Claims Accountant

Location Madrid, Spain Job type Full\-Time Work mode Hybrid Job level Professional Job ID 13130 Company Munich Re Employment type Regular Area of expertise Finance, Accounting \& Controlling

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

• 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.

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.

• 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.

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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