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Head of Financial Close and Reporting

Job Level:  Management

Chicago, IL, US, 60606

Available until:  01/30/2023
Area of Expertise:  Finance & Accounting
Unit:  Allianz Global Corporate & Specialty
Employing Entity:  Allianz Global Risks US Insurance Compan
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  17937

Let’s care for tomorrow.

Your ambitions.  Your dreams.  Your tomorrow

At Allianz Global Corporate and Specialty SE (AGCS), 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, AGCS has the major risks covered when it comes to protecting businesses.



We are looking for a Head of Financial Close and Reporting (m/f/d), based in Chicago


Your Team

AGCS 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

Reporting to the managing director of finance, you will join the team as Head of Financial Close and Reporting, providing support to and is a critical part of the Company's finance department. You will direct all activities associated with the close and consolidation of the Company's financial statements for the North American entities of the AGCS business unit for our foreign-based company. You will manage a team of approximately 15 direct and indirect reporting accounting professionals and act as a liaison between operational accounting units, internal management and external contacts.    


Some of your specific responsibilities could include:

  • Oversee the preparation and review monthly, quarterly and annual financial reporting on US statutory, international IFRS and Canadian P&C 2 accounting basis, including the closing activities required for the preparation
  • Monitor and analyze financial data in order to make recommendations to business stakeholders
  • Implement and maintain proper accounting methods and policies that align with the required accounting guidance by staying up to date on any accounting changes
  • Manage relationship with external auditors and various state Departments of Insurance  
  • Support the completion of the accounting and reporting of the investment portfolio and various data calls
  • Effectively lead and develop a staff of accounting professionals     


What You’ll Bring to the Role

  • Minimum 7 to 10 years insurance accounting experience required
  • ICOFR Experience, Statutory Accounts Preparations, IFRS Accounting Background required
  • Strong written and verbal communication skills required
  • Experience in project management along with collaboration skills
  • Tech savvy in Excel and Word and ability to learn new systems
  • Bachelors degree in Accounting, Finance or Business,
  • Certified Public Accountant (CPA)        
  • Masters in Business Administration and experience working for an international organization preferred    


The annualized base pay range for this role is $119,280 - $203,072.  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 AGCS 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.


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 programmes 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 Global Corporate & Specialty (AGCS) 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 here.


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.


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

Recruitment Agencies: 
AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS 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-NG1 #LI-Hybrid


Nearest Major Market: Chicago