Title:  Claims Manager Cyber (m/f/d)*

The Cyber Claims team is responsible for the worldwide management of Cyber Claims across Munich Re’s Reinsurance and Large Single Risk business. We are an international and multi-disciplinary team of Claims Managers, IT Security Specialists and Claims Consultants, based in Munich and London.

As Claims Manager, your responsibilities will include managing complex claims, engaging with clients and brokers, driving business initiatives in close collaboration with Underwriting and Client management.

Your Job

• Manage Cyber claims (incl. Tech E&O and Media Liability), arising out of primary insurance and reinsurance agreements (direct, fac, TTY), verifying coverage and authorizing payments within authority limits
• Investigate and realize loss mitigation potentials with the help of internal and external experts
• Engage with cedents and brokers regarding coverage and indemnification
• Foster learning & collaboration within Claims, Underwriting and externally via delivering webinars, conferences and other exchange formats
• Conduct cedent claims reviews and internal claims reviews
• Close collaboration with internal partners (in particular Underwriting, Client Management and Accounting)
• Embrace the use of technology and relevant IT tools to increase effectiveness of your own work and that of the team

Your Profile

• Relevant Claims or Underwriting experience in Reinsurance or Primary Insurance (preferably Cyber, Tech, D&O, Professional Liability, or Property Lines)
• Strong communication skills in English and German required due to assigned markets
• Legal background a plus
• Affinity for legal and technical aspects of cyber insurance claims
• Strong client focus and pragmatic problem solver
• Confidence and ability to interact with senior representatives of clients and partners
• Cross-cultural awareness and collaborative working style
• Willingness to travel

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re 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. 

Münchener Rückversicherungs-Gesellschaft
Lisa Schneider

HR Consultant