Sr. Accountant I - Reinsurance

This position is responsible for supporting all accounting activities associated with the close and consolidation of the Company's financial statements for the North American entities of the AGCS business unit for our foreign-based parent.  Prepares the IFRS and Statutory financial statements, including audited financial statements, for a group of insurance and non-insurance affiliates.  Reviews and ensures adherence to IFRS and Statutory accounting policies and monitors company processes in support of the close.  Completes project work as assigned. 

Some of your specific responsibilities could include: 

• Prepares monthly financial statements on an IFRS basis, including completion of ECCS submissions to Allianz Commercial.   

• Monitor changes to IFRS reporting requirements and ensure compliance with accounting policies. 

• Prepare quarterly and annual Schedule F for multiple legal entities. Schedule F penalty  calculation and mitigation efforts to minimize for annual reporting. 

• Complete reconciliations between IFRS and Statutory reporting.  Drafts Footnote disclosures and management discussions and analysis for regulatory reporting. 

• Participates in daily close meetings and assists in monitoring timeliness of close processes and identifying items for discussion or resolution.  

• Prepares consolidated audited financial statements and coordinates audit requests within Finance, Underwriting and Claims.   

• Responds to state inquiries about financial results and coordinates state examinations of the insurance companies as needed. 

• Archive records to satisfy audit and statutory requirements.  

What You’ll Bring to the Role 

• Knowledge of IFRS/Statutory Accounting, with an emphasis on financial reporting.  

• Knowledge of insurance accounting principles, especially for property and casualty companies  

• Experience with SAP/BW/Cognos and proficient in Microsoft Office products.  

• Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements .  

• 3-5 years experience in financial statement preparation 

• 3-5 years experience in insurance accounting experience, including knowledge of US statutory and GAAP accounting principles.  Knowledge of IFRS is a plus. 

• College degree preferably in Accounting, Finance,  Business; CPA preferred 

• 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 $70,541 - $106,527.  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.