Actuarial Accounting Analyst
Chicago, IL, US, 60606
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for an Actuarial Accounting Analyst based in Chicago. This role is a hybrid role.
Your Team
Allianz Commercial (AzC) 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
In this role, you will support actuarial analysis in collaboration with other team members. This includes the procession of input data, preparation and updating of actuarial models, and documentation of assumptions and results. You will be involved in discussions with the business and maintains links to the other Actuarial and CFO departments as well as to Group functions. You will also provide project support in documentation and testing of the project deliverables. You will support local North American and company-wide IT transformation efforts.
Some of your specific responsibilities could include:
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Develop global actuarial approaches and processes as well as enhance actuarial models and analyses. Present newly developed functionalities to stakeholders, globally and across all key business areas.
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Participate in closing meetings and assists in monitoring timeliness of processes and identifying items for discussion or resolution.
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Support accounting actuarial expert with local requests from other business areas to optimize processes and foster mutual understanding how business developments impact actuarial drivers in the financials.
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Prepare and reconcile data for actuarial processes and support the IBNR closing by running, maintaining and improving related tools.
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Provide documentation of processes, checks and controls.
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Drive innovation and efficiency in all our processes.
What You’ll Bring to the Role
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At least 1 year of finance and insurance know-how (ideally P&C), as well as understanding of complexities inherent in an insurance group allowing for cross-departmental thinking.
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Experience in insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus.
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An Interest working in an international environment as part of a global team.
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Strong computer skills (MS Office including VBA and relevant expert systems such as Matlab, R, SQL or Java, etc.).
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Bachelor’s degree in Mathematics, Statistics or Accounting.
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Ability to understand, elaborate and convey information clearly and effectively in respect to the audience / level of management (both verbal and in writing).
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The ability to positively influence others' actions, decisions, opinions or thinking resulting in positive outcomes. Ability to persuade and motivate others without direct authority.
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Ability to identify patterns and root causes in complex (e.g., ambiguous, from various sources) data and processes to rapidly resolve key issues and provide insight in various situations.
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Ability to identify and initiate appropriate actions to remediate issues that can be abstract / ambiguous and follow through on their remediation.
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A willingness to learn and explore how AI can enhance your role and the broader organization is expected.
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Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred
The annualized base pay range for this role is $61473 - $92945. The annual base salary range represents nationwide 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 AzC 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.
79375 | Actuarial | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent
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 programs 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 Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations
Join us. Let's care for tomorrow
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 agcsglobalcareers@allianz.com
Recruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial 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. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid
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Nearest Major Market: Chicago
