Senior Accountant I
$65k - $85kAllianz
Senior Accountant
We are looking for a Senior Accountant based in Chicago. This will be a hybrid role.
Your team is committed to investing 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.
Some of your specific responsibilities could include:
- Document application of policies, procedures and workflow for assigned areas of responsibility
- Archive records to satisfy audit and statutory requirements
- Draft standards to improve quality as well as active contribution in improving and implementing global operation cycles, processes and workflows as well as the implementation of global policies and procedures
- Ensure that all IFRS, GAAP and statutory closing and reporting tasks (e.g. annual report, reporting to regulatory authorities, NAIC reporting, other internal/external reporting requirements) 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 and settle 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
- Manage relationship with 3rd parties (auditors, business units, tax authorities, public authorities, etc.)
- Assist internal clients (e.g. other departments) 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
What you'll bring to the role:
- 5-7 years experience in reinsurance, P&C insurance and/or asset management
- 5-7 years experience in proven understanding of standard accounting (GAAP & IFRS) for insurance and reinsurance
- 3-5 years experience in project and team work in an international and dynamic environment
- Understanding insurance financial statements and their performance measurement including drivers
- Comprehensive knowledge of local GAAP, IAS/IFRS, regulatory, tax and other relevant requirements (such as Allianz Accounting policies) writing reporting, compliance and declaration
- Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
- AI Literacy: AI data analysis and workflow automation using applications like Microsoft Copilot, ChatGPT etc.
- Bachelor's degree in Accounting, Finance, or Business degree
- Locally recognized professional qualification related to Accounting (e.g. CPA, ACCA, etc.), if applicable.
- A willingness to learn and explore how AI can enhance your role and the broader organization is expected.
External applicants must be legally authorized to work in the United States or Canada 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.
US Applicants: The annualized base pay range for this role is $65,000 - $85,000 USD. The annual base salary range represents nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
Canada Applicants: The annualized base pay range for this role is $75,000 - $90,000 CAD. We also offer a target bonus of 5%. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
Be advised that the position you are applying for involves responsibilities related to cash handling. As part of our commitment to ensuring the safety and security of our operations, all candidates (internal and external) selected for this role will be required to undergo a background check. This process includes, but is not limited to, verification of criminal history and financial history. By applying for this position, you acknowledge and consent to the background check as a condition of employment.
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