Life & Health Careers at Munich Re Madrid
Shape your career at one of the world’s leading reinsurers.
About Munich Re's Madrid Hub
Munich Re's Madrid Hub brings together a highly experienced, international team serving clients across Southern Europe and Latin America.
With decades of experience in the Spanish market, we combine local expertise, strong client relationships and global insight to help insurers navigate an increasingly complex risk landscape.
As part of one of the world's leading reinsurers, our people work across markets and disciplines to deliver innovative solutions and create long-term value for our clients.
Guided by Munich Re’s Ambition 2030 strategy, we invest in expertise, digital transformation and growth, offering our people the opportunity to work on complex, meaningful challenges while shaping the future of Life & Health reinsurance. Through exposure to international markets, industry-leading expertise and innovative solutions, employees can accelerate their development, broaden their skills and build rewarding long-term careers.
My role is to get involved in our clients’ strategic priorities and transform them into results. I focus on building strong relationships, anticipating future needs, and delivering bespoke solutions that create long-term value.
A career in Life & Health
The Madrid Hub plays a key role in Munich Re's Life & Health business, serving clients across Southern Europe and Latin America. By joining our team, you will gain exposure to diverse markets, business models and insurance challenges, working with leading insurers on topics ranging from biometric risk management and financial resilience to product development and digital innovation.
You will collaborate with colleagues across underwriting, pricing, client management, medical, actuarial and product teams, giving you a broad perspective on the Life & Health value chain. As part of a highly connected international network, you'll have the opportunity to work on strategic initiatives, build meaningful client relationships and contribute to solutions that make a tangible impact on the insurance industry.
Watch our video to learn more about the people, culture and career opportunities within our Madrid Hub.
Interested in joining our team?
Whether you're actively looking for your next role or exploring future opportunities, we'd love to hear from you.
Why join us?
| Work across borders and markets | Gain exposure to a diverse range of markets across Southern Europe and Latin America, working with colleagues and clients from different backgrounds, cultures and business environments. |
|---|---|
| Broaden your perspective | Collaborate with experts from across the Life & Health value chain, giving you the opportunity to understand different aspects of the business and build a well-rounded professional profile. |
| Make a visible impact | Work in an environment where your ideas, expertise and contributions matter. As part of a growing business, you'll have the opportunity to take ownership, contribute to strategic initiatives and see the impact of your work. |
| Be part of the industry's evolution | Contribute to innovative solutions that address changing customer needs, demographic shifts, digital transformation and the future of Life & Health insurance. |
| Accelerate your development | Build your expertise through international collaboration, continuous learning, knowledge sharing and opportunities to take on new challenges throughout your career. |
| Thrive in a collaborative culture | Join a supportive and inclusive environment where teamwork, curiosity and diverse perspectives are valued, and where people are encouraged to learn from one another and succeed together. |
Within the team of Munich Re Madrid, we have great energy; it's clear we collaborate well. It's something that when we have colleagues from outside Madrid, they always highlight this and I think that is key.
Benefits
Flexible working
We believe in a healthy balance. We offer various options to help employees build their careers in line with their personal life.
A responsible employer
We place particular emphasis on a corporate culture based on a responible and respectful interaction with each other.
Career development
We provide training, programmes, and mentoring for employees to enhance their skills and knowledge.
Further training
We offer targeted, needs-based trainings for all employees.
Compensation and benefits
We offer competitive benefits packages and incentives across our different businesses.
Support for families
Promoting the compatibility of family and work is an essential part of what we do.
Competitive package
For us, it is a matter of course that you are appropriately compensated for your high level of commitment.
Retirement provision
For your security in old age, we provide an in-house pension solution.
FAQ
Where is Munich Re’s Madrid office located?
Munich Re operates an office in Madrid at Paseo de Recoletos located at the center of the Spanish insurance market.
Which markets does Munich Re’s Madrid office serve?
Our Madrid office primarily serves Southern Europe and Latin America for Life and Health. Acting as a regional hub, it facilitates close coordination between the Iberian markets and Munich Re’s wider Southern Europe and Latin America platform, especially for cross-border and multinational insurance programs.
Which clients typically collaborate with Munich Re’s Madrid office?
Our Madrid team mainly partners with primary insurers and brokers in Southern Europe and Latin America across mature and emerging market segments. We also work with specialty carriers, manage multinational insurance programs, and provide tailored risk transfer solutions for corporate and public-sector clients—especially where complex or non-standard risks are involved.
What Life & Health reinsurance expertise is available through the Madrid office?
We offer comprehensive Life & Health reinsurance solutions that cover mortality, morbidity, disability, and longevity risks. These help insurers navigate demographic shifts, medical cost trends, and capital needs while supporting sustainable product development in Southern Europe and Latin America.
What types of Life & Health roles are available at Munich Re Madrid?
Our Madrid team offers a range of opportunities across Life & Health reinsurance. Roles may span underwriting, claims, pricing, business development, client management, actuarial, and other specialist functions.
Who are we looking for at Munich Re Madrid?
We're looking for people who are curious, collaborative and motivated to make an impact. Successful candidates typically demonstrate:
- Problem solver: You embrace challenges, learn quickly from successes and failures, and think big to find the best solutions.
- Collaborative team player: You thrive working with others across teams and departments to achieve shared goals.
- Adaptable and resourceful: You seek efficient ways to get tasks done, continuously improve workflows, and know when to ask for or offer support.
- Effective communicator with an inclusive mindset: You communicate clearly, engage openly with diverse perspectives, and contribute to an inclusive, supportive work culture.
What can I do if there is no suitable vacancy currently available?
If you don't currently see a role that matches your skills or experience, you can join our talent community and submit your CV. We'll keep your details on file and contact you if a suitable opportunity arises.
Ready for your next challenge?
Explore current opportunities across our Life & Health Madrid Hub or register your interest to be considered for future roles.
