Accounting Team Lead II

Posted on Oct 6 228 views Northbrook, IL

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. As a leader in a corporation with 83,000 employees and agency force members, you’ll have a hand in transforming not only Allstate but a dynamic industry. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.

Job Description

Performs complex activities related to special accounting projects; preparation of financial reports/models and analysis of financial/accounting data.  Supervises the activities of an assigned staff.

The Life and Annuities, Reserves and DAC team in Operational Accounting is responsible for ensuring the accuracy of life reserves, deferred acquisition costs, policy counts, and amounts of insurance reported in the company’s published financial reports.  This role contributes toward that purpose by overseeing the completion of SOX controls, monthly and quarterly close processes and disclosures, annual statement schedules, data requests, and support for the Actuarial Opinion Memorandum.

Key Responsibilities
  • Uses advanced accounting principles and understand the concepts, rules and terminology to the science of accounting.
  • Review and evaluate complex issues and analyze Accounting/Financial/technical information.
  • Identify, develop and applies ideas and approaches to complex issues, solving problems and accomplishing goals.
  • In-depth knowledge of Accounting/Financial/technical processes.
  • Plans, implements and manages small-medium scale projects.
  • Enrolled in Leadership Curriculum process.
  • "Day to day" workflow management knowledge. 
  • Considers the impact of the Insurance Industry operations and issues on one's work.


Supervisory Responsibilities:

  • This job involves review of work that is prepared both within and outside of the Accounting team.
Job Qualifications

Education and Experience 

  • Bachelor’s Degree in Accounting or equivalent experience 
  • 5 or more years of related experience 


Certificates, Licenses, Registrations

  • CPA preferred


Functional Skills

  • Understands the concepts, rules, and terminology common to the science of Accounting.
  • Advanced knowledge and ability to use the concepts, techniques, and issues involved in planning projects and processes, including attention to detail, prioritizing tasks, and articulating findings.
  • Intermediate understanding of the Insurance Industry. 
  • Intermediate ability to develop tools and reports using Microsoft Excel, Microsoft Access and SAP Business Objects to analyze large, complex data sets.

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®.


As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s 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’ll 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.


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