Claims Accountant

Munich Re Madrid is responsible for Non-Life technical accounting and claims handling services for Iberia, Latin America, Caribbean and Italy. We are looking for a flexible and highly motivated Reinsurance Claims Accountant in this interesting, dynamic and international setting, contributing with expertise and engagement in the growing multicultural department.

Your job

• Review of claims notifications based on the Reinsurance terms and conditions and verifying calculations from our clients (insurance companies and reinsurance brokers).
• Processing the claims in our SAP systems
• Verifying payment requests for individual claims on the basis of the individual authorities
• Ensure data quality and perform claims quality checks.
• Close cooperation with Claims Managers, claims consultants, the Business units and the Reinsurance Accounting International Organization
• Correspondence/contact with cedants and brokers
• Assume responsibility for a specific group of clients
• Participate in challenging projects and working groups globally if applicable

Your profile

• Degree in administration, finance, economics or business sciences; recent graduates or individuals with less experience are also welcome.
• Knowledge of insurance claims, preferably also in reinsurance
• Expertise in MS-Office, particularly Excel, and in SAP tools
• 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.
• Good knowledge of Spanish and English (written and spoken). Italian and/or Portuguese is highly valued
• Being prepared to evolve into the role of Client Accountant by expanding the knowledge in the technical accounting area.

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: 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.

Diversity, Equity & Inclusion

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.