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Accounting Specialist
Zurich Insurance Company Ltd, organizačná zložka
Place of work
Mýtna 48, Bratislava
Mýtna 48, Bratislava
Contract type
full-time
full-time
Wage (gross)
1 400 EUR/monthFinal salary offer depends on your experience and requirements.
1 400 EUR/monthFinal salary offer depends on your experience and requirements.
Information about the position
Job description, responsibilities and duties
Accounting Specialist
The Accounting Specialist is responsible for the reconciliation and settlement process between cedents (fronting company) and reinsurers (Producing Company). In order to be successful at this role solid relationships with cedents and reinsurers have to be built.
The Accounting Specialist functions as link between the Producing Country and the local fronting company in the areas of cash-flow management, reinsurance accounting and back office support.
The role ensures that reinsurance transactions are executed according to the Producing Countries’ requirements and according to the Zurich performance standards, Operating Directives as well as Network Service Centre and Clearing House specific processes.
As Accounting Specialist, your main responsibilities will include:
• Timely deliver correct accounting data for Reinsurance,
• Handle technical accounting for International Programs,
• Handle mismatches between cedents and Reinsurers (intercompany as well as externally),
• Issue payment orders and clears open items with cash,
• Act as human interface between PC’s and Partners and guide partners on premium/invoicing related issues,
• Ensure high quality of information to all parties concerned and liaise closely with IP Operations and Network Management,
• Support Partner Relationship Management by maintaining close day to day contact with peers at the partner offices.
The Accounting Specialist is responsible for the reconciliation and settlement process between cedents (fronting company) and reinsurers (Producing Company). In order to be successful at this role solid relationships with cedents and reinsurers have to be built.
The Accounting Specialist functions as link between the Producing Country and the local fronting company in the areas of cash-flow management, reinsurance accounting and back office support.
The role ensures that reinsurance transactions are executed according to the Producing Countries’ requirements and according to the Zurich performance standards, Operating Directives as well as Network Service Centre and Clearing House specific processes.
As Accounting Specialist, your main responsibilities will include:
• Timely deliver correct accounting data for Reinsurance,
• Handle technical accounting for International Programs,
• Handle mismatches between cedents and Reinsurers (intercompany as well as externally),
• Issue payment orders and clears open items with cash,
• Act as human interface between PC’s and Partners and guide partners on premium/invoicing related issues,
• Ensure high quality of information to all parties concerned and liaise closely with IP Operations and Network Management,
• Support Partner Relationship Management by maintaining close day to day contact with peers at the partner offices.
Requirements for the employee
Candidates with education suit the position
University education (Bachelor's degree)
University education (Master's degree)
University education (Master's degree)
Language skills
English - Upper intermediate (B2)
Personality requirements and skills
As Accounting Specialist, your skills and experience will ideally include:
• At least 2 years of experience in Accounting
• Business degree in business finance or equivalent
• Insurance or Reinsurance experience within international environment (preferred)
• Good accounting knowledge in respect of Sub-Ledger (SAP FSCD) and General-Ledger (SAP)
• Strong MS Excel knowledge
• Strong verbal, written and presentation skills
• Good communication, organisational and analytical skills
• Highly motivated individual with a hunger to learn
• Used to work under pressure
• At least 2 years of experience in Accounting
• Business degree in business finance or equivalent
• Insurance or Reinsurance experience within international environment (preferred)
• Good accounting knowledge in respect of Sub-Ledger (SAP FSCD) and General-Ledger (SAP)
• Strong MS Excel knowledge
• Strong verbal, written and presentation skills
• Good communication, organisational and analytical skills
• Highly motivated individual with a hunger to learn
• Used to work under pressure
Advertiser
Brief description of the company
Zurich Insurance Company Ltd is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. Zurich Bratislava is a Slovakia-based Competence Center for highly specialized services in the areas of Life and non-life actuarial, risk management, business intelligence, IT application development and service management as well as insurance network. An international workforce of close to 300 colleagues is supporting Zurich’s Corporate Center and Business Units around the globe.
Number of employees
250-499 employees
ID: 4036691
Posting date: 21.4.2021
2021-04-21
location: Bratislava Position: Accountant Company: Zurich Insurance Company Ltd, organizačná zložka
Basic salary component (gross): 1 400 EUR/month