Zurich, ZH, CH


Senior Reporting Professional 

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.


About the Team

Financial Accounting Technical has ownership of sub-ledger accounting and closing for Property and Casualty (P&C) and Life and Health (L&H) covering all valuations and related reporting deliverables, including traditional and non-traditional business, gross and retrocessions.


Where we add value

  • We offer advice on technical matters for traditional and non-traditional business, large transactions, and internal and external retrocessions.
  • We ensure financial accounting technical output follows the requirements of any relevant accounting policy on its required reporting timeframe.
  • We produce accurate and timely accounting data P&C and L&H for all carriers globally.
  • We report in line with Group guidelines and carrier mandates.
  • We transform accounting technical data into accurate financial reportable format.
  • We understand and provide business insights and perspectives to our clients, complementing our financial statements.


Job description

Financial Reporting responsibility for technical P&L and Balance Sheet accounts in all different accounting frameworks (Economic Value Management - EVM, US General Accepted Accounting Principles - USG, Statutotry reporting -  STAT, Swiss Solvency Test SST, European solvency framework SII). Analysis of the movements, aggregation of accounting technical & business analysis and explanation to internal clients / stakeholders. Role demonstrates expert knowledge of accounting treatment of underlying P&C and L&H products, external and internal transactions in a multi-valuation environment. Combines methodology with business knowledge.


Attributes required

  • Experience in similar role or industry
  • Assumes full responsibility for complex tasks, processes or entities; manages stakeholders relevant to the area of responsibility independently; reviews and/or coordinates work of others; contributes to projects or leads smaller projects.
  • Able to handle complex and confidential information appropriately; awareness of risks in the area of responsibility; executes controls as designed; contributes to process and control improvements.
  • Proposes and implements changes/improvements to tasks and processes in own team or across teams.
  • Self motivated and independent; able to work under pressure and meet deadlines;   applies analytical skills to resolve complex/unusual /ad hoc queries.
  • Strong communication (English) written and spoken; steers communication across teams and locations.
  • Demonstrates commercial awareness in daily service provision and projects. Challenges non-standard processes and strives for efficient solutions that effectively meet client needs. Understands the business context and adapts deliverables to changing business requirements.


Key skills, knowledge, qualifications & experience

  • University graduate with a primary or higher degree (or equivalent), preferably in economics/finance/accounting/engineering/computer science
  • 1-3 years relevant professional experience
  • Previous experience in Economics or Finance desirable
  • Experience within the non-life insurance industry is an asset
  • Excellent command of English (spoken and written)
  • Strong MS Office (especially Excel) skills required, Access database, SAP and scripting languages desirable
  • Eagerness to learn EVM and finance reporting experience (if not already available). Aptitude to swiftly understand and grasp complex concepts and subjects
  • Ability to support relevant project work as required
  • Team player with strong communication and interpersonal skills

  • Stress resilient, with the ability to work independent

  • Able to perform tasks with a high degree of autonomy, while partnering closely with all relevant stakeholders.

  • Demonstrate personal accountability for area of responsibility


Additional information

As a key member of the team, we are looking for a highly motivated individual who will support, and with time take over, EVM financial reporting tasks and activities for the Business Unit Reinsurance.

You should ideally have an understanding of Swiss Re's EVM concept and traditional re(insurance) business, which will allow you to analyze and explain deviations in financial results. A key responsibility will be to drive the quarterly reporting process and ensure timely preparation of high quality deliverables and engaging with and managing various business partners and stakeholders, including senior management. You will also support key initiatives and projects, including financial reporting IT developments and accounting standards developments.