Controller (m/f/d)*

Munich Re Group; München; Hybrid; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Global exposure : travel opportunities

Competitive salary

Retirement provision

Job summary

Munich Re is seeking a proactive finance professional to support the Head of Section in preparing senior management meetings with IFRS expense analysis across entities. You will consolidate quantitative analyses into clear messages and help craft the quarterly narrative.

You will also prepare in-depth planning materials and take responsibility for monitoring processes across multiple legal entities while advancing automation and harmonisation efforts.

Qualifications

• University degree in economics, business administration or a comparable field.
• Several years of controlling experience with a focus on cost management.
• Strong analytical and problem-solving skills; accuracy and detail.
• Excellent English and advanced Excel/PowerPoint abilities.

Responsibilities

• Support the Head of Section and Department in preparing senior management meetings with IFRS expense analysis.
• Prepare well-structured materials and presentations for planning and quarterly forecasts.
• Plan and monitor processes for selected entities and serve as contact for international finance.
• Assist in automating and harmonising systems and tools.
• Contribute to ongoing development of expense-controlling methods.

Skills

Analytical skills

Excel

PowerPoint

English proficiency

Team player

Communication skills

SAP CO

EDWH

ECON reporting

Problem solving

Education

Economics/Business degree

Tools

SAP CO

EDWH

ECON reporting

Job description

In the Division Reinsurance Controlling (RIC), the responsibilities of controlling and management reporting are bundled together to ensure a uniform controlling process. RIC advises the Reinsurance Committee (RVA), RI-CEO and the RI-CFO in respect of the current economics of the Reinsurance Segment and proper allocation of resources.

RIC1.4 acts as the Global Process Owner for expenses and is responsible for Non-IT budgeting and cost allocation processes. RIC1.4.2 is in charge to provide all relevant information and analytics to senior management, especially the Reinsurance and Group CFO as well as neighboring finance functions, to steer the expense base in the business field reinsurance from a legal entity and IFRS point of view. This especially includes the translation of the primary cost planning into an allocated and IFRS basis and the driving the quarterly closing and monitoring process for expenses under IFRS to inform internal result steering as well as external communication. Besides, various ad hoc analysis and presentations need to be informed. Due to the numerous interfaces especially including all international entities of the reinsurance and specialty group, the unit provides an excellent overview on the reinsurance group’s total expense and financial situation.

We are looking for a highly motivated and committed colleague that supports the head of section especially in the preparation of the quarterly closing meetings of the reinsurance and specialty group with cross-functional analysis.

Your Job

• Support the Head of Section and Head of Department in preparing senior management meetings by proactively analysing IFRS expense plan and actual figures across legal entities and line items, and consolidating quantitative analyses into qualitative key messages and the “story of the quarter”
• Prepare well-structured, in-depth materials and presentations with the team for planning and quarterly forecast discussions.
• Take responsibility for planning and monitoring processes for selected legal entities, and serve as the point of contact for finance departments in international entities regarding IFRS expenses.
• Support the team in advancing the automation, digitalisation and harmonisation of systems and tools.
• Support the Head of Section in the continuous development of expense-controlling methods.

Your Profile

• University degree in economics, business administration or a comparable field, with above-average results
• Several years of controlling experience, with a strong focus on cost management; experience in primary insurance or reinsurance is an advantage
• Very strong analytical and problem-solving skills
• Proactive and structured approach to work
• High level of accuracy and attention to detail, combined with the ability to derive key messages from detailed information
• Strong communication skills and a confident, professional presence
• Team-oriented mindset
• Very good command of English and strong proficiency in Excel and PowerPoint
• Experience with SAP CO, EDWH and ECON reporting is an advantage

About Us

As the world's leading reinsurance company with more than 16,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.
• Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft

Sascha Srbecky

Talent Acquisition Partner