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Bratislava, SK

Divisional Cost Partner


About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Life Capital is Swiss Re's gateway into the primary insurance market. As a key part of the company's strategic growth plan, we are entering attractive new Life & Health and Property & Casualty risk pools and creating simple and transparent digital propositions that help boost the business of our partners.

We support and incubate entities in the B2B2C primary business as well as B2B corporate business. We do this by providing freedom and resources to our entities in order to grow their businesses with the help of cutting-edge underwriting technology and outstanding customer service capabilities.

Life Capital offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role


This is an opportunity for you to join a team in the early stages of its development. We are looking for a hardworking individual, who can bring knowledge and an enthusiastic 'can do' attitude to our team. The IptiQ Division, through its Operating Entities provide access to attractive and growing primary risk pools.


We are now recruiting a Divisional Cost Partner with an accounting background, passionate about being involved in the growing business unit.


In this the role you will be able to apply your accounting and reporting know-how into the expense management of our IptiQ business in Asia. You will work closely with Chief Financial Officer, your finance colleagues, and the functional heads in the business. You will also develop your understanding of different valuation principles (US GAAP, Statutory and EVM) and respective internal and external reporting requirements.



Main tasks:

Business partnering and decision support

  • Advise the IptiQ Asia management function on the financial base of the function, interpreting, analysing and driving performance
  • Identify cost optimisation opportunities leading to the overall improvement of the cost base of the function
  • Facilitate discussion and decision outcomes through the management of meetings and the provision of concise, well presented decision support analysis


Planning, forecasting and monthly variance process

  • Support management in creating a bottom up, driver based 1- and 3-year expense plan which aligns to the top down constraints provided by management
  • Provide a forward-looking view of performance through forecasting, analysing expense drivers and identifying risk and opportunities
  • Identify both headcount and financial variance to plan and forecast providing business level explanation of these variances
  • Support functions in identifying action plans to resolve variances
  • Work with the Cost Controller to ensure expense projections are loaded correctly into the Swiss Re reporting and planning systems
  • Collaboration with local finance for month end and quarter end close cycle
  • Partnering with the relevant managers on intra group cost allocation production and analysis
  • Support and develop ad-hoc business financial analyses and conduct reviews with function heads
  • Provide ad-hoc project support to the functions, including financial input to business cases, impact on the expense performance etc.
  • Position acts with a high degree of autonomy & discretion within the delegated authority
  • Ad hoc tasks as required by your line manager and senior management


About the Team


We are newly established Finance Accounting & Reporting team of 8 finance professionals in Bratislava. We are responsible for the quarterly financial closing for US GAAP, EVM and our statutory valuations for our legal entities. In addition, we also contribute to the financial planning and analysis of the entities, providing quality management information for reporting and decision making, both historic and forward-looking projections. We also contribute to several development projects.       


About You


  • Accounting knowledge through a relevant qualification
  • Experience in a finance department
  • Experience in producing management reports
  • Accounting and Reporting systems including data entry, journal preparation, monthly reconciliations and the extraction of reports
  • Understanding and production of Income statement and Balance sheets
  • Ability to work within an appropriate control environment
  • Communicate effectively at all levels, including written and oral presentation, engaging partners as appropriate
  • Demonstrate good organisational skills, with an analytical and structured approach to work
  • Work well in a team or independently and involving others appropriately in the business
  • Computer-literate with excel and operating systems knowledge




Minimum base salary for this job is from 1500 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 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.


Reference Code: 92983