Vice President, Controller North America

Allianz Life, Chicago Illinois, US

Work at Allianz Life


Whether it's aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.

About the job

AGCS 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.

You will be responsible for all financial records/statements for all AGCS companies in North America in accordance with generally accepted accounting principles, statutory requirements, international accounting standards and established formats. You are also responsible for all local compliance with Group Accounting Standards and act as liaison for external auditors and the Departments of Insurance. You will provide vision and direction to the accounting team.

The role itself

Strategy and Execution

Develop strategy for own area of responsibility in alignment with Global functional and regional goals

Define clear and challenging targets, set priorities, monitor progress and address performance issues appropriately and effectively, empowering employees to execute tasks independently.

People

Drive organizational set up for own area of responsibility, including personnel selection and managing budget within plan.

Coach and develop employees in order to develop and improve the overall team.

Foster behavior of team members as desired according to AGCS standards (e.g., behavioral goals, etc.) and live up to the matrix organization.

Performance and Reporting

Financial closing for tax, regulatory and internal reporting requirements for functional area of responsibility.

Reporting of accounting related figures for internal and external requirements.

Balance sheet management and closing

Ensure reconciliation of intercompany transactions between AGCS legal entities and AGCS SE companies.

Monitor and present the results for respective area of responsibility, highlighting areas of concern.

Ensure data quality with closing process (reconciliation of figures with feeder systems).

Collaboration and Engagement

Foster cross-functional collaboration across the business to enhance overall business understanding through the value chain in addition to alignment and coordination with other CFO Colleagues.

Ensure compliance of reporting in line with regulatory and internal reporting requirements (including corporate guidelines, rules and principles, as well as adherence to authority levels).

Interface with Key Stakeholders

External auditors (e.g., KPMG).

Local Regulator's contact in relation to financial reporting (e.g., CA & IL DOI, OSFI in Canada).

Key contact for GAC, AGCS SE and other 3rd parties (e.g., tax authorities, state authorities).

Support finance function with other ad-hoc projects.

Desired Skills and Experience

Managerial accounting experience with in-depth knowledge and expertise in Property and Casualty insurance industry accounting techniques.

Experience in producing and analyzing financial statements with exposure to budgeting, reporting and business analysis.

Strong leadership skills including setting vision, establishing priorities, and developing people with experience in leading teams in a complex, professional environment in addition to leading staff through change.

Comprehensive knowledge of

IFRS accounting, tax, and other requirements.

US Statutory accounting and other regulatory requirements;

ICOFR/Sox/Other financial controls

Insurance financial statements and performance management.

Excellent communication and presentation skills with an ability to convey complex financial information clearly and effectively with respect to level and audience

Strong process and project management skills with ability to;

drive organizational change.

Ability to navigate complexity, respond to ambiguous situations, and anticipate and resolve issues

Strong influencing skills

MBA preferred and CPA Required

Why work for AGCS

Significant career opportunity for you to stretch, develop new skills, lead from the front, and progress in new roles.

We offer training, career personal development, including multiple career pathing opportunities.

Our Diversity, Equity & Inclusion (DEI) strategy focuses on access to diversity education, increasing representation at all levels, and fostering an environment of belonging.

Our Hybrid working model blends the best parts of remote work and in-office collaboration focusing on the importance of work-life balance

Our modern office environments across the globe provide the perfect space for collaboration as a team or working independently.

What we offer

We offer an excellent benefits package including.

A competitive compensation

Generous Bonus Structure

Comprehensive Healthcare plans

Various Flexible benefit options for individual selection

Who We Are Who are we?

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of 9.3 billion gross premium globally.

Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Diversity of minds is an integral part of Allianz' company culture.

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