Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
Duties and Responsibilities
- Insurance/reinsurance accounting activities as it relates to premiums, losses, deposit accounting, collateral, cash allocations and recoveries.
- Accurate and timely treaty bordereau preparation, validation and distribution.
- Treaty settlement preparation and collections.
- Facultative premium and claim validation, settlement and collections.
- Cash application in ceded application; research open cash items.
- Researching, reconciling and responding to broker and internal client inquiries.
- Monthly confirmation and reconciliation of system generated ceded balances to general ledger source reports.
- Quarter and Year End reporting.
- Provide support to internal audit and external GAAP auditors as required.
- Special projects as needed including data analysis and reconciliations, external reporting and process improvement projects.
- Review of aging collection status of outstanding reinsurance recoverables and resolve issues delaying payment.
Requirements
- Bachelor’s Degree, preferably in accounting or finance
- CPA or CPA eligible a plus.
- ARe, CPCU courses a plus.
- SAP experience a plus.
- Minimum 2 years financial experience; insurance, accounting, financial services
- Exceptional MS excel skills, including pivot tables and lookups.
- Effective verbal and written communication skills with ability to work with internal and external clients.
- Detail oriented with strong organizational skills and proven ability to meet strict reporting deadlines.
- Strong analytical and problem solving skills, time management and ability to work independently and as a member of a team.
- Ability to take on tasks with increasing responsibility and to perform with high level of independence in day to day activities and work overtime as required to meet deadlines.
The salary range for this role is between:
$79,000 – $105,000
The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World’s comprehensive total reward package, which may also include annual incentive compensation rewards.
Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.
Working at Allied World
Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources
Global Presence
Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.
Skills Required
- Bachelor's degree in Accounting, Finance, or related field
- Professional accounting qualification (ACA, ACCA, CIMA)
- 2-5 years of insurance/reinsurance accounting experience
- Statutory accounting experience
- Experience working with general ledger and underwriting systems
- Experience with SAP
- Intermediate to advanced Excel skills
- Proficiency in Microsoft Office applications
- Strong analytical and problem-solving skills with excellent attention to detail
- Good written and oral communication skills
- Ability to work under pressure, meet strict deadlines, and adapt to changing priorities
- Maintains high level of professionalism, integrity, and trust
- Demonstrated ability to work well in a team environment
What We Do
Allied World Assurance Company Holdings, Ltd., through its subsidiaries, provides global insurance and reinsurance solutions under the Allied World brand. Since 2001, it has supported clients, cedents, and trading partners with thoughtful service and meaningful coverages. The company is a subsidiary of Fairfax Financial Holdings Limited and benefits from a worldwide network of affiliated entities. It serves international property, casualty, specialty insurance, and reinsurance needs.
