AmericanAg®, a global provider of diversified reinsurance services, is looking for a Vice President, Accounting and Assistant Treasurer to join our Accounting Team in Schaumburg, Illinois. This is a hybrid position working in the office three days a week.
The Vice President, Accounting and Assistant Treasurer will be a key member of the Accounting leadership team and will be responsible for overseeing several accounting, financial and treasury activities for American Agricultural Insurance Company (AmericanAg®), American Farm Bureau Insurance Services (AFBIS), and American Agricultural Insurance Agency (AAIA). In addition to managing a team of accounting professionals, this position will play an important role in helping us continue to shape our financial strategy.
The Vice President, Accounting and Assistant Treasurer will:
- Lead a team of accounting professionals, overseeing statutory financial results, external financial audits, reinsurance contract administration, budgeting, tax management, banking operations, and internal accounting controls.
- Mentor and develop the team to enhance skill sets and prepare them for advancement opportunities within the organization.
- Ensure the timely and accurate preparation of monthly and quarterly financial statements.
- Oversee and enhance internal controls and ensure MAR compliance.
- Support the Senior Vice President in analyzing key business trends and providing insights on financial performance.
- Manage the annual audit process and maintain a strong relationship with external audit partners.
- Lead accounting operations including general ledger, accounts receivable, cash application, and accounts payable.
- Review financial statements and prepare associated explanatory notes to be included in the annual filings and reports.
- Contribute to long-term strategic planning, including budgeting, forecasting, and investment optimization.
- Participate in various internal committees.
- Keep current on accounting and insurance/reinsurance industry issues, trends developments.
What you will bring to this role:
- Bachelor’s degree in Accounting or Finance
- 10+ years of P&C insurance accounting experience along with 5+ years of proven leadership experience managing Accounting/Finance teams
- Reinsurance experience is a plus
- Deep knowledge of Statutory and GAAP insurance accounting
- Ability to interpret and communicate complex financial data aligned with strategic objectives
- Experience presenting to senior leadership and board members
- Strong analytical, problem solving and decision-making skills
- Excellent interpersonal, written and verbal communication skills
- Proficiency in Microsoft Office Suite with advanced knowledge of Excel
The expected starting salary range for this position is between $225,000-$275,000. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. This position is also eligible for an annual bonus.
We do not sponsor employment visas and are unable to take over an employment visa from another employer. Applicants must be authorized to work in the U.S. for ANY employer without the need for employment visa sponsorship.
Who We Are
Since 1948, AmericanAg® has provided reinsurance services that promote the financial strength and success of its clients. We are a direct provider of reinsurance to the Farm Bureau® insurance companies and also participate in assumed U.S. and international reinsurance programs through the broker marketplace. Learn more at aaic.com
Reasons to Consider AmericanAg®
At AmericanAg®, you’ll work alongside a diverse team of highly educated and experienced professionals. We foster a dynamic culture where innovative ideas are championed and brought to life and where employees are appreciated, engaged, and encouraged to reach their full potential.