Technical Accountant I
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 organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group's overall mission.
About the Role
This position is responsible for the accurate and timely administration of any assumed individual life or health products and related retrocession treaties for assigned client companies. With both ad hoc data analysis tools and Swiss Re reinsurance administration systems the incumbent performs reasonableness checks for both premium and policy data quality and manages cash allocations and disbursements. Where applicable, they are responsible for booking policy level data for use by Actuarial Management (AM), Inforce Management (IFM) and Finance for purposes of regulatory & financial reporting along with managing the overall inforce block of business. Incumbent creates and maintains policy master information, where applicable, and assures treaty compliance on all records and reports, including inputs to the management of Swiss Re's retention. Incumbent supports the Claim Process through building of claim skeleton records as needed. Incumbent will have contact with clients, and will work with other departments to assist in servicing client accounts. Incumbents at this level may get some exposure to working with the more complex and high profile accounts. Incumbent must be able to work within tight deadlines to meet cash close dates along with recency and key performance indicator targets.
Associate's degree or equivalent experience in an Accounting/Finance related discipline; or 1-2 years related experience, in a reinsurance/ insurance environment
General understanding of reinsurance terms and conditions; demonstrated knowledge of reinsurance types and risk transfer concepts.
Strong math skills
Proven analytical and problem-solving skills. Ability to look at problems or situations from a fresh perspective and suggest creative solutions
Possesses a strong knowledge of computer fundamentals. Takes full advantage of computer programs and automation.
Uses office tools to maximize productivity. (Word, Excel, Power Point and Access). Including the use of pivot tables, vlook-ups, etc. Skill level should be evident from experience and past projects.
Willing to learn new tools/applications and ability to apply knowledge to new situations.
Proven organizational and time management skills; ability to handle multiple priorities within tight deadlines
Self-motivated and willing to volunteer to assist others
Proven interpersonal skills for working internally across departments, as well as with clients.
Demonstrated ability to develop a professional cross functional network of colleagues
Change adaptable. Has an open mind and explores new ideas, different approaches and applying new methods to challenge the status quo.
After initial training period, ability to act independently. Ability to apply training to different situations.