive a mixture of functional and geographic workstreams and co-ordinate step change delivery to the business in a unified way
  • Consulting and collaborative working style creating a culture of accountability and sharing
  • A self-motivated individual able to work with varying organizational and geographic styles to the end goal of unifying and standardizing the delivery culture and capability
  • Fluent spoken and written English
  • Willingness to travel internationally
The Company is open to considering candidates in numerous locations, including NYC. The salary range posted below applies to the Company's NYC location.

The base salary range anticipated for this position is $104,600-153,300, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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