(Senior) Financial Accountant - IFRS 17(m/w/d)

Company

Munich Re

Location

Munich , Germany

Reinsurance Accounting (RIA) timely provides 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, value open communication and are eager to actively help shaping the RIA of tomorrow.

Withing this dynamic environment, the GPO LH Team – IO Collaboration and LH Accounting Guidance (RIA 1.5.3) is responsible for the interface to the international Life and Health accounting departments, providing accounting support and holding an oversight function for the local technical accounting processes.

We are seeking for a qualified and dedicated professional to strengthen our team. As Senior Financial Accountant or Financial Accountant IFRS 17 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, supporting and providing guidance for IFRS 17 towards local accounting departments (IO) 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.

The position can be filled as Senior Financial Accountant or Financial Accountant dependent on your level of experience and seniority.

Your job

• Establishing close ties with the IO and providing high quality accounting support
• Coordinating the accounting part of the IFRS 17 closing process within the LH 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 and valuation departments.
• You dig deep into IFRS 17/SAP- FPSL results, perform in depth analysis and dedicated quality assurance steps and support adjustment bookings.
• Development, enhancement and enforcement of the LH accounting work instruction framework, including quality assurance (QA Essentials) framework regarding 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

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position 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 equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft

Vesselina Markova | HR Consultant

Königinstraße 107 | 80802 München | GERMANY