Job Details | Accountant - (Job Number: 0009UR)

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Allstate Insurance Corporation

Location: NorthbrookIL 60062 Document ID: A4091-16L9 Posted on: 2010-03-1103/11/2010 Job Type: Regular

Job Schedule:Full-time
2010-04-10
 

Accountant - (Job Number: 0009UR)

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through its "You're In Good Hands With Allstate" slogan, Allstate provides insurance products to millions of households. Allstate Investments, LLC manages over $100 Billion of assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of the Allstate Corporation. Investment performance for our portfolios has consistently provided excess returns for our customers, and we attribute that success in large part to the quality of our people. The size of the investment group exceeds 300 individuals across a variety of investment disciplines including, fixed income, equities, private securities, commercial mortgages and derivative asset classes, as well as, finance and technology. We recognize that our employees are our ultimate advantage and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged.
The Finance Department within Allstate Investments is expanding to support its newly defined strategic focus areas. This is an exciting time to join our strong team and become a part of an innovative, energetic organization that is growing and expanding globally. For additional information about Allstate Investments, LLC visit our website at www.AllstateInvestments.com.
The scope of this job is:
Assist the Securities Operations team in the completion of investment and trade transactions, ensuring timely and accurate entry into the investment system and proper accounting in the general ledger. The position is responsible for the application of key investment processing controls and maintenance of documentation as required under Sarbanes Oxley. It is expected that the individual would continually seek process improvements enabling greater productivity. The position is expected to support management objectives.
The Position will be responsible for:

Maintain and analyze various securities types, including types such as fixed income, equities, limited partnerships, mortgage loans and derivatives.

Processing of cash settlement and collections related to investment activity

Research and resolve open receivables and payables, and unapplied cash associated with trade settlement and collections.

Investigate and resolve variances or discrepancies related to transaction processing.

Comply with key control requirements defined pursuant to Sarbanes Oxley

Qualification

SKILLS/EXPERIENCE PREFERRED:
  • Work effectively in a team environment.
  • Flexibility to adapt to changing priorities and work assignments.
  • Strong oral and written communication skills.
  • Strong analytical and issue resolution skills.
  • Demonstrates initiative, creativity and a high degree of self-motivation.
Experience Required:
0-2 years of accounting experience.
Accounting degree preferred
Preference for direct work experience in investment accounting in the insurance industry
Computer Proficiency:
Microsoft Office software - Excel, Word, Access, Outlook & Project Server
Ability to learn multiple applications - including database, reporting and general ledger software packages
Education:
College Degree (BS in Accounting preferred)
Major Preference:
Accounting (CPA or CPA candidates preferred)

Allstate Corporation is an Equal Opportunity Employer.

     
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