Accounting Policy Manager

Position Overview

The Manager of Accounting Policy will be a subject matter expert on IFRS and statutory accounting standards relevant to the reinsurance industry. This role is responsible for developing, maintaining, and interpreting accounting policies, providing guidance on complex transactions, monitoring new accounting standards, and supporting the implementation of regulatory changes. The role requires strong technical accounting skills, a deep understanding of reinsurance operations, and the ability to communicate effectively across all finance, actuarial, and executive teams.

Your Role:

• Assist with development and maintenance of accounting policies across the organization (covering all accounting bases).
• Monitor emerging accounting and financial reporting developments from the NAIC, ACLI, and IASB and communicate new guidance and potential impacts to upper management.
• Assist with documentation of accounting memos and analysis regarding large non-routine reinsurance or investment deals and impacts to statutory, IFRS, and local Bermuda reporting (if applicable)
• Collaborate with actuarial, legal, finance, and auditors to assess the accounting impacts of new reinsurance and investment transactions and business initiatives.
• Partner with the VP of Tax to document tax implications for certain non-routine transactions.
• Prepare training materials and conduct policy training sessions for finance staff.

Your Profile:

• Bachelor’s Degree in Accounting, Finance or Business
• CPA designation
• 5+ years of accounting policy experience, preferably in insurance/reinsurance industry
• Proficiency in IFRS and insurance statutory accounting required
• Excellent communication, organizational, and time management skills
• Strong critical thinking skills and problem solving skills
• Effective working in a collaborative team environment
• Continuous improvement mindset

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

For New York City based employees, the base salary range anticipated for this position is $139,620 to $161,665, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

What Can We Offer You?

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• Comprehensive Medical Plans
• PTO and Family Leave
• Retirement Savings Plans
• Dental and Vision Plans
• Life and Disability insurance
• Employee Assistance Program
• Adoption Assistance
• Wellness Programs - Calm, WW, SoFI, Virgin Pulse
• Commuter Benefits
• FSA and HSA Plans
• Hospital Indemnity, Critical Illness and Accident Plans

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.