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Technical Accountant

Hybrid in Madrid·Added yesterday

Munich Re

13 open roles

Overview

Job details

  • Hybrid

    Office and home days — the ad has the split.

Requirements

  • Have the right to work in Spain

    Munich Re doesn't mention sponsorship in the ad.

  • Work in English

    English is required, per the ad.

  • Be near Madrid for hybrid days

    No relocation package mentioned.

  • University degree

    “Business degree (Bachelor's, Master's), preferably with a focus on accounting, controlling, finance or IT; recent graduates or individuals with less experience are also welcome” — per the ad.

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.

Requirements

What we're looking for

  • Business degree (Bachelor's, Master's), preferably with a focus on accounting, controlling, finance or IT; recent graduates or individuals with less experience are also welcome
  • Knowledge of Accounting, preferably also of Insurance and/or Reinsurance
  • 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
  • High level of commitment and initiative
  • Expertise in MS-Office, particularly Excel, and preferably in SAP tools
  • Good written and spoken Spanish and English

The role

As a recognised partner to our clients, Munich Re's Reinsurance Accounting unit (RIA) provides reliable accounting information to our internal and external stakeholders. We support sustainable value creation in our divisional units and manage our global Operations responsibility through harmonized processes, methodologies and digitalization techniques. We are a global, diverse team of motivated experts, value open communication and cross-functional collaboration, and are actively moving forward to shape our future. We are looking for a flexible and highly motivated Technical Accountant in this demanding, dynamic and international setting, contributing with expertise and engagement in the growing multicultural department. You should have a keen interest in designing and implementing efficient, innovative processes; be an independent and curious thinker; and take pleasure in working in an international context.

What you'll do

  • Verify statements of account from our clients based on the terms and conditions of the wording and by checking specific calculations
  • Process the statements of account in our SAP FS-RI systems, including the use of increasing automation tools
  • Arrange for payments, request outstanding balances and reconcile account items
  • Ensure data quality and perform quality checks at contract level
  • Enter and update treaty data in close liaison with our operational units
  • Build and maintain strong relationships with internal and external touchpoints, ensuring seamless cooperation, efficient processes, and a consistently client-focused approach
  • Analyze and present insurance and accounting matters to various stakeholders
  • Participate in cross-departmental working groups and projects
  • Take ownership of a topic and coordinate it worldwide
  • Contribute to automation and digitalisation projects, and their worldwide implementation
  • Help develop new methods and processes aimed at creating a thoughtful digital working environment

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

  • 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.

All open roles at Munich Re

Location

Munich Re · Madrid

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