Finance Analyst Senior | Remote

About the Company

• AZRA is a specialty niche reinsurer, domiciled in California.
• It is licensed as an admitted insurer in 36 states (including the District of Columbia).
• AZRA is a property casualty reinsurer that writes both prospective and legacy reinsurance.
• AZRA has specific skill in managing run-off liabilities for U.S. legacy insurance.
• It services Allianz Group affiliates and third parties, including third-party claims administration for asbestos, environmental, workers compensation, general liability, and construction defect liabilities.
• AZRA has about 150 employees nationwide, with most working remotely.
• Allianz Group is one of the most trusted insurance and asset management companies globally.

What you do

• Reporting & Analysis:
  • Prepare general ledger reconciliations, accounting, and financial reports for management, government, and regulatory agencies.
  • Interpret accounting data, analyze reports, and suggest appropriate actions.
  • Analyze and interpret new accounting principles set by regulatory bodies (e.g., FASB, NAIC, AICPA, SEC, and Allianz).
  • Support financial audits.
  • Compile monthly plan versus actuals for revenue and expenses and prepare quarterly analysis over the balance sheet.
  • Prepare slides, summaries, and talking points for the quarterly close meetings.
  • Prepare and present the quarterly financial results, including plan versus actual performance during the close meetings.
  • Prepare the forecast and plan, working closely with department leaders.
• Transactions:
  • Complete the monthly, quarterly, and annual close process to make sure financial statements are timely, accurate, and compliant.
  • Prepare, review, and analyze journal entries, account reconciliations, accruals, and variance explanations.
  • Complete accounting worksheets, journal entries, controls, and reports according to GAAP, Statutory, and IFRS Accounting Procedures for the insurance industry.
  • Partner with cross-functional teams to gather financial data, check transactions, and fix disagreements.
  • Bill and collect from intercompany affiliates and external parties; proactively find collection issues and suggest effective solutions.
• Projects & Initiatives:
  • Drive process improvements within the immediate team and the Finance department.
  • Take part in company-wide projects and initiatives as needed.
  • Use artificial intelligence tools and resources (e.g., generative AI).

What you bring

• 4 to 5 years of experience required.
• Demonstrated experience in casualty insurance and/or reinsurance, accounting, or finance.
• Proficiency with Microsoft Office suite of products and the ability to move through multiple systems, including accounting/sub-ledger.
• Four-year degree in Accounting, Finance, Business, or related field, or equivalent relevant work experience.
• You must be legally allowed to work in the US and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN). If you are currently on CPT/OPT, you are not eligible due to the need for future immigration sponsorship.
• Limited domestic and/or international travel may happen.

Salary

• $88,000.00 to $110,000.00 (This is the base salary range and does not include company benefits or other compensation. The role is also eligible for an annual incentive program.)

Benefits

• Allianz Group fosters an environment where everyone feels empowered to explore, grow, and shape a better future.
• We advocate for equal opportunities for all.
• We welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation.

Category

Data Analysis