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Reinsurance Accounting Specialist (possibility of remote work)

Zurich Insurance Company Ltd, organizačná zložka

Information about the position

  • Place of work: Remote work
  • Basic wage component (gross) and other rewards: 1 700 EUR/monthMinimal guaranteed bottom limit. Final salary offer depends on your experience and requirements.
  • Contract type: full-time

Job description, responsibilities and duties

The Reinsurance Accounting Specialist is responsible for the reconciliation and settlement process between cedents (fronting company) and reinsurers (Producing Company). In order to be successful at this role solid relationships with cedents and reinsurers have to be built.
The Accounting Specialist functions as link between the Producing Country and the local fronting company in the areas of cash-flow management, reinsurance accounting and back office support.
The role ensures that reinsurance transactions are executed according to the Producing Countries’ requirements and according to the Zurich performance standards, Operating Directives as well as Network Service Centre and Clearing House specific processes.
 
As Reinsurance Accounting Specialist, your main responsibilities will include:  
  • Timely deliver correct accounting data for Reinsurance,
  • Handle technical accounting for International Programs,
  • Handle mismatches between cedents and Reinsurers (intercompany as well as externally),
  • Issue payment orders and clears open items with cash,
  • Act as human interface between PC’s and Partners and guide partners on premium/invoicing related issues,
  • Ensure high quality of information to all parties concerned and liaise closely with IP Operations and Network Management,
  • Support Partner Relationship Management by maintaining close day to day contact with peers at the partner offices.

Employee perks, benefits

Working time benefits
Personal days off, Concentrated work week, Additional vacation, Home office, Extra days off at occasion of childbirth, Sabbatical leave 

Monetary benefits
Life insurance from Zurich Austria, Compensation for salary loss during sick leave, 3rd pension pillar contribution, Risk Life Insurance, Meal contribution on top of the legally required minimum, Years of service bonus, Wedding bonus, Baby bonus 

Other benefits
Edenred electronic cafeteria, Public Transport contribution, Maternity leave benefits, Company and team events

Learning/Development
Professional Certifications, Online Education Portals, Extensive Onboarding program, Strengths based culture (GALLUP) 
  • Location(s): Bratislava or Kosice co-working space
  • Remote working: Yes (Slovakia based), if possible we would like to meet with you more often in the few first weeks
  • Schedule: Full-time or shortened work schedule (We can provide 75% up to 100%)

Requirements for the employee

Candidates with education suit the position

University education

Language skills

English - Upper intermediate (B2)

Number of years of experience

2

Personality requirements and skills

As Reinsurance Accounting Specialist, your skills and experience will ideally include: 
  • At least 2 years of experience in Accounting
  • Business degree in business finance or equivalent
  • Strong MS Excel knowledge
  • Strong verbal, written and presentation skills
  • Good communication, organisational and analytical skills
  • Highly motivated individual with a hunger to learn
  • Used to work under pressure
Nice to have:
  • Insurance or Reinsurance experience within international environment (preferred)
  • Good accounting knowledge in respect of Sub-Ledger (SAP FSCD) and General-Ledger (SAP) 

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Brief description of the company

Zurich Insurance Company Ltd is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. Zurich Bratislava is a Slovakia-based Competence Center for highly specialized services in the areas of Life and non-life actuarial, risk management, business intelligence, IT application development and service management as well as insurance network. An international workforce of close to 300 colleagues is supporting Zurich’s Corporate Center and Business Units around the globe.

Number of employees

250-499 employees