(Re-)Insurance Accountant (m/f/x) - Allianz - München

Job description

Job Start: asap
Job Type: Full Time / Permanent
Non-executive position
Internal Applicants preferred period: 11.11.-25.11.2025

About us:

The world around us is changing rapidly and so is the insurance industry. Now’s the right time to make a bold move and shape the future of insurance – this is Allianz Direct! As a pan-European online insurer of the Allianz Group, launched in 2019, Allianz Direct is on its mission to become the most customer-oriented and efficient insurer on the market. Allianz Direct is truly changing the face of insurance, in customer experience, and in technology, processes, people and culture.

An international team of business experts and engineers who live and breathe an agile way of working, are seeking to improve and change the way you do insurance. Driven by customer obsession and love for data, Allianz Direct strives for delivering an exceptional experience with a personal touch.

So, what makes Allianz Direct so unique? We believe in the power of simplicity and convenience and by doing so we have managed to set new standards when it comes to online insurance.

Job Purpose/Role:

This diverse role exposes you to the different facets in Allianz Direct’s (Re-)insurance Accounting function. You will contribute to managing the insurance accounts for Allianz. Within this responsibility you will be exposed to processing claims, to handling the financial accounts, to performing data quality controls and data analysis as well as to serving our stakeholders in all insurance accounting related matters. In addition, you will contribute to Allianz Direct’s monthly and quarterly financial closing in line with German Accounting principles, IFRS 17 as well as Solvency II.

Innovation is key to us – therefore we continuously look for process & system enhancements. This role will give you the opportunity to be part of our innovation journey.

Key responsibilities:

• Manage and steer the insurance accounting data of AZ Direct
• Data quality assurance and analysis, and provide transparency to management
• Calculate German GAAP specific provisions
• Timely reconciliation of insurance receivables and payables
• Validate data to be reported to reinsurers
• Ensure timely preparation of monthly, quarterly and annual financial statements, including analysis and clarification of intercompany differences
• Apply internal as well as external accounting & reporting standards incl. German Accounting principles and IFRS
• Define accounting requirements for new products and test implementation
• Contribute to projects and initiatives on demand
• Very close collaboration within the whole accounting function of AZ Direct, with actuaries and Allianz RE as major reinsurer

Qualifications/Key skills:

• Ability of developing and applying operational excellence incl. process structure, process efficiency and process documentation
• IT literate including Excel at advanced level
• Excellent analytical skills, highly numerate and comfortable with quantitative analysis, with a good attention to detail
• Excellent communication skills, both written and verbal
• Strong team player and ability to work with others effectively
• Strong organizational skills, ability to plan ahead and multi-task
• Fluent in German and English (written and spoken)

Education & Experience:

• University degree in Business administration (preferably with the focus on accounting) or comparable education (Certified Accountant) and / or equivalent practical experience
• Experience in (re-)insurance operations and knowledge of reinsurance terms and conditions, in particular with regards to technical accounts

Offers “Allianz”

Job description