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Swiss Re
Bangalore, India
(on-site)
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Business Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Business Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Location:Bangalore, KA, INAre you passionate about transforming financial data into valuable business insights? Do you thrive in collaborative environments where your analytical expertise directly impacts organizational decision-making? Join our international Reporting Solutions team at Swiss Re and help shape the future of financial reporting in the reinsurance industry!
About the Role
As a Business Analyst specializing in SAP Reporting, you'll play a crucial role in our SAP General Ledger and Reinsurance (Subledger) Reporting team. You'll support the stabilization and optimization of financial data flows across SAP GL, FPSL, and Group IFRS systems, working alongside accounting experts, IT specialists, and fellow business analysts. This position offers a unique opportunity to gain comprehensive understanding of financial data flows and reporting processes within a global reinsurance leader.
Key Responsibilities
- Perform data validations and analyze results to provide business insights supporting high-quality financial reporting
- Document and understand end-to-end financial data flows from source systems through General Ledger and Group reporting
- Elicit and analyze business requirements from Finance, Accounting, and Reporting stakeholders
- Translate complex requirements into functional and technical specifications for IT implementation teams
- Apply financial knowledge of balance sheets, income statements, and cash flow statements to reporting solutions
- Map accounting rules to system logic, data models, and reporting structures
- Support closing cycles by analyzing variances and explaining movements in financial results
- Design test scenarios for business and user acceptance testing, including result analysis
- Investigate incidents through root-cause analysis and recommend effective solutions
- Contribute to enhancements and optimization initiatives for reporting systems
- Utilize reporting tools such as Analysis for Office (AfO), Fiori, Microsoft Azure, and Power BI
About the Team
We are a diverse team based out of Zürich, Bratislava and Bangalore, committed to bring alive the Finance of the Future within the Group Finance Operations & Transformation (GFO&T) organization. We transform our Finance operating model by standardizing, automating and integrating our Reporting & Processes along the Value Chain. We foster innovation by driving Business Use Cases in the areas of User Experience and Data Management. We work cross functionally with our colleagues in Finance, IT, and all other departments to eliminate silos. We therefore value effective communication skills on top of technical skills.
About You
You're an analytical professional who excels at bridging the gap between financial concepts and technical systems. You combine SAP expertise with strong financial knowledge, allowing you to build effective solutions that meet business needs. You're detail-oriented, collaborative, and committed to continuous improvement in both your technical capabilities and business understanding.
We are looking for candidates who meet these requirements:
- University degree in finance, accounting, economics, or equivalent field
- Minimum 4 years of relevant experience in the financial services industry, particularly in reinsurance
- Demonstrated SAP experience and knowledge
- Good understanding of reinsurance and insurance finance concepts and financial reporting
- Proficiency in Microsoft Excel and PowerPoint
- Strong analytical mindset with the ability to think independently and solve complex problems
- Excellent collaboration and teamwork orientation
These are additional nice to haves:
- Experience with reporting tools like Analysis for Office (AfO), Fiori, Microsoft Azure, and Power BI
- Knowledge of IFRS accounting valuation principles
- Experience in requirements gathering and documentation
- Familiarity with agile project methodologies
- Previous experience in process optimization or system implementation projects
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week
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 more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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Reference Code: 137687
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Job ID: 83248157
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