Finance
Asset Management
1. Strategic objectives
- Steering of the overall investments of VIG
- Support to VIG companies in regards to investments
2. Core responsibilities
- Setting standards for strategic asset allocation
- Regular analyses on investment structures and financial results of VIG companies
3. Day-to-day operations
- Analyses of international capital markets
- Evaluation of investment strategies and alternatives
- Collaboration with Holding departments (such as Actuarial Department, Asset Risk Management, Subsidiaries and M&E, Enterprise Risk Management, Finance, Controlling, Investor Relations, Communication & Marketing, and Treasury)
Doris Neureiter gives insights on the dynamic work in Asset Management.
(c) Video: Impact Video Production
Key qualifications
- Economics degree (major in capital markets or finance) or comparable professional experience
- Strong interest in capital market instruments and capital markets
- Highly motivated and flexible
- Structured, solutions-driven approach and willingness to use initiative
- Analytical and planning skills, and holistic, structured thinking
- Cross-cultural abilities; experience of working in CEE countries an advantage
- Knowledge of one Eastern European language an advantage
- Excellent written and spoken English
- Very good MS Office skills
- Willingness to travel
Finance Department
1. Strategic objectives
- Preparing the consolidated IFRS financial statements
- Integrating newly acquired companies
2. Core responsibilities
- Supporting Group companies in Austria and abroad on all accounting-related matters
- Preparing specialist analyses
3. Day-to-day operations
- Preparing financial statements
- Supporting interdepartmental cross-border projects
(c) Video: Watchado
Key qualifications
- Business degree
- Basic experience in accounting, and knowledge of auditing or tax consulting an advantage
- Good understanding of financial statements
- In-depth understanding of economic systems
- Excellent with figures, and accurate
- Very good written and spoken English
- Analytical and planning skills
- Strong goal-oriented and results-driven focus
- Entrepreneurial mindset and excellent interpersonal and communication abilities
- Excellent knowledge of MS Office (experience of SAP an advantage)
Treasury incl. ALM
Hannes Gruber, Head of Treasury
1. Main strategic tasks and objectives of the department
- Managing the liquidity of Vienna Insurance Group AG
- Planning and design of capital raising and capital management, including execution of own capital market transactions
- Performing the coordination function of asset-liability management by observing, measuring and optimizing future cash flows on the asset and liability sides of Group companies and Vienna Insurance Group AG
2. Core responsibilities
- Regular reporting of liquidity at the Group and holding company level
- Regular analysis of cost of capital and capital structure
- Maintenance of the Sustainable Bond Framework, incl. allocation & impact reporting
- Analysis and implementation of capital and financing instruments offered on the capital market with regard to their impact on VIG's solvency and rating
- Coordination of the rating process with the rating agency S&P
- Management of the Vienna Insurance Group's interest-bearing debt capital
- Supporting Group companies in the further development of the existing ALM system
- Interweaving existing processes and results to improve the Group view from the findings of the solo ALM perspective in order to evaluate the Group's vulnerability to shock scenarios
- Close cooperation with VIG's Planning & Controlling, Finance Department, Asset Management, Investor Relations, Enterprise Risk Management, Asset Risk Management, Actuarial Department and Subsidiaries and M&A departments.
3. Day-to-day operations
- Supporting local VIG Group companies on liquidity issues
- Maintaining contacts with international investment banks
- Preparation of reports for the Managing Board and Supervisory Board regarding liquidity and capital as well as financing topics
- Evaluations and preparation of recommendations for action regarding developments at Group companies in the event of risk
- Preparation and compilation of ad hoc analyses in the area of liquidity and/or capital management
- Exchange of information on rating agendas with the VIG divisions involved and the rating agency
Key qualifications
- Business or mathematics degree
- Where possible, experience of risk and asset management, or of working in a capital markets department in the finance sector or at a bank
- Knowledge of statutory regulatory requirements an advantage
- Knowledge of group-level aggregation and consolidation effects
- Analytical mindset, precise and excellent with figures
- Team player, solutions-focused and able to handle heavy workloads
- Excellent written and spoken English
- Good German skills preferred
- Knowledge of one Eastern European language an advantage
Asset Risk Management
1. Strategic objectives
- Coordinating asset-side risk management policies in collaboration with the Group companies across CEE
- Optimising risk allocation
- Organising the rollout of risk management systems across the Group
2. Core responsibilities
- Monitoring asset-related risks at Group level from various accounting and financial perspectives
- Calculating risk indicators
- Preparing internal ratings
3. Day-to-day operations
- Analysing and evaluating strategic and tactical asset-risk allocation
- Managing international projects
- Liaising with other units in the Group
Key qualifications
- Economics or technology degree, with a focus on investment or financial mathematics
- Interest in financial markets and quantitative analysis
- Analytical mindset
- Competent, professional manner and communication style
- Solutions-driven mentality and willingness to innovate
- Very good English skills
- Knowledge of one Eastern European language an advantage
- Excellent MS Office skills (preferably with programming experience)
Bernhard Reisecker, Asset Risk Management:
“I joined VIG in 2010 and I was involved in setting up the Asset Risk Management department. I had been part of the Group before that, working in asset risk management at s Versicherung. Our work here focuses mainly on capital market investments. We keep track of movements in the capital markets and analyse the resulting risks. VIG is just as diverse as my range of responsibilities. Diversity isn’t just a buzzword here, it’s part of our day-to-day operations. I like working in such a multicultural environment – in my ten-person team alone we have staff from Austria, the Czech Republic, Hungary and Germany." (c) Picture: Dialogschmiede