Job Description
This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Let's care for tomorrow.
Your ambitions. Your dreams. Your tomorrow.
Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for an Accountant, who will be based in our Chicago office.
The Impact You Will Have
This role supports the accounting activities for the close and consolidation of North American entities' financial statements for the 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 Allianz Commercial.
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.
Archive records to satisfy audit and statutory requirements.
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.
Drive both global and local initiatives as needed.
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 insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus.
Bachelor's Degree in Accounting.
The annualized base pay range for this role is $64,400 - $+7,371. 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.
6+282 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
Let's care for tomorrow.
Your ambitions. Your dreams. Your tomorrow.
Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for an Accountant, who will be based in our Chicago office.
The Impact You Will Have
This role supports the accounting activities for the close and consolidation of North American entities' financial statements for the 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 Allianz Commercial.
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.
Archive records to satisfy audit and statutory requirements.
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.
Drive both global and local initiatives as needed.
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 insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus.
Bachelor's Degree in Accounting.
The annualized base pay range for this role is $64,400 - $+7,371. 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.
6+282 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
💡 Quick Summary
Seeking a career-building opportunity? The Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Chicago offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.