Academic-Jobs in United States

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 (RC), RI-CEO and the RI-CFO in respect of the current economics of the Reinsurance Segment and proper allocation of resources.

The Global Expense Controlling and Analytics team acts as the Global Process Owner for expenses and is responsible for budgeting and cost allocation processes and the subsequent reporting in the internal and external view. The team "Non-IT Controlling" s in charge of the cost allocation process as basis for the expense reporting in the financial statements. We furthermore manage the expense forecast process and provide all relevant information and analytics to senior management, especially the Reinsurance Committee and the Reinsurance CFO, to steer the expense base in the business field reinsurance

We are looking for a committed controller to report to the Head of Section “Operations Non-IT Controlling” within our hybrid working environment.

YOUR JOB

• Process quarterly expense forecast and closing: establish reasonable expense forecast figures, ensure correct data hand-overs to downstream systems and interfaces
• Support our various global legal entities in expense forecasting and closing process and safeguarding consistency of processes, methods, tools
• Work on harmonising and steadily improving global cost closing and accounting processes including the central cost accounting system SAP-CO
• Joint preparation of quarterly expense reporting regarding cost development, major drivers and underlying trends
• Contact person for our neighbouring RIC departments and the international organizations with regard to cost controlling and cost accounting systems and methods
• Support with the further automation and digitalisation of systems, tools, interfaces and processes to further boost the efficiency of cost accounting
• Collaboration in cross-divisional profitability and cost development projects

YOUR PROFILE

• University study (preferably in the field of Economics) with focus on accounting/controlling
• At least three years’ experience in accounting and/or controlling, experienced in the preparation of financial statements and in an insurance company
• Excellent analytical and conceptual skills
• High levels of motivation and above-average commitment with a strong client and service focus
• Composed and confident manner, as well as a flair for dealing with interfaces with the international organisation and the ability to communicate with various stakeholders at all levels in a manner that is fitting for the target group concerned
• Discretion and confidentiality in handling sensitive information and company matters
• High degree of reliability and integrity, as well as initiative and commitment
• Very good command of English
• Very good knowledge of SAP-CO, GT, ECON and BO, strong affinity for IT and basic knowledge of IFRS17
• Good knowledge of Power BI, Power Query, SQL with a strong affinity for big data and data management
• In-depth knowledge of Excel and PowerPoint

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 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 equalopportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.