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Business Architect Sr

Munich Reinsurance America, Inc

New York (NY)

On-site

USD 154,000 - 227,000

Full time

9 days ago

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Job summary

An established industry player is seeking a Business Architect Sr to shape and influence the strategic vision for their operations. This pivotal role involves developing comprehensive blueprints and collaborating with diverse teams to ensure alignment with business objectives. The ideal candidate will possess extensive experience in the insurance market and a strategic mindset, capable of navigating complex challenges. Join a forward-thinking company that values diversity and innovation, and play a key role in driving transformative solutions that enhance client outcomes and operational efficiency.

Benefits

Health Insurance
Employee Wellness Program
Life and Disability Insurance
401k Match
Paid Holidays
Paid Time Off (PTO)

Qualifications

  • 7+ years of experience in the insurance market, preferably in specialty lines.
  • Ability to switch between strategic big picture and detail-oriented tasks.

Responsibilities

  • Implement and enhance business architecture strategies to meet financial objectives.
  • Collaborate with stakeholders to build blueprints that support strategic objectives.

Skills

Strategic Thinking
Business Modelling
Collaboration Skills
Complex Problem Solving

Education

Bachelor's Degree
Master's Degree

Tools

Business Architecture Frameworks
Modeling Tools

Job description


Business Architect Sr




Company



Munich Re Specialty - North America




Location



New York
, United States



We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.

Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on Munich Re Specialty - North America, including licensing, regulatory-required, and other information on the operating companies, visit Munich Re Specialty - North America Disclosures

The Opportunity

Future focused and always one step ahead!

The Business Architect Sr will play a pivotal role in developing and influencing a strategic MRSNA wide view of our end to end value chain/Target Operating Models and the associated capabilities. This will include current business views and what is needed to meet strategic objectives. Working closely with colleagues across the business, counterparts in IT and across GSI to understand business drivers, language and levers to determine the activities and capabilities required to meet objectives.

Responsibilities:

  • Implement and enhance the business architecture strategy which will support and enable our financial objectives, to achieve Ambition 2030 vision and which will influence the technology architecture landscape.

  • Analyze the business and strategic objectives to develop a set of scenarios and blueprints for the organization to understand impact. Work with Executive and Senior stakeholders to ensure the target operating models support the strategic objectives.

  • Collaborate colleagues across the business to build blueprints to provide various views to the business.

  • Maintain a holistic overview of the business and how we operate in order to identify opportunities to constantly evolve and embed best practices.

  • Work with the Portfolio, Project and Transformation teams to scope and shape significant deliverables, ensuring the team is applying strategic principles and enterprise thinking when delivering change

  • Engage with Senior Stakeholders to identify outcomes, targets and measures used to develop and analyze architecture templates to ensure usability for transformation initiatives.

  • Provide insights to influence target state thinking

  • Embed the Business Architecture framework which will drive and apply appropriate governance, design principles and business standardizations

  • Help Drive forward Outcome and Value based thinking for the business to deliver the best outcomes for clients / policyholders

  • Responsible for the alignment of business capabilities and company strategy, influencing the target operating model to support growth, profitability and client centricity.

Qualifications

  • Experience working at Senior levels, influencing Target Operating Model design

  • Strategic thinker, who always has the long term picture as a foundation from which design decisions are based.

  • Ability to comfortably switch between strategic big picture and detail

  • Achieve and share clarity where others see complexity

  • Proficiency in modelling business capabilities, values streams using various tools and techniques

  • Extensive (7+ years) knowledge and experience within the insurance market (preferably specialty lines), navigating complex matrix structured regulated entities

  • Ability to effectively collaborate across different teams, skillsets and competing agendas

The Company is open to considering candidates in numerous locations, including Philadelphia, PA; Princeton, NJ; and New York City, NY. The salary range posted below applies to the Company's NYC location.

The base salary range anticipated for this position is $154,100 - $226,100 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 displayed represents the typical salary range for candidates hired in this position in NYC. 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.

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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