Mobilising a team of permanent and interim finance systems professionals

Swiss Re is one of the world’s largest and most diversified reinsurers. SystemsAccountants has provided finance transformation resource to the Swiss Re group for nearly ten years.

The challenge:

SystemsAccountants was mandated to source a Project Director, Project Manager & PMO Manager to lead the design and delivery of a new data warehouse and financial close engine. The overall goal of this programme is to develop a common set of integrated systems, tools and processes for Finance and Corporate Actuarial in Swiss Re’s Global Life and Health business. The scope incorporates a streamed replacement and roll-out of the financial estimation, closing and projections systems and processes. It also adjusts the timing of Corporate Actuarial reserving and model updates to increase efficiency.

The outcome:

Over a two year period, SystemsAccountants was retained to mobilise a team of interims and permanent staff to support the design and implementation of a Finance Target Operating Model for Swiss Re’s closed, in force life insurance business, Admin Re. This included the appointment of a Director of Finance Systems and a team of Oracle eBusiness, GL, finance process architects, business analysts and finance reporting consultants to support the implementation of Oracle and the creation of new end to end finance processes.