Financial Manager

Munich Reinsurance America, Inc; Princeton (NJ); On-site; USD 175,800 - 296,100; Full time

Benefits offered by this job

Health insurance

401(k) match

Paid time off

Annual bonus

Wellness programs

Job summary

Munich Reinsurance America, Inc. in Princeton, NJ is seeking a Finance Manager to lead MRUS's financial and management reporting functions and staff.

You will guide analytics, renewal monitoring, and planning while driving cross‑functional projects and dashboards to support senior management. The role requires 10+ years in insurance/reinsurance with strong leadership and communication skills; familiarity with actuarial, financial, and underwriting disciplines is essential.

Qualifications

• 10+ years of insurance/reinsurance experience across actuarial, financial, and underwriting disciplines.
• Strong technical, analytical, and business skills; ability to translate qualitative information into quantitative analysis.
• Proven organizational and project management skills with anticipatory thinking.
• Excellent oral and written communication; ability to explain technical topics to non-technical audiences.
• Proficient in MS Office Suite including Excel, Word and PowerPoint.

Responsibilities

• Oversee MRUS’s financial and management reporting function and staff; manage data quality metrics.
• Act as liaison between MRUS and Corporate Reserving; monitor pricing/reserving gaps and support analyses.
• Lead portfolio steering and optimization; produce analytics and data visualizations for decision making.
• Lead cross‑functional projects; present findings and drive implementation with stakeholders.

Skills

Insurance knowledge

Analytical skills

Leadership

Communication

Education

Bachelor's degree or equivalent

Tools

Excel

Word

PowerPoint

Job description

Finance Manager

We’re 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. We will consider a range of experience for this role and the offer will be commensurate with that.

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world’s preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Future focused and always one step ahead.

This position will provide direction and guidance to the Munich Re US(MRUS) Results & UW Support team regarding internal data, results monitoring, renewal monitoring, financial analysis, and planning. In addition, this position will participate on projects to enhance processes, information, and communication within the unit and across the organization.

Responsibilities

• Oversee MRUS’s financial and management reporting function and staff. Manage and control all divisional reporting requirements and data quality control metrics including plan, quarterly renewal monitoring, risk transfer testing, financial analyses and results monitoring. Steer the development of analytical tools including the development and adoption of dashboards.
• Act as a liaison between MRUS and Corporate Reserving. Monitor the pricing/reserving gap, identify deviations, facilitate discussions between seasoned members of each department and support additional analyses as required.
• Lead the portfolio steering / optimization process, coordinating information from across the organization including Corporate Reserving, Corporate Pricing, Claims, MRUS Market Intelligence and MRUS Senior Management into actionable steps to maximize portfolio profitability. Produce analytics and data visualizations to generate evidence and business insights to enable optimal decision making and communication to stakeholders.
• Lead special projects that serve to enhance processes and cross‑functional communication within the business unit and across the organization. Present project findings to a diverse set of stakeholders, lead implementation, and execution of identified action steps.

Qualifications

• 10+ years of insurance/reinsurance experience with significant exposure to the actuarial, financial, and underwriting disciplines.
• Demonstrated strong technical, analytical, and business skills. Ability to incorporate qualitative information/analyses into quantitative analysis.
• Demonstrated organizational skills, project management skills, and anticipatory thinking.
• Demonstrated ability to lead and influence.
• Independent thinker and self‑starter with demonstrated self‑motivation, creativity, and a strong focus on solutions and results.
• Excellent oral and written communication skills with ability to explain technical topics to a non‑technical audience.
• Strong computer skills including proficiency in MS Office Suite including Excel, Word, PowerPoint.
• Bachelor's degree or equivalent work experience required.

Benefits

The Company is open to considering candidates in numerous locations, including Princeton (NJ). The salary range posted below applies to the Company’s Princeton location. The base salary range anticipated for this position is $175,800 – $296,100 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, 401(k) match, retirement savings plan, paid holidays and paid time off (PTO).

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 401(k) 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.