Senior SAP FPSL Specialist - IFRS17 / Subledger, Zurich (Zurich, CH)
Role details
Job location
Tech stack
Job description
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., * 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.
Requirements
Do you have experience in Scrum?, Do you have a Bachelor's degree?, * 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.
Benefits & conditions
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.
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