Reinsurance Cost Analyst

Place of work
Contract type

Information about the position

Job description, responsibilities and duties

About the role

Reinsurance Cost Management team support and drive the direct and full cost planning, reporting and projection processes within Reinsurance in close cooperation with the cost centre heads, Divisional Operations Officers and Division Heads as well as RE CFO and COO.

Standard tasks include aggregation, structuring, analysis and commenting of cost data. Building on that, the role includes the constructive challenging of cost budgeting and cost management with Reinsurance Divisions as well as close partnering with the counterparts on a Group level. RE Cost Management team provides both standard and ad-hoc cost analyses and presentations for the management at BU Reinsurance as well as at Divisions level.

As Cost Analyst, the successful candidate has opportunity to assist in the consolidation of the Divisional reporting and analysis at a BU Reinsurance level, but also to be responsible one of RE Division and act as Divisional Cost Partner.

Besides consolidation of the divisional reporting and analyses at a BU reinsurance level, s/he will be asked to assist in Strategic Initiative analysis, journal entry processing, reporting and control. They will be required for specific tasks such as T&E reporting and top spender analysis. Ad hoc reporting and analysis is also a component of this role. As required, s/he may support projects and be required to analyse and assist in new reporting and analysis.

As Divisional Cost Partner, the successful candidate is expected to ensure end-to-end alignment with regards to the usage of data originating from the cost management processes for the Division which he/she is covering. Analysis will require not only direct costs of the divisions he/she is covering, but full costs as well and ensuring proper control and allocation of indirect costs. This role will interact with DOOs, department heads and strategic initiative owners and thus, ability to interact with senior managers across functions is a component of this role.

Key Accountabilities:
•Support annual direct and full cost planning and alignment processes
•Provide monthly direct cost actuals reports, run quarterly direct cost projection processes
•Provide services to internal customers (ad-hoc analyses, presentations, stakeholder consulting in cost planning and management)
•Manage and align cost relevant Master Data with a view to continuous optimization of processes and providing relevant information to support managerial decision-making
•Perform value added analysis to enhance transparency and to create productivity
•Become an expert in the multiple systems being leveraged for cost transparency

Basic wage component (gross) and other rewards

Minimum salary from 1500 EUR gross/month/full time and other rewards. Our offer to you may be higher based on your experience.*

Requirements for the employee

Candidates with education suit the position

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

Language skills

English - Upper intermediate (B2)

Other knowledge

Microsoft Excel - advanced

Personality requirements and skills

About you

•University degree or diploma in controlling/finance or equivalent
•Minimum 2 years' experience in related field
•Ability to deal with confidential and/or highly sensitive data
•Ability to work in a fast paced and changing environment. Be flexible
•Self-motivated, pro-active and client focused mentality
•Technical and analytical excellence incl. strong MS Excel skills. PowerPoint skills preferred.
•Above average financial acumen
•Attention to detail and accuracy in delivery
•Stature and confidence to interact at Senior Management level
•Excellent social skills (communication, leadership, persuasiveness, team orientation)
•Strong influencing, interpersonal and intercultural skills
•Ability to multitask
•Creative thinking with proven ability to be able to translate ideas into practical solutions
•Ability to work independently and make decisions/priorities in the face of complexity, conflicting pressures and ambiguous circumstances
•Functional knowledge of Swiss Re business and departments

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.


Brief description of the company

As the world's leading reinsurance company, Swiss Reinsurance Company, based in Zurich, Switzerland, we specialize in covering concepts in capital and risk management.
We combine financial strength with experience, knowledge and creative thought to exploit new opportunities in the interests of our clients, staff and shareholders. Opportunities for you. Opportunities for us.

Number of employees

1000 an more employees

Company address

Swiss Re Management AG
Mlynske nivy 12
821 08 Bratislava


Contact person: Phillip Stubna

ID: 3570203   Dátum zverejnenia: 12.4.2019   Základná zložka mzdy (brutto) a ďalšie odmeny:   Minimum salary from 1500 EUR gross/month/full time and other rewards. Our offer to you may be higher based on your experience.*