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Accountant

Location Malta Job type Full-Time Work mode Hybrid Job level Professional Job ID 12701 Company Munich Re Employment type Regular Area of expertise Finance, Accounting & Controlling
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Munich Re of Malta p.l.c. (MRoM) is a subsidiary of the Munich Re Group with a portfolio of more than € 4 billion premium and a corresponding large balance sheet. The book of business stems from group-internal retrocessions and third-party reinsurance in life, health, and non-life from markets all over the world, and is written in close cooperation with various units in the Munich Re Group. MRoM is a fast-growing, extremely efficient company looking for a qualified professional who is initiative-taking to support our Finance Team’s reinsurance accounting activities from 1 June 2026.

The candidate for the Accountant role works in close cooperation with local colleagues and the MR Group supporting departments. This role will focus primarily on reinsurance accounting, general accounting, and other group reporting activities. The Accountant will develop expertise in the IFRS quarterly and annual closing processes and work on process transformation activities as assigned. The accountant will also support general banking and treasury operations, and other activities as assigned.

The successful candidate will be occupying a role that provides an excellent opportunity for development within the fields of treasury, IFRS close, reporting, and reinsurance in a first-class international organization. The individual will regularly be communicating and interfacing with entities around the world. Internal and external training will be supported and provided where required with instances of travel as the need requires and permitted to the headquarters in Munich.

The position is in Malta.

Your job:

  • Support IFRS reporting activities, including IFRS 17-related postings, reconciliations, data preparation
  • Support quarterly closing activities and financial reporting to the Munich Re headquarters and external local institutions for IFRS and Solvency II, including data preparation and analysis.
  • Maintenance of purchase ledger, processing of invoices.
  • Carry out cost, general ledger and other accounting duties on various SAP based systems.
  • Technical reinsurance accounting, processing statements of accounts.
  • Contribute to various compliance related tasks within the Finance department (e.g., updating internal controls, policies, guidelines).
  • Support the development of presentation information to help management understand performance results.
  • Contribute to process improvement projects as part of the ongoing finance transformation efforts.
  • Other general accounting duties in investments, reinsurance, treasury operations, and other topics as assigned.

Your profile:

  • University Degree in accounting or an equivalent qualification; ACCA, preferable.
  • Big 4 audit experience would be advantageous.
  • Strong technical accounting and reporting capabilities particularly related to investments and reinsurance. Intermediate knowledge of IFRS, relevant to insurance companies (e.g., IFRS 9).
  • Work experience of 2 years of more in the financial industry, preferably in the insurance and/or reinsurance accounting and reporting area.
  • Quick to grasp concepts and inter-relationships between different components.
  • Strong quantitative and analytical skills and diligence.
  • Ability to work independently, collaborate cross functionally, and work well within a team.
  • Assertiveness in a group-wide environment with cross-functional interfaces and stakeholders.
  • Fluent business English and ability to communicate with people at all levels.
  • Confident personality and positive attitude.
  • Proficiency in Microsoft Office tools.
  • Willingness to grow, learn and develop technical expertise over time.

For any further information or clarification on this position please do not hesitate to contact Craig Cloete directly at ccloete@munichremalta.com

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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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