Business Development Manager

Company: Munich Re
Apply for the Business Development Manager
Location: London
Job Description:

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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Posted: October 21st, 2026