GSI Sr Transformation Manager - Finance & Tech

Münchener Rückversicherungs-Gesellschaft; Toronto; Hybrid; CAD 120,000 - 160,000; Full time

Job summary

A leading global reinsurance company located in Toronto is seeking a Manager for Finance and Technology, responsible for driving significant transformation initiatives across its Global Specialty Insurance organization. The role involves leading complex programs, influencing C-suite stakeholders, and overseeing a substantial IT budget. Ideal candidates should possess 10–15 years of experience in financial services or consulting, with expertise in digital transformation and operational excellence. Competitive compensation and a hybrid work environment are offered.

Benefits

Market leading health and dental benefits

Hybrid work environment

Employee Referral Program

Qualifications

• 10–15+ years of experience in financial services, insurance/reinsurance, or consulting.
• Experience leading large-scale transformation programs.
• Expertise in Waterfall and Agile methodologies.

Responsibilities

• Shape and execute enterprise-wide transformation across the organization.
• Oversee major transformation programs across various domains.
• Drive financial transformation, optimizing processes and systems.

Skills

Transformation leadership

Stakeholder influencing

Digital transformation

Process optimization

Education

MBA or advanced degree

Job description

Position Overview

The Finance and Technology is a senior role responsible for shaping, leading, and executing enterprise-wide transformation across Munich Re’s Global Specialty Insurance (GSI) organization. As a strategic partner to the Chief Transformation Officer, this role drives multi-year, high-value initiatives that modernize the business, optimize performance, and enhance GSI’s competitive advantage across the global specialty P&C market. The Manager will oversee major transformation programs—spanning finance, underwriting, claims, operations, and technology—while influencing executive leadership and ensuring alignment with board-level strategic priorities.

Your Role:

Strategic Framework Development

• Partner with the Chief Transformation Officer to design and evolve the multi-year GSI transformation roadmap, ensuring integration with enterprise strategy and board expectations.
• Translate strategic priorities into actionable programs, governance structures, and measurable outcomes across specialty lines and global markets.
• Lead execution of complex, multi-workstream transformation programs from concept through delivery and benefits realization. Oversee program governance frameworks, milestone tracking, dependency management, risk mitigation, and stakeholder communication. Ensure sustainable adoption of new systems, processes, and operating models across GSI.
• Lead the delivery of a GSI-wide Finance Transformation Program, encompassing process modernization, system enhancements, reporting optimization, and improved financial controls, including simplification and standardization of core finance processes (e.g., ledger design, close, planning, forecasting, technical accounting) to deliver a streamlined operating model supported by modern data and reporting capabilities.
• Drive the cross-functional alignment strategy between Underwriting and Claims across GSI’s entities, aligning workflows, governance, technology and performance standards across the value chain. Work closely with Chief Underwriters and Claims leaders to enhance straight through processing and automation with latest technology in turn assisting with efficient risk selection and claims processing.
• Assist with the GSI IT project budgeting and prioritization process, overseeing the allocation of $100M+ across business transformation initiatives, technology modernization, digital programs, and foundational infrastructure. Lead portfolio governance, ensuring investment decisions work with strategic priorities (business and technology) and towards ROI. Partner with CIO, CFO, and business executives to balance transformation initiatives, run‑the‑business needs, and regulatory demands.
• Collaborate closely with the BPI team to drive end-to-end design discussions across various business units, and to apply DMAIC methodologies in the transformation initiatives to quantify success metrics and validate improvements consistently across GSI

Your Profile:

• 10–15+ years of experience in financial services, insurance/reinsurance, or consulting, with a strong focus on transformation.
• Proven leadership delivering large-scale transformation programs, IT portfolio governance, or operational excellence and modernization in the Insurance industry.
• Prior experience influencing C-suite stakeholders and operating within complex global organizations.
• Expertise in digital transformation, process optimization, and operating model redesign.
• Preferred: MBA or advanced degree; Lean/Six Sigma; Waterfall and Agile Transformation experience

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 with Meeting‑Free lunch hours and Focus Friday afternoons
• 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 5% 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

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 [e-mail] as soon as practical so that suitable accommodations can be arranged.