Business Development Manager

Company



Munich Re Life US



Location



New York
, United States

Position Overview

Munich Re Markets' business structures, markets, and administers bespoke reinsurance solutions for Munich Re's life insurance clients with a focus on clients' products in the savings, retirement and investment space.

These transactions typically involve combinations of capital markets and insurance risks thereby either delivering a capital/risk management impact relevant to an insurers corporate finance management and/or allow the insurers to offer attractive long-term saving and retirement products.

MunichRe Markets is seeking a highly organized, detail-obsessed, and strategic professional to drive business development and client engagement. You will work within our client facing origination team, supporting the activities of senior colleagues to market, structure and arrange bespoke reinsurance solutions. You will serve as the critical bridge between our clients and internal stakeholders, ensuring seamless execution, clear communication, and scalable solutions.

This role is ideal for a natural problem solver who thrives in complexity-someone who can take intricate financial concepts and distill them into actionable, digestible insights for both clients and internal teams. You will play a pivotal role in managing and strengthening key client relationships, driving new business opportunities, and ensuring operational excellence in everything from CRM management to executive-level communications.

Your Role:

• Develop and maintain strategic relationships with primary insurance carriers, , asset managers, banks, and other partners.
• Distill complex financial and risk management solutions into clear, scalable, and actionable insights.
• Act as a trusted advisor and key liaison between clients and internal teams, ensuring seamless execution.
• Drive business development efforts, identifying opportunities for growth and innovation.
• Maintain impeccable documentation and CRM management to ensure data integrity and strategic follow-ups.
• Collaborate cross-functionally with underwriting, risk, legal, and operations teams to enhance client outcomes.
• Exhibit high EQ and exceptional communication skills, making complex topics engaging and accessible.
• Preparation of client engagement material (presentations, memos, reports) under the direction and guidance of experienced team members.
• Coordination of team interaction with external professional advisors
• Summarization and communication of financial information through review of public information documents
• Maintain awareness of and access to sources of client public information and regular collation of news reports related to client circumstances
• Development of own professional understanding of client problem set and Munich Re solution set through interaction with team
• Development of professional qualifications such as CFA, actuarial qualification or similar

Your Profile:

• 5+ years of experience in business development, client relationship management, or strategic partnerships at an asset manager or insurance carrier.
• Superior organizational skills with a strong attention to detail and process efficiency.
• Proficiency in CRM systems and a commitment to clean documentation.
• A team player who thrives in a fast-paced environment.
• Proficient use of MS Word, Excel, Power Point

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.

For New York City based employees, the base salary range anticipated for this position is $175,921 to $197,753, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. 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.

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:

• Comprehensive Medical Plans
• PTO and Family Leave
• Retirement Savings Plans
• Dental and Vision Plans
• Life and Disability insurance
• Employee Assistance Program
• Adoption Assistance
• Wellness Programs - Calm, WW, SoFI, Virgin Pulse
• Commuter Benefits
• FSA and HSA Plans
• Hospital Indemnity, Critical Illness and Accident Plans

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

At Munich Re US, we see Diversity 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.