Reinsurance Accountant

Job description

Allianz Services is proud to serve and be part of Allianz Group, one of the world's leading insurers and asset managers. Our global footprint, with more than 7,300 employees located across ten countries and four continents, enables us to unlock value for our partners across the insurance value chain and deliver superior client experience within Allianz Group. At Allianz Services, we have a strong specialization in core insurance operations, shared services, business analytics, engineering, and management consulting. Our people and our trusted relationships with partners are what matter most. These are rooted in our values of compassion, integrity, and expertise and we strive to continuously evolve, improve, and deliver excellence while contributing successfully to the transformation of Allianz. Caring actively for the environment, for people, and for our customers is what makes us a great place to work and together we are shaping a better and more caring tomorrow.   

 

Allianz Services is a company which belongs to the legal entity, Allianz Technology SE.   

 

 

Job role

As a Reinsurance Accountant you will support our clients in managing and overseeing financial transactions related to reinsurance contracts within the organization. You will ensure accurate recording, reporting, and analysis of reinsurance activities in compliance with regulatory standards and company policies.

 

What you will do

·  Technical accounting of premium, claim and reserves based on statement of accounts or on bordereaux in SAP
·  Support in monthly closing and handling queries from accounting teams, brokers, cedents
·  Chasing of overdue balances and allocation of cash in a timely manner
·  Monthly/Quarterly statement preparation and sending it across to reinsurers/brokers
·  Following up on overdue balances with cedents/brokers
·  Coordination of payment settlements with brokers and reinsurers, in particular the control of outstanding balances
·  Monthly reconciliation of open balances of each business partner followed by Dunning process for overdue balances
·  Coordination with other departments (such as operations, accounting, claims) in improving processes as well as taking part in projects
·  Preparing specific reports for various stakeholders such as Allianz Group or Regulating or State Regulatory Authority

 

What you bring

·  Independent and intrinsically motivated; strong organizational skills, with ability to work on own initiative, adaptable
·  Ability to handle complex processes including understanding of data flows
·  Outstanding analytical skills with ability to analyse complex data / information from multiple sources
·  Excellent communication skills, both written and verbal, fluency in written and spoken English
·  Strong judgement, investigation skills and quantitative and analytical skills

 

You have

·  University Degree (preferably Accounting, Economics or Finance)
·  Experience in Reinsurance Accounting, Insurance, or similar financial area
·  SAP Knowledge
·  Proficiency in MS Office (primarily Excel)
·  Fluent in English

 

We support your well-being 

 

We foster an inclusive and healthy workplace with a flexible hybrid working model: 

·  Experience access to counseling services, mental health resources, and well-being sessions designed to keep you feeling your best 
·  Enjoy a monthly budget via the Benefit platform, for personalized benefits packages, including comprehensive medical subscriptions, meal tickets, private pensions plans, life insurance, Allianz Tiriac insurance discounts, and many more. 
·  Prioritize what truly matters with time off for your birthday, extra days off for each year in Allianz (up to 5),  days off for legal holidays that fall on weekends, as well as 24th and 31st of December, plus special allowances to support diverse life events.  

 

We invest in your growth 

 

Benefit from an extensive learning curriculum designed to support your career advancement and meet your professional needs, with access to technical and soft-skills trainings, international certifications (Agile, Lean Six Sigma, Prince, ITIL, IFOA, ACCA, IACCM and more), learning resources from LinkedIn and Allianz platforms, opportunities to advance your languages skills(German, French, English) and elevate with our leadership Program.

   

We value you and your work 

 

We acknowledge and recognize your work through performance based-rewards to celebrate your achievements, team and individual recognition programs to celebrate your contributions and internal referral bonuses.  

 

Your personal information, including sensitive data, may be shared with Hiring Managers to assess your suitability as a candidate. Only suitable candidates will be contacted, and all applications are confidential. Allianz Group, a trusted global insurance and asset management company, values employee ambitions and challenges, fostering an empowering environment. We are committed to diversity and inclusion, welcoming applications from all backgrounds, regardless of ethnicity, age, gender, nationality, religion, disability, or sexual orientation. Allianz is an equal opportunity employer, encouraging you to bring your whole self to work. 

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