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System Consultant (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 11222 Company Munich Re Employment type Regular Area of expertise Finance, Accounting & Controlling
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As an appreciated partner, Reinsurance Accounting (RIA) timely provides reliable accounting information to internal and external stakeholders. We act passionately to support business value creation while relying on harmonized processes, methods and tools to efficiently lead global operations.

We are a global, diverse team of highly motivated experts, value open communication and are eager to actively help shape the RIA of tomorrow.

The GPO Life Global Accounting Governance, Processes and System Oversight team (RIA1.5.5) is a center of competence in RIA Life & Health committed to establishing and maintaining efficient, standardised global accounting processes and systems as well as ensuring robust corporate governance.

We are seeking a qualified and dedicated professional to strengthen our team in this interesting and dynamic environment. As a consultant, you are responsible for the maintenance and development of the global RI accounting systems. You will support the global user community within the Life and Health accounting organization to solve complex system issues, particularly related to SAP FPSL. You will also act as the main interface on these topics  to the IT departments based in Munich.

Your Job

  • Play a key role providing RI accounting system support and oversight globally, particularly for SAP FPSL.
  • Work closely with various stakeholders to ensure consistent SAP FPSL system usage globally.
  • Coordinate the system requirements process (incl. all testing activities) from an accounting perspective and ensure the correct and timely implementation of feature and change requests.
  • Support the quality assurance activities by developing and implementing reporting functionalities and  performing technical validation checks.
  • Represent RIA1.5.5 in alignment meetings with Central Life Reserving (CLR), Reinsurance Accounting Non-Life (RIA NL) and the respective teams within Financial & Regulatory Reporting (FRR).
  • Participate in overarching and group wide projects and working groups.
  • Conduct internal and external trainings on system related accounting and closing topics.

Your Profile

  • Qualification in Information Technology or Business Administration or a degree in insurance business administration
  • Several years of relevant experience in system administration or accounting
  • Very good knowledge of SAP-Accounting Systems (e.g. SAP FPSL, ideally also GT & ECON) and Business Warehouse Solutions, e.g. EDWH, including mass data extractions and transformation
  • Willingness to learn new system applications (e.g., SAP-Analytics Cloud, PowerBI)
  • Interest in accounting topics, especially related to IFRS17
  • Willingness to acceptand implement challenging topics in a dynamic environment
  • Very good analytical and conceptual skills, eagerness to tackle and illustrate complex issues
  • Interest in participating in global projects and collaborating with colleagues globally
  • Well-presented with a confident demeanor, and the ability to work diplomatically and constructively with interface functions
  • Very good planning and organizational skills
  • Excellent command of English

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 11,000 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 • HR Consultant
Königinstraße 107 • 80802 München • GERMANY

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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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