IT Product Manager for Business Solutions (m/f/d)*

IT Product Manager for Business Solutions (m/f/d)*

The section IT Re Insurance Property & Casualty (RI P&C) delivers business value through management of IT products including execution of change projects, and delivery of agile IT product management, application development and IT operational support. The product and project portfolio of IT RI P&C covers all underwriting & pricing solutions for all Reinsurance LoB (w/o L/H) globally as well as the solutions for Claims Management.

To complement our team of recognized IT experts, we are looking for an enthusiastic and motivated individual. You will develop and grow our global application landscape together with the business in a highly changing IT landscape. You will deliver our claims management systems and the growing portfolio of supporting systems for underwriting business units.

As an IT Product Manager with strong Business Analysis capabilities, you are responsible for the full lifecycle of an IT Product – covering operations, compliance, cost control, and business alignment. You bridge the gap between IT and reinsurance claims business units, ensuring that business demands are clearly understood, documented, and translated into resilient and cost-efficient IT solutions

This position will be located in Munich.

Your Job

• Product Ownership & Lifecycle Management
  Own the full product lifecycle, including planning and implementing upgrades (functional and technical), ensuring continuous alignment with business strategy and target architecture. Maintain accurate and up-to-date product documentation in all relevant repositories (e.g. LeanIX, SNOW CMDB).
• Operations & Stability
  Ensure a secure and stable run of the application in production.
  Set up and manage run, monitoring, support, and incident processes – including root cause analysis and continuous improvement measures.
  Coordinate with IT towers for testing, patching, disaster recovery, and validation activities.
• Compliance & Security
  Ensure the product meets compliance requirements and security standards. Conduct and update compliance gates regularly.
• Documentation & Governance
  Provide and maintain operational and lifecycle documentation, including SLAs, business-critical timeframes, and support models.
• Business Process & Requirements Analysis
  Analyze and understand business demands across the reinsurance underwriting and claims value chain.
  Translate business problems into structured IT requirements and ensure they are delivered and tested appropriately.
  Identify and propose business process improvements in collaboration with business stakeholders and technical architecture.

Your Profile

• Education
  University degree in Computer Engineering, Information Technology, or a related field.
• Professional Experience
  Several years in IT Product Management and/or Business Analysis, preferably within the finance, insurance, or reinsurance sector.
• Domain Expertise
  In-depth knowledge of reinsurance and claims processes, with a strong track record of managing diverse stakeholders across business and IT.
• Technical Background
  Solid experience in application development and full product lifecycle management – from requirements engineering and design to testing and deployment.
• Business & IT Alignment:
  Proven ability to translate complex business needs into practical, value-driven IT solutions.
• Analytical Skills:
  Skilled in analyzing business requirements, defining system specifications, and engineering effective solutions.
• Communication & Collaboration:
  Excellent communicator across functions and cultures, with a collaborative and consulting approach.
• Personal Attributes:
  High level of accountability, adaptability, and commitment to delivering results in dynamic environments.
• Language Skills:
  Fluent in German and English (spoken and written).
• Methodologies & Compliance:
  Experienced in agile frameworks, with a strong understanding of working within regulated IT environments.

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 equalopportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

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