Sr. Accountant I
Company: Disability Solutions
Location: Chicago
Posted on: April 19, 2024
Job Description:
Let's care for tomorrow. Your ambitions. Your dreams. Your
tomorrow At Allianz Commercial (AzC), we are the global leader for
insuring corporate and specialty risks in the Allianz Group.
Whether it's aircraft, satellites, the world's biggest ships and
tallest building, cyber-attacks or climate change impacts, AzC has
the major risks covered when it comes to protecting businesses. We
are looking for a Senior Accountant I (m/f/d), based in 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 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 AzC 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. Some of your specific responsibilities
could include:
- Prepares monthly techncial close entries on an IFRS basis,
including completion of ECCS submissions to AzC. Monitor changes to
IFRS reporting requirements and ensure compliance with accounting
policy.
- Prepare quarterly and annual Statutory schedules for multiple
legal entities. Schedule F penalty calculation and mitigation
efforts to minimize for annual reporting.
- 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 reconiliations.
- 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.
What You'll Bring to the Role
- 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
- CPA Preferred The annualized base pay range for this role is
$62,045 - $105,345. The annual base salary range represents a
Chicago 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. 33750 - Finance & Accounting - Professional
- Non-Executive - 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 (AzC) is a
global corporate insurance carrier and part of Allianz Group. We
provide risk consultancy, Property-Casualty insurance solutions and
alternative risk transfer for a wide spectrum of commercial,
corporate and specialty risks across 10 dedicated lines of
business. Learn more about us by clicking . Allianz is an equal
opportunity employer, and therefore welcomes applications
regardless of ethnicity or cultural background, age, gender,
nationality, religion, disability, sexual orientation or any other
protected characteristic. Diversity of thinking is an important
part of our company culture. Recruitment Agencies: AzC has an
in-house recruitment team, which focuses on sourcing great
candidates directly. AzC 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. #LI-DNP #LI-Hybrid Nearest
Major Market: Chicago
Keywords: Disability Solutions, Oak Park , Sr. Accountant I, Accounting, Auditing , Chicago, Illinois
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