Accounting Process Improvement Analyst

Munich Re•Batavia Township, OH

3d•Hybrid

About The Position

The Accounting Process Improvement Analyst is a highly visible role that strengthens internal controls, improves financial accounting and reporting processes, and supports priority projects. Approximately 70% of the role focuses on monitoring general accounting controls and controls for specialty lines administered through third-party programs. The analyst plans and performs controls testing, evaluates control effectiveness, supports remediation, and partners with control owners and assurance stakeholders. The role also applies artificial intelligence, data analytics, workflow automation, and other technologies to improve testing and recurring Accounting activities while coordinating cross-functional deliverables and escalating significant issues.

Requirements

Strong knowledge of internal controls and experience in financial statement audit, internal audit, or accounting controls testing, including workpapers, evidence evaluation, findings, and results communication.
Ability to document end-to-end accounting processes, connect risks to controls and testing procedures, and apply accounting and financial reporting principles; Statutory or technical insurance accounting knowledge is preferred.
Experience using technology, data analytics, artificial intelligence, or automation for audit, controls testing, or accounting processes, including identifying opportunities, defining requirements, validating outputs, and documenting related controls.
Familiarity with Microsoft 365 and data visualization, analytics, workflow automation, audit, or process-mapping tools; Python experience is a plus.
Strong analytical, problem-solving, project management, communication, presentation, and stakeholder management skills, with the ability to manage priorities independently and exercise sound judgment.
Property and casualty insurance, MGA, regulated financial services, public accounting, or large corporate accounting/internal audit experience is preferred.
Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
Three or more years of accounting, internal audit, or financial statement audit experience.

Nice To Haves

Statutory or technical insurance accounting knowledge is preferred.
Python experience is a plus.
Public accounting, large corporate accounting/internal audit, property and casualty insurance, or MGA experience, preferred.
CPA, CIA, CISA, CPCU, ARM, AIAF, progress toward a relevant designation, or technology-enabled audit or controls testing experience, preferred.

Responsibilities

Plans and performs risk-based accounting controls testing, conducts process walkthroughs, evaluates control design and operating effectiveness, and maintains complete, audit-ready documentation.
Analyzes exceptions and process issues, identifies root causes and impacts, communicates results objectively, and escalates significant issues and roadblocks.
Partners with control owners to develop remediation plans, monitor open items, and validate that corrective actions operate effectively and sustainably.
Supports risk and control assessments, fraud risk activities, control monitoring, and standardized testing, documentation, policies, procedures, and reporting.
Leads or supports process improvements that increase quality, consistency, transparency, and efficiency while maintaining appropriate governance and controls.
Applies artificial intelligence, data analytics, workflow automation, and other technologies to improve testing and recurring Accounting processes; validates outputs and documents solution logic, controls, limitations, and procedures.
Develops dashboards, analyses, and reporting; works with data stewards and stakeholders to resolve data issues affecting accounting, reporting, controls, or operations.
Manages or supports Accounting projects and special requests, coordinates cross-functional deliverables, and creates procedures, job aids, presentations, and training materials.

Benefits

Two options for your health insurance plan (PPO or High Deductible)
Prescription drug coverage (included in your health insurance plan)
Vision and dental insurance plans
Short and Long Term Disability coverage
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
Eligibility to receive a yearly bonus as a Munich Re employee
A variety of health and wellness programs provided at no cost
A hybrid environment that gives you a choice in where and how you get work done
A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
An on-site complimentary workout facility as well as walking trails on campus grounds
On-site wellness center complete with nurse practitioner
Financial assistance for adoptions and infertility treatment
Paid time off for eligible family care needs
Tuition assistance and educational achievement bonuses
Free parking
A corporate matching gifts program that further enhances your charitable donation
Paid time off to volunteer in your community