About the Role
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 IFRS17 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.
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 IFRS17 (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 DevOps 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 DevOps and Confluence.
* Knowledge of IFRS9, SAP Banking Analyzer, or SAP Insurance Analyzer.
Compensation
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 more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. 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.
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