Senior Accounting Associate

This job is with Allianz Commercial, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

We are looking for an Accounting Associate II, based in O'Fallon.  This will be a hybrid role.

The Impact You Will Have
Responsible for the ongoing analysis, collection, and resolution of open premium and deductible receivable balances.  Activities include, but are not limited to, early and late stage collection activities, cancellation processes, submission to outside collection agency, discrepancy resolution, write-off recommendations, escheatment processes, relationship building, recommendation of write-offs, and adherence to local and global policies.

Some of your specific responsibilities could include:
Perform the collection activities for open receivables balances, which include both written and verbal communications and working with internal and external customers in order to resolve the open balances

Accurate and timely analysis of open receivables balances, oversight of discrepancy process, and discrepancy resolution when process is complex and / or involved external customers

Assist with various collection activities, projects, and processes as assigned.
Work with third party collections agencies, law firms, and other external customers as needed in order to resolve open receivables and late stage balances.

Analyze open balances and recommend write-offs where appropriate and process write-offs in accordance with local and global write-off policies

Set the market standard of excellence in all touch points with both internal and external customers.

What You'll Bring to the Role
3-5 years experience in reinsurance, P&C insurance and / or asset management

1-3 years experience in proven understanding of credit control practice and principles

High School Diploma required

Associate degree in Business, Accounting or Finance, 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 $57200 - $86476.  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.

Be advised that the position you are applying for involves responsibilities related to cash handling. As part of our commitment to ensuring the safety and security of our operations, all candidates ( internal and external) selected for this role will be required to undergo a background check. This process includes, but is not limited to, verification of criminal history and financial history.

By applying for this position, you acknowledge and consent to the background check as a condition of employment.

88096 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Let's care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film…