Accountant at Allianz Global Corporate & Specialty SE

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jan, 26

Salary

100038.0

Posted On

11 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Statement Preparation, International Organization Experience, Insurance Accounting, IFRS, GAAP, Statutory Accounting, SAP, Cognos, Microsoft Office, Data Quality, Reporting, Process Improvements, Audit Coordination, Regulatory Reporting, Footnote Disclosures, Management Discussions

Industry

Financial Services

Description

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 $58400 - $100038. 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. 83089 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent 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 tomorro 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 agcsglobalcareers@allianz.com 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 recruiters. 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

Responsibilities

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 and ensuring compliance with accounting policies.