Technical Accountant & Administrator
As a leading global reinsurer, our company provides clients with a diverse and innovative array of reinsurance and insurance solutions to effectively manage and control risk. Embracing "The Art & Science of Risk," we leverage our industry-recognized expertise and cutting-edge financial solutions to serve clients and foster the well-being and resilience of societies in approximately 160 countries worldwide.
Joining our team means collaborating with talented professionals across various disciplines, including actuaries, data scientists, underwriters, and risk modelers. Together, we tackle pressing challenges that affect communities. Our corporate culture is driven by The Company's Way, which is rooted in five core values reflecting contributions from employees at all levels: we care about clients, people, and societies; we perform with integrity; we act with courage; we encourage open minds; and we thrive through collaboration.
Job Description
The Technical Accountant & Administrator is responsible for the administration of insurance and/or reinsurance accounts and contracts. Key responsibilities include establishing and maintaining contractual data, processing account bookings, managing claims, and handling related cash flows. This role also provides support to underwriters in various administrative activities pertinent to the underwriting process.
Your Tasks Will Include:
- Entering and modifying treaty and/or facultative data in accounting and underwriting systems.
- Accurately entering Terms and Conditions (T&C) into the accounting system.
- Reviewing contractual T&C, submitting them to underwriters for signature, and identifying ambiguities or changes.
- Processing accounts and claims advice, verifying discrepancies with underwriters, claim experts, cedents, and brokers.
- Managing an independent portfolio of accounts.
- Resolving issues following established guidelines.
- Actively seeking advice on new challenges and proposing solutions.
- Managing cash flows, including setting up client bank accounts, processing payments, and following up on pending items.
- Performing Internal Control System (ICS) checks and assisting underwriters in these processes.
- Monitoring client accounts and statistics using internal reports, performing data analysis, and supporting stakeholders with periodic reports.
- Ensuring compliance with sanctions and embargoes by vetting lists and escalating concerns to Underwriter/Legal as necessary.
- Maintaining comprehensive filing in the Document Management System (DMS) for underwriting, accounting, and claims documentation.
- Fostering effective communication with clients through participation in meetings and workshops as needed.
- Being accountable for internal and external audit requirements.
What We’re Looking For:
Experience:
- At least 2 years of experience in accounting and underwriting assistance in the reinsurance or insurance industry.
- Proficient in MS Office, particularly MS Excel and Power Query.
- Familiarity with Business Objects is advantageous.
- Experience with Power BI and Tableau is beneficial.
Personal Competencies:
- Solid knowledge of insurance and reinsurance principles, with a desire to enhance expertise.
- Strong analytical abilities and attention to detail.
- Excellent communication and teamwork skills with internal and external stakeholders in both German and English.
- A reliable and responsible approach to work.
- Self-motivated, adaptable, and flexible in response to change.
Education:
- Bachelor’s degree or a completed commercial apprenticeship (preferably in a reinsurance or insurance company) or equivalent.
Apply online using the form below. Please note that only applications matching the job profile will be considered.