Bratislava, BL, SK


Reinsurance Cost Analyst 

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.


Reinsurance Cost Analyst



Job Purpose:

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



Key Skills, Knowledge, Qualifications & Experience:

  • 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



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

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.

Reference Code: 83487