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Claims Accountant

Hybrid in Madrid·Added yesterday (last checked 15 Oct)

Munich Re

16 open roles

Overview

Work mode
Hybrid, Madrid
English
Required
Education
University degree

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Skills

Requirements

What we're looking for

  • Degree in administration, finance, economics or business sciences; recent graduates or individuals with less experience are also welcome.
  • Knowledge of insurance claims, preferably also in reinsurance
  • Expertise in MS-Office, particularly Excel, and in SAP tools
  • Analytical skills and accuracy in dealing with figures
  • Self-confident approach combined with a high degree of dedication to working effectively and independently, willing to face new responsibilities
  • Strong communication skills, high degree of intercultural competence and team spirit.
  • Good knowledge of Spanish and English (written and spoken). Italian and/or Portuguese is highly valued
  • Being prepared to evolve into the role of Client Accountant by expanding the knowledge in the technical accounting area.

Pay & benefits

What you'll get

  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements.
  • Hybrid working: we offer you a very flexible approach.

The role

Munich Re Madrid is responsible for Non-Life technical accounting and claims handling services for Iberia, Latin America, Caribbean and Italy. We are looking for a flexible and highly motivated Reinsurance Claims Accountant in this interesting, dynamic and international setting, contributing with expertise and engagement in the growing multicultural department.

What you'll do

  • Review of claims notifications based on the Reinsurance terms and conditions and verifying calculations from our clients (insurance companies and reinsurance brokers).
  • Processing the claims in our SAP systems
  • Verifying payment requests for individual claims on the basis of the individual authorities
  • Ensure data quality and perform claims quality checks.
  • Close cooperation with Claims Managers, claims consultants, the Business units and the Reinsurance Accounting International Organization
  • Correspondence/contact with cedants and brokers
  • Assume responsibility for a specific group of clients
  • Participate in challenging projects and working groups globally if applicable

About Munich Re

Munich Re is one of the world's largest reinsurers, headquartered in Munich, Germany. The company provides reinsurance, primary insurance, and insurance-related risk solutions to clients in over 100 countries. With a workforce of over 40,000 employees, Munich Re is a global leader in the insurance and reinsurance industry, known for its financial strength and innovative risk management.

In Spain, Munich Re operates through its subsidiary, Munich Re Spain, with offices in Madrid and Barcelona. The company offers a dynamic and international work environment, with opportunities for professional growth and development. For international professionals, Munich Re provides a multicultural workplace, competitive benefits, and the chance to work with a diverse team of experts in the insurance sector.

Industry
Insurance and Reinsurance
Founded
1880
Employees
40,000+
Headquarters
Munich, Germany
In Spain
Madrid, Barcelona

Good to know if you are moving

  • Munich Re has a strong global presence, offering international career opportunities and cross-border mobility.
  • The company is known for its strong financial stability and long-term employment prospects.
  • Spain offices are located in Madrid and Barcelona, both major hubs with excellent connectivity.
  • Munich Re supports professional development through training programs and internal mobility.
  • The company offers a multicultural work environment with employees from various nationalities.

In their own words

About the company & team

As the world's leading reinsurance company with more than 16,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.
Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That's why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Additional information

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

All open roles at Munich Re

Location

Munich Re · Madrid

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