Sr. Accountant I

Allianz Insurance•Chicago, IL

9d•Hybrid

About The Position

We are looking for a Senior Accountant I, who will be based in the Chicago office. This will be a hybrid role. Your Team Our team is committed to 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. The Impact You Will Have This position is responsible for supporting all accounting activities associated with the close and consolidation of the Company's financial statements for the North American entities of the Allianz Commercial business unit for our foreign-based parent. Prepares the IFRS and Statutory financial statements, including audited financial statements, for a group of insurance and non-insurance affiliates. Reviews and ensures adherence to IFRS and Statutory accounting policies and monitors company processes in support of the close.Completes project work as assigned. What’s in it for you? Let’s care about everything that makes you, you We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us. Let’s care for your financial wellbeing We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. Let’s care for your opportunities to progress From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. Let’s care for life’s twists and turns From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. Let’s care for our society and our planet With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients. Care to join us? Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead. Learn more about careers at Allianz Commercial by clicking here. Learn more about Allianz Commercial by clicking here. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Join us. Let's care for tomorrow. People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [email protected] Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm.Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid. #LI-SP1 #LI-Hybrid

Requirements

3-5 years experience in Financial Statement preparation
3-5 years experience in relevant insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus.
Knowledge of IFRS/Statutory Accounting, with an emphasis on financial reporting.
Knowledge of insurance accounting principles, especially for property and casualty companies.
Experience with SAP/BW/Cognos and proficient in Microsoft Office products.
Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements.
Accounting, Finance or Business degree.
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

Nice To Haves

CPA Preferred.
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred.

Responsibilities

Prepares monthly technical close entries on an IFRS basis, including completion of ECCS submissions to Allianz Commercial. Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy.
Prepare quarterly and annual Statutory schedules for multiple legal entities.
Complete reconciliations between IFRS and Statutory reporting.
Drafts Footnote disclosures and management discussions and analysis for regulatory reporting.
Actively participates in daily close stand up team meetings, self monitoring of tasks completion and assists in monitoring timeliness of close processes and identifying items for discussion or resolution.
Completes monthly account reconciliations.
Responds to state inquiries about financial results and coordinates state examinations of the insurance companies as needed.
Archive records to satisfy audit and statutory requirements.

Benefits

We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

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