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Monument Re Group Tech Stack

Bermuda reinsurer acquiring and integrating European insurance portfolios

Insurance Hamilton , Bermuda 501–1,000 employees Founded 2017 Privately Held

Monument Re is a reinsurer focused on acquiring and operating insurance portfolios across Europe, backed by major shareholders including Hannover Re and Enstar. The tech stack reveals a hybrid operational model: legacy systems (COBOL, Delphi, IBM i) running core underwriting and policy administration, layered with modern Microsoft infrastructure (Azure, Dynamics 365, Power Platform) for integration and reporting. Active hiring across finance, engineering, and ops—with emphasis on mid and senior roles—matches their stated focus on 'global maturity increase' and transaction integration, suggesting they're scaling operational capacity faster than pure acquisition volumes alone.

Tech Stack 40 technologies

Core StackJira SonarQube C# Power Platform Python .NET Intune VMware Git Delphi COBOL Word Excel Outlook TOGAF BPMN Microsoft Office Dynamics 365 Business Central Kyriba Group Policy Microsoft 365 Azure vSphere vCenter Veeam Backup & Replication Veeam One Veeam Backup for Microsoft 365 LogicMonitor IBM i VMware vSphere+7 more

What Monument Re Group Is Building

Challenges

  • Improving sdlc maturity
  • Integrating new transactions onto platform
  • Operational risk mitigation
  • Regulatory compliance for life insurance policies
  • Supporting growth
  • Dora compliance
  • Incident reporting
  • Integration of newly acquired portfolio
  • Continuous improvement of operational processes
  • Regulatory compliance in outsourcing

Active Projects

  • Onboarding new transactions
  • Creating reporting tooling from ul3
  • Portfolio structuring
  • Transaction integration onto platform
  • Global maturity increase
  • Installing ul3 software releases
  • Developing ul3 automations and interfaces
  • Business continuity planning
  • Dora framework maintenance
  • Ict third-party risk management

Hiring Activity

Steady30 roles · 10 in 30d

Department

Finance
9
Engineering
8
Ops
4
Compliance
2
Support
2
Insurance
1
Legal
1

Seniority

Mid
10
Senior
10
Lead
3
Junior
2
Director
1
Manager
1

Notable leadership hires: Head of Compliance

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About Monument Re Group

Monument Re Limited is a Bermuda-domiciled reinsurer established in 2017 to acquire and operate insurance portfolios and asset-based risks in Europe. The company is structured as an asset-intensive operator, acquiring whole portfolios or businesses and running them efficiently under a single platform. Monument Re benefits from Bermuda's Solvency II equivalence status and is backed by high-quality institutional shareholders: Hannover Re (world's third-largest reinsurer), NYSE-listed Enstar (a leading P&C run-off consolidator), and E-L Financial (parent of Canadian life insurer Empire Life). The company operates across multiple European jurisdictions with hiring footprint in Belgium, Ireland, Spain, Isle of Man, and the United Kingdom.

HeadquartersHamilton , Bermuda
Company Size501–1,000 employees
Founded2017
Hiring MarketsBelgium, Ireland, Spain, Isle of Man, United Kingdom

Frequently Asked Questions

What is Monument Re's tech stack?

Monument Re runs legacy underwriting systems (COBOL, Delphi, IBM i) alongside modern cloud infrastructure (Azure, Dynamics 365, Power Platform). Core tools include Jira, SonarQube, Kyriba, Veeam backup suite, and LogicMonitor for monitoring. The mix reflects an organization managing both acquired legacy portfolios and modern integration layers.

What is Monument Re working on?

Key projects center on portfolio integration and operational scaling: transaction onboarding, UL3 software implementation and automation, platform transaction integration, reporting tooling development, portfolio structuring, business continuity planning, and DORA/regulatory compliance frameworks. Pain points highlight SDLC maturity improvement and operational risk mitigation.

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