[Hiring] Senior Finance Analyst @Allianz Insurance

Role Description

Under general direction, the Finance Analyst Senior is responsible for carrying out tasks within a specific Finance functional area (e.g., accounting, reinsurance). The Finance Analyst Senior handles routine to complex matters. Specific tasks can include:

• Preparing required financial reports.
• Creating accounting journal entries and posting to ledger systems.
• Preparing general ledger reconciliations.
• Assisting in the planning process.
• Billing and collecting from external parties and intercompany affiliates.

What you do:

• Reporting & Analysis
  • Prepare general ledger reconciliations, accounting and financial reports for management, government and regulatory agencies.
  • Interpret accounting data, analyze reports and recommend appropriate actions to be taken.
  • Analyze and interpret new accounting principles as established by regulatory bodies (e.g., FASB, NAIC, AICPA, SEC and Allianz).
  • Support financial audits.
  • Prepare and book technical worksheets for Prospective Reinsurance business.
  • Support outsourced financial activities.
  • Record monthly and quarterly reinsurance activity.
  • Assist in financial planning and documentation of procedures.
• Transactions
  • Complete the monthly, quarterly, and annual close process to ensure timely, accurate, and compliant financial statements.
  • Prepare, review, and analyze journal entries, account reconciliations, accruals and variance explanations.
  • Complete accounting worksheets, journal entries, controls and reports in accordance with GAAP, Statutory and IFRS Accounting Procedures for the insurance industry.
  • Partner with cross-functional teams to gather financial data, validate transactions, and resolve discrepancies.
  • Bill and collect from intercompany affiliates and external parties; proactively identify collection issues and recommend effective solutions.
• Projects & Initiatives
  • Drive process improvements within immediate team and Finance department.
  • Participate in company-wide projects and initiatives as needed.
  • Utilization of artificial intelligence tools and resources (e.g. generative AI).

Qualifications

• 4-5 years of experience required.
• Demonstrated experience in casualty insurance and/or reinsurance, accounting, or finance.
• Proficiency with Microsoft Office suite of products and ability to navigate multiple systems, including accounting/sub-ledger.
• Four-year degree required in Accounting, Finance, Business or related field or equivalent work experience.
• Insurance and US Statutory reporting experience.
• Knowledge of automated accounting systems (SAP preferred).

Requirements

• You must be legally authorized to work in the US and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc).
• If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Benefits

• Job posting range $88,000.00 - $110,000.00.
• Note the job posting range is exclusive of company benefits or other compensation.
• This role is also eligible for an annual incentive program.
• Your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education.
• Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.