Reinsurance Accounting - Financial Accountant - IFRS 17 (m/f/d)*

Reinsurance Accounting provides timely and reliable accounting information to internal and external stakeholders. We act passionately to support business value creation while relying on harmonised processes, methods and tools to efficiently lead global operations. We are a global, diverse team of experts; we value open communication and are eager to actively help shape the Reinsurance Accounting function of tomorrow.

Within this dynamic environment, the Global Life & Health Team – International Office Collaboration and Life & Health Accounting Guidance - is responsible for the interface to the international Life & Health accounting departments, providing accounting support and holding an oversight function for the local technical accounting processes.

We are seeking a qualified and dedicated professional to strengthen our team. As Financial Accountant you can look forward to a broad and challenging range of responsibilities with many opportunities for your development. You will act as main contact for the local accounting departments and will be responsible for supporting and providing guidance for IFRS 17 to local accounting departments (International Offices) and act as a main contact within the IFRS 17 closing process.

Within our hybrid working model you will report to your Head of Section within our Global Life Accounting Department.

Your Job

• Establishing close ties with International Offices and provide high quality accounting support
• Coordinating the accounting part of the IFRS 17 closing process within the Life & Health segment in close collaboration with the local accounting departments
• You act as a main contact for all questions regarding IFRS 17 and as an interface towards other central finance functions
• You dig deep into IFRS 17 results, performing in-depth analyses and dedicated quality assurance controls.
• Development, enhancement and enforcement of the Life & Health accounting work instruction framework, including the quality assurance (QA Essentials) framework for IFRS 17
• Fostering strong team relationships by being approachable and supportive, effectively delegating tasks, and assisting the team with day-to-day activities to ensure a collaborative and productive work environment

Your Profile

• University degree in a quantitative field; minimum of three years of professional experience in the finance department
• Deep accounting knowledge within the IFRS 17 accounting standard
• SAP-FPSL knowledge is a plus
• Very good command of written and spoken English
• Distinct willingness for change and overcoming obstacles with high team spirit and enthusiasm
• Excellent analytical skills, good problem-solving abilities and conceptual skills combined with an ability to explain complex interrelationships in an understandable way

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 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.

Münchener Rückversicherungs-Gesellschaft
Vesselina Markova
Talent Acquisition Partner