Full-Time

Vice President

Accounting, Assistant Treasurer

Posted on 7/1/2025

American Agricultural Insurance Company

American Agricultural Insurance Company

51-200 employees

Agricultural reinsurance provider for Farm Bureau

Compensation Overview

$225k - $275k/yr

+ Bonus

No H1B Sponsorship

Hoffman Estates, IL, USA

Hybrid

Hybrid position requiring in-office work three days a week.

Category
Accounting (4)
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Required Skills
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Accounting or Finance
  • 10+ years of P&C insurance accounting experience along with 5+ years of proven leadership experience managing Accounting/Finance teams
  • Deep knowledge of Statutory and GAAP insurance accounting
  • Ability to interpret and communicate complex financial data aligned with strategic objectives
  • Experience presenting to senior leadership and board members
  • Strong analytical, problem solving and decision-making skills
  • Excellent interpersonal, written and verbal communication skills
  • Proficiency in Microsoft Office Suite with advanced knowledge of Excel
Responsibilities
  • Lead a team of accounting professionals, overseeing statutory financial results, external financial audits, reinsurance contract administration, budgeting, tax management, banking operations, and internal accounting controls.
  • Mentor and develop the team to enhance skill sets and prepare them for advancement opportunities within the organization.
  • Ensure the timely and accurate preparation of monthly and quarterly financial statements.
  • Oversee and enhance internal controls and ensure MAR compliance.
  • Support the Senior Vice President in analyzing key business trends and providing insights on financial performance.
  • Manage the annual audit process and maintain a strong relationship with external audit partners.
  • Lead accounting operations including general ledger, accounts receivable, cash application, and accounts payable.
  • Review financial statements and prepare associated explanatory notes to be included in the annual filings and reports.
  • Contribute to long-term strategic planning, including budgeting, forecasting, and investment optimization.
  • Participate in various internal committees.
  • Keep current on accounting and insurance/reinsurance industry issues, trends developments.
Desired Qualifications
  • Reinsurance experience is a plus
American Agricultural Insurance Company

American Agricultural Insurance Company

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American Agricultural Insurance Company is a global reinsurance provider based in Schaumburg, Illinois, serving Farm Bureau insurers directly and through broker markets with crop insurance and other reinsurance solutions. It reduces primary insurer risk by reinsuring parts of the policies they underwrite, using a mix of direct Farm Bureau relationships and broker-mediated programs to balance domestic and international exposure. Its approach combines a long history (founded in 1946) with a dual-market model, resulting in a diversified portfolio focused on agricultural risk. The goal is to provide stable reinsurance capacity and specialized agricultural risk solutions through enduring partnerships and responsive service.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Schaumburg, Illinois

Founded

1948

Simplify Jobs

Simplify's Take

What believers are saying

  • Expanding international broker presence in Europe, Africa, and Asia markets.
  • Personal cyber coverage launch captures emerging high-margin insurance segment.
  • Strong underwriting leadership team drives risk assessment and client retention.

What critics are saying

  • Farm Bureau concentration creates single-customer dependency threatening revenue stability.
  • Climate-driven crop losses accelerate claims; catastrophe models may underestimate tail risks.
  • Broker market consolidation by Aon, Marsh, WTW compresses margins and relationships.

What makes American Agricultural Insurance Company unique

  • 78-year history as Farm Bureau's primary reinsurance partner since 1948.
  • A.M. Best 'Excellent' rating demonstrates financial strength and market credibility.
  • Diversified portfolio spans crop, cyber, property, and international broker exposures.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Flexible Spending Account

Health Savings Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Hybrid Work Options

Employee Assistance Program

Company News

Coverager
Jan 18th, 2024
Americanag Launches Personal Cyber Coverage Product

AmericanAg <i class="fa fa-info-circle company-popover" data-content="h3AmericanAg/h3. div. table

The Insurer
Nov 19th, 2021
Janet Katz will retire from AAIC Incorporated as executive vice president and CEO on Apr 1st 22'.

American Agricultural Insurance Company has announced that executive vice president and CEO Janet Katz will retire on 1 April 2022, with general counsel and secretary Andrew Boris succeeding her.

The Insurer
Jun 17th, 2021
AAIC Incorporated hires Doug Nuehring as assistant vice president for underwriting/marketing

American Agricultural Insurance Company (AmericanAg) has hired EMC Reinsurance Company veteran Doug Nuehring as assistant vice president for underwriting/marketing.

INACTIVE