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Senior Finance Specialist

Swiss Re

Information about the position

  • Place of work: Mlynské nivy, Bratislava, Slovakia (Job with occasional home office)
  • Basic wage component (gross) and other rewards: From 1 700 EUR/monthOur final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group.
  • Contract type: full-time

Job description, responsibilities and duties

Are you looking for an unconventional Senior Accountant position, crossing the border of Finance, Accounting and Reinsurance? Then we have the opportunity for you.

We are a highly specialized team of experts, based in Zurich and Bratislava, taking the responsibility for the End-to-End process of structured reinsurance solutions, which require a personalized accounting treatment following the US GAAP, IFRS and Statutory valuations. Due to the global growth of our activities we are now looking for a new colleague to join us in Bratislava office.

While this role is primarily supporting Non-Traditional Business activities, you will get a wider exposure to our business supporting colleagues with other tasks and activities related to Financial Accounting and Reporting.

The role covers the recording of treaty details, determining of earning profiles, calculating cash flows according to pricing information and client agreement, as well as, accounting of client statements including invoicing. On a quarterly basis you would further assist in the analysis and commenting of these transactions.

Main tasks:
-Gain understanding of all tailor-made business - review of contract, discussion with Pricing, Portfolio Management Group, Actuary, Legal, Group Accounting
-Ensure the transactions are entered in the Financial Ledger in accordance with the deal structure & the US GAAP and IFRS 17 accounting sign-off (quarterly closing activities including cash flow, earning patterns, reserves, etc)
-Process, revise and approve outgoing payments and receipts related to assigned deals including payment instructions, booking, notifications to clients, follow up on overdue items
-Provide information on Transactions to various interested parties (i.e. business unit controller, claims, actuaries, US GAAP accounting, etc.)
-Monitor, revise and keep the portfolio up to date and deliver the results in Quarterly basis
-Ensure control environment is adhered to
-Support for transition from US GAAP to IFRS 17 accounting
-Ad-hoc tasks such as project work, system enhancement, reports and analyses
-Support of colleagues in Financial Accounting and Reporting Activities

Employee perks, benefits

You can look forward to extra rewards and benefits including:
- Attractive performance-based bonus
- Ultra flexible working time in hybrid setup, allowing you to work also from home
- Modern office spaces in attractive location
- 5 additional days of holiday
- Lunch allowance fully paid by Swiss Re
- Referral bonus
- Pension & risk insurance contribution
- Sick days and sick leave support
- Public transport benefit
- Multisport card

Information about the selection process

This job offer is suitable for people who have been impacted by the invasion of Ukraine.

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.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

Requirements for the employee

Candidates with education suit the position

Follow-up/Higher Professional Education
University education (Bachelor's degree)
University education (Master's degree)
Postgraduate (Doctorate)

Language skills

English - Upper intermediate (B2)

Personality requirements and skills

About you:
-Master's degree in Finance, Accounting or Economics preferred
-Minimum of 2 years' experience in a role relevant to Accounting or Financial Reporting, with good understanding of Profit & Loss Statement and Balance Sheet
-US-GAAP and/or IFRS trained accountant, preferably with working experience in insurance and/or banking industry is a plus
-Ability to fluently communicate in English across various groups of people, additional knowledge of German, French, Spanish or Italian is an advantage
-Strong analytical and data management skills
-Ability to understand and adapt fast to complex work-flows and systems
-Ability to set priorities and keep set deadlines
-As this is a senior role, the candidate is expected to be able to work independently and proactively, while maintaining good working relationship with other team members and key stakeholders


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