Accounting Process Improvement Analyst

American Modern Insurance Group; Cincinnati (OH); Hybrid; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Two options for health plan: PPO or HD

401k with company match

Paid time off, 24+ days

Job summary

American Modern Insurance Group, Inc., a Munich Re company, seeks an Accounting Process Improvement Analyst to strengthen internal controls and improve accounting processes. This role uses AI, data analytics, and automation to enhance testing while coordinating cross-functional deliverables and escalating significant issues.

The position emphasizes monitoring controls for specialty lines, remediation planning, and governance to ensure accurate financial reporting across multiple programs.

Qualifications

• Bachelor's degree in Accounting/Finance/Business or related field.
• 3+ years in accounting, internal audit, or financial statement audit.
• CPA/CIA/CISA or equivalent preferred; insurance/audit experience valued.

Responsibilities

• Plans risk-based accounting controls testing and documents audit-ready evidence.
• Analyzes exceptions, traces root causes and escalates issues.
• Partners with control owners to develop remediation and validate effectiveness.
• Supports risk assessments, fraud risk activities, monitoring, and standard testing.

Skills

Internal controls knowledge

Auditing experience

Data analytics

Python

Project management

Stakeholder management

Communication & presentation

Problem solving

Education

Bachelor's degree in Accounting/Finance/Business

3+ years accounting/audit experience

CPA/CIA/CISA preferred

Tools

Power BI

Excel

Process mapping tools

Job description

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $2.2 billion. Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

The Accounting Process Improvement Analyst is a highly visible role that strengthens internal controls, improves financial accounting and reporting processes, and supports priority projects. Approximately 70% of the role focuses on monitoring general accounting controls and controls for specialty lines administered through third-party programs. The analyst plans and performs controls testing, evaluates control effectiveness, supports remediation, and partners with control owners and assurance stakeholders. The role also applies artificial intelligence, data analytics, workflow automation, and other technologies to improve testing and recurring Accounting activities while coordinating cross-functional deliverables and escalating significant issues.

Roles & Responsibilities:

• Plans and performs risk-based accounting controls testing, conducts process walkthroughs, evaluates control design and operating effectiveness, and maintains complete, audit-ready documentation.
• Analyzes exceptions and process issues, identifies root causes and impacts, communicates results objectively, and escalates significant issues and roadblocks.
• Partners with control owners to develop remediation plans, monitor open items, and validate that corrective actions operate effectively and sustainably.
• Supports risk and control assessments, fraud risk activities, control monitoring, and standardized testing, documentation, policies, procedures, and reporting.
• Leads or supports process improvements that increase quality, consistency, transparency, and efficiency while maintaining appropriate governance and controls.
• Applies artificial intelligence, data analytics, workflow automation, and other technologies to improve testing and recurring Accounting processes; validates outputs and documents solution logic, controls, limitations, and procedures.
• Develops dashboards, analyses, and reporting; works with data stewards and stakeholders to resolve data issues affecting accounting, reporting, controls, or operations.
• Manages or supports Accounting projects and special requests, coordinates cross-functional deliverables, and creates procedures, job aids, presentations, and training materials.

Required Technical Skills:

• Strong knowledge of internal controls and experience in financial statement audit, internal audit, or accounting controls testing, including workpapers, evidence evaluation, findings, and results communication.
• Ability to document end-to-end accounting processes, connect risks to controls and testing procedures, and apply accounting and financial reporting principles; Statutory or technical insurance accounting knowledge is preferred.
• Experience using technology, data analytics, artificial intelligence, or automation for audit, controls testing, or accounting processes, including identifying opportunities, defining requirements, validating outputs, and documenting related controls.
• Familiarity with Microsoft 365 and data visualization, analytics, workflow automation, audit, or process-mapping tools; Python experience is a plus.
• Strong analytical, problem-solving, project management, communication, presentation, and stakeholder management skills, with the ability to manage priorities independently and exercise sound judgment.
• Property and casualty insurance, MGA, regulated financial services, public accounting, or large corporate accounting/internal audit experience is preferred.

Education, Certifications & Designations:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Three or more years of accounting, internal audit, or financial statement audit experience.
• Public accounting, large corporate accounting/internal audit, property and casualty insurance, or MGA experience, preferred.
• CPA, CIA, CISA, CPCU, ARM, AIAF, progress toward a relevant designation, or technology-enabled audit or controls testing experience, preferred.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible)
• Prescription drug coverage (included in your health insurance plan)
• Vision and dental insurance plans
• Short and Long Term Disability coverage
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• A hybrid environment that gives you a choice in where and how you get work done
• A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
• An on-site complimentary workout facility as well as walking trails on campus grounds
• On-site wellness center complete with nurse practitioner
• Financial assistance for adoptions and infertility treatment
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Free parking
• A corporate matching gifts program that further enhances your charitable donation
• Paid time off to volunteer in your community

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Applicants requiring employer sponsorship of a visa will not be considered for this position.