Finance Manager Life Capital

Place of work
Mlynské nivy 12, Bratislava
Contract type
full-time
Wage (gross)
Minimum base salary for this job from 2500 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*

Information about the position

Job description, responsibilities and duties

• Ensuring that Intra Group transactions (IGR) are reported in a timely and efficient manner
• Reviewing IGR figures and ensure IGR accounting is consistent, accurate and complete
• Reviewing of all requests for IGRs (new, renewal, changes)
• Coordinating the process for BU Life Capital IGRs and port of call for stakeholders
• Storage of all IGR documentation, in particular respective approvals and contracts
• Assessing accounting issues and operational readiness for the execution of the IGR
• Identifying and implementing improvements to the current process
• Supervising, training and developing local finance teams on IGR process
• Providing analysis and accounting advice on business transactions and projects
• Development of reports and analysis, for advice and monitoring.
• Governance and documentation of the tasks you own
• Establishing a network with finance teams, actuarial and other partners
• Responding to queries in an efficient and professional manner
• Handling own workload effectively to achieve agreed service/ business standards
• Supporting on any other close activities and ad hoc work or projects

About the team:
The Life Capital Reinsurance Finance team is responsible for the quarterly financial closing for US GAAP, EVM and our statutory valuation for our legal entities in Europe. The core role is the closing of the technical sub ledgers for all relevant valuations which includes external and intra-group business, in addition to the closing of the general ledgers.

In addition the team also contributes to the financial planning and analysis of the entities, providing quality management information for reporting and decision-making, both historic and forward looking projections, as well as a contributing to a number of development projects.

We are now looking for a Finance Manager with an accounting background across both Life and Health and Property and Casualty business, passionate about being involved in the growing Life Capital business.

Your primary responsibilities will be accounting advice and interpretation with a focus on operational accounting advice specifically regarding the inward and outward retrocessions.

This will include large complex transactions, providing expert advice/reviews on accounting for all valuations, and ensuring that quarterly close activities are handled in a timely and controlled manner.

As the Life Capital IGR Process Manager, you will be responsible for coordinating the IGR approval process, supporting the ceding and assuming entities, and managing and governing the operational process for IGR Governance

Additionally you will support the team in other key activities and ad hoc projects, such as analytics and Annual Reports for SRLC Re, and be involved with specifying and testing improvements to the Life Capital Finance system landscape

Requirements for the employee

Candidates with education suit the position

University education (Bachelor's degree)
University education (Master's degree)

Language skills

English - Upper intermediate (B2)

Personality requirements and skills

• Bachelor’s degree and qualification in Accounting/Finance; and 5 years related experience, in a reinsurance/ insurance environment
• Knowledge of Accounting standards (US GAAP, local Stat)
• Knowledge of insurance and reinsurance products and features
• Strong analytical skills
• Ability to work in a structured, organised way and to effectively document processes, analysis and decisions.
• Proven business sense with ability to offer solutions to streamlining and improving processes
• Proven organizational and time management skills; ability to handle multiple priorities
• Ability to set priorities and keep set deadlines
• Effective written and oral communication, with an ability to communicate at different levels
• Proven interpersonal skills for work internally across departments, as well as with partners and team members
• Strong technical PC skills, including Word, Excel, Powerpoint
• Strong decision making skills

*We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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Brief description of the company

As the world's leading and most diversified global reinsurer, we offer as our core business financial services products that enable risk taking essential to enterprise and progress. Our company was founded in Zurich, Switzerland in 1863, and operates in more than 25 countries and provides its expertise and services to clients throughout the world. We combine financial strengths with experience, knowledge and creative thought to explore new opportunities in the interests of our clients, staff and shareholders.

Number of employees

1700 and more employees

Company address

Contact

Contact person: Lucia Vargova

ID: 3427686  Posting date: 31.5.2019  Basic wage component (gross) and other rewards: Minimum base salary for this job from 2500 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*