Reinsurance Accounting Director
2 weeks ago
Are you a seasoned professional with a passion for reinsurance accounting? Do you have a strong background in managing complex financial processes and leading high-performing teams? We are seeking an experienced Reinsurance Accounting Director to join our team at AIG.
Key Responsibilities:
- Manage the reinsurance finance and controllership area, overseeing a global cross-functional team of up to 30 resources.
- Internal and external reinsurance operationalization and associated financial booking of reinsurance.
- Manage operationalization of large complex reinsurance programs.
- Broker/Reinsurer reporting including statements/bordereau.
- Financial reporting (GAAP/STAT, Schedule F etc).
- Work closely with financial controls unit, internal and external audit on reinsurance.
- Partner closely with FP&A to work on reinsurance budgeting, forecasting, actuals and other analytics.
- Responsible for key reinsurance finance processes and associated controls.
- Provide expertise to various internal and external stakeholders through participation in various steering committees.
- Prioritize and address various broad and individual projects, process improvement and transformation initiatives as they arise.
- Provide guidance and recommendations as respects reviewing optimal options and solutions to new and existing issues as they arise by leveraging knowledge of existing constraints.
Requirements:
- 10+ years of relevant experience in an insurance/reinsurance company.
- Extensive ceded reinsurance experience; managing and leading others; increasing levels of responsibility in a large scale organization.
- 5+ years of experience managing diverse team of over 15 resources distributed across multiple countries and time zones.
- Advanced knowledge of reinsurance including underwriting, claims, accounting, finance and associated process, controls and systems.
- A reinsurance underwriting or broking background; related discipline experience such as Risk, Capital Management, or Legal would be a plus.
- Advanced working knowledge of financial analysis and financial modeling.
- Advanced 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.
- Working knowledge of systems and technology utilized within area of responsibility.
- Strong technical skills in Microsoft Excel, Power Point and Word.
- Strong verbal and written communication skills with significant experience interacting with executive management and external stakeholders.
- Strong negotiation, analytical, decision making, problem resolution and organizational skills.
- Process transformation and control improvement experience is a definite plus.
Education:
- Bachelors Degree (finance major preferred).
- Advanced degree and/or designation in a related field a plus (i.e. ARe or CPCU designations, MBA, CPA, MS, PhD, ACAS, FCAS, etc.).
What We Offer:
- Competitive base salary range of $163,000-$204,000.
- Eligible for a bonus in accordance with the terms of the applicable incentive plan.
- A range of competitive benefits, including health, wellbeing and financial security benefits.
Join Our Team:
We are 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.
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