Demo

Head of Financial Management & Strategy

Munich Re
Princeton, NJ Full Time
POSTED ON 12/13/2025 CLOSED ON 1/6/2026

What are the responsibilities and job description for the Head of Financial Management & Strategy position at Munich Re?

In the Division Reinsurance Controlling (RIC), the responsibilities of controlling and management reporting are bundled together to ensure a uniform controlling process. RIC advises the Reinsurance Committee (RVA), RI-CEO and the RI-CFO in respect of the current economics of the Reinsurance Segment and proper allocation of resources.

RIC1.4 acts as the Global Process Owner for expenses and is responsible for Non-IT budgeting and cost allocation processes. RIC1.4.1 is in charge to provide all relevant information and analytics to senior management, especially the Reinsurance Committee and the Reinsurance CFO, to steer the expense base in the business field reinsurance. This especially includes the management of the annual expense planning and monitoring processes as well as various ad hoc analysis and presentations. Due to the numerous interfaces involving the division, the unit provides an excellent overview of current projects and reporting processes.

We strive to continuously enhance our data modelling and processing capabilities to respond to new and increasing requirements in Munich Re’s cost steering. In this context, the we are looking for a highly motivated and committed Controller, acting also as a Developer and reporting to the Head of Section “Global Expense Controlling & Analytics” within our hybrid working environment.

Your Job

  • Coordinate and support cost and staff planning based on central administration/maintenance of global expense and staff planning tool
  • Support business unit controllers and the RIC management team by preparing data, reports and scalable solutions/models in a flexible but reliable way
  • Drive and support maintenance and development of Power App solutions to further automate and optimize controlling processes.
  • Thereby, work on harmonisation and development of global cost controlling processes
  • Support further automation and digitalisation of systems, tools, interfaces and processes to further boost the efficiency of cost controlling
  • Provide ongoing support for associated initiatives dedicated to process automation and digital transformation of controlling processes.


Your Profile

  • University degree (preferably in IT, business informatics or Economics)
  • Profound experience in Controlling / Finance and especially in budget planning processes, ideally in the primary insurance or reinsurance business
  • At least one year experience in application development with Microsoft Power Platform (Power Apps, Power Automate)
  • Advanced, in-depth knowledge of MS Excel, ideally linked with expertise in SAP-CO
  • Skills in VBA, R, Phyton, SQL and Powerpoint are highly desirable
  • Excellent analytical and conceptual skills
  • High motivation and above-average commitment with a strong client and service focus
  • Composed and confident manner as well as excellent and stakeholder orientated communication skills
  • Very good command of English


Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About Us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.


Rewards & Recognition

  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements.
  • Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.
  • Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.


Münchener Rückversicherungs-Gesellschaft

Vesselina Markova

  • HR Consultant Königinstraße 107
  • 80802 München
  • GERMANY

Salary.com Estimation for Head of Financial Management & Strategy in Princeton, NJ
$77,073 to $94,516
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