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Junior Account Analyst IFM

Swiss Re

Information about the position

  • Place of work: Mlynské nivy, Bratislava
  • Basic wage component (gross) and other rewards: From 1 300 EUR/monthThe minimum gross monthly base salary for this role is 1300EUR full time. Our final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group. You can look forward to extra rewards and benefits including an attractive performance-based bonus.
  • Contract type: full-time

Job description, responsibilities and duties

About the Role

The mandate of the International Financial Management team is to technically account for international programme policies RI transactions, thereby ensuring compliant and efficient risk transfers and cash flows between Producing/Local Offices, Network Partners, the Central Pooling Carrier and External (Co-)Reinsurers.

The Team is also responsible for reporting, analytics and commentaries regarding International Business, including monthly aged debt reports, monthly premium flows by Producing Office, and consolidation of accounts by client programme.

The International Business Financial Management Team's main customers are:

Corporate Solutions and Network Partner Local Offices worldwide

Corporate Solutions Producing Offices

External brokers and insureds

Finance Corporate Solutions

Reinsurance partners

As a Junior Account Analyst, you will be involved in the following activities:

data verification and processing of client financial transaction in line with contractual arrangements

the reconciliation of both Produced premium and local offices premium, analysis, and interpretation of accounted balances

a timely and accurate financial management with Swiss Re's Co-reinsurers.

to design and implement a disciplined monthly / annual reporting routine is essential in addition to providing clear performance results for the Primary Lead International Business programmes.

In this role it is required to work within a set framework of processes and guidelines but nevertheless you are going to be asked to make suggestions for improvements

Ideally the candidate will have a good understanding of insurance technical accounting principles as well as basic understanding of International insurance programmes. The role will liaise with the Producing and local office teams, Corporate Solutions Finance, and other functional areas as needed.

Your main responsibilities are:

Book, perform a monthly reconciliation and settle technical accounts (premium, commissions, fees, claims payments) to and from pooling carrier for skeleton technical bookings and reinsurance transactions.

Produce monthly co-reinsurance statement of account.

Resolve reconciliation findings (Co-reinsurance) with the respective functions – internal/external

Monitor and report open balances


Assist in announced internal/ external audit

Contribute to team effort by assisting other team member when necessary.

Perform other duties as assigned.

Information about the selection process

*We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re.

We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.

Requirements for the employee

Candidates with education suit the position

University education (Bachelor's degree)
University education (Master's degree)

Language skills

English - Upper intermediate (B2)

Personality requirements and skills

About You


University graduate with primary or higher degree (or equivalent), preferable in finance/accounting/economics and with at least 1 year of relevant working experience in insurance/reinsurance

Previous Insurance Technical Accounting experience desirable

Key skills and knowledge

Excellent analytical skills with the ability to deliver quality output to short deadlines and manage details without losing sight of the "big picture"

Strong communication skills, in particular ability to summarize complex technical issues to a non-expert audience, both written and verbal

Capable of building trust with all areas of the business in particular with the Primary Lead teams Consolidation and regional Technical Accounting teams, regional Operations teams

Proficiency in Word and Excel

Excellent command of English (spoken and written)

Excellent interpersonal with demonstrated ability to work well and build trust with others

Experience in insurance and on personal accountability for areas of responsibility

Stress resilient, with the ability to work independent


Brief description of the company

As the world's leading and most diversified global reinsurer, we offer as our core business financial services products that enable risk taking essential to enterprise and progress. Our company was founded in Zurich, Switzerland in 1863, and operates in more than 25 countries and provides its expertise and services to clients throughout the world. We combine financial strengths with experience, knowledge and creative thought to explore new opportunities in the interests of our clients, staff and shareholders.

Number of employees

1000 and more employees


Contact person: Natalia Zemkova