Overview
As Senior Business Development Manager you will drive strategic growth for UK & Ireland Life by building senior client partnerships and guiding cross-functional delivery. You will align opportunities with Ambition 2030, shaping a profitable, long-term relationship with key clients. You’ll lead major client discussions, coordinate pricing, underwriting, and product experts, and mentor others while acting as a trusted adviser to senior decision-makers. This role offers influence across the business, a chance to raise Munich Re’s profile, and a path to develop strategic market leadership.
Pay / Benefits
- competitive compensation package
- on-target bonus
- 25 days annual leave (plus purchase option)
- private medical insurance
- employer’s pension (10%)
- fully paid 6 months family leave
Responsibilities
- Own and nurture senior client relationships to build trust and long-term value
- Develop and execute business development strategies aligned with Ambition 2030 and client priorities
- Identify, prioritise, and convert profitable new business opportunities across product lines
- Ensure profitability of existing business; review terms, rates, and treaty structures when needed
- Act as trusted adviser to clients, understanding their strategy and reinsurance needs
- Use market, competitor, and client insights to identify opportunities and differentiation
- Lead complex client discussions and negotiations balancing growth, risk, and relationships
- Coordinate pricing, underwriting, claims, operations, legal, product, and leadership to deliver outcomes
- Support Head of Business Development, provide client insight, and represent the function
- Contribute to raising Munich Re’s market profile through high-quality client engagement and relationship-building
- Mentor and coach other Business Development Managers
- Maintain disciplined CRM records of client meetings, actions, opportunities, and decisions
Key requirements
- Strong business development and strategic client relationship experience in financial services, insurance or reinsurance
- Deep commercial judgement balancing opportunity, profitability, risk appetite and long-term value
- Proven ability to lead senior client conversations, influence decision-makers, and negotiate robust outcomes
- Strong understanding of the UK protection market
- Excellent communication skills for senior audiences
- Strong internal influencing skills to mobilise technical experts and stakeholders
- Highly organised with the ability to manage multiple priorities and deadlines
- Comfort with autonomy, ambiguity and accountability in a senior commercial role
- Actuarial, underwriting, pricing, product, or broader protection market experience would be advantageous
- Strategic mindset
- Accountability
- Managing complexity
- Actuarial/underwriting/pricing/product/reinsurance experience (advantageous)
- Commercial negotiation and client leadership
- Stakeholder management and cross-functional collaboration
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