Senior Credit Controller (m/f/d)

Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Senior Credit Controller (m/f/d), based in Munich.

The Impact You Will Have

Additionally, you will manage payment transactions and bank account reconciliation. In this role, you will report to the Head of Finance Operations Central & Southern Europe and Latin America.

Coordination, Clarification, and Balancing of Accounts:

• Ensure that all accounts receivable/payable are settled and collected according to agreed terms of settlement.
• Identify and analyze discrepancies in accounts, working closely with Underwriting and brokers to ensure accurate booking and timely resolution.
• Establish and maintain an abeyance system, and recommend write-offs where applicable.

Processing:

• Perform credit control functions and related account reconciliations.
• Execute settlements with brokers and insurers, particularly focusing on outstanding balances of Allianz Commercial.
• Accurately account for all collections, booking in the GL, and preparing monthly reconciliations and journal entries.

Governance and Quality Assurance:

• Document application of policies, procedures, and workflows for your area of responsibility.
• Archive records to satisfy audit and statutory requirements.
• Draft standards to improve quality and efficiency.

Collaboration and Customer Service:

• Work collaboratively with various functional areas, including Operations, Accounting, and Claims, to establish processes, booking flows and accuracy controls.
• Liaise with third-party collection agencies.
• Maintain collaborative relationships with external brokers and provide timely, professional customer service.

Project Work:

• Participate in project work contributing to continuous improvement initiatives.

• Degree in Business Administration, Economics, Finance, Accounting, or a related discipline, or or qualified by experience in related discipline.
• Credit Control and or insurance Operations experience is an advantage
• 3 years of professional experience in reinsurance, P&C insurance, or asset management.
• Proven understanding of standard accounting principles (GAAP & IFRS) for insurance and reinsurance.
• Good understanding of insurance financial statements and performance measurement, including drivers.
• Comprehensive knowledge of local GAAP, IAS / IFRS, Regulatory, Tax and other relevant requirements with regards to reporting, compliance and declaration.
• Advanced Excel and PowerPoint skills to effectively analyze data and convey messages clearly.
• Ability to handle complex processes (closing, reporting, finance operations) and understand data flows.
• Experience in project and team work within an international and dynamic environment.
• Proficiency in English and basic German

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 Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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