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Steffen Krause
Vice President - Product Owner L&H Reinsurance - Group Finance Transformation at Swiss Re
Professional Background
Steffen Krause is a dedicated Financial Services Professional with extensive experience in banking and insurance sectors. His career is characterized by a strong emphasis on data management for finance and risk, making him a sought-after expert in the field. With a stellar aptitude for managing complex finance transformation projects, Steffen brings a wealth of functional and technical know-how to the table. His expertise spans core banking solutions and business intelligence, not to mention mastery in disclosure management processes, which are crucial for compliance and operational excellence in today's fast-evolving financial landscape.
During his tenure as Vice President and Product Owner for Life & Health Reinsurance under Group Finance Transformation at Swiss Re, Steffen showcased his ability to steer high-impact projects and foster innovative financial solutions. His leadership skills have allowed him to guide teams in navigating the complexities of financial service products while ensuring top-tier service delivery and client satisfaction.
Prior to Swiss Re, Steffen held influential roles that honed his expertise in SAP banking solutions. As a Managing Director at ADWEKO Group, he led various teams to success, pushing the boundaries of what is possible with financial technologies. His extensive background as a Principal Consultant for SAP Banking Services at SAP (UK) Ltd. further solidified his reputation as an authority in the SAP ecosystem, especially regarding banking applications like SAP Bank Analyzer and SAP HANA.
Education and Achievements
Steffen Krause's academic background is equally impressive, marked by an MBA from Colorado State University-Pueblo, combined with a Diplom-Kaufmann (Dipl.-Kfm.) degree from Universität des Saarlandes. This educational foundation has provided him with a strong blend of theoretical knowledge and practical skills, enabling him to tackle challenges in finance and data management head-on. His proficiency in sophisticated analysis and strategic planning has significantly contributed to his career progression and overall effectiveness in the financial sector.
Throughout his career, Steffen has consistently demonstrated leadership, integrity, and a commitment to excellence. His remarkable understanding of IFRS 9 and IFRS 17 standards, alongside a deep product experience with SAP BI BW and core banking solutions such as SAP Deposits Management and SAP Loans Management, illustrate his capability to bridge the gap between technical innovations and business requirements.
Notable Achievements
Steffen Krause is well-regarded not only for his specific technical skills and knowledge but also for his ability to effectively communicate complex concepts to stakeholders at all levels. At Swiss Re, his work as a Vice President has had a direct impact on the company’s finance transformation strategy, optimizing processes and enhancing financial reporting accuracy. His role in implementing data-driven solutions aligns seamlessly with modern regulatory demands and overall business strategies, making him a key player in the financial services industry.
His previous position as a Team Lead at Weberbank Actiengesellschaft and as an SAP Banking Consultant at PricewaterhouseCoopers equipped him with the strategic vision to align technology with business goals effectively. Steffen’s career path, beginning as a Trainee Credit Analyst at HypoVereinsbank - UniCredit Bank AG and progressing through various reputed organizations, exemplifies a professional journey characterized by continuous growth and learning. Each role has contributed valuable experience and insights that he brings to his current endeavors.
Steffen Krause is recognized for his impactful contributions to financial services, particularly in the areas of finance transformation, data management, and business intelligence solutions. His commitment to excellence and improvement in financial services is evident in all his projects, where he not only meets expectations but frequently exceeds them. With a promising career trajectory ahead, his work continues to inspire confidence and drive transformation within the industry.
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