New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. As a company within the Munich Re Group, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of intelligent reinsurance products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty products. Our clients highly appreciate our swift and pro-active approach when responding to their needs and market developments.
To strengthen our Business Support Unit team (BSU), we are looking for a Specialist with an ability to understand complex reinsurance products/structures. Reporting to the Head of BSU, you will become part of a motivated team that takes pride in a collaborative and flexible work mode that is based on trust and dedication/support.
Your responsibilities
- Manage a Non-Life reinsurance portfolio, ensuring accurate and timely execution of treaty administration, technical accounting, claims handling and cash management activities
- Maintain a high level of expertise in reinsurance accounting processes and provide reliable support to internal and external stakeholders
- Coordinate and deliver data and documentation required for external audit activities
- Actively participate in the quarterly closing process, ensuring compliance with regulatory and reporting requirements
- Support financial reporting activities and contribute to the quality and accuracy of financial statements
- Provide administrative support to the team and contribute to the efficient operation of the department
- Continuously develop technical knowledge of reinsurance business, accounting standards and regulatory requirements
Your Profile
- Experience in Non-Life reinsurance accounting with a sound understanding of technical accounting, reinsurance processes and products
- Strong numerical and analytical skills with a high level of attention to detail
- Good technical flair and the ability to learn and work with specialized systems and reporting tools
- Knowledge of IFRS 17 in insurance or reinsurance environment is a plus
- Proactive and collaborative team player with strong interpersonal and communication skills and willingness to share knowledge
- Ability to build effective working relationships with internal and external stakeholders
- Flexible, Independent, structured and reliable working style with a high degree of accuracy
- Valuing and promoting an inclusive working and learning environment
Your future benefits
Our employees are our greatest asset. We therefore offer them a wide range of benefits and a modern working model appreciating its positive impact on our business achievements and personal wellbeing:
- Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better
- Compensation: our commitment to equal treatment of all employees is reflected in our pay practice that has been awarded the attestation for equal pay by Willis Towers Watson (following the Swiss Federal Act on Gender Equality)
- Work-life balance: promoting the compatibility of family and work throughout flexible hybrid working model
- Continuous learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
- Health management: focus on your physical and mental health far beyond legal requirements
To learn more about us, check out www.newre.com. If you embrace challenges and want to grow with our customers and partners, we look forward to receiving your application.