Senior Accountant I

Swiss Re; Bengaluru; Hybrid; INR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Swiss Re in Bengaluru/Bangalore invites a Senior Accountant I to join the IGR team. You will support IFRS 17 accounting, perform validations, and drive close processes in a globally connected finance environment.

You will collaborate with Finance, Reporting, Operations, and Technology to resolve issues, automate processes, and strengthen controls. A strong foundation in GAAP/IFRS and data governance is essential for high‑quality reporting.

Qualifications

• Strong understanding of financial reporting processes and IFRS/GAAP frameworks, including controls and close activities.
• Advanced proficiency in Excel, PowerPoint, Word, and Access.
• Strong analytical and problem‑solving skills with attention to detail and business context.
• CA / Semi-Qualified CA, CFA, MBA (Finance), or Master's in Finance or related field.
• 7–9 years of experience in GAAP and/or IFRS financial reporting, ideally in insurance/reinsurance.

Responsibilities

• Perform IFRS 17 reporting validations and analysis across cycles.
• Support month-, quarter-, and year-end close activities.
• Investigate and resolve reporting issues, variances, and stakeholder queries.
• Collaborate with local and global Finance, Reporting, Operations, and Technology teams.
• Drive automation, simplification, and process improvements across assigned processes.
• Support finance transformation and data governance initiatives.
• Ensure data quality, governance, and audit readiness.

Skills

Financial reporting depth

Analytical thinking

Problem solving

Effective communication

Stakeholder management

Education

CA / Semi-Qualified CA, CFA, MBA (Finance), or Master's in Finance

Tools

Excel

PowerPoint

Word

Access

Job description

Location: Bangalore, KA, IN

Are you a finance professional who thrives on precision, loves solving complex problems, and wants to make a real impact in a globally connected team? If IFRS 17, financial validations, and process improvement get you excited, this could be the perfect next step in your career!

About the Role

As a Senior Accountant I in the IGR team, you will play a pivotal role in ensuring the accuracy and integrity of financial results within a dynamic global finance environment. You will support IFRS 17 accounting and reconciliation activities, drive resolution of complex reporting issues, and contribute to meaningful process improvement and finance transformation initiatives. This is a role where your analytical mindset, collaborative spirit, and passion for high-quality financial reporting will truly shine.

Key Responsibilities

• Perform IFRS 17 reporting validations and analysis, ensuring accuracy and completeness of financial results across reporting cycles
• Support month-end, quarter-end, and year-end close activities, contributing to timely and reliable financial reporting
• Investigate and resolve reporting issues, variances, and stakeholder queries, delivering clear and well-reasoned solutions
• Collaborate with local and global stakeholders across Finance, Reporting, Operations, and Technology to ensure timely issue resolution
• Drive automation, simplification, and process improvement initiatives to enhance efficiency and control across assigned processes
• Support finance transformation and change initiatives, contributing to the evolution of reporting frameworks and tools
• Ensure data quality, governance, and audit readiness across all assigned processes and deliverables

About the Team

The IGR (Intra Group Retrocession) team is a key part of GFO&T, supporting quarterly valuation and closing activities across IFRS 17, US GAAP, and Statutory reporting. We ensure the accuracy and reliability of financial results through validation, contract management, investigation of exceptions, and coordination of adjustment activities across business functions. As a globally connected team, we partner closely with Finance, Reporting, Operations, and Technology teams to strengthen controls, drive process improvements, and deliver high-quality financial reporting. Joining us means becoming part of a team that values collaboration, intellectual curiosity, and a commitment to excellence.

About You

You are a detail-oriented finance professional who brings both technical depth and a collaborative mindset to everything you do. You communicate complex financial topics with clarity and confidence, and you thrive in fast-paced, globally connected environments. You are curious, adaptable, and committed to continuous improvement - always looking for smarter ways to work.

We are looking for candidates who meet these requirements:

• Strong understanding of financial reporting processes and IFRS/GAAP frameworks, including reporting controls, close activities, and financial statement analysis
• Advanced proficiency in Excel, PowerPoint, Word, and Access, with the ability to analyze and process large volumes of financial data efficiently
• Strong analytical and problem-solving skills, with the ability to balance attention to detail with a broader business perspective and communicate complex financial topics effectively
• CA / Semi-Qualified CA, CFA, MBA (Finance), or Master's degree in Finance or a related discipline
• 7-9 years of experience in GAAP and/or IFRS financial reporting, ideally within insurance, reinsurance, or a global finance environment

These are additional nice to haves:

• Understanding of insurance accounting, financial statements, and reinsurance industry dynamics
• Familiarity with income statement, balance sheet, and source of earnings concepts
• Working knowledge of Stargate or other AI-related tools
• Experience with group consolidation processes
• Strong organizational skills and the ability to manage multiple stakeholders across geographies
• Ability to work both independently and collaboratively in a global, matrixed environment
• Adaptability, resilience, and confidence when engaging with senior stakeholders
• Team-oriented mindset with a genuine commitment to continuous improvement and learning

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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. We cover both Property & Casualty and Life & Health. 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.

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