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Location: 

Luxembourg City, LU

 

Policy Accounting and Control - STEP Consultant, iptiQ EMEA (contract until 31 Dec 2020) 

About iptiQ

Become a part of a growing and dynamic entrepreneurial team within the established Swiss Re Group. iptiQ is a start-up unit, established to provide innovative protection solutions directly to consumers. Our team delivers the coordination, infrastructure and competences that are key to driving forward this new business; working closely with our partners and clients. Our mission is to reduce the protection gap by simplifying life insurance and making it more accessible to people. Our motto is "now life is easier for everyone". For us this means making life insurance easier to sell, to buy and to trust.

 

About the team

iptiQ is putting in a new financial system this year and we will look to you as a key member of the specially created project team. With the training, knowledge and support provided, you will help create and drive through solutions that link Finance's insurance sub ledger to the Oracle system. Once implemented, this will be handed over to the Policy Accounting & Control team, with the knowledge you will have built up over the project period.

 

About the role

The team this solution is being developed for will have numerous responsibilities as you would expect; day-to-day operational finance activities as well as accounting, reporting, analytics and commentaries according to accounting policies for Group, Local Branch & Entities, Economic, and Solvency II valuation principles for the Life company. In addition to their day to day roles, you and your industry knowledge will form a key link between the core team and the project, ensuring deliverables meet requirements and that implications of project decisions are understood and shared with the right people.

 

You will be reporting to the CFO iptiQ Life S.A. and undertake project implementation responsibilities to help build the processes the team will use. Together with your team-mates, your responsibilities will relate to the provision of the technical accounting process, and assist with controlling the collation of other reporting teams into the trial balance. The focus of your role initially implementing our systems, will make you a company subject matter expert which will be essential within the team as we continuously grow as a company and look to improve our technical accounting processes that produce accurate and complete trial balances at a Legal Entity, and Branch level in the various reporting GAAPs for the iptiQ Life SA.

 

Further, you will follow and develop processes effectively to ensure compliance with the risk and control framework and audit requirements across all valuations. Due to the project being in flight, candidates that are immediately available would be advantageous.

 

Main customers:

  • Group Finance and iptiQ Financial Reporting Luxembourg, Finance Operations
  • STEP project team
  • CFO iptiQ EMEA

 

Main tasks/activities

  • Join the Oracle project implementation team working with Finance and IT professionals using your experience, analytical and problem solving skills to create efficient and controlled data feeds and processes
  • Work with the insurance sub ledger to Oracle processes, and improving the management of the Third Party Policy Administrator finance and accounting activity, ensuring completeness, accuracy and timeliness of incoming data  
  • Deliver high levels of customer services in dealings with team stakeholders for both the Life company entities across the relevant accounting valuations (US GAAP, Lux stat, EVM, Solvency II, Swiss Stat)
  • Design, support and perform user implementation testing on your areas of responsibility to ensure the ledger is working as planned.
  • Work with other the team members where necessary to help the preparation of timely and accurate data for internal and external reporting
  • Ensure compliance with the risk and control framework and the audit requirements
  • Contribute and support Finance related projects in relation to the Oracle implementation as requested, including on boarding of new deals
  • Perform ad-hoc tasks as required

 

About you

  • Five or more years of work experience in the financial services industry desirable, two of which in the insurance sector
  • University degree in Economics, Science, Accounting or Business Administration
  • Qualification in Accounting and/or Audit desirable
  • Proven history of knowledge regarding statutory accounting policies and regulatory framework
  • Excellent analytical skills with holistic financial thinking
  • Strong communication skills - ability to communicate complex issues in a clear and concise fashion
  • Experience in USGAAP/IFRS desirable
  • Proven PC skills, including Word, Excel, PowerPoint and Access
  • Team player with good communication skills
  • Engaging and motivating

 

We are looking for a talented individual, who can bring expertise with an enthusiastic 'can do' attitude to our team.

 

 

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 provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.


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Reference Code: 88001