Munich, DE
Junior External Reinsurance Accountant (m/f/x/d)
Are you an aspiring finance professional with a passion for reinsurance? Join our dynamic External Reinsurance team where you'll develop specialized accounting skills while contributing to global financial operations. This role offers an exceptional opportunity to build your career at the intersection of finance and reinsurance in a collaborative, innovative environment.
About the Role
As a Junior External Reinsurance Accountant, you'll support critical financial processes while developing expertise in reinsurance accounting. You'll work with experienced professionals who will mentor you as you take on increasing responsibility in managing treaty and facultative reinsurance contracts.
Key Responsibilities
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Assist in creating statements of accounts and claim recoveries for our reinsurers and brokers
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Calculate and account for payables and receivables of treaty and facultative reinsurance contracts under supervision
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Assist in setting up new reinsurance contracts and help monitor existing reinsurance contracts
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Collaborate with various internal functions and support interactions with external clients
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Support monthly and quarterly closing activities and SOP (Standard Operating Procedure) updates
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Participating in process improvement initiatives and help identify opportunities for simplification and automation
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Develop expertise in reinsurance accounting principles and practices through hands-on experience and mentorship
About the Team
The External Reinsurance Team is a dynamic team that owns and manages the External Reinsurance portfolio globally for Swiss Re Corporate Solutions (CorSo). We are part of the Global Controlling Finance Corporate Solutions team and allocated to department International Financial Management (IFM) and Reinsurance.
Our team reviews inwards transactions and identifies, calculates, books, reports and collects the reinsurance assets. We work extensively with Swiss Re CorSo clients and brokers to substantiate our claims and to build productive relationships.
About You
You're an enthusiastic finance or accounting professional early in your career with a strong desire to learn and grow in the reinsurance industry. You have excellent attention to detail, strong analytical abilities, and enjoy working in a collaborative environment where you can develop your skills while contributing to team success.
We are looking for candidates who meet these requirements:
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Education: Apprenticeship and/or Bachelor's degree in finance, Accounting, Business Administration, or a related field
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Experience: 1–2 years in a finance or accounting role; experience in the (re)insurance industry is desirable
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Technical Skills: Strong proficiency in Microsoft Office, particularly Excel
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Languages: Excellent written and verbal communication skills in English and German (or willingness to develop German language skills)
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Personal Attributes: Analytical mindset with attention to detail and accuracy
These are additional nice to haves:
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Strong team player who thrives in collaborative environments and contributes positively to team dynamics
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Ability to build relationships across departments and work effectively with diverse colleagues
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Understanding of reconciliation processes and financial controls
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Ability to work effectively in a global, multicultural environment
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Interest in developing automation skills
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Experience with clients or stakeholder communication in a professional setting
For Germany, the base salary range for this position is between 51,000 EUR and 85,000 EUR for a full-time role.
The specific salary offered considers:
• the requirements, scope, complexity and responsibilities of the role
• the applicant's own profile including education/qualifications, expertise, specialization, skills and experience
In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.
About Swiss Re Corporate Solutions
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.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 136180
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Claims, Accounting, Accounts Payable, Business Process, Finance, Insurance, Management