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Consultant (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 13404 Company Munich Re Employment type Regular Area of expertise Finance, Accounting & Controlling
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As a recognised partner to our clients, Reinsurance Accounting (RIA) provides timely and reliable accounting information to our internal and external stakeholders. We support sustainable value creation in our business areas and manage our global operations function efficiently using harmonised processes, methods, and digitalisation techniques. We are a global, diverse team of highly motivated experts who value open communication and cross-functional collaboration and are actively shaping our future.

Within RIA, the section RIA1.4.3 assumes product ownership and provides support for our RI Admin Systems (BuPa, FS-CD, FS-RI + Claims Handling Module, Contract + Risk Manager). As part of the Non-Life GPO function, the team performs a multitude of technical processes (e.g. batch & posting period coordination), technical data quality assurance (e.g. data completeness, master & bank data), data streams (e.g. SGL → PGL) and ensures system stability. Furthermore, a wide range of services completes the RIA1.4.3 portfolio (e.g. IT coordination, admin support for Coupa and Concur, SIMA and pre-converter support).

To strengthen our team, we are looking for a qualified and committed Consultant who will focus on the third-level support of the FS-RI system.

Your Job

The primary objective is to support the ongoing operation of the FS-RI accounting system. There are recurring tasks as well as many ad-hoc cases that need to be resolved. Key areas of responsibility include:

  • Support for Risk Manager NL (e.g., error analysis, batch requests, creation of feature requests if necessary)
  • Batch coordination (e.g., error preparation and analysis, copy-period batch coordination, BF/CF batch coordination and error analysis)
  • Execution of batch requests (e.g. P&E batch, EPI/ULR uploads)
  • Data analysis (e.g., P&E calculations and root cause analysis)
  • General third-level support for FS-RI topics
  • Claims support (FGU calculation, Outlier/LC process, SOI)
  • Data corrections / rebooking, including Retro using various interface tools (e.g., support for migrations, UPR clean-ups, novation / commutation)
  • Technical execution of revaluation / reclassification in FS-RI
  • QA checks

Your Profile

  • University degree in business / computer science or equivalent education
  • Advanced knowledge of the SAP-based RI Admin and reporting systems (EDWH, FS-RI, FS-CD)
  • Sound understanding of Underwriting and/or Reinsurance Accounting
  • Strong analytical and problem-solving skills with a focus on results
  • Excellent team spirit, strong communication skills and a strong service-oriented mindset
  • High quality standards as well as a willingness to perform
  • Ability to work independently, openness to new ideas, and a willingness to innovate
  • Good written and spoken English and German

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us

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.

Rewards & Recognition

  • 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: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* 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.

Münchener Rückversicherungs-Gesellschaft
Vesselina Markova
Talent Acquisition Partner

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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