Finance Analyst Senior - Remote (Minneapolis, MN, US, 55416)

ALLIANZ REINSURANCE OF AMERICA, INC.

AZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities. 

AZRA has approximately 150 employees located nationwide with the majority working on a remote basis. AZRA is rated “AA-“ by Standard & Poor’s. As of December 31, 2025, AZRA had total admitted assets of USD $3.6 billion and policyholders’ surplus of $265 million.

Under general direction, the Finance Analyst Senior is responsible for carrying out tasks within a specific Finance functional area (e.g., accounting, reinsurance). The Finance Analyst Senior handles routine to complex matters. Specific tasks can include preparing required financial reports, creating accounting journal entries and posting to ledger systems, prepare general ledger reconciliations, assist in the planning process, bill and collect from external parties and intercompany affiliates.

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 recommend appropriate actions to be taken.  Strong accounting and general ledger knowledge (debits, credits, etc.)
• Analyze and interpret new accounting principles as established by regulatory bodies (e.g., FASB, NAIC, AICPA, SEC and Allianz)
• Support financial audits
• Prepare and book technical worksheets for Prospective Reinsurance business
• Support out sourced financial activities
• Record monthly and quarterly reinsurance activity
• Assist in financial planning and documentation of procedures

Transactions

• Complete the monthly, quarterly, and annual close process to ensure timely, accurate, and compliant financial statements
• Prepare, review, and analyze journal entries, account reconciliations, accruals and variance explanations
• Complete accounting worksheets, journal entries, controls and reports in accordance with GAAP, Statutory and IFRS Accounting Procedures for the insurance industry
• Partner with cross-functional teams to gather financial data, validate transactions, and resolve discrepancies
• Bill and collect from intercompany affiliates and external parties; proactively identify collection issues and recommend effective solutions

Projects & Initiatives  

• Drive process improvements within immediate team and Finance department
• Participate in company-wide projects and initiatives as needed
• Utilization of artificial intelligence tools and resources (e.g. generative AI)

What you bring:

• 4-5 years of experience required.  Demonstrated experience in casualty insurance and/or reinsurance, accounting, or finance.  Proficiency with Microsoft Office suite of products and ability to navigate multiple systems, including accounting/sub-ledger.
• Four-year degree required.  Accounting, Finance, Business or related or equivalent work experience.
• Insurance and US Statutory reporting experience.  Knowledge of automated accounting systems (SAP preferred).
• You must be legally authorized 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, etc).  If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Job posting range $88,000.00 - $110,000.00 

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

95155 | Finance & Accounting | Professional | Non-Executive | Allianz Reinsurance | Full-Time | Permanent

What we offer:

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. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us.  Let’s care for tomorrow.