Title:  Consultant - IFRS 17 Cross-Functions Data Management (m/f/d)*

Within Munich Re Group, Reinsurance Accounting provides reliable accounting information to internal and external stakeholders. We support business value creation based on harmonized processes, methods and tools to efficiently lead global operations. We continuously review our operations to improve and optimize our processes and to ensure compliance with the accounting standards. RIA is a global, diverse team of highly motivated experts.

Our IFRS 17 Cross-Functions team in Reinsurance Accounting is responsible for the IFRS 17 data management for our Property & Casualty and Life & Health business globally. The unit interfaces with experts in several accounting, actuarial and controlling functions worldwide. We are coordinating Group-wide IFRS 17 closing and reporting activities. As first point of contact, the team resolves technical questions, applies quality assurance of data and ensures timely and accurate end-to-end processing. The department carries the product ownership for IFRS 17 relevant system components (SAS-, SQL and SAP-based) and manages the respective requirements to develop our system landscape. Additionally, the team is supporting automation initiatives within Reinsurance Accounting by developing and maintaining tools, reports and processes for other teams.

We are seeking a qualified and dedicated professional to strengthen our team in this interesting dynamic international environment.

Your Job

• Developing and maintaining reports/processes to check the data consistency in the entire IFRS 17 chain
• Maintaining and optimizing an automated process for IFRS 17 master data / configuration updates
• Setting up a fully automated IFRS 17 closing monitoring and process monitoring process
• Identifying and supporting the development of automation opportunities in the IFRS 17 environment
• Assisting the centralization of IFRS 17 relevant reporting activities
• Assisting in meeting audit requirements
• Driving automation within Reinsurance Accounting
• Assuming leadership and responsibility for specific topics

Your Profile

• Studied business administration, economics, information technologies, mathematics or a degree in insurance business administration
• Good understanding of data processing, data analytics and data management
• Strong communication skills and ability to interact in a project setup within the reinsurance group
• Excellent command of English; German language skills are an advantage
• Excellent analytical and conceptual skills
• Willingness to accept and implement challenging topics in a dynamic environment
• Power Platform and in particular Power BI (Power Query M, DAX)
• SQL (MDX is a plus)
• Azure DevOps is a plus
• SAS, SAP HANA, SAP BW, R (shiny), Appian, ADF or SAP Analytics Cloud is a plus
• Accounting experience (and especially specific IFRS 17 experience) is a plus

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us 

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

• 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.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

Münchener Rückversicherungs-Gesellschaft
Vesselina Markova • HR Consultant
Königinstraße 107 • 80802 München • GERMANY