Finance Analyst Senior - Remote

Allianz Insurance•Minneapolis, MN

3d•$88,000 - $110,000•Remote

About The Position

Under general direction, the Finance Analyst Senior is responsible for carrying out tasks within a specific Finance functional area (e.g., accounting, reinsurance). The Finance Analyst Senior handles routine to complex matters. Specific tasks can include preparing required financial reports, creating accounting journal entries and posting to ledger systems, prepare general ledger reconciliations, assist in the planning process, bill and collect from external parties and intercompany affiliates.

Requirements

4-5 years of experience required. Demonstrated experience in casualty insurance and/or reinsurance, accounting, or finance. Proficiency with Microsoft Office suite of products and ability to navigate multiple systems, including accounting/sub-ledger.
Four-year degree required. Accounting, Finance, Business or related or equivalent work experience.
Insurance and US Statutory reporting experience. Knowledge of automated accounting systems (SAP preferred).
You must be legally authorized to work in the US and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Responsibilities

Prepare general ledger reconciliations, accounting and financial reports for management, government and regulatory agencies
Interpret accounting data, analyze reports and recommend appropriate actions to be taken. Strong accounting and general ledger knowledge (debits, credits, etc.)
Analyze and interpret new accounting principles as established by regulatory bodies (e.g., FASB, NAIC, AICPA, SEC and Allianz)
Support financial audits
Prepare and book technical worksheets for Prospective Reinsurance business
Support out sourced financial activities
Record monthly and quarterly reinsurance activity
Assist in financial planning and documentation of procedures
Complete the monthly, quarterly, and annual close process to ensure timely, accurate, and compliant financial statements
Prepare, review, and analyze journal entries, account reconciliations, accruals and variance explanations
Complete accounting worksheets, journal entries, controls and reports in accordance with GAAP, Statutory and IFRS Accounting Procedures for the insurance industry
Partner with cross-functional teams to gather financial data, validate transactions, and resolve discrepancies
Bill and collect from intercompany affiliates and external parties; proactively identify collection issues and recommend effective solutions
Drive process improvements within immediate team and Finance department
Participate in company-wide projects and initiatives as needed
Utilization of artificial intelligence tools and resources (e.g. generative AI)