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Allstate Insurance Company,

Investments Operations Accountant II - Military veterans preferred

Allstate Insurance Company, - Northbrook, IL

98955Northbrook, IL USEntry Level ProfessionalInvestments
Where good people build rewarding careers.
Think that working in the insurance field can\u2019t be exciting, rewarding and challenging? Think again. You\u2019ll help us reinvent protection and retirement to improve customers\u2019 lives. We\u2019ll help you make an impact with our training and mentoring offerings. Here, you\u2019ll have the opportunity to expand and apply your skills in ways you never thought possible. And you\u2019ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

Allstate Finance Company offers new and existing Allstate agencies the opportunity to secure financial support needed to run an insurance agency.\u00a0 The Investment Accountant II position is responsible for investment operations middle office and back office support as described below.
Key Responsibilities:
Loan transaction documentation for closing\u00a0

\tReview of all closing documents for proper signature and completeness
\tPurchase agreement is reviewed for accuracy
\tSeller financing matches the loan subordination agreement
\tTerms and conditions of the line of credit matches the loan committee approval
\tFile must be in good order for signature, boarding, and imaging
\tLoan disbursement must be accurate and document the true sources and uses for transaction funding

Manage and maintain imaging system

\tEnsure the timely imaging of all loan transactions
\tImage all adverse action requests within 90 days of action
\tAssist loan auditors with key retrieval projects
\tMaintain order in the loan vault
\tAssist technology with upgrades to key software systems

Loan Exception Lead

\tAct as the gatekeeper of the loan exception report
\tContact borrowers to request post-closing documentation


\tAssist the Investment Balancing team with daily cash reconciliation activities
\tAnalyze cash requirements and prepare wires to move funds at the Bank to support business operations
\tSelect loans to be transferred between Allstate legal entities and obtain necessary approvals
\tPrepare monthly, quarterly, and annual financial statements and internal management reports for Allstate legal entities on a timely basis
\tPrepare and file state business license returns, annual reports, and other required reports on a timely basis
\tInteract with and assist internal and external auditors by providing required information on a timely basis
\tProcess line of credit draws
\tAnalyze and maintain loan documentation from approval to closing
\t\tVerify terms and conditions of approval
\t\tReview purchase agreement
\t\tConduct tax, UCC lien and judgment searches
\t\tBalance loan transaction to match sources and uses at approval
\t\tBoard loan into accounting system and verify accuracy of set-up with Chief Lending Officer

Job Qualifications

General Working Knowledge

\tGeneral working knowledge of the Investment Industry
\tGood oral and written communication skills
\tGood analytical and issue resolution skills
\tWork effectively in a team environment
\tDemonstrate initiative, creativity, and a high degree of self-motivation
\tFlexibility to adapt to changing priorities and work assignments

Advanced Working Knowledge

\tAdvanced skills in Microsoft Excel, Outlook, Word, and SAP

Decision Making

\tGood problem solving and decision making skills
\tWork independently
\tDemonstrate flexibility and good organizational skills
\tStrong time management skills and ability to meet deadlines


\t2-4 years of related experience preferred
\tAccounting degree preferred
\tExcel expertise required
\tFinancial reporting experience desired


The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands\u00ae.
As a Fortune 100 company and industry leader, we provide a competitive salary \u2013 but that\u2019s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you\u2019ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.
Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please see the notice regarding the San Francisco Fair Chance Ordinance.
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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

11 days 15 hours ago

Allstate Insurance Company,


Investments Operations Accountant II - Military veterans preferred Allstate Insurance Company, - Northbrook, IL, United States


Location: Northbrook, IL

Company Profile:
The Allstate Foundation brings the relationships, reputation and resources of Allstate to support innovative and lasting solutions that enhance people's well-being and prosperity. Since 1952, The Allstate Foundation has been dedicated to a straightforward purpose: helping people. We have created practical, proven programs for thousands of individuals and families to help them overcome personal challenges and uncertainties - leading to better, safer lives. The Allstate Foundation supports a range of programs across the nation, in the Chicago area (our backyard) and at the state and local level. In every case, we direct our resources and support toward areas that fulfill our commitment to help protect and prepare people across the nation.