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Technical Accountant

Location Madrid, Spain Job type Full-Time Work mode Hybrid Job level Professional Job ID 14424 Company Munich Re Employment type Regular Area of expertise Finance, Accounting & Controlling
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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.

Your job

  • 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

Your profile

  • 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

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: we offer you a very flexible approach.

* 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.

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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.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

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