Title:  Hedging Operations Specialist (m/f/d)

New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. As a company within the Munich Re Group, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of intelligent reinsurance products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty products. Our clients highly appreciate our swift and pro-active approach when responding to their needs and market developments.

To strengthen our Life Hedging Operations team, we are looking for a strong team player with experience in derivatives. The successful candidate will become part of a motivated and open-minded team that takes pride in a collaborative and flexible work mode which is based on trust and support.

Your responsibilities

• Monitor hedging platform for daily derivatives trading and hedge administrator activities (i.e. trade confirmations etc.) and cover underlying documentation
• Review incoming reporting of reconciliation, settlement and valuation of market index alignments & initiate respective escalation processes
• Perform monthly, quarterly & YE closing procedures in an accurate manner and in line with audit regulations
• Oversee administrative closing process for portfolio bookings and collateral management
• Review and update existing back-office process documentation
• Support additional reporting activities (e.g. to NewRe/Munich Re Group divisions)
• Substitute colleagues and organise own substitution in advance of planned absences

Your profile

• Bachelor's Degree in a related field or equivalent education
• Minimum of 4-6 years’ relevant Middle/Back-office experience
• Advanced skills in MS Excel
• Experienced user of a derivatives management system
• Strong technical, analytical and organisational skills
• Good social and communication skills
• Strong client responsiveness and open to new approaches
• Ability to work independently, reliably and consistently
• Fluent in English, additional German highly preferred

Your future benefits

Our employees are our greatest asset. We therefore offer them a wide range of benefits and a modern working model appreciating its positive impact on our business achievements and personal wellbeing:

• 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
• Compensation: our commitment to equal treatment of all employee is reflected in our pay practice that has been awarded the attestation for equal pay by Willis Towers Watson (following the Swiss Federal Act on Gender Equality)
• Work-life balance: promoting the compatibility of family and work throughout flexible hybrid working model
• Continuous learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Health management: focus on your physical and mental health far beyond legal requirements

To learn more about us, check out www.newre.com. If you embrace challenges and want to grow with our customers and partners, we look forward to receiving yo