Senior Financial Accountant Life Reinsurance (m/f) 80-100%, limited to 12 months

  • Competitive
  • Zurich, Switzerland
  • Permanent, Full time
  • Zurich Insurance Company Ltd
  • 27 Jun 19
As a Senior Financial Accountant Life Reinsurance you will support the extended project team responsible for the implementation of IFRS17 in Group Re. You will mainly focus on the requirements for the building block approach ("BBA"). We are looking for a professional who brings proven experience in financial accounting and very solid understanding of life (re-)insurance. You are familiar with the relevant IFRS standards. This position is limited to 12 months.
Your Role

As a Senior Financial Accountant Life Reinsurance your main responsibilities will involve:

  • Establish a solution design document for the introduction and implementation of the Building Block Approach in both, our assumed group-internal as well as for the accounting of the retroceded life business.

  • Liaise with relevant parties on Group and country level, such as Life actuaries, the project team, various accounting teams, local reinsurance contacts.

  • Review the Group Chart of Accounts in the area of Life reinsurance, ensure compliance with the Group Accounting Policy and propose changes to the Chart where needed.

  • Improve and elaborate validations to ensure high quality reporting.

  • Understand and close the gaps in the existing accounting framework for the Premium Allocation Approach ("PAA")

  • Presentation of accounting solution to management and team

Your Skills and Experience

As a Senior Financial Accountant Life Reinsurance your skills and qualifications will ideally include:

  • Bachelor degree in business administration or equivalent, degrees in accounting and controlling are preferred

  • More than 10 years of experience in financial accounting
  • In-depth knowledge of Life Insurance and Reinsurance accounting

  • Strong knowledge of IFRS - Swiss statutory is a plus
  • Fluent spoken and written English
  • Experienced in working with multi-functional project teams

  • Proficient use of Microsoft Office, knowledge of SAP FI/CO and SAP BW is beneficial

  • Willing to take ownership, hardworking, persistent, able to work under pressure during peak times, team oriented personality

  • Global thinking to understand the dependencies within a multinational company

  • Strong analytical and problem solving skills

You can find additional information about Zurich as an employer and about the candidate journey on our career site.

Zurich Virtual Tour

Enter the fascinating World of Zurich! Learn more about our company and meet some of our employees personally in our 360° Zurich Virtual Tour.

Who we are

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 170 countries to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee, you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.

Information for recruitment agencies

Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents either via our employees or through our online career portal.

We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.