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Reinsurance Accounting Analyst

Worldwide Salaried Open

Munich Re is a leading insurance and reinsurance company that seeks to hire a Reinsurance Accounting Analyst to join their diverse team. The role involves processing and reporting inter-company and retrocessional insurance/reinsurance business, ensuring compliance with IFRS 17 requirements, and collaborating with various business units.

Responsibilities

  • Process assigned inter- company and retrocessional insurance/ reinsurance activity
  • Record and clear accounts payable and receivable balances as well as the proper application of cash disbursements and receipts to ensure compliance with IFRS 17 requirements
  • Process payment transactions (incoming and outgoing) in accordance with contract terms
  • Research and reconcile accounting matters related to statements of account
  • Communicate and work closely with other business units across the division and the company as well as affiliated business partners
  • Participate in quarter close processes
  • Participate as needed on special projects

Skills

  • Bookkeeping and/or accounting experience
  • Associate or bachelor's Degree, preferably in Accounting, Finance, Mathematics, Computer Science, Data Science/Analytics or equivalent experience
  • Good interpersonal skills including verbal and written communication, relationship building, and teamwork
  • Strong attention to detail, time management, and decision-making skills
  • Solid math and analytic skills
  • Proficiency with Microsoft Office (Outlook, Word, Excel) which includes the ability to learn new and complex computer system applications
  • Working knowledge of Excel required

Benefits

  • Health insurance coverage
  • An employee wellness program
  • Life and disability insurance
  • 401k match
  • Retirement savings plan
  • Paid holidays
  • Paid time off (PTO)
  • Two options for your health insurance plan (PPO or High Deductible)
  • Prescription drug coverage (included in your health insurance plan)
  • Vision and dental insurance plans
  • Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary
  • Short and Long Term Disability coverage
  • Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children)
  • Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
  • A robust 401k plan with up to a 5% employer match
  • A retirement savings plan that is 100% company funded
  • Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
  • Eligibility to receive a yearly bonus as a Munich Re employee
  • A variety of health and wellness programs provided at no cost
  • Paid time off for eligible family care needs
  • Tuition assistance and educational achievement bonuses
  • A corporate matching gifts program that further enhances your charitable donation
  • Paid time off to volunteer in your community

Company Overview

  • Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions. It was founded in 1980, and is headquartered in Munich, Bayern, DEU, with a workforce of 10001+ employees. Its website is https://www.munichre.com.
  • Company H1B Sponsorship

  • Munich Re has a track record of offering H1B sponsorships, with 1 in 2026, 4 in 2025, 7 in 2024, 2 in 2023. Please note that this does not guarantee sponsorship for this specific role.
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