ADS-Accounting-Cons I

Posted on Jul 9 Northbrook, IL 7 views

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. 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 more than 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 Summary

The Life Accounting unit within Finance Shared Services, Allstate, located in Northbrook, IL, seeks a motivated accounting professional with broad variable products accounting knowledge and experience to be part of a dynamic, team-based work environment.  As part of Allstate's Finance Shared Service, individuals will have the opportunity to work on moderately complex accounting activities related to variable life and variable annuity products, including preparation of journal entries, financial reports and analysis of related financial accounting data. The position provides the opportunity to interact with the Allstate Life and Retirement business unit, Corporate Accounting and Allstate Life and Retirement Finance teams. 

The ideal candidate will have at least two years of experience in accounting involving monthly/quarterly and annual close processes, preparation of annual Separate Account GAAP and statutory financial statements and financial statement analysis.

Key Responsibilities
  • Apply GAAP and Statutory accounting principles to the preparation of monthly, quarterly and annual journal entries and reporting
  • Prepare and coordinate quarterly fund reconciliations and annual Separate Accounts GAAP financial statements
  • Prepare quarterly Statutory Separate Account financial statements, including analysis thereof
  • Review and evaluate moderately complex issues and analyze accounting information
  • Identify, develop and apply ideas and approaches to moderately complex issues to solve problems and accomplish goals
  • Assist in coordination of internal and external audits of Separate Accounts GAAP financial statements
  • Substantiate and validate the identification and documentation of account reconciliations
  • Plan, implement and manage small-scale projects
  • Demonstrate consistency in values, principles and work ethic
Job Qualifications


  • BS Degree in Accounting 
  • CPA a plus


  • 2+ years of related accounting experience required
  • Life and annuity insurance product knowledge a plus
  • Familiarity with SAP accounting software a plus

Personal traits and requirements

  • Must be well organized and self-motivated with ability to meet deadlines 
  • PC literate with working knowledge of Microsoft Office software and advanced spreadsheet skills required
  • Attention to details
  • Efficient worker with good communications skills
  • Work effectively both in a team environment and independently
  • Deal effectively with ambiguity, change and adapt appropriately to a range of situations that are deadline driven

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. For a full description of Allstate’s benefits, visit


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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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It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

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