Vice President, Reinsurance Operations

Standort Toronto, Kanada Art der Arbeit Vollzeit Arbeitsform Hybrid Job level Führungskräfte Job ID 13515 Unternehmen Munich Re, Canada (Life) Anstellungsart Unbefristet Fachbereich Betriebs und Produktmanagement

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Position Overview

This is an exciting opportunity to be at the forefront of transforming how reinsurance operations deliver value at Munich Re. As Vice President, Reinsurance Operations, you will lead a large, multi-disciplinary organization responsible for the end-to-end operational engine across North America Life & Health.

You will play a critical role in shaping the future of the function by connecting operations, data, and technology to drive innovation, improve data quality, and unlock deeper insights for both Munich Re and our clients.

This role goes well beyond traditional operations leadership, with accountability spanning from assuming client data intake and translation through to retrocessionaires. The management of core data including premium, inforce and claims includes management of treaty set-up and compliance uncovering trends and analytics which empower stakeholders and drive the business forward. Enabling your ability and autonomy to push transformation initiatives forward, responsibilities include a data engineering and reporting team.

At its core, this role is about building a culture of curiosity, ownership, and continuous improvement someone who asks “why,” challenges the status quo, and consistently looks for better, smarter ways of doing things.

The VP, Reinsurance Operations will:

Provide leadership, vision, and direction for Reinsurance Operations across North America Life, overseeing a large and diverse team.

Lead an integrated operating model across Production, Claims Operations, Treaty & Retrocession, Data Engineering, Data Integrity, Reporting & Analytics, Strategic Initiatives, and AI.

Act as the connector across business, technology, and data to align execution with insights.

Drive the evolution of operations into a data-driven, insight-led organization while consistently prioritizing with the greatest impact

Your Role:

Operations, Data & Transformation Leadership

Lead end-to-end reinsurance operations ensuring accurate, timely processing across claims, billing, inforce, treaty, and retrocession

Establish Data Integrity as a foundational capability where we “get the data right at source”

Drive proactive data quality frameworks including validation, reconciliation, and monitoring

Lead data enrichment initiatives combining business, actuarial, and technical capabilities

Oversee integration of third-party data to enhance analytics, reporting, and decision-making

Lead Reporting & Analytics, including Power BI and Databricks, delivering actionable insights to leadership and clients

Drive value-added analytics (experience studies, premium comparisons, treaty compliance, claims insights)

Lead Data Engineering and Data Warehouse capabilities ensuring scalable data pipelines

Champion AI integration and automation across operations and data workflows

Lead Project Management and transformation initiatives including system enhancements and new deal onboarding

Foster a culture of continuous improvement and innovation across all teams

Client & Stakeholder Leadership

Build strong relationships with internal stakeholders and clients

Partner across actuarial, underwriting, finance, claims, and IT to align priorities

Act as a senior escalation point for complex operational and client challenges

People Leadership

Lead and develop a large, high-performing, multi-functional team

Create an environment that encourages curiosity, ownership, and innovation

Set clear objectives and provide meaningful development opportunities

Build a culture of accountability, collaboration, and pride in delivering high-quality work

Your Profile:

Actuarial, University, LOMA or other insurance designations

10+ years of experience in reinsurance operations or related fields

Proven experience leading large, complex, multi-disciplinary teams

Strong expertise across claims, treaty, retrocession, and operations

Experience with data engineering, data warehousing, and Power BI

Demonstrated ability to lead transformation initiatives including AI and automation

Strong curiosity and drive to continuously improve processes and outcomes

Excellent communication and stakeholder management skills

Strong client orientation focused on delivering value

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

An engaging and collaborative environment that promotes continuous learning and development

A hybrid work environment that combines weekly in-office and remote days

A great compensation package including annual company bonus

Market leading company-paid flexible health and dental benefits, starting on your first day

Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account

Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match

Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days

Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees

Maternity, Parental & Adoption Leave top-up program

Employee Referral Program, Recognition & Rewards Platform

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.

Ihre Benefits

Bei uns gibt es mehr als nur einen spannenden Job. Profitieren Sie von Benefits, die Ihr Wohlbefinden und Ihre Entwicklung fördern.Bitte beachten Sie, dass regionale Unterschiede auftreten können.

Wettbewerbsgerechtes Gehalt

Wir bieten Ihnen eine faire und wettbewerbsgerechte Vergütung, die Ihre Leistung und Ihmur Engagement widerspiegelt.

Betriebliche Sonderzahlungen

Unsere variable Vergütung ermöglicht es Ihnen, am Erfolg von Munich Re teilzuhaben.

Sonderleistungen

Wir honorieren herausragende individuelle Leistungen mit gezielten Sonderleistungen.

Altersvorsorge & finanzielle Sicherheit

Wir unterstützen Ihr langfristiges finanzielles Wohlergehen durch eine betriebliche Altersvorsorge oder andere lokal relevante Altersvorsorgelösungen.

Verantwortungsbewusster Arbeitgeber

Wir fördern ein respektvolles, verantwortungsvolles und inklusives Arbeitsumfeld.

Learning & Development

Wir bieten maßgeschneiderte Weiterbildungsmöglichkeiten mit Fokus auf Kernkompetenzen und geschäftsrelevantem Wissen.

Unterstützung für Familien & Work-Life-Blance

Wir fördern die Vereinbarkeit von Familie, Freizeit und Beruf.

Health & Wellbeing

Wir fördern Ihre physische und psychische Gesundheit weit über gesetzliche Vorgaben hinaus.