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Junior Account Analyst IFM
Place of work
Mlynské nivy, Bratislava
Mlynské nivy, Bratislava
Contract type
full-time
full-time
Wage (gross)
From 1 100 EUR/monthMinimum 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. *
From 1 100 EUR/monthMinimum 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. *
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. 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.
About the Team
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
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.
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. 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.
About the Team
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
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.
Information about the selection process
*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 are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
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)
University education (Master's degree)
Language skills
English - Upper intermediate (B2)
Personality requirements and skills
About You
-University graduate with primary or higher degree (or equivalent), preferable in inance/accounting/economics and with at least 1 year of relevant working experience in insurance/reinsuranceo
-Previous Insurance Technical Accounting experience desirable
- 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
-University graduate with primary or higher degree (or equivalent), preferable in inance/accounting/economics and with at least 1 year of relevant working experience in insurance/reinsuranceo
-Previous Insurance Technical Accounting experience desirable
- 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
Advertiser
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: 3936892
Dátum zverejnenia: 28.8.2020
2020-08-28
lokalita: Bratislava Pozícia: Accountant, Financial Analyst Spoločnosť: Swiss Re
Základná zložka mzdy (brutto): 1 100 EUR/month