(Re)insurance Specialist

at  Porsche International Financing DAC

(RE)INSURANCE SPECIALIST

• Code number: J000012484
• Entry level: Professionals
• Location: Dublin
• Organization: Porsche International Financing DAC
  TasksTasksTasks
  About the Role
  A newly created role of Re(insurance) Specialist at PIRD, you will be responsible for developing and implementing best practice processes, supporting financial and regulatory reporting and ensuring consistent delivery standards of outsource service providers.

Reporting to the Managing Director, the specific areas of responsibility may include, but are not limited to the following:

• Responsible for assessing the integrity of all regulatory reporting to the Central Bank of Ireland including quarterly, annual and ad-hoc reporting requirements.
• Supporting the Financial Controller with monthly, quarterly and annual IFRS reporting (in particular IFRS17) at both Posche Group and local entity level.
• Manage and develop the interaction between the Company and outsource providers to ensure consistent delivery of services.
• Driving and developing best practice processes supported by the implementation of relevant automation wherever possible.
• Supporting projects to drive business development.
• Preparation of operational reporting for both management and board of directors.
• Support in the delivery of Porsche Strategy 2030 objectives

QualificationsQualificationsQualifications

What are we looking for?

• The ideal candidate will be degree educated with over 5 years of relevant professional experience in a reinsurance, insurance or other regulated business environment.
• A thorough understanding of accounting for insurance contracts under IFRS17 is essential.
• Knowledge of financial accounting and actuarial related experience is also vital.
• Strong teamwork and communication skills.
• A high sense of responsibility and integrity, an independent approach to work and great commitment.
• Close attention to detail and an ability to work to a high level of accuracy.
• Well organised and able to work to tight deadlines.
• An ability to work in a process driven environment.
• An inquisitive mind, searching for solutions and new approaches to tasks.
• Advance Microsoft skills required, SAP / HANA knowledge a nice to have.
• A knowledge of insurance systems and application of data science.
• Fluent in spoken and written English; German as a second language would be a useful attribute but not essential.

At a GlanceAt a GlanceAt a Glance
Porsche International Reinsurance dac (‘PIRD’) is a captive reinsurance company regulated by the Central Bank of Ireland. The Company was established in 1992 and is responsible for the reinsurance of the Porsche Group’s European approved warranty business.
Management of the Company is supported by a network of outsource providers with a focus on actuarial services, risk management and compliance. With gross written premiums of more than EUR 140 million per annum, PIRD is now seeking to recruit a (re)insurance specialist to support the next phase of the business. The Company is looking to develop its internal systems through automation of business processes, ensuring a stable operating environment and forming a strong foundation on which to build the current portfolio through potential new business opportunities.
We will give you the flexibility you need to do your best work with hybrid work options. Whether you’re working from our central Dublin office or from home, you will be working in a dynamic environment where your integrity, entrepreneurial spirit and pioneering mindset are championed.
Exclusive look behind the scenesExclusive look behind the scenesExclusive look behind the scenes
Benefits We are looking for the very best and brightest to join our family of proud, passionate enthusiasts at Porsche International Reinsurance dac for what promises to be an incredible journey as we respect our history and embrace our future.
In return you will receive a highly competitive salary, 10% annual bonus scheme, private medical insurance, defined contribution pension scheme and 25 days holiday per year (plus bank holidays).
We offer agile working policies and the ability to work flexibly.
How to apply?How to apply?How to apply?
If you have prior experience in, or demonstrable topic knowledge in the ‘specific areas of responsibility’ and are looking for a challenging and rewarding career with a premium brand, and would love to join our team then please reply to the email addresses below, attaching a copy of your CV and a covering letter.
dan.ludford@pifdac.ie
Closing date: 20 July 2024
Apply now at: dan.ludford@pifdac.ie : dan.ludford@pifdac.i

Please refer the Job description for details