Senior Financial Analyst - ART

Your Team

The Alternative Risk Transfer (ART) line of business within Allianz Commercial specializes in creating innovative tailored structured insurance, captive reinsurance, and non-traditional risk management solutions for a diverse range of corporate and financial clients around the globe. Our expertise is aimed at helping customers mitigate complex risks with bespoke multi-year and multi-line agreements, utilizing the comprehensive capabilities of the Allianz Group.

The Impact You Will Have

In this role, you will be key in shaping the financial integrity and regulatory compliance of Allianz's ART underwriting results and insurance technical balance sheets. Your expertise will ensure the accuracy and reliability of financial data, facilitating informed decision-making and strategic planning. Through problem analysis and resolution, you will strive to enhance transparency in financial reporting, while your insights into special effects will contribute to a deeper understanding and proactive management of financial aspects.

Your responsibilities will extend to creating and maintaining efficient workflows that uphold high standards of quality and ensure timely delivery of financial and regulatory reports. You will play a vital role in safeguarding compliance, optimizing processes, and fostering a culture of excellence and reliability within the organization.

Specific Responsibilities May Include:

• Overseeing the accurate and timely completion of IFRS and statutory closing and reporting tasks, including monthly closings and regulatory reporting.
• Managing periodic account postings and reconciliations, as well as resolving intercompany transactions within affiliated groups.
• Handling monthly legal entity close submissions, incorporating accrual postings, manual adjustments, and other accounting transactions.
• Conducting checks and controls on underwriting results and insurance technical balance sheets, while analyzing obstacles and reporting on special effects.
• Reconciling and substantiating all assigned accounts, and archiving records to fulfill audit and statutory requirements.
• Drafting standards aimed at improving quality and contributing to the enhancement and implementation of global operation cycles, processes, and policies.
• Reviewing the P&L and balance sheets of ART entities, assisting internal clients with reports and research, while maintaining strong stakeholder relationships.

What You Will Bring

• Extensive knowledge of local GAAP, IFRS, Solvency 2, and other related reporting and compliance requirements.
• Professional experience in P&C (re-)insurance accounting, financial audit, controlling, or similar areas, with 3 to 5 years in the field.
• Expertise in finance and insurance, particularly P&C, along with a solid understanding of insurance group complexities for cross-departmental collaboration.
• Strong analytical skills, capable of efficiently processing data using Excel/Access and effectively communicating insights to diverse stakeholders.
• Advanced proficiency in Excel and PowerPoint for data analysis and presentation; familiarity with SAP tools is a plus.
• High level of competency in interpreting insurance financial statements and performance metrics.
• Adept at managing complex processes such as closing, reporting, and finance operations, with a good grasp of data flows.
• A willingness to learn and explore how AI can enhance processes within the role and the broader organization.

What’s in it for You?

Inclusive Environment

We are dedicated to fostering an inclusive workplace where all individuals feel a sense of belonging. A hybrid working model is in place, balancing in-person collaboration with remote working flexibility.

Financial Wellbeing

We believe in rewarding performance with a comprehensive compensation and benefits package, including a generous bonus scheme and pension.

Career Progression

We support lifelong learning through career development opportunities, digital learning programs, and international mobility initiatives.

Support for Life Changes

Our policies support flexible working arrangements and a focus on health and wellbeing, including private healthcare and parental leave benefits to assist in life's transitions.

Commitment to Society and Sustainability

Engage in initiatives that shape a safe, inclusive, and sustainable future, reflecting our commitment to the well-being of our employees, clients, and the industry.

Join Us

Allianz Commercial serves as the center of expertise within the Allianz Group, providing insurance solutions to mid-sized businesses, large enterprises, and special risks. Our diverse client portfolio encompasses top consumer brands, financial institutions, and various industries, offering a wide range of traditional and alternative risk transfer solutions.

At Allianz, we advocate for equal opportunities in an inclusive workplace where both people and performance matter, fostering a culture built on integrity, fairness, inclusion, and trust.

Be a part of our journey towards a better tomorrow.