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  • Posted: Aug 1, 2023
    Deadline: Not specified
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    The foundation of Munich Reinsurance Company in 1880 is largely due to the efforts of Carl Thieme. It is also Thieme who stated that: "By its nature, reinsurance needs to be international". He consistently follows his conviction by putting the company on an international footing from the very start. He establishes a business model whose essential f...
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    Non-Life - RIA - Client Accountant - French

    You will provide reinsurance accounting and claims services to Munich Re clients and support the accounting operations within the RI CFO unit. This requires efficient management of a reinsurance accounting and claims portfolio, which includes verification, processing, analysing, coordinating and administering technical accounting and claims transactions for all natures of contracts and all lines of business:

    Your Job:

    • Check, post, and analyse reinsurance statements of account for reinsurance business.
    • Process deposits.
    • Handle reinsurance facultative business.
    • Independently handle claims from our treaty and facultative business.
    • Process relevant large-loss notifications.
    • Check and post reinstatement premiums.
    • Coordinate and handle broker business.
    • Perform credit control activities.
    • Administer payment transactions (incoming and outgoing, including compliance with any financial sanctions and current account management.
    • Handle treaty maintenance (accounting/claims-related issues).
    • Work with internal and external clients to successfully bring reinsurance accounting and claim matters to a conclusion.
    • Support cross-unit working groups and initiatives.
    • You will be the point of contact for external clients (cedants, brokers, auditors, etc.).
    • Work constructively with Claims Management, RIA Life, ALM, the regional offices (International Organisation) and with Underwriting & Client Management Colleagues as and where applicable.
    • Check the posted statements of account for completeness and accuracy (comparison with FS-RI treaty data).
    • Ensure that the loss portfolio is correct from a business perspective in the work area.
    • Monitor and track KPIs in the work area.
    • Reconcile balances with clients.

    Your Profile:

    • Graduate finance, accounting, insurance or completed relevant apprenticeship.
    • Relevant experience (2 years) of primary insurance or reinsurance.
    • Knowledge of the principles of accounting.
    • Comfortable in MS Excel and good IT skills.
    • Professional working proficiency in English and French.

    Method of Application

    Interested and qualified? Go to Munich Re on munichre-jobs.com to apply

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