Insurance Accountant

vor 1 Tag


Munich, Bayern, Deutschland AZGROUPPROD Vollzeit 40.000 € - 60.000 € pro Jahr

About us:

The world around us is changing rapidly and so is the insurance industry. Now's the right time to make a bold move and shape the future of insurance – this is Allianz Direct As a pan-European online insurer of the Allianz Group, launched in 2019, Allianz Direct is on its mission to become the most customer-oriented and efficient insurer on the market. Allianz Direct is truly changing the face of insurance, in customer experience, and in technology, processes, people and culture. 

An international team of business experts and engineers who live and breathe an agile way of working, are seeking to improve and change the way you do insurance. Driven by customer obsession and love for data, Allianz Direct strives for delivering an exceptional experience with a personal touch.

So, what makes Allianz Direct so unique? We believe in the power of simplicity and convenience and by doing so we have managed to set new standards when it comes to online insurance. 

Job Purpose/Role:

This diverse role exposes you to the different facets in Allianz Direct's (Re-)insurance Accounting function. You will contribute to managing the insurance accounts for Allianz. Within this responsibility you will be exposed to processing claims, to handling the financial accounts, to performing data quality controls and data analysis as well as to serving our stakeholders in all insurance accounting related matters. In addition, you will contribute to Allianz Direct's monthly and quarterly financial closing in line with German Accounting principles, IFRS 17 as well as Solvency II. 

Innovation is key to us – therefore we continuously look for process & system enhancements. This role will give you the opportunity to be part of our innovation journey.

Key responsibilities:


•    Manage and steer the insurance accounting data of AZ Direct

•    Data quality assurance and analysis, and provide transparency to management

•    Calculate German GAAP specific provisions

•    Timely reconciliation of insurance receivables and payables

•    Validate data to be reported to reinsurers

•    Ensure timely preparation of monthly, quarterly and annual financial statements, including analysis and clarification of intercompany differences

•    Apply internal as well as external accounting & reporting standards incl. German Accounting principles and IFRS

•    Define accounting requirements for new products and test implementation

•    Contribute to projects and initiatives on demand

•    Very close collaboration within the whole accounting function of AZ Direct, with actuaries and Allianz RE as major reinsurer

Qualifications/Key skills:


•    Ability of developing and applying operational excellence incl. process structure, process efficiency and process documentation

•    IT literate including Excel at advanced level

•    Excellent analytical skills, highly numerate and comfortable with quantitative analysis, with a good attention to detail

•    Excellent communication skills, both written and verbal

•    Strong team player and ability to work with others effectively

•    Strong organizational skills, ability to plan ahead and multi-task

•    Fluent in German and English (written and spoken)

Education & Experience:


•    University degree in Business administration (preferably with the focus on accounting) or comparable education (Certified Accountant) and / or equivalent practical experience

•    Experience in (re-)insurance operations and knowledge of reinsurance terms and conditions, in particular with regards to technical accounts

 85706 | Finance & Accounting | Professional |  | Allianz Direct | Full-Time | Permanent 

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.

We at Allianz believe in an inclusive workforce and are proud to be an equal opportunity employer.

We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Great to have you on board. Let's care for tomorrow.

Note: Having different strengths,  experiences, perspectives and approaches is an integral part of Allianz company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.  


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