Senior Accountant, Financial Reporting at Munich RE

Position OverviewThe Senior Accountant, Financial Reporting, supports the Financial Reporting Manager in completing NAIC/US Statutory and Solvency II close activities and filings. This role also oversees the administration and control of key Finance systems, including the SAP Global Template and Blackline. Additionally, the Senior Accountant will drive process improvements by automating manual tasks and maintaining essential reports used in the quarterly close and filing processes.Your Role: NAIC (US Statutory) ReportingPrepare the quarterly statutory filing for our regulator, including cash flow statementPrepare the Annual Statement and supplemental filingsPrepare the audited financial statementsMaintain automated reports that generate key Annual Statement schedules from the ledgerComply with internal control activities associated with the NAIC reporting processSolvency II ReportingCreate the quarterly Solvency II reporting calendar and request listMonitor key Solvency II activity and deliverable deadlinesValidate key components of the Solvency II Economic Balance Sheet (EBS)Analyze quarter-over-quarter movement in the EBSPrepare the quarterly IFRS to Solvency II reconciliationCollaborate with corporate actuarial and risk management teams to prepare/validate key inputs to the EBSPrepare the annual cash results template comparing actual vs. expectedComply with internal control activities associated with the Solvency II reporting processFinancial Reporting Systems & ReportsAutomate manual processesCollaborate with business partners to develop automated reporting solutions for NAIC and Solvency II reportingPerform system administrator & SME functions for SAP GL & BlacklineTroubleshoot SAP & Blackline issuesMaintain general ledger functions including open & close periods, user access setup and termination, account and line of business hierarchiesPerform quarterly report and hierarchy maintenance of key reports utilized by Finance in the close processRun, validate and distribute certain reports to the Parent Company, Finance department or other stakeholdersComply with internal control activities associated with the Finance systems and reports functionYour Profile: Bachelor's Degree in Accounting, Finance or Business3-5 years of accounting experience in insurance or financial servicesPublic accounting experience is a plusExperience with financial systems (SAP, Blackline, etc.) is preferredComfort using and administering accounting systemsSQL automation a plusProficiency in ExcelIFRS and Insurance Statutory accounting experience a plusAbility to handle multiple projects simultaneously by prioritizing tasksExcellent communication, organizational and time management skillsEffectively work in a team environment and on an individual basisHigh degree of attention to detailContinuous improvement mindsetAbout Munich Re Together, we engage with everything we have and are, to help humankind act braver and better.As the world's leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.What Can We Offer You?We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:Comprehensive Medical PlansPTO and Family LeaveRetirement Savings PlansDental and Vision PlansLife and Disability insuranceEmployee Assistance ProgramAdoption AssistanceWellness Programs - Calm, WW, SoFI, Virgin PulseCommuter BenefitsFSA and HSA PlansHospital Indemnity, Critical Illness and Accident PlansPlease note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Apply Now Save job