Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally.

Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian.  

At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

Job role

As a Financial Accountant you will support our clients in managing and overseeing financial transactions related to reinsurance contracts within the organization. You will ensure accurate recording, reporting, and analysis of reinsurance activities in compliance with regulatory standards and company policies.

What you will do

• Technical accounting of premium, claim and reserves based on statement of accounts or on bordereaux in SAP.
• Support in monthly closing and handling queries from accounting teams, brokers, cedents.
• Chasing of overdue balances and allocation of cash in a timely manner.
• Monthly/Quarterly statement preparation and sending it across to reinsurers/brokers.
• Following up on overdue balances with cedents/brokers
• Coordination of payment settlements with brokers and reinsurers, in particular the control of outstanding balances.
• Monthly reconciliation of open balances of each business partner followed by Dunning process for overdue balances.
• Coordination with other departments (such as operations, accounting, claims) in improving processes as well as taking part in projects.
• Preparing specific reports for various stakeholders such as Allianz Group or Regulating or State Regulatory Authority.

What you bring

• Independent and intrinsically motivated; strong organizational skills, with ability to work on own initiative, adaptable.
• Ability to handle complex processes including understanding of data flows.
• Outstanding analytical skills with ability to analyse complex data / information from multiple sources.
• Excellent communication skills, both written and verbal, fluency in written and spoken English.
• Strong judgement, investigation skills and quantitative and analytical skills.

You have

• University Degree (preferably Accounting, Economics or Finance).
• Experience in Reinsurance Accounting, Insurance, or similar financial area.
• SAP Knowledge
• Proficiency in MS Office (primarily Excel).
• Fluent in English.