Business Development Manager

Overview

Senior, client‑facing role driving growth and strategic partnerships in UK & Ireland life and protection markets. You will align market insights with Ambition 2030 to win profitable new business and strengthen key relationships. The role combines strategic oversight, cross‑functional collaboration, and senior stakeholder management to elevate Munich Re as a trusted partner. You’ll shape opportunities, lead negotiations, and mentor others while delivering measurable impact for clients and the business.

Pay / Benefits

• on target bonus
• 25 days annual leave
• private medical insurance
• employers’ contributory pension of 10%
• fully paid 6 months family leave

Responsibilities

• Own and deepen senior client relationships to build trust and long‑term value.
• Create and implement business development strategies aligned with Ambition 2030 and client priorities.
• Generate and prioritise profitable new business opportunities across product lines.
• Oversee profitability and performance of existing business, escalating terms or engagement as needed.
• Act as trusted adviser, understanding client strategy and reinsurance needs.
• Use market and client insights to identify opportunities and differentiators.
• Lead complex client discussions and negotiations balancing growth, risk, and relationships.
• Coordinate pricing, underwriting, claims, operations, legal, product, and senior leadership to deliver client outcomes.
• Support Head of Business Development and represent the function in market activities.
• Contribute to raising Munich Re’s UK & Ireland profile through client engagement and relationship building.
• Support development of Business Development Managers via coaching and mentoring.
• Maintain records of meetings, actions, and opportunities in the CRM system.

Key requirements

• Strong business development, account management 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 and negotiate robust outcomes.
• Strong understanding of the UK protection market.
• Excellent communication skills for senior audiences.
• Strong internal influencing skills to mobilise experts and stakeholders around client priorities.
• Highly organised, able to manage multiple priorities and deadlines at pace.
• Comfortable operating with autonomy, ambiguity and accountability in a senior commercial role.
• Actuarial, underwriting, pricing, product, reinsurance or broader protection market experience would be advantageous.

• Strategic mindset
• Accountability
• Managing complexity
• Business development
• Strategic client relationship management
• Market insight and analysis

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