Junior Financial Analyst (Ref. No.: 85758)

Place of work
Mlynské nivy, Bratislava
Contract type
full-time

Information about the position

Job description, responsibilities and duties

About the Role
The mandate of the International Financial Management team is to technically account for international programme policies RI transactions, thereby ensuring compliant and efficient risk transfers and cash flows between Producing/Local Offices, Network Partners, the Central Pooling Carrier and External (Co-)Reinsurers. The Team is also responsible for reporting, analytics and commentaries regarding International Business, including monthly aged debt reports, monthly premium flows by Producing Office, and consolidation of accounts by client programme.

The International Business Financial Management Team's main customers are
• Corporate Solutions and Network Partner Local Offices world wide
• Corporate Solutions Producing Offices
• External brokers and insureds
• Finance Corporate Solutions• Reinsurance partners

As a Junior Account Analyst, you will be responsible for technical accounting tasks related to assumed reinsurance policies, the reconciliation of both Produced premium and local offices premium, in addition to being responsible for a timely and accurate financial management with Swiss Re's Network Partners and Co-reinsurers. The ability to design and implement a disciplined monthly / annual reporting routine is essential in addition to providing clear performance results for the Primary Lead International Business programmes. Ideally the candidate will have a good understanding of insurance technical accounting principles as well as basic understanding of International insurance programmes. The role will liaise with the Primary Lead team, Corporate Solutions Finance, and other functional areas as needed.

Your main responsibilities are:
• Book, perform a monthly reconciliation and settle technical accounts (premium, commissions, fees, claims payments) to and from pooling carrier for assumed reinsurance NP policies, skeleton technical bookings and reinsurance transactions.
• Produce monthly co-reinsurance statement of account.
• Produce monthly Network partner statement of account.• Resolve reconciliation findings (Co-reinsurance/Network Partner) with the respective functions – internal/external• Monitor and report open balances

Other
• Assist in announced internal/ external audit
• Contribute to team effort by assisting other team member when necessary.
• Perform other duties as assigned.

Basic wage component (gross) and other rewards

Minimum base salary for this job from 1100 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. 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.

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

About You
-Educational/Professionalo University graduate with primary or higher degree (or equivalent), preferable in finance/accounting/economics and with at least 1 year of relevant working experience in insurance/reinsuranceo
-Previous Insurance Technical Accounting experience desirable

Key skills and knowledge
- Excellent analytical skills with the ability to deliver quality output to short deadlines and manage details without losing sight of the "big picture"
- Strong communication skills, in particular ability to summarize complex technical issues to a non-expert audience, both written and verbal
-Capable of building trust with all areas of the business in particular with the Primary Lead teams Consolidation and regional Technical Accounting teams, regional Operations teams
- Proficiency in Word and Excel
- Excellent command of English (spoken and written)o Excellent interpersonal with demonstrated ability to work well and build trust with others
- Experience in insurance and on personal accountability for areas of responsibility
- Stress resilient, with the ability to work independent

*We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We will provide feedback to you via email. If you have not heard back from us, please check your spam folder

Advertiser

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.
Website: www.swissre.com

Number of employees

1000 an more employees

Company address

Swiss Re Management AG
Mlynske Nivy 12
821 08 Bratislava
https://careers.swissre.com/go/Bratislava/2744001/

Contact

Contact person: Sara Sanna

ID: 3757657   Dátum zverejnenia: 9.10.2019   Základná zložka mzdy (brutto) a ďalšie odmeny:   Minimum base salary for this job from 1100 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. 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.