Location
Bangalore | India
Job description
About The Role
Responsible for complete, accurate & timely production and reporting of numbers under IFRS environment with checks and controls designed to assess Cashflows.
- Responsible for assessing the reasonability and completeness of Delta results (Discount, Risk Adjustment, CSM etc.) under IFRS environment.
- Preparation of Manual adjustment entries under IFRS and USGAAP, STAT and Branch.
- Responsible for complete and accurate production of Late adjustment data to the various databases to meet the needs of Regional Finance and other regions for financial Group and Carrier non-life reporting and Divisional FP&A units.
- Responsible for delivery of non-life reporting requirements to Carrier responsible, compliant with local statutory GAAP.
- Review of quarterly reconciliations (IFRS, USGAAP, Statutory GAAP and Branch)
- Act as contact for any analytical inquiries throughout valuations against different stakeholders including internal and external audit
- Provide guidance on operational implementation of external large transactions (e.g., business
shifts) and ensure quality control of work and business continuity.
- Ensure that the necessary systems/ tools & data are available to support the deliverables and maintain control environment by performing checks, investigating, and cleaning up data
- Ad hoc support in providing expert reports and analysis to our key stakeholders
- Bring in Synergies by in depth understanding of concepts under IFRS and USGAAP.
About The Team Reinsurance Group Finance Division provides accounting and reporting services for Property and Casualty (P&C) segments.
The Accounting and Reporting Production team coordinates and prepares the non-life quarterly financial closings for Reinsurance inward business on IFRS, USGAAP and Statutory reporting submission to the Group.
The Reinsurance Group Finance Division is responsible for the close process. Group Finance Division is responsible for technical P&L and Balance Sheet accounts in IFRS and all economic valuations (EVM, SST, SII). Analysis of the movements, aggregation of accounting technical & business analysis and explanation to internal clients / stakeholders.
About You Qualified Accountant with minimum of 8+ years' experience.
Semi Qualified Accountant with minimum of 10+ years' experience in a role relevant to
Accounting or Financial Reporting, with good understanding of Financial Statements.
- US-GAAP and/or IFRS trained accountant (working experience in Re-insurance
/Insurance would be an added advantage).
- Experience in working in a large multi-national environment.
- Ability to understand and adapt fast to complex workflows and systems
- Ability to set priorities and keep set deadlines by collaborating with team and stakeholders
- Analytical skills with the ability to deliver quality output with short deadlines and managing controls by ensuring the macro level details are addressed
- Team player, good communication and interpersonal skills
- Demonstrate personal accountability and dedication for area of responsibility
About Swiss Re Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
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