Reinsurance Accountant (Hybrid; m/f/x/d) (opens in new tab)

Internationalinsuranceprofessionals; München; Hybrid; EUR 68,000 - 113,000; Full time

Benefits offered by this job

Global benefits

Job summary

Swiss Re Corporate Solutions (CorSo) in Munich seeks a Reinsurance Accountant to oversee accounting for (re)insurance contracts and closing cycles. You will engage with brokers, reinsurers and internal teams to ensure accuracy and drive efficiency.

Required are 5–8 years in finance, a finance degree, and strong Excel skills, with fluency in English and German. A competitive package with performance-based compensation and global benefits is offered.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field; professional certifications (CPA, ACCA, etc.) highly valued
• Experience: 5–8 years in finance or accounting roles, with substantial experience in the (re)insurance industry
• Technical Skills: Advanced proficiency in Microsoft Office, particularly Excel, with demonstrated ability to manage complex financial data
• Languages: Excellent written and verbal communication skills in English and German (or willingness to develop German language skills)
• Personal Attributes: Sophisticated analytical mindset with exceptional attention to detail and accuracy

Responsibilities

• Execute and manage statements of accounts and claim recoveries for reinsurers and brokers
• Calculate and account for significant payables and receivables of reinsurance contracts with precision
• Set up new reinsurance contracts and maintain renewal processes for existing ones
• Drive collaboration with internal functions and manage interactions with brokers and reinsurers
• Execute monthly and quarterly closing activities and enhance SOPs
• Provide support to process improvement initiatives and automation opportunities

Skills

Advanced accounting

Stakeholder management

Analytical mindset

English and German communication

Education

Bachelor's degree in Finance/Accounting/Business Administration

CPA or ACCA certification valued

Tools

Microsoft Excel

Job description

Location: Munich, DE

Are you an accomplished finance professional with specialized expertise in (re)insurance? Join our CorSo Reinsurance team in Munich where your advanced accounting skills will drive critical financial operations on a global scale. This role offers an exceptional opportunity to leverage your established expertise at the intersection of finance and reinsurance in a collaborative, innovative environment.

About the Role

As a Reinsurance Accountant, you'll execute essential financial processes while applying your deep expertise in (re)insurance accounting. You'll work with a network of professionals across the organization as you independently manage complex reinsurance contracts, ensuring accuracy and compliance while identifying opportunities for optimization.

Key Responsibilities

• Execute and manage comprehensive statements of accounts and claim recoveries for our reinsurers and brokers


• Calculate and account for significant payables and receivables of reinsurance contracts with precision


• Set up new reinsurance contracts, maintain renewal processes for existing contracts


• Drive collaboration with various internal functions and manage interactions with brokers and reinsurers


• Execute and refine monthly and quarterly closing activities and enhance Standard Operating Procedures


• Provide strong support to process improvement initiatives and execute opportunities for simplification and automation

About the Team

The External Reinsurance Team is a dynamic team that owns and manages the External Reinsurance portfolio globally for Swiss Re Corporate Solutions (CorSo). We are part of the Global Controlling Finance Corporate Solutions team and allocated to department International Financial Management (IFM) and Reinsurance. Our team reviews inwards transactions and identifies, calculates, books, reports and collects the reinsurance assets. We work extensively with Swiss Re CorSo clients and brokers to substantiate our claims and to build productive relationships.

About You

You're a seasoned finance or accounting professional with demonstrated expertise in (re)insurance accounting. Your exceptional attention to detail, advanced analytical capabilities, and strategic approach enable you to navigate complex financial environments with confidence. Your proven track record of collaboration and stakeholder management makes you an ideal addition to our team where your knowledge and experience will drive continuous improvement.

We are looking for candidates who meet these requirements:

• Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field; professional certifications (CPA, ACCA, etc.) highly valued


• Experience: 5-8 years in finance or accounting roles, with substantial experience in the (re)insurance industry


• Technical Skills: Advanced proficiency in Microsoft Office, particularly Excel, with demonstrated ability to manage complex financial data


• Languages: Excellent written and verbal communication skills in English and German (or willingness to develop German language skills)


• Personal Attributes: Sophisticated analytical mindset with exceptional attention to detail and accuracy

These are additional nice to haves:

• Strong team player who thrives in collaborative environments and contributes positively to team dynamics


• Ability to build relationships across departments and work effectively with diverse colleagues


• Understanding of reconciliation processes and financial controls


• Ability to work effectively in a global, multicultural environment


• Experience in developing new and automated processes


• Experience with clients or stakeholder communication in a professional setting

For Germany, the base salary range for this position is between EUR 68.000 and EUR 113.000 for a full-time role.

The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role


• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Furthermore, you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Reference Code: 139558