Job Description

Munich Re is the world’s largest reinsurer and a leading provider of reinsurance solutions. For nearly 130 years, Munich Re has been helping to address the major challenges of the future. As an international organisation, we bring together diverse expertise to develop solutions that make tomorrow’s world insurable.

We are currently seeking a proactive and detail-oriented Accountant to join our team in Japan. Reporting directly to the Chief Financial Officer (CFO), Japan, this role is responsible for accurate and timely financial postings, reconciliations, and reporting support, while ensuring compliance with internal policies and local regulatory requirements. The role offers exposure across end-to-end finance processes and requires a strong commitment to accuracy, continuous learning, and collaboration.

Your Role

The Accountant will contribute to a range of activities, including but not limited to the following:

General Accounting

Execute routine general ledger postings for accounts payable, accounts receivable, and fixed assets, in compliance with accounting standards and internal guidelines
Perform quarterly and annual closing activities, including journal entries, accruals, provisions, and balance sheet reconciliations
Review and process expense claims in Concur (employee reimbursements), provide user support, and handle related ad hoc tasks
Perform cash management activities, including daily cash positioning and reconciliation of bank balances, to ensure adequate liquidity within internal guidelines
Identify opportunities to streamline processes and reduce manual interventions

Technical Accounting

Review and process reinsurance statements of account for Life and Health business
Ensure postings follow defined accounting flows, chart of accounts, and booking rules
Liaise with relevant teams to ensure data completeness and integrity
Prepare and maintain reconciliations for technical balance sheet accounts
Support quarter-end and year-end closing activities for technical accounting areas
Provide movement analysis and variance explanations
Assist in preparing supporting schedules and documentation for local regulatory reporting
Maintain appropriate documentation of internal processes and ensure compliance with internal guidelines

Your Profile

Bachelor’s degree in Accounting, Finance, or a related field
2–4 years of relevant finance or accounting experience, preferably within the insurance or reinsurance industry
Experience in general accounting, with exposure to insurance or reinsurance accounting considered an advantage
Experience with financial systems, preferably SAP and Concur
Interest in, or openness to using AI-enabled tools to improve efficiency
Strong written and verbal communication skills in English and Japanese, with the ability to communicate clearly and professionally
High level of accuracy and attention to detail
Ability to manage multiple tasks and meet deadlines
Demonstrates initiative, ownership, and a continuous learning mindset
Ability to collaborate effectively in an international and cross-functional environment

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

About Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career

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Münchener Rückversicherungs-Gesellschaft

Group Communications

Industry

Finance & Insurance

Company Size

10,000+ employees

Headquarters

Munich, DE

Year Founded

Unknown

Website

munichre.com

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