Life Reinsurance Operations Specialist (m/f/d)

Company
NewRe
Location
Zurich , Switzerland

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.

Reporting to the Head of RI Operations, the successful candidate will become part of a specialized team that is responsible for cross-functional life reinsurance back-office processes, including accounting, reporting and communication aspects. Our reliability and the cooperation with our globally acting market experts, which are specialized in non-traditional life and variable annuities reinsurance solutions, are the keys to our success.

Your responsibilities

• Process statements of account including consistency checks
• Produce booking orders (via upload files) and assist corresponding cash flow monitoring
• Agree and monitor deliverables and deadlines with external & internal stakeholders
• Support quarterly closing processes including controls and other regular reporting activities
• Establish, maintain, improve and document cross-functional accounting and reporting processes

Your profile

• Bachelor’s Degree in a related field or equivalent education
• Minimum of 3 years’ experience of life reinsurance and treaty life-cycle management
• Strong client responsiveness and ability to communicate with clients and stakeholders all over the world
• Knowledge of IFRS17 and IFRS9 accounting standards and the corresponding accounting treatment
• Decent analytical and organisational skills
• Sound Excel knowledge
• Ability to work independently, reliably and consistently
• Team player with good communication skills
• Strong English language skills

Desirable

• Knowledge of local specifics and requirements for US market
• Sound knowledge of SAP FS-RI or similar reinsurance treaty administration system
• Additional software knowledge, e.g. VBA, PowerQuery, PowerBI or R+
• German, French or other language skills

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 employee 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 through out 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.