We are looking for a Reinsurance Accountant to join our dynamic team, where you will have the opportunity to apply your skills in a multicultural and evolving setting.
You will provide reinsurance accounting and claims handling services to Munich Re clients and support accounting operations within the unit. This requires efficient management of a reinsurance accounting and claims portfolio.
Your Role:
Create contracts and maintain treaty and facultative master data
Verify reinsurance statements of account from our clients based on the terms and conditions of the wording and by checking specific calculations
Process the statements of account in our SAP FS-RI systems, including the use of automation tools
Claims creation and processing for treaty and facultative business
Ensure data quality and perform quality checks at contract level
Performing credit control activities (balance confirmation, dunning, reconciliation of accounts and attending to payments) to ensure that the portfolio is kept current
Regular client interactions to strengthen our partnerships, driving an efficient, and client-centric culture
Cooperation and collaboration with the Departments (Underwriters, Client Managers, Facultative Underwriting Assistants) and the Reinsurance Accounting International Organization
Present reinsurance and accounting matters to stakeholders
Participate in challenging projects and working groups globally if applicable
Your profile:
Degree in finance, accounting, risk management, insurance or economics
At least 3 years' experience in Reinsurance Accounting, and Claims Handling
Analytical skills and accuracy in dealing with figures
Self-confident approach combined with a high degree of dedication to working effectively and independently, willing to face new responsibilities
High degree of intercultural competence and team spirit
Professional working proficiency in English
Our Benefits:
Life and Health Benefits
Retirement Benefits
Hybrid working environment
Bonus Scheme
Employee Assistance Program
At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation of our open culture and spirit of partnership. It shapes how our teams are built and cultivated and how we are supported and developed. And at the center of this interaction is each of us. As part of our commitment to opportunity, growth and diversity, preference may be given to candidates in line with our Employment Equity Plan
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