{"id":1844557,"url":"https://alion.io/job/munichre-business-development-manager","title":"Business Development Manager","company":{"id":36686,"name":"Munich Re","domain":"munichre.com","url":"https://alion.io/company/munichre","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Career sitemap","truth_index":{"grade":"B","score":75,"open_postings":354,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":35,"computed_at":"2026-10-09T06:01:00Z"}},"role":"Management","role_family":"Management","seniority":"lead","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Princeton, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":185800,"max":272500,"currency":"USD","period":"year","gross":null,"usd_annual":272500},"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[],"status":"live","first_seen_at":"2026-09-11T00:00:00Z","employer_posted_date":"2026-10-04","last_verified_at":"2026-10-09T22:38:28Z","board_verified":true,"closed_at":null,"days_open":29,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":29},"description":"Business Development Manager\nWe’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.\nThe Company\nAs 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.\nThe Opportunity\nFuture focused and always one step ahead.\nThe Business Development Manager (“BDM”) develops and implements strategies to maximize the profit potential for assigned P&C reinsurance prospects, clients & brokers, consistent with divisional priorities and line of business appetite. The BDM collaborates closely with MR US underwriters, other MR US staff and members of other business units in the execution of the strategy including delivery of new products and value-added services. The BDM serves as the primary point of contact for clients and their designated brokers with respect to business underwritten in the division. The BDM is responsible for the reinsurance results generated through the client relationship\nMajor responsibilities include:\nCreate, prioritize and implement forward looking client strategies for all assigned clients and prospects, in line with MRUS Key Priorities and Line of Business Strategies.\nCreate, prioritize and implement forward looking broker strategies that go beyond the transaction.\nThinking beyond the current portfolio to imagine a target picture and future possibilities to generate profitable revenue that does not exist today. \nLead client team in developing new business opportunities and servicing the in-force business. Ensure consistent understanding of target objectives and strategy for achieving desired outcomes.\nDevelop negotiation strategies and tactics to ensure achievement of financial objectives for assigned clients. Partner with Underwriting, Claims and Actuarial to establish final terms for individual placements including share size, price and other relevant terms and conditions.\nDevelop and maintain deep and thorough understanding of assigned clients and brokers, particularly of their key underwriting, capital and risk management objectives. Build strong relationships with client & broker staff that can provide strategic insights on evolving needs and value derived from the Munich Re (MR) relationship.\nManage client & broker relationships, establishing MRUS’s position consistent with our segmentation strategy (e.g., the lead reinsurer for our most desirable clients). Serve as primary point of contact within Munich Reinsurance America, Inc. (MRAm) for assigned clients and their designated brokers as respects traditional reinsurance business.\nMarket the full Munich Re Group product range, including pitching new products and services as appropriate for the client’s needs. Share the Munich Re perspective on important industry issues at industry events and individual client/broker meetings.\nContribute, as needed, to broker marketing activities and other initiatives to develop new products/services or improve operating effectiveness.\nQualifications:\nBachelor’s degree in Business and/or equivalent work experience\nApproximately 10 years of Reinsurance and/or relevant Insurance experience (underwriting, account executive, and/ or actuarial preferred)\nStrategic thinker who can develop effective action plans to achieve desired outcomes\nEntrepreneurial spirit\nStrong interpersonal and social skills with a special focus on relationship management\nStrong leadership skills needed to manage client teams in a matrix reporting environment\nEffective presentation skills with ability to explain complex transaction structures to both technical and non-technical audiences\nStrong sales orientation with ability to make a compelling link between MR offerings and critical client needs. Ability to handle tough negotiations that result in win-win outcomes.\nIn-depth knowledge of insurance and reinsurance principles and procedures\nFamiliarity with accounting, finance and actuarial concepts\nExperience with Primary Insurance and non-traditional products\nWillingness to travel about 30-50%\nThe Company is open to considering candidates in Princeton, NJ. The salary range posted below applies to the Company’s Princeton, NJ location\nThe base salary range anticipated for this position is $185,800 - $272,500, 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).\nThe salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton, NJ. 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.\nAt 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.\nWe are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.","description_format":"text","description_chars":6085,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":true},"security_clearance":false,"languages":[]},"benefits":["401k plan","Equity","Health insurance","Insurance coverage","Retirement plans"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Financial Services","Property & Casualty Insurance","Reinsurance"],"lifecycle":[{"event":"open","at":"2026-10-04T20:02:59Z"}],"visa":[],"liveness":{"score":43,"band":"fade","label":"Fading","p_open":1,"p_active":0.571,"p_room":0.75,"age_days":28,"expected_fill_days":35,"reasons":["conf:3","stale_co","velocity","win:late","comp:brand"],"computed_at":"2026-10-09T06:01:00Z"},"pay":{"stated_usd_annual":272500,"is_top_pay":true},"html_url":"https://alion.io/job/munichre-business-development-manager","json_url":"https://alion.io/job/munichre-business-development-manager.json","meta":{"generated_at":"2026-10-10T00:39:12Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler","counted_by":"address","units_charged":1,"used_today":1039,"day_limit":5000,"remaining_today":3961,"minute_limit":60,"resets_at":"2026-10-11T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":36686},"rest":"https://alion.io/mcp/rest/get_company?id=36686"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fmunichre-business-development-manager"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fmunichre-business-development-manager"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fmunichre-business-development-manager"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/munichre-business-development-manager\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fmunichre-business-development-manager"}]}