Financial Analyst & Technical accountant

Financecolombia; Madrid; Presencial; EUR 50.000 - 70.000; Jornada completa

Descripción de la vacante

A leading finance company in Madrid is seeking a position focused on reinsurance treaty management and financial analysis. The ideal candidate should have over 5 years of relevant experience, strong analytical capabilities, and deep knowledge of IFRS17. Responsibilities include managing technical accounting issues and improving operational efficiency in a collaborative team environment.

Formación

• 5 years' experience in reinsurance or insurance.
• Strong knowledge of IFRS17.
• Rigorous, open-minded, and dynamic.

Responsabilidades

• Ensure creation and update of reinsurance treaties and data.
• Monitor and verify reinsurance accounts.
• Book accounts following technical accounting processes.

Conocimientos

Problem-solving

Process improvement

Statistical analysis

Financial skills

Research

Educación

Administration or Economics degree

5 years' higher education in financial accounting

Master's degree in actuarial science

Herramientas

Microsoft Office

Business Object

SAP Web Intelligence

Descripción del empleo

Overview

This position will interact with individuals throughout the French Business Performance team (or BA&TA) and Finance teams to ensure that overall French business is processed accurately, timely and in accordance with treaty conditions, rights and obligations as well as facilitating analytical review of operational processing.

Responsibilities

• In coordination with underwriters, ensure the creation and update of reinsurance treaties and contractual data in OMEGA 2.
• Monitor, analyse and record the reinsurance accounts received from clients/agents/brokers in the dedicated OMEGA2 system; verify that the information complies with the contractual terms and conditions and manage REBs and claim technical balances (if needed).
• Book accounts received following the technical accounting processes in the Life division.
• Analyse and verify claims bordereaux (risk covered, premiums paid, …); send to Medical & Financial UW&Claims team for review when needed.
• Manage technical sent & received settlements (if needed).
• Prepare and update estimates and projection figures by treaty/section in compliance with IFRS17 requirements; update and upload projection figures in NS_MIND tool.
• Improve financial status by analysing results, monitoring variances, identifying trends and recommending actions to management & underwriters.
• Analyse and check technical provisions using provided tools; share and communicate with EMEA reserving team to ensure plausibility (if needed).
• Manage individual data and upload in the dedicated system.
• Develop a cooperative relationship with clients to ensure the resolution of technical accounting issues.
• Assist with managing and resolving technical accounting issues and problems through research and interaction with underwriters & actuaries.
• Raise necessary warnings and communicate the status of issues effectively throughout the teams.
• Participate and collaborate in the Manage Technical accounting IC controls.
• Contribute to the quarterly closing by managing priorities: updating ultimate projections, analysing variations, explaining differences.
• Assist with internal and external audit requests as needed in a timely manner.
• Participate in ongoing process improvement efforts—identify opportunities to increase operational efficiency.
• Facilitate analytical review of operational processing and output focusing on fluctuations in financial activity and operating standards.
• Identify and research issues, draw conclusions, make recommendations, communicate, and summarise issues of significance.
• May perform other duties as required.

Qualifications

• 5‑years’ experience.
• To be rigorous, open‑minded and dynamic.
• Problem‑solving, process improvement, statistical analysis, reporting, research, requirements analysis, and financial skills.
• Have a good team spirit, be willing to work with others, and possess extensive knowledge in Microsoft Office and Business Object or SAP Web Intelligence.
• To be responsible, helpful, methodical, and multi‑purposed.
• Required Education: Administration or Economics degree.
• 5 years’ higher education in financial accounting.
• A master’s degree in actuarial science is appreciated.
• Specialisation in data analysis is appreciated.
• 5 years’ experience in reinsurance (possibly insurance).
• Deep knowledge of IFRS17.