Junior Finance Specialist

About the Role and Team
Are you looking for unusual accounting role where you can be in the front seat and see how our business is handled? Then we have an outstanding opportunity for you. Your reinsurance knowledge will grow over time, what we need is your curiosity and open mind!

We are a global team, mainly based in Zurich and Bratislava, taking the responsibility for the End-to-End process for tailor made reinsurance solutions, who is looking for a new colleague to join our Bratislava team.

The role covers the recording of treaty details, determining of earning profiles, calculating cash flows according to pricing information and client agreement, as well as, accounting of client statements including invoicing. On a quarterly basis you would further assist in the analysis and commenting of these transactions.

While this role is primarily supporting Non-Traditional Business activities, you will get wide exposure to our business supporting colleagues with other tasks and activities related to Financial Accounting and Reporting.

Key Accountabilities:
- Gain understanding of all tailor-made business - review of contract, discussion with Pricing, Portfolio Management Group, Actuary, Legal, Group Accounting
- Ensure the transactions are entered in the Financial Ledger in accordance with the deal structure & the US GAAP accounting sign-off (quarterly closing activities including cash flow, earning patterns, reserves, etc)
- Process outgoing payments and receipts related to assigned deals including payment instructions, booking, notifications to clients, follow up on overdue items
- Provide information on Transactions to various interested parties (i.e. business unit controller, claims, actuaries, US GAAP accounting, etc.)
- Ensure control environment is adhered to
- Ad-hoc tasks such as Project work, System enhancement, reports and Analysis
- Perform other position related tasks as instructed by Supervisor