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Senior Accounting Associate II

Job Level:  Professional
Location: 

O'Fallon, MO, US, 63368

Due Date:  as soon as possible
Area of Expertise:  Finance & Accounting
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  3864

Summary of Job

As a subject matter expert within the Recievable Mgmt are responsible for the ongoing analysis, collection, and resolution of open premium and deductible receivable balances.  Activities include, but are not limited to, early and late stage collection activities, cancellation processes, submission to outside collection agency, discrepancy resolution, write-off recommendations, escheatment procesees, relationship building, recommendation of write-offs, and adherence to local and global policies.

 

Key Responsibilites

  • Perform the collection activities for open receivables balances for assigned brokers and matter expert on IIP transactions, which include both written and verbal communications and working with internal and external customers in order to resolve the open balances.                                                                        
  • Be a cross-functional liaison with your business partners both internal and external (may include Operations, Underwriting, IT, Claims, Brokers and other Finance staff) on issues related specifically to Customer Service / Collections and Cash Application and work with the Receivables Management Team to ensure that the needs of all business parterns are being met throughout the department.
  • Accurate and timely analysis of open receivables balances, recommend write-offs where appropriate and process write-offs in accordance with local and global write-off policies, oversight of discrepancy process, and discrepancy resolution when process is complex and / or involved external customers                                                   
  • Maintain and / or build collaborative working relationships with other functional areas, internal, and external customers (Operations, Accounting, Underwriting, Claims, Brokers, etc.) in order to establish and / or improve processes, procedures, workflows, accuracy, and completeness.                                                                          
  • Build and maintain a transparent and collaborative working relationship with the Allianz India team that fosters training, quality assurance, sharing of best practices, etc.  
  • Set the market standard of excellence in all touch points with both internal and external customers. 

 

Technical Skills and Required Experience

  • Related business experience, ideally in commercial insurance            
  • Proven understanding of credit control practice and principles            
  • Knowledge of business systems such as GG, SAP / EIM, GetPaid            
  • Project and team work in an international and dynamic environment
  • Solid computer literacy, with proficiency in MS365 (Excel, MS Forms, MS Teams, etc.)        
  • Accounting technical knowledge to accurately record accounting transactions        
  • Agile management and principles        
  • Understanding insurance financial statements and their performance measurement incl. Drivers        
  • Ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
  • Analytical Thinking and Numeracy: Ablility to identify patterns and root causes in complex (e.g. ambiguous, from various sources) data and processes to rapidly distill key issues and provide insight in various situations        
  • Problem Solving Ability: Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation    
  • Communication and Presentation Skills: Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of         
  • Demonstrable leadership competencies including ability to collaborate with others, adapt to change and accept challenging assignments        
  • Project management: Ability to manage projects (milestone and task planning, managing resources, project controlling, monitoring, and reporting, moderation techniques) and to develop solutions while considering complex stakeholder structures and requirements
  • Bachelors Degree with an emphasis in Accounting, Finance, or Business or equal experience            
            
       
                

                                                                       

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit 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.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

 

Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.

 

For more information, visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.


Nearest Major Market: St Louis