Consultant Claims Governance

Your Job • Implement and ensure compliance with all rules and regulations of relevant governmental regulatory bodies in Europe (e.g., BaFin, IVASS, etc.)• Ensure the adequate implementation, adherence and execution of GL Third Party Risk Management processes within the claims area of responsibility. • Coordinate Due diligence and audits in collaboration with Agency Claims team and other GL units, according to GL standards, while identifying any potential compliance risks.• Prepare Outsourcing Plans and Risk Assessment reports and follow up on the findings closure.• Negotiate, maintain, and monitor Service Level Agreements with internal and external outsourcing counterparts for claims services regarding claims service units’ compliance and performance. • Develop and maintain a comprehensive knowledge of industry specific compliance requirements,• Develop and enhance Claims IT tools to support MGA/TPAs and agency claims management in collaboration with Agency Claims team.• Negotiate TPA Agreements and give claims input to Binding Authority Agreements while keeping them up to date as required.• Develop work instructions and Agency claims management guidelines to ensure state of the art claims management and O&C in compliance with Claims Corporate Guidelines• Build an intelligent monitoring systems to mitigate conduct and reputational risk, and to ensure appropriate financial outcomes, for both Agency as well as single risks business.• Participating in special projects and ad hoc reporting, as requiredYour Profile• Claims compliance expertise in primary insurance preferably within the EU context as well as across several lines of business (Non-Life and Health) • Legal education or other appropriate university degree or qualifications such as the ACII• EU (in particular Germany, Italy and France) Market experience as well as knowledge of legal and regulatory systems. US market and Australian market knowledge is a plus.• Excellent organizational, attention to details and time management skills• Effective communication and collaboration capabilities• Good internal and external network with lawyers and other service providers• Business-fluent English; additional European languages in particular German and French are an advantage.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.