Title:  Senior Client Manager - New Credit Business Development & Structuring (m/f/d)*

Our division has the global responsibility for direct credit risk within Munich RE Group being the “One-Stop Shop” solution provider and first port of call for all top-notch Financial Institutions in their core activities (markets, products, asset classes) for their capacity and capital management needs. Our solutions cover single risk and plain-vanilla portfolio solutions in our Global Credit Solutions team as well as highly structured portfolio solutions in our Structured Portfolio Solutions team.
The active development and implementation of innovative or new risk transfer solutions often is driven by regulatory developments, new clients or the expansion of our existing solutions to new products, markets, or regions.  This expansion is key for our future profitable growth. Therefore, we are building up a group of dedicated senior experts/specialists for Structuring, Legal, Model-ling & Project Management, following up on suitable opportunities, and developing scalable solu-tions for the respective business owners. This will also include a pilot phase with several suc-cessful transactions.
The advertised position is for a Senior Client Manager focused on driving initiatives from a busi-ness perspective and with significant credit solutions structuring know-how.

Your tasks:

• Prioritizing and steering the business development portfolio in close alignment with the re-sponsible business units and the department head in all relevant business segments;
• Driving business projects to develop "new for MR" or innovative solu-tions/products/coverage concepts, until “proof-of-concept” during a pilot phase;
• Deep understanding of credit markets & products, to be able to quickly judge potential opportunities on their attractiveness (scalability, profitability, etc.);
• Structuring solutions in close interaction with potential or existing clients and/or internal/ external stakeholders under risk-return, regulatory, accounting and tax considerations;
• Coordination of the necessary internal approval procedures (e.g., New Product Process, submissions to the board, risk or other relevant committees/ decision makers);
• Current areas for business development or exploration include:
  • Expansion to further markets by licence expansion and/ or fronting agreements;
  • Expansion to new products (e.g., develop solutions for Asset-Based Finance, etc.);
  • Exploration and development of syndication/ co-capacity structures;
  • Development of solutions for non-bank FI clients;

Your assets:

• Degree in Business Administration, Economy, Mathematics or Natural Sciences;
• Many years of professional or consulting experience in credit business (banking, credit fund, structured funded or unfunded insurance solutions);
• Deep understanding of all relevant financing and credit markets via concrete business experience and relevant education (e.g., CFA);
• Good understanding of Banking regulation;
• Highly independent, solution-oriented/ deal-driven working style with strong intrinsic moti-vation;
• Sound project management & project portfolio steering skills, analytical strengths as well as client centric thinking;
• Excellent social, presentation, negotiation, and moderation skills;
• Experience in leading people also without authority (e.g., in agile project teams);
• Fluent English; command of German desirable.

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 de-grees. If applicable, please also submit reference letters from any previous employers or certifi-cates 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 loca-tions, 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 re-quirements. 
• 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
Yamina Djurisic • HR Consultant