Reinsurance Accountant, Chicago, IL

Allianz Global Corporate & Specialty

Responsible for the accounting, settlement, and credit control activities associated with complex reinsurance programs. This position will also be responsible for developing and monitoring reinsurance completeness and accuracy controls on assigned reinsurance activity booked.

##Perform accounting and settlement of transactional activities for assumed and ceded facultative reinsurance payables and recoverables.~crlf~##Work collaboratively with other Functional areas (e.g., Operations, Accounting, Claims) and other AGCS branch finance team in establishing reinsurance processes, booking flows and accuracy completeness controls.~crlf~##Monitor credit control activities which drives collateral requirements for Schedule F.~crlf~##Lead projects related to system upgrades, integration, and migration, including testing of new systems for completeness, accuracy, and functionality.~crlf~##Working with outside Auditors (PWC) on required sample testing and data gathering.~crlf~##Other assigned projects as required.~crlf~~crlf~

##Minimum of 1 year of P&C insurance industry experience in Reinsurance Billing, Collections and reporting;~crlf~##Knowledge and experience in dealing with various Reinsurance programs (Treaty and Facultative);~crlf~##Understanding of Operational booking processes;~crlf~##Knowledge and understanding of standard accounting (GAAP) and P&C (Statutory) insurance and reinsurance practices and principles;~crlf~##Knowledge and experience in dealing with various multi-currency systems and accounting for multi-currencies;~crlf~##Strong organizational, analytical and multi-tasking skills necessary to manage multiple deadlines and changing priorities in a fast-paced environment;~crlf~##Ability to collaborate with others, adapt to change and accept challenging assignments;~crlf~##Proficient with Intermediate/Advanced Microsoft Office software (Word, Excel, PowerPoint, etc.);~crlf~##Excellent written and verbal communication skills;~crlf~##Ability to build and foster relationships across the organization; and~crlf~##Bachelor's degree in Accounting, Finance or Business preferred.~crlf~~crlf~

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us. Let’s care for tomorrow.~crlf~~crlf~We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

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

 
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