Accountant

Munich Re of Malta p.l.c. – Accountant (m/f/d) *

Munich Re of Malta p.l.c. (MRoM) is a subsidiary of the Munich Re Group with a portfolio of more than € 4 billion premium and a corresponding large balance sheet. The book of business stems from group-internal retrocessions and third-party reinsurance in life, health, and non-life from markets all over the world, and is written in close cooperation with various units in the Munich Re Group. MRoM is a fast-growing, extremely efficient company looking for a qualified professional who is initiative-taking to support our Finance Team’s reinsurance accounting activities from 1 June 2026.

The candidate for the Accountant role works in close cooperation with local colleagues and the MR Group supporting departments. This role will focus primarily on reinsurance accounting, general accounting, and other group reporting activities. The Accountant will develop expertise in the IFRS quarterly and annual closing processes and work on process transformation activities as assigned. The accountant will also support general banking and treasury operations, and other activities as assigned.

The successful candidate will be occupying a role that provides an excellent opportunity for development within the fields of treasury, IFRS close, reporting, and reinsurance in a first-class international organization. The individual will regularly be communicating and interfacing with entities around the world. Internal and external training will be supported and provided where required with instances of travel as the need requires and permitted to the headquarters in Munich.

The position is in Malta.

Your job:

• Support IFRS reporting activities, including IFRS 17-related postings, reconciliations, data preparation
• Support quarterly closing activities and financial reporting to the Munich Re headquarters and external local institutions for IFRS and Solvency II, including data preparation and analysis.
• Maintenance of purchase ledger, processing of invoices.
• Carry out cost, general ledger and other accounting duties on various SAP based systems.
• Technical reinsurance accounting, processing statements of accounts.
• Contribute to various compliance related tasks within the Finance department (e.g., updating internal controls, policies, guidelines).
• Support the development of presentation information to help management understand performance results.
• Contribute to process improvement projects as part of the ongoing finance transformation efforts.
• Other general accounting duties in investments, reinsurance, treasury operations, and other topics as assigned.

Your profile:

• University Degree in accounting or an equivalent qualification; ACCA, preferable.
• Big 4 audit experience would be advantageous.
• Strong technical accounting and reporting capabilities particularly related to investments and reinsurance. Intermediate knowledge of IFRS, relevant to insurance companies (e.g., IFRS 9).
• Work experience of 2 years of more in the financial industry, preferably in the insurance and/or reinsurance accounting and reporting area.
• Quick to grasp concepts and inter-relationships between different components.
• Strong quantitative and analytical skills and diligence.
• Ability to work independently, collaborate cross functionally, and work well within a team.
• Assertiveness in a group-wide environment with cross-functional interfaces and stakeholders.
• Fluent business English and ability to communicate with people at all levels.
• Confident personality and positive attitude.
• Proficiency in Microsoft Office tools.
• Willingness to grow, learn and develop technical expertise over time.

For any further information or clarification on this position please do not hesitate to contact Craig Cloete directly at ccloete@munichremalta.com

*DIVERSITY STATEMENT

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the center of this interaction is each of us. We strive to provide a workplace where all our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers with the most innovative products and services. We are an equal opportunity employer.

ABOUT US

Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solutions. As pioneers in risk assessment, we promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high-net-worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.

Munich Re of Malta p.l.c. (C45422) is authorized and regulated by the Malta Financial Services Authority to carry on business of reinsurance in terms of the Insurance Business Act, 1998. The Company’s registered office is situated at Level 4, Whitehall Mansions, Ta’ Xbiex Seafront, Ta’ Xbiex´, XBX 1026, Malta.