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Salary
≈ $87k – $147k per year (Estimated)
Location
Hybrid (Munich, Germany)
Seniority
Senior · 7+ years exp
Employment
Full-Time

Confirmed on the employer's own hiring board on Oct 15, 2026. First seen by Alion on Oct 15, 2026. Munich Re scores B on the Alion truth index.

Overview
Company
Impact
Profile match
Munich Re is a German reinsurance and insurance group headquartered in Munich, providing reinsurance, primary insurance and insurance-related risk solutions to clients worldwide. Founded in 1880 and listed in the DAX, it is the largest reinsurer in the world, and its group includes the primary insurer ERGO, the asset manager MEAG, Hartford Steam Boiler, Munich Re Specialty and Munich Reinsurance America. Recent openings span treaty and liability underwriters, technical accountants, financial risk analysts, credit controllers, software engineers and interns, as well as insurance sales apprentices and agents for ERGO in Germany.

This role will be part of the Corporate Functions Tower for Group Technology, which oversees IT service delivery and manages key relationships across all corporate and central units, including Finance, HR, Legal & Compliance, Services/Facilities, and Procurement. The Tower also manages cross-functional domains such as document management, collaboration platforms, corporate websites, and Group-wide Identity Access Management (IAM), as well as selected central platforms and Regulatory/Integrated Risk Management (IRM) product delivery.

Munich Re is a global market leader in re-insurance, global specialty insurance and digital solutions. New technologies are disrupting the insurance value chain. Our innovative minds in IT spearhead the transformation and make change happen. Our goal is to become even more digital through the expertise of our IT & Tech specialists, and by leveraging data and insights to support innovation and client service.

The IT sub-section “Corporate Products HR” is responsible for global implementation of HR Digitalization Roadmap, delivering topics on EC, Compensation and Variable Pay, Learning, Payroll, Time Management, Recruiting and Onboarding. We are looking for an enthusiastic SAP Success Factors Consultant and Product Manager, who is eager to take over responsibility and to make a difference.

As a Product Manager you will manage HR-related applications including steering the demand process and consulting business colleagues to lead both tactical and strategic. In this role, you will own and manage the product lifecycle including functional releases and IT upgrades, to maintain compliance, performance and ‘fit for purpose’ business functionality. You will be responsible for the secure and stable ‘run’ of the product as well as for the product costs.

The position is limited to 24 months.

Your Job

  • Driving digitalization and transformation projects, supporting global processes and launching new tools.
  • Overviewing product cost and budget as well as managing of the external staff including procurement and provider management.
  • Collaborate with stakeholders to understand their business requirements and translate them into scalable and efficient system solutions.
  • Implementing changes and configuring system.
  • Partner with all stakeholders to manage product roadmaps and backlogs, ensuring that the product team delivers capabilities on time, on budget and per expectation.
  • Manage delivery processes including requirements discovery, solution design, user story writing, feature development, and user acceptance testing.
  • Work across teams and global locations in a seamless way to ensure alignment on feature development and prioritization.
  • Monitor and evaluate product compliance and performance to facilitate continuous iteration and improvement.
  • Setting up strategical product architecture based on the requirements and standards of Munich RE Group.

Your Profile

  • University degree preferably in Computer engineering / IT, Business Administration, Liberal Arts, Social Sciences or similar qualification.
  • 7+ years of experience as an SAP SuccessFactors Consultant with a strong focus on Employee Central (EC), Compensation, and Variable Pay.
  • Experience in other SAP SuccessFactors module, such as EC Payroll, Time Management or Onboarding is preferred.
  • Strong understanding of technology with the ability to understand and articulate customer problems, solutions, and possible impacts.
  • Act as a reliable partner for HR department.
  • Demonstrated ability to adhere the security guidelines and best practices. Collaborate with ISO community to ensure that issues are addressed when identified.
  • Preferably, you are already ITIL or Scrum certified or have the readiness to pursue one with our support.
  • Self-organized and proactive attitude.
  • Fluency in 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 16,000 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

Korbinian Rentsch

Talent Acquisition Partner

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