Job Description

Job Level: 8

Hiring Manager: Andreas Kohlmaier

Data Product Manager 

Data Product Manager

Munich Re Global Specialty Insurance (GSI) brings together leading specialty insurance businesses to deliver expert-driven solutions, backed by Munich Re’s financial strength, global reach, and deep underwriting and claims expertise.

Within Global Specialty Insurance, data-driven decision-making and value creation through AI are key priorities, particularly in support of Underwriting and Claims Excellence.

Against this backdrop, we are looking for a Data Product Manager who will lead the creation and operation of internal data products that support Underwriting and Claims Excellence for our Specialty Insurance teams in the US and London.

The position is part of the central Data & AI team, reporting to the Munich Re Group Chief Data & AI Officer, and will collaborate closely with the Data & AI teams in each Specialty Insurance Business Unit, as well as with the Underwriting and Claims teams and Group Technology.

YOUR JOB

• Shape GSI’s GenAI and data strategy by identifying key focus areas, prioritizing use cases, and defining implementation roadmaps.
• Identify and translate the data requirements of the central Underwriting and Claims teams to support oversight and advance underwriting and claims excellence.
• Design logical and conceptual data models based on a core set of critical data elements.
• Operate effectively in a global environment, collaborating with teams that support different segments of the Specialty Insurance market across the US and Europe.
• Drive adoption of existing GenAI capabilities, data products, and data platforms among relevant stakeholders, ensuring their value is clearly understood and widely realized.

YOUR PROFILE

• At least 3 years of experience in product management, product ownership, or a comparable role in an agile environment.
• Strong understanding of data and AI products, including the ability to assess GenAI use cases and work effectively with data models, platforms, and integrations such as APIs.
• Excellent communication and stakeholder management skills, with the ability to engage technical and non-technical audiences and clearly convey data uses, limitations, and business value.
• Solid understanding of P&C reinsurance or insurance business; knowledge of US specialty insurance is a plus.
• Strong relationship-building skills and the ability to collaborate effectively across business and technical teams.
• Entrepreneurial and customer-focused mindset, with the ability to define strategic goals, translate business requirements into solution concepts, and advance use cases from concept to implementation.

This role is located in the Princeton or New York City office.

The Company is open to considering candidates in numerous locations, including Princeton (NJ) and remote. The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography.

The base salary range anticipated for this position is $106,500- $155,900 , plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). 

The salary estimate is adjusted to reflect the varying market conditions across different locations. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

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).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
• Short and Long Term Disability coverage.
• 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).

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.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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