About the Role

The Wording Expert provides specialised legal and regulatory support to Life & Health across the LH1.2 region (Iberia, Italy, Brazil, México, Colombia and Chile), with a primary focus on legal risk assessment, underwriting governance, and financial reinsurance transactions. The role ensures that Life & Health products, contractual arrangements, and business activities are legally sound, enforceable, and compliant with applicable laws, regulatory requirements, and Munich Re’s internal governance and risk appetite frameworks.

As a member of the Risk Management team, the Wording Expert works closely with Pricing, Underwriting, Compliance, and Central Units. The expert advises throughout the transaction lifecycle—including product development, contract wording, approval processes, portfolio management, and the implementation of solutions. The position contributes to the identification, assessment, and mitigation of legal, regulatory, and reputational risks in complex, multi‑jurisdictional environments,



while monitoring regulatory developments and translating them into clear, actionable guidance for senior stakeholders.

Key Responsibilities

Legal Governance & Quality Assurance
- Ensuring full compliance with applicable legal and regulatory frameworks governing the reinsurance business in an environment of increasing complexity, frequent regulatory changes, and heightened supervisory expectations.
- Providing clear legal interpretation of requirements related to data protection, sanctions, conduct of business, solvency, and other regulatory topics, anticipating risks and advising business teams on appropriate implementation measures. Close contact with local Compliance and Wording Experts from MR offices within the region.
- Providing clear expert legal assessments, acting as second line Wording Expert for Head of LH1.2 approvals.
- Ensuring alignment of wording templates and clauses with market practices, internal policies, and legal requirements.
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📌 MRSGM NA Account Manager, Business Solutions Unit (Madrid)
🏢 Munich Re
📍 Madrid