Munich Re

Portfolio Director

Munich Re • $125K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years project leadership experience in data and analytics
  • Proven expertise in managing project portfolios
  • Strong leadership skills in IT or analytics domains
  • Solid knowledge of data modeling and infrastructure
  • Masters or equivalent information technology experience preferred

Responsibilities

  • Lead the Enterprise Data and Analytics team strategy and governance
  • Collaborate with stakeholders to enhance data-driven roadmaps
  • Educate teams on data, AI literacy, and governance policies
  • Manage project execution while monitoring timelines and costs
  • Develop and oversee comprehensive change management plans

Benefits

  • Health insurance options (PPO or High Deductible)
  • Competitive 401k plan with up to 5% employer match
  • 24 days of paid time off annually with gradual increases
  • Access to hybrid work environment options
  • Tuition assistance and bonuses for educational achievements
Full Job Description
Purpose:

Leads business unit responsible for enterprise data and analytics strategy, governance, enablement, best practice education, and (Data & Analytics) portfolio implementation. Develops and implements long range data and analytic strategy in alignment with corporate strategy, goals, and tactics enabling data driven decision making and insight generation.

Roles & Responsibilities:

Collaboration & Leadership:
  • Closely collaborate with partners and stakeholders to mature our data driven road map and associated data-driven investments and governance processes or policies.
  • Educate and support stakeholders in data and AI literacy and drive efforts to collect, manage, and use both internal and external data to drive efficiencies and better decision-making.
  • Creates strategic direction for Enterprise Data and Analytics Team.
  • Monitor the industry trends and tool advancements in the market.
  • Actively takes steps to recruit and retain a more diverse team and along with promoting inclusion.
  • Demonstrated leadership in developing, empowering, attracting, and retaining talent.
  • Ensures that each associate has an objective to build expertise and capabilities appropriate for their role, including any specific training requirements to maintain professional designations.
  • Direct and manage a team of professional data engineers and analytics consultants to design, develop, and implement future or existing data analytic solutions or prototypes in partnership with our partners such as IT.
  • Participate in forecasting, budget, and staff based on volumes and growth projections to meet department service goals and company financial goals.
  • Analyze and develop new policies, procedures, and workflows to continuously improve efficiencies, working environments, and system support services.
  • Holds regular one-on-one meetings with direct reports to have dialogue that includes coaching and development.
  • Research, develop, and implement system improvements that exceed industry leaders to ensure our competitive edge in the marketplace.


Project & Portfolio Management:
  • Deliver solutions that meet business requirements while managing cost, timeliness, and quality.
  • Manage projects as requested, utilizing a standard project management methodology.
  • Develop and deliver training and coaching on Data, Analytics technology and AI capabilities as directed.
  • Development, prioritize, and monitoring defects and enhancements as well as continuing operational support.
  • Create actionable deliverables for the core change management plans: Sponsor Plan, People Manager Plan, Communications Plan, and Training Plan for new initiatives and projects.
  • Lead communication of program results and adoption metrics to measure and communicate key information of our data driven road map and associated data-driven investments and governance processes or policies.
  • Develop project deliverables such as charters, business cases, project schedules, etc.
  • Effectively present information in group settings.
  • Manages the relationship with the project sponsors and all stakeholders.
  • Takes responsibility for the definition, approach, facilitation, and satisfactory completion of projects and reports to management.
  • Safeguards that realistic project plans are maintained. Identifies, assesses, and manages issues and risks.
  • Manages the change control procedure and ensures that project deliverables are completed within agreed cost, timescale, and resource budgets.
  • Monitors, analyses, assesses deviation from project plan, and ensures the achievement of project milestones.
  • Provides guidance to the project team and takes appropriate action where team performance deviates from agreed tolerances.
  • Portfolio Director - Supervises other project leads, off-shore or consulting requirement resource analysis as applicable. Manages departmental project portfolio and communication and training implementation.


Required Technical Skills:
  • Strong leadership skills within the Information Technology and/or AMIG business community.
  • Strong change management, training and coaching skills for technical capabilities.
  • Strong knowledge in conceptual, logical, and/or physical data modeling including technical infrastructure.
  • Extensive and strong communication and influencing skills to drive change and alignment.
  • Proficient in managing projects of all sizes.
  • Extensive Experience in managing project portfolios (Portfolio Director).
  • Strong problem solving, diagnostic, and analytical skills.
  • Strong knowledge using Cognos and/or TM1 Suite of tools.
  • Proficient in the use of Microsoft Office Suite of tools including MS Project.
  • Knowledge of data gathering using Structured Query Language (SQL).
  • Understanding of BI and related technical platforms.
  • Advanced knowledge of Data Warehouse/Business Intelligence and Analytics project lifecycle (SDLC), tools, technologies, testing, and best practices.
  • Understanding of data Modeling, Information Technology Architecture, and development best practices.
  • Broad understanding of statistical reporting demands, requirements, and compliance implications.
  • Extensive knowledge of insurance data, terminology, and common insurance, financial, and business metrics.


Skills / Knowledge / Experience:

Typically 10 or more years of project leadership, experience managing a portfolio of projects with significant budget/complexity. Ability to coach and manage resources in the project management and requirements analyst disciplines. Experience with training implementation and oversight.

Education, Certifications & Designations:

Required:
  • Bachelor of Arts or Science degree or equivalent work experience.
  • PMP or equivalent work experience.

Preferred:
  • PMP
  • Agile Certification
  • CIC, CPCU, or ARM


We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
  • Two options for your health insurance plan (PPO or High Deductible)
  • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
  • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
  • Prescription drug coverage (included in your health insurance plan)
  • Short and Long Term Disability coverage
  • Vision and dental insurance plans


In addition to the above insurance offerings, our employees also enjoy:
  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
  • Eligibility to receive a yearly bonus as a Munich Re employee
  • A variety of health and wellness programs provided at no cost
  • A hybrid environment that gives you a choice in where and how you get work done
  • A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
  • An on-site complimentary workout facility as well as walking trails on campus grounds
  • On-site wellness center complete with nurse practitioner
  • Financial assistance for adoptions and infertility treatment
  • Paid time off for eligible family care needs
  • Tuition assistance and educational achievement bonuses
  • Free parking
  • A corporate matching gifts program that further enhances your charitable donation
  • Paid time off to volunteer in your community


For the hybrid schedule: Please submit a cover letter with additional information if you're not currently local but intend to relocate for the hybrid schedule.

Applicants requiring employer sponsorship of a visa will not be considered for this position.

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About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

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