Senior Accountant II

Allianz Insurance • Chicago, IL

93d • $75,409 - $128,400

About The Position

We are looking for a Senior Accountant II (m/f/d), based in Chicago. Allianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We’d love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours.

Requirements

• 5-7 years of professional experience in P&C insurance/reinsurance
• Bachelor’s Degree in Accounting, Finance or Business
• CPA preferred, but not required
• Proven understanding of standard accounting (GAAP, Statutory & IFRS) for insurance and reinsurance
• Project and team work in an international and dynamic environment
• Understanding insurance financial statements and their performance measurement including drivers
• Comprehensive knowledge of Statutory accounting, IAS / IFRS, Regulatory, Tax and other relevant requirements
• Ability to handle complex processes including understanding of data flows
• Ability to manage projects and to develop solutions while considering complex stakeholder structures and requirements
• Strong analytical skills and ability to stay focused in a deadline driven environment with minimal supervision
• Advanced proficiency in Microsoft Office products (primarily Excel and PowerPoint)
• Strong ability to understand, elaborate and convey information clearly and effectively to any audience/level of management
• Reliability & conscientiousness, assertive, yet cooperative team player
• A basic understanding of artificial intelligence (AI) and its potential applications in business is essential

Responsibilities

• Review transactional bookings on a regular (quarterly) basis to ensure accurate P&L impacts
• Governance and quality assurance
• Document application of policies, procedures and workflow for assigned areas of responsibility
• Ensure all IFRS, GAAP and Statutory closing and reporting tasks related to own area of responsibility are accurate and timely on a global basis
• Complete assigned postings, journal entries and account reconciliations on a periodic basis
• Reconcile intercompany transactions within the affiliated company group
• Coordination, transfer and reconciliation of data from interfaces of front-end systems
• Take care of monthly legal entity close submission activities, including posting of accruals, deferred acquisition expenses and other accounting transactions
• Global P&L analysis and reviews
• Assist internal clients with reports, research and other activities
• Manage relationship with 3rd parties (auditors, business units, tax authorities, public authorities, etc.)
• Identify problems and opportunities for improvements; propose creative solutions that improve qualitative and quantitative performance

Benefits

• Great compensation and benefits package including a generous bonus scheme and pension
• Hybrid working model with flexible working arrangements
• Career development and digital learning programs
• International career mobility opportunities
• Support for health and wellbeing including private healthcare and generous parental leave benefits
• Support for returning from career breaks

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees