Actuarial Accounting Analyst at Allianz Global Corporate & Specialty SE

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Jan, 26

Salary

92945.0

Posted On

18 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Analysis, Insurance Accounting, US Statutory Accounting, GAAP, IFRS, Data Reconciliation, Documentation, Process Improvement, Artificial Intelligence, Machine Learning, Matlab, R, SQL, Java, Communication, Problem Solving

Industry

Financial Services

Description

We are looking for an Actuarial Accounting Analyst based in Chicago. This role is a hybrid role. **NOTE: At this time, we will only accept applicants who are local to Chicago. Your Team 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. The Impact You Will Have In this role, you will support actuarial analysis in collaboration with other team members. This includes the procession of input data, preparation and updating of actuarial models, and documentation of assumptions and results. You will be involved in discussions with the business and maintains links to the other Actuarial and CFO departments as well as to Group functions. You will also provide project support in documentation and testing of the project deliverables. You will support local North American and company-wide IT transformation efforts. Some of your specific responsibilities could include: Develop global actuarial approaches and processes as well as enhance actuarial models and analyses. Present newly developed functionalities to stakeholders, globally and across all key business areas. Participate in closing meetings and assists in monitoring timeliness of processes and identifying items for discussion or resolution. Support accounting actuarial expert with local requests from other business areas to optimize processes and foster mutual understanding how business developments impact actuarial drivers in the financials. Prepare and reconcile data for actuarial processes and support the IBNR closing by running, maintaining and improving related tools. Provide documentation of processes, checks and controls. Drive innovation and efficiency in all our processes. What You’ll Bring to the Role At least 1 year of finance and insurance know-how (ideally P&C), as well as understanding of complexities inherent in an insurance group allowing for cross-departmental thinking. Experience in insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus. An Interest working in an international environment as part of a global team. Strong computer skills (MS Office including VBA and relevant expert systems such as Matlab, R, SQL or Java, etc.). Bachelor’s degree in Mathematics, Statistics or Accounting. Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing). The ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes. Ability to persuade and motivate others without direct authority. Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly resolve key issues and provide insight in various situations. Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation. A willingness to learn and explore how AI can enhance your role and the broader organization is expected. 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 $61473 - $92945. 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. 79375 | Actuarial | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent

Responsibilities

Support actuarial analysis by processing input data, preparing and updating actuarial models, and documenting assumptions and results. Collaborate with team members and provide project support in documentation and testing of deliverables.