Financial Accountant II

Location: Bangalore, KA, IN

Are you a detail-oriented finance professional with a passion for international insurance and reinsurance accounting? Do you thrive in a fast-paced, collaborative environment where your analytical skills and financial expertise make a real impact on a global scale? If so, this could be the perfect opportunity for you!

About the Role

As a Financial Accountant II within the International Financial Management (IFM) team at Swiss Re Corporate Solutions, you will play a pivotal role in ensuring the accurate and compliant technical accounting of international programme policy transactions. You will be at the heart of global risk transfers and cash flows, working with a diverse network of partners, offices, and reinsurers across the world. This is a role where precision meets purpose — and where your contributions directly support the financial integrity of international insurance programmes.

Key Responsibilities

• Book, reconcile and settle technical accounts — including premium, commissions, fees, and claims payments — to and from the pooling carrier for assumed reinsurance Network Partner policies, skeleton technical bookings, and reinsurance transactions
• Produce monthly co-reinsurance and Network Partner statements of account, ensuring accuracy and timeliness in all financial reporting
• Resolve reconciliation findings with internal and external counterparts, including Co-reinsurance and Network Partner discrepancies, driving issues to swift resolution
• Monitor and report open balances, coordinating with the International Desk, Network Partner Coordinators, regional Technical Accounting teams, and Underwriters to address outstanding items
• Act as the first point of contact within International Business for Local/Producing Office Technical Accounting teams, Finance FP&A, and other functions performing financial reporting on International Business
• Ensure reconciliation of International Business technical accounts in the administration system and support Finance on reconciliations in financial ledgers, including skeleton processes, local and central premium collection, and invoiced versus booked comparisons
• Review and authorize incoming co-reinsurance data in the system against real contracts, ensuring accuracy and compliance
• Liaise across functions — including the International Desk, Global Network Management, Regional Technical Accounting teams, Claims Operations, and Underwriting teams — to ensure service standards are consistently met
• Support internal and external audits as required and contribute to ongoing projects that strengthen core IFM processes
• Contribute to team success by sharing knowledge, supporting colleagues, and participating in meetings and training sessions

About the Team

The International Financial Management (IFM) team is responsible for the technical accounting of international programme policy transactions, ensuring compliant and efficient risk transfers and cash flows between Producing/Local Offices and Network Partners. The team also owns reporting, analytics, and commentary on International Business — including monthly aged debt reports, premium flow analysis by Producing Office, and consolidation of accounts by client programme. Serving a broad base of stakeholders including Corporate Solutions offices worldwide, external brokers, Finance, and reinsurance partners, the IFM team is a critical enabler of Swiss Re's global insurance operations.

About You

You are a proactive and dependable finance professional who brings both technical rigour and strong interpersonal skills to everything you do. You communicate complex financial topics with clarity and confidence, build trust naturally across teams and functions, and take personal accountability for delivering high-quality results. You are resilient under pressure, comfortable working independently, and energised by the opportunity to contribute to a high-performing global team.

We are looking for candidates who meet these requirements:

• Educational background in finance or accounting — CA, CS, ICWA, MBA (Finance), or equivalent degree — with a minimum of 2–3 years of relevant working experience in insurance, reinsurance, or a related financial domain
• Technical accounting experience in insurance or reinsurance, with a solid understanding of accounting principles including premium, commissions, claims, and reconciliation processes
• Proficiency in Microsoft Excel and Word, with the ability to manage, analyse, and present financial data effectively
• Excellent written and verbal communication skills in English, with the ability to summarise complex technical issues clearly for both expert and non-expert audiences
• Strong analytical and problem-solving skills, with the ability to identify discrepancies, investigate root causes, and drive resolution independently

These are additional nice to haves:

• Familiarity with international insurance programme structures, including Network Partner arrangements and co-reinsurance mechanisms
• Experience working with financial administration or accounting systems used in insurance or reinsurance environments
• Demonstrated ability to manage multiple priorities and deadlines in a dynamic, fast-paced setting
• Experience collaborating across geographies and functions, including working with global teams and external partners
• A natural ability to build relationships and foster trust across diverse stakeholder groups, including underwriters, finance teams, and external brokers
• Curiosity and enthusiasm for process improvement, with a track record of contributing to projects that enhance operational efficiency