AVP Accounting
Listed on 2026-05-21
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Accounting
Accounting Manager, Financial Reporting, Senior Accountant, Financial Controller -
Finance & Banking
Accounting Manager, Financial Reporting, Financial Controller
Munich American Reassurance Company (MARC) is seeking an Assistant Vice President, Accounting who will be responsible for managing and overseeing the reinsurance/technical accounting and elements of non‑technical accounting close for both IFRS and STAT.
Reporting to the 2nd VP, Accounting and Financial Reporting, the AVP, Accounting will partner closely with MRAS Investment Accounting, Corporate Actuarial, Reinsurance Operations, other work streams within Finance, and global Munich departments including Reinsurance Controlling (RIC) and Reinsurance Accounting (RIA). This role will also focus on overseeing the deployment of best practices to achieve a stable end‑to‑end reinsurance/technical accounting process including challenging existing processes and the key control framework.
This role will own the books and records for actual results, partnering closely with stakeholders who influence reported figures and challenging processes when financial entries are requested by the accounting team. In addition, you will require a strong understanding of how the overall processing of transactions fits into the broader Munich Re group financial statements as well as local STAT financial statements.
ResponsibilitiesAccounting Oversight & Financial Reporting
- Own the management and quality assurance over all accounting functions, including reinsurance/technical accounting (premiums, claims, reserves, etc.) and non‑technical accounting (investments, pensions, cash, etc.) for IFRS and STAT
- Review and approve journal entries, reconciliations, and disclosures for non‑insurance areas such as pensions, leases, and intercompany
- Review accounting research and resolve complex or new reinsurance treaties, transactions, and investment structures as required
- Review key analyses and documentation, including impairment analyses, fluctuation analyses, and footnote disclosures prepared by the MRAS Investment Accounting Shared Service Center
- Achieve alignment with Munich Re's Reinsurance Accounting (RIA) Department on global governance and requirements, including IFRS accounting, Plan, and Forecast figures
- Oversee the deployment of best practices to maintain a stable end‑to‑end reinsurance/technical accounting process, including challenging existing processes and the control framework
- Supervise the Reinsurance Accounting and General/Non‑Technical Accounting teams to ensure timely and accurate execution of accounting entries, reconciliations, analytics, and key controls
- Responsible for hiring, training, and supervising staff within the Accounting workstream in Finance
- Oversee the development, maintenance, and documentation of controls to ensure compliance with internal control requirements (ORCS and MARSOX)
- Act as the primary liaison with internal and external auditors
We are seeking a seasoned finance leader with insurance or reinsurance experience who thrives in complex, regulated environments. You combine technical rigor with executive presence and are comfortable balancing strategy with hands‑on leadership.
- CPA required
- 10+ years of progressive accounting experience
- Insurance/Reinsurance experience required
- Public accounting experience preferred
- Creation and/or review of journal entries, including accounting accruals, estimates and subjective accounting for technical accounting
- Application of STAT and IFRS Accounting policy to daily, monthly and quarterly accounting in functions overseen
- Authorizations and recommendations for approval of certain write‑off balances and amounts within defined thresholds based on account balances and impact of write‑off
- Accounting decisions on defined benefit plan (Pension) and deferred compensation plan accounting and journal entry authorization for multi‑million pension liability
- Oversight and governance of the control environment of reinsurance accounting, investment accounting, cash and pension
- Reconciliation and risk tolerance decisions on reconciling items
- Ownership and sign‑off of investment schedules for regulatory filings (e.g. Bluebook schedule Ds, etc.) and audited financial…
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