Allianz Commercial
Allianz Commercial is hiring: Accountant in Chicago
Allianz Commercial, Chicago, IL, US, 60290
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We are looking for an Accounting Associate, who will be based in O’Fallon 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 role supports the accounting activities for the close and consolidation of North American entities' financial statements for the Allianz Commercial business unit. Responsibilities include preparing IFRS and Statutory financial statements, including audited financial statements for insurance & non-insurance affiliates, ensuring compliance with accounting policies, monitoring company processes, and completing assigned project work. This role will be a vital member of the Financial Reporting team, ensuring efficient financial reporting and consolidation processes.
Some of your specific responsibilities could include:
Prepare monthly financial statements on an IFRS basis, including completion of ECCS submissions to AGCS
Prepare quarterly and annual statutory financial statements (Yellow books) for the insurance companies and completes reconciliations between IFRS and statutory reporting
Draft Footnote disclosures and management discussions and analysis for regulatory reporting
Prepare consolidated audited financial statements and coordinates audit requests within Finance, Underwriting and Claims
Monitor changes to IFRS reporting requirements and ensure compliance with accounting policy
Participate in daily close meetings and assists in monitoring timeliness of close processes and identifying items for discussion or resolution
Identify and execute on process improvements to minimize manual efforts and focus on automation or semi-automation of processes
Manage to the data quality standards within the team to meet regulatory requirements and internal reporting needs
Assist internal clients (e.g. other departments) with reports, research and other activities.
Key contact for other functions regarding accounting results, processes, and internal controls
Correspond and answer inquiries with third-party entities, including auditors, business units, tax authorities, public authorities, and others
What You’ll Bring To The Role
1-3 years experience in Financial Statement preparation
1-3 years experience working for an international organization
1-3 years experience in relevant insurance accounting experience, including knowledge of US statutory Knowledge of IFRS/GAAP/Statutory Accounting, with an emphasis on financial reporting
Experience with SAP/BW/Cognos and proficient in Microsoft Office products (Excel, Access & database tools
Knowledge of insurance accounting principles, especially for property and casualty companies
Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements and GAAP accounting principles
Bachelor’s degree in Business, Accounting or Finance preferred
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred
The annualized base pay range for this role is $58,400 - $100,038. 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.
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.
We believe in rewarding performance with a great compensation and benefits package, 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.
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.
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 agcsglobalcareers@allianz.com
Allianz Commercial is an equal opportunities employer and welcomes applications from all qualified candidates.
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