Enterprise Risk Associate

Munich Re•New York, NY

7d•$79,900 - $117,200•Onsite

About The Position

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. 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. Future focused and always one step ahead!

Requirements

Bachelor’s degree in Risk Management, Business, Mathematics, Finance, Data Analytics, or a related field.
Up to 1 year of experience in risk, compliance, project management, or data analysis preferred.
Strong organizational skills and attention to detail; able to handle administrative tasks accurately and maintain clear documentation.
Effective communicator who collaborates across diverse teams and can navigate a matrixed organization.
Demonstrated adaptability and initiative, moving between routine assignments and more complex problem‑solving as needed.
Eagerness to learn and contribute to enterprise risk management in a global insurance context.
Proficiency with Microsoft Office and familiarity with data visualization/reporting tools (e.g., Power BI).
Strong time‑management and prioritization skills in a fast‑paced, evolving environment.
Travel ad hoc across Munich Re Group locations (approximately 10%).

Responsibilities

Translate CRO priorities into executable plans with support from the Head of Risk Analytics & Strategy: build workplans, define milestones, maintain issue/decision/action logs, and track completion.
Coordinate across business units and IRM counterparts (e.g., ERGO IRM, MRAS IRM, Group IRM) to align on risk governance standards and reporting cadences.
Support ERM lifecycle (risk identification, measurement, strategy, control, and reporting) by gathering inputs, validating sources, synthesizing content, and preparing leadership‑ready materials for governance forums (e.g., Risk Committee updates, Internal Risk Report, ORSA).
Assist with integration/onboarding of new or reorganized business units into the risk management framework; confirm adherence to applicable risk policies and norms.
Support roll‑outs of risk norms and practices (e.g., non‑financial risk practices, project‑risk governance) by coordinating roll-outs, change impacts, and monitoring adoption.
Build and maintain risk reporting artifacts and dashboards (e.g., Power BI)
Support the organization and documentation of CRO-led meetings and initiatives, including preparing agendas, assembling briefing materials, taking meeting notes, tracking decisions and action items, and following up to ensure timely completion and escalation of issues as needed.
Document processes and controls (process maps, RACI, SOPs) and propose improvements that enhance standardization, audit readiness, and team effectiveness.
Provide flexible support across a variety of IRM initiatives, ranging from administrative tasks (e.g., data entry, file management) to more complex assignments involving analysis, research, or process design, based on team needs and development opportunities.

Benefits

health insurance coverage
an employee wellness program
life and disability insurance
401k match
retirement savings plan
paid holidays
paid time off (PTO)
Prescription drug coverage
Vision and dental insurance plans
basic life insurance equal to 1x annual salary
AD&D coverage that is equal to 1x annual salary
Supplemental Life and AD&D plans
Voluntary Benefit plans
Accident, Critical Illness and Hospital Indemnity
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
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
Paid time off to volunteer in your community.