Assistant Manager Reinsurance Finance

4 weeks ago

Farmington, United States American International Group Full time

Assistant Manager, Reinsurance Finance

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial

and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through

a diversified, multichannel distribution network.

About the role

What you need to know:

This role is responsible for supporting Aviation business as part of the reinsurance finance controllership area. The individual will oversee a global functional team.

* Manage operationalization of large complex reinsurance programs
* Responsible for processing and review of quarterly accounting entries
* Broker/Reinsurer reporting including statements/bordereau
* Financial Reporting (GAAP/STAT, FAS5, CECL, 10Q/K, Schedule F, etc.)
* Partner closely with controllership, actuarial, accounting, and reinsurance teams on a regular basis to foster collaboration
* Team player willing to go outside defined roles and responsibilities for the benefit of the broader team.
* Ability to think through complex situations and develop improvements and alternative opportunities to create efficiency
* Internal and external reinsurance operationalization and associated financial booking
* Oversee specific reinsurance finance processes and associated controls
* Ability to adapt to a complex and fast paced work environment
* Provide guidance and recommendations when reviewing transformational activities including identification of optimal options and solutions to new and existing issues as they arise by leveraging knowledge of existing constraints

What we're looking for:

* Bachelor's Degree (finance major preferred)
* Detailed knowledge of Reinsurance including underwriting, claims, accounting, finance, and associated process, controls, and systems.
* 5+ year of relevant accounting experience
* 8+ years of relevant experience in an insurance/reinsurance company
* Detailed knowledge of accounting principles and practices, the insurance/reinsurance markets, and the analysis and reporting of financial data
* Technical and/or analytic expertise that can be adapted to current technologies
* Strong technical skills in Microsoft Excel, Access, PowerPoint, and Word
* Strong verbal and written communication skills with significant experience interacting with senior management and external stakeholders
* Strong negotiation, analytical, decision making, problem resolution and organization skills
* Process transformation and control improvement experience

#LI-CY1

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Functional Area:

FA - Finance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc.

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