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Senior SAP FPSL Specialist - IFRS​/Subledger

Job in Zürich, 8058, Zurich, Kanton Zürich, Switzerland
Listing for: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
Full Time position
Listed on 2026-03-07
Job specializations:
  • IT/Tech
Salary/Wage Range or Industry Benchmark: 106000 - 158000 CHF Yearly CHF 106000.00 158000.00 YEAR
Job Description & How to Apply Below
Position: Senior SAP FPSL Specialist - IFRS17 / Subledger
Location: Zürich

Senior SAP FPSL Specialist - IFRS
17 / Subledger

We are seeking a highly specialized Senior IT Subledger Specialist with deep expertise in subledger solutions, SAP FPSL, and IFRS-related financial reporting. The role sits within Finance Data & Technology (D&T) Subledger Systems and is responsible for driving transformation, ensuring operational excellence, and enabling compliant and efficient financial reporting across a global re/insurance environment.

This is a strategic position requiring advanced functional and technical expertise in insurance accounting subledger platforms and hands‑on experience in complex, multi‑jurisdictional regulatory environments.

About the Team

You will join an established international product team responsible for the global FPSL subledger liability platform, enabling IFRS‑compliant financial closings across multiple countries. The team operates in a complex system landscape integrating SAP FPSL on SAP HANA, actuarial engines, data hubs, and downstream reporting systems.

Key Responsibilities
  • Translate complex financial, accounting, and regulatory requirements into robust SAP FPSL solutions.
  • Lead system enhancements, configuration, and optimization of FPSL components to support IFRS
    17 and other regulatory reporting needs.
  • Design and review technical components within SAP FPSL, including data integrations, SAP HANA SQL transformations, and ABAP‑related logic.
  • Manage end‑to‑end operational activities including quarter‑end closing cycles, incident/defect analysis, and continuous improvement initiatives.
  • Serve as a subject matter expert for FPSL architecture, data models, posting logic, and performance optimization.
  • Partner with cross‑functional stakeholders (Finance, Actuarial, Data, Technology) on feature design, testing, and implementation.
  • Provide guidance to developers and analysts supporting FPSL, ensuring adherence to standards and quality expectations.
  • Document and standardize processes to support scalable and sustainable subledger operations.
Required Skills & Experience (Strict Criteria)

To ensure only highly qualified specialists apply, candidates must meet all of the following requirements:

Education & Domain Expertise
  • University degree in a technical, financial, or business field.
  • Extensive hands‑on experience working as an IT Subledger Specialist with SAP FPSL in live production environments
    , including multiple closing cycles.
  • Strong working knowledge of IFRS
    17 (GMM, PAA, reinsurance) and experience supporting re/insurance applications.
  • Expert‑level SQL skills on SAP HANA
    .
  • Working‑level knowledge of Java
    .
  • Experience with FPSL‑related automation, testing, and operational tooling such as CVPM
    , QMate
    , incident handling tools, and Dev Ops pipelines.
Change, Delivery & Leadership Experience
  • Proven experience leading teams or guiding developers/analysts in FPSL or financial reporting system topics.
  • Demonstrated ownership of product changes, operational improvements, and end‑to‑end delivery in complex system landscapes.
  • Strong focus on process standardization, optimization, and documentation
    .
Additional Relevant Experience (Highly Advantageous)
  • Exposure to ServiceNOW for incident/problem management.
  • Experience with Agile methodologies (SCRUM/Kanban).
  • Hands‑on work with Azure Dev Ops and Confluence
    .
  • Knowledge of IFRS9
    , SAP Banking Analyzer, or SAP Insurance Analyzer.

For Switzerland, the base salary range for this position is between CHF 106,000 and CHF 158,000 (for a full‑time role). The specific salary offered considers:

  • the requirements, scope, complexity and responsibilities of the role,
  • the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance‑based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

#LI-Hybrid

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer, working to make the world…

Position Requirements
10+ Years work experience
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