Innovation Specialist

Company: Munich RE
Location: Cincinnati
Posted on: April 4, 2025

Job Description:

Innovation Specialist






Company



American Modern Insurance Group





Location



Cincinnati
, United States




Title: Innovation Specialist Location: current schedule is hybrid (40-50% in the Amelia, Ohio office)*Please add a cover letter with details if you are not local and plan to relocate for the hybrid scheduleRecruiter: Sonya FischesserExempt positionApplicants requiring employer sponsorship of a visa will not be considered for this position. American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $1.9 billion. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home. Purpose:

• Develop and research ideas which will produce future revenue streams, client solutions, or services. Areas of focus include:
• New and emerging problems or technologies, gaps in insurance needs, gaps in the customer experience or technologies related to projects being managed
• Macro and societal issues that could impact P&C insurance industry
• Detailed evaluation of business environment including customer needs, capabilities/assets, and competitive realities for ideas under evaluation
• Lead the AI-based exploration activities with an objective to identify relevant use-cases that help improve efficiency and quality in the organization
• Engaging in the development of rough prototypes for approved concepts; managing virtual teams engaged in the same development activities
• Facilitating various viability testing, prelaunch market research on approved ideas; supporting virtual teams that may be engaged in these same activities
• Understand and assess business issues, problems, risks, and challenges by working with the business units and external partners
• Demonstrate the ability and desire to continue learning new and emerging technologies.
• Evaluate, compare and execute engagements with potential partners, including startups and established vendors; collaborate with functional groups and stakeholders in this process
• Collaborate with other Munich Re innovation entities to develop and validate business relevant ideas.
• Drive all aspects of the idea generation campaigns from planning to execution
• Contribute to the overall project management of assigned topics from ideation through operationalizing, including business case development, change management and implementation planning
• Deliver targeted business goals and objectives for assigned projects
• Coach and mentor associates and functional groups within the organization by conducting Design Thinking-based workshops, innovation campaigns, ideation, and iterative execution; Be a catalyst for driving an innovation mindset.
• Occasional travel (about 20%) for collaboration activities and conferences/training. Required Technical Skills:
• Must be comfortable in dealing with ambiguity and uncertainty
• Must have an optimistic can do attitude and approach to pursuing new ideas
• Strong communication and presentation skills
• Experience and exposure to AI tools like ChatGPT, Large Language Models, and APIs
• Strong command of Excel and other computer and MS Office Suite applications
• Exhibited application of design thinking concepts
• Strong ability to think innovatively and strategically
• Strong ability to research strategic topics
• Ability to identify trends, pursue them independently, and develop initial business cases. Education, Certifications & Designations:Required: Bachelor's degree or equivalent experiencePreferred: MBA or similar advanced degree CPCU, AINS or equivalent We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:Two options for your health insurance plan (PPO or High Deductible)Prescription drug coverage (included in your health insurance plan)Vision and dental insurance plansShort and Long Term Disability coverageSupplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity) In addition to the above insurance offerings, our employees also enjoy: A robust 401k plan with up to a 5% employer matchA retirement savings plan that is 100% company fundedPaid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversariesEligibility to receive a yearly bonus as a Munich Re employeeA variety of health and wellness programs provided at no costA hybrid environment that gives you a choice in where and how you get work doneA corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shopAn on-site complimentary workout facility as well as walking trails on campus groundsOn-site wellness center complete with nurse practitionerFinancial assistance for adoptions and infertility treatmentPaid time off for eligible family care needsTuition assistance and educational achievement bonusesFree parkingA corporate matching gifts program that further enhances your charitable donationPaid time off to volunteer in your community At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. #LI-SF1
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

Keywords: Munich RE, Cincinnati , Innovation Specialist, Other , Cincinnati, Ohio