Reinsurance Accountant I, Chicago, IL
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 (KPMG) 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 faced 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 or other Business degree preferred.~crlf~~crlf~
Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.
Allianz Global Corporate & Specialty (AGCS) is the Allianz Group's dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).
Worldwide, AGCS operates in 30 countries with own units and in over 210 countries and territories through the Allianz Group network and partners. In 2016, it employed around 5,000 people and provided insurance solutions to more than three quarters of the 'Fortune Global 500' companies, writing a total of €7.6 billion gross premium worldwide.~crlf~~crlf~AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best.~crlf~~crlf~More information about careers at Allianz Global Corporate Specialty can be found at www.agcs.allianz.com/careers~crlf~~crlf~
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