Portfolio Manager (m/f/d)*

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This role will be part of the Operations Projects Tower for Group Technology, responsible for delivering complex strategic change initiatives across operational domains including Infrastructure, Networks, Cloud, End User Compute, Service Management, and M&A onboarding projects. The Tower oversees multiple project portfolios, each led by senior change and people leaders, and ensures end-to-end project delivery, financial oversight, and alignment with business strategy. Key responsibilities include managing project budgets, prioritization, planning, and partnering with senior business leaders to achieve successful outcomes

Munich Re is a global market leader in re-insurance, global specialty insurance and digital solutions . New technologies are disrupting the insurance value chain. Our innovative minds in IT spearhead the transformation and make change happen. We support clients with a comprehensive range of insurance and risk management products. Our goal is to become even more digital through the expertise of our IT & Tech specialists, and by leveraging data and insights to support innovation and client service. We are therefore making targeted IT investments and helping our insurance clients and partners to tackle problems in the modern digital world with innovative and forward-looking solutions.

The Portfolio Manager will be responsible for overseeing the portfolio management of IT Infrastructure and Operations Projects including Data Centre, Cloud, Networks, Workplace, Support, Service Management, Integrations, and Facilities—that form the backbone of Munich Re’s global operations. The role will ensure the effective execution of all transformation initiatives within Operations Projects, from foundational IT infrastructure to end-user technology, while being accountable for delivering business value, managing project budgets, aligning roadmaps, and ensuring timely, quality outcome.

Your Job

• Manage and co-ordinate the production of financial insights across Munich Re, ERGO and ERGO International with the use of Excel and PowerBI that drive to the Operations Projects Tower reporting and associated governance meetings by creating, collating, analysing, evaluating, and turning key data into useful information for Senior stakeholders
• Act as the key financial interface with Reinsurance Controlling, financial controlling and the Infrastructure & Operations RUN/MTB partner
• Manage the inputs, collation and outputs of the month end financial reconciliation processes
• Provide financial trend analysis to determine key metric changes, gaps and financial movements
• Working knowledge of SAP CO (Controlling module)
• Maintain processes, standards, and guidelines around Operations Projects financial process to ensure the governance framework is being correctly applied by projects
• Support the timely completion of portfolio reporting and meeting cadence, to enable effective decisions/actions to be taken by Senior Management
• Maintain the Operations Projects headcount, oversight reports and process using excel and PowerBI
• Onboarding new positions, backfill requirements and offboarding Munich based resources
• Request POs in Coupa for German based contracts and manage invoice payments to suppliers
• Provide coaching and guidance to project managers and act as a subject matter expert for PMO financial management best-practice, portfolio methods, processes, tools, templates, and standards
• Support the timely completion of all PMO activities across the Operations Projects portfolios, using formal project management and governance techniques as appropriate
• Support the OP Project Managers by communicating and co-ordinating the Quarterly and Year End accrual process for all regions

Your Profile

• Bachelor’s degree (or equivalent) in Computer Science / Mathematics / Information Systems
• Previous experience in PMO or Financial Controlling, ideally within diverse and cross-functional teams
• Background in Business Analysis and Project Management, with a strong interest in contributing to inclusive and transparent portfolio governance
• Collaborative and consultative working style, fostering a culture of shared accountability, openness, and mutual respect
• Self-motivated and proactive approach to work, with a strong sense of ownership and inclusion
• Proven ability to analyze portfolio financial data and collaborate effectively with diverse project teams
• Skilled in interpreting financial data to generate accessible and actionable management insights
• Proficient in MS Office tools (including Power BI) and SAP CO, with a commitment to knowledge sharing and skills development
• Strong analytical, facilitation, and presentation skills, paired with the ability to communicate effectively across disciplines, cultures, and levels of seniority
• Excellent interpersonal skills with a proven ability to build trust and collaborate across varied stakeholder groups
• Fluent in spoken and written English; proficiency in German is an asset and supports inclusive engagement across teams

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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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