Data Product Owner
This is a full-time project role with a minimum commitment of 24 months; travel up to 25%. Open to all locations.
We are 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.
The Company
Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.
As 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.
The Opportunity
Future focused and always one step ahead!
The GSI UW Workbench program aims to automate data ingestion, submission prioritization, pricing integrations, rules applications, underwriting documentation, binding of business and policy issuance. Underwriting process harmonization across GSI underwriting teams is also a target outcome. The Data Product Owner provides leadership and strategic direction for all data-related decisions within the Underwriting Workbench program. This role ensures that data needs across underwriting, operations, MI/analytics, and technology are aligned to a coherent vision. They oversee the data roadmap, guide prioritization, and serve as the key decision-maker for data requirements across all workstreams.
Responsibilities:
- Contribute to the success of GSI by leading the data workstream of the global underwriting workbench program
- Lead the data product vision and strategy for the underwriting workbench
- Collect data requirements across GSI business units, insurance markets and lines of business
- Ensure alignment between programme objectives, data architecture, and business needs
- Oversee and prioritize data-related backlogs, epics, and user stories
- Provide subject matter input on enterprise data standards, quality rules, lineage, and governance
- Partner with Data Analysts, Data Governance, Engineering, and Product Owners across workstreams
- Advocate for and challenge data decisions to ensure consistency and scalability
- Strive for common information at the GSI level while supporting the entrepreneurial business units in different markets
- Own the conceptual and logical data model and collaborate closely with IT on implementation
- Align critical data elements with other transformation programs in GSI
- Use advanced AI technology to extract information from submission documents
Qualifications:
Successful candidates will possess the following skills/capabilities:
- Bachelor's degree in Math, Computer Science, Engineering or a related field
- Strong background in data strategy, data architecture, or data product management
- Experience working in complex, matrixed environments with multiple stakeholders
- Excellent understanding of the global insurance market with relevant experience for 5+ years
- Proven project management capabilities in an agile setup for 5+ years
- Strong proficiency in technical data handling, e.g. writing SQL or Python scripts to manipulate data for 5+ years
- Comfortable making decisions with incomplete information and guiding others through ambiguity
- Entrepreneurial and customer-centric mindset and ability to develop strategic targets and conceptually transform requirements into solutions
- Integrative personality, strong in building and maintaining relationships (internally and externally)
- Drive and dedication, as well as creativity and hands-on attitude to initiate and execute use cases (“getting things done”)
- Excellent ability to communicate to both technical and non-technical communities to ensure data uses and limitations are well understood and will provide substantive business value
The Company is open to considering remote candidates. The base salary range anticipated for this position is $125,800- $184,500 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).
The salary estimate displayed represents the typical salary range for candidates hired in this position across the United States. 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.
We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:
- Two options for your health insurance plan (PPO or High Deductible).
- Prescription drug coverage (included in your health insurance plan).
- Vision and dental insurance plans.
- Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
- Short and Long Term Disability coverage.
- Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
- Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).
In addition to the above insurance offerings, our employees also enjoy:
- A robust 401k plan with up to a 5% employer match
- A retirement savings plan that is 100% company funded.
- Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
- Eligibility to receive a yearly bonus as a Munich Re employee.
- A variety of health and wellness programs provided at no cost.
- Paid time off for eligible family care needs.
- Tuition assistance and educational achievement bonuses.
- A corporate matching gifts program that further enhances your charitable donation.
- Paid time off to volunteer in your community.
At 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.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.