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Wilton

    Senior Manager - Wilton, United States - American International Group

    American International Group
    American International Group Wilton, United States

    1 week ago

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    Description
    Senior Manager – Reinsurance Accounting - Reporting page is loaded

    Senior Manager – Reinsurance Accounting - Reporting

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    locations

    CT-Wilton

    time type

    Full time

    posted on

    Posted 30+ Days Ago

    job requisition id


    JR
    Senior Manager – Reinsurance Accounting

    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.

    Role Overview

    The Senior Manager of Reinsurance Accounting will be responsible for the regular GAAP and STAT reinsurance reporting deliverables, providing in depth analysis of statutory penalties and remediation plan, and leading the team in enhancing reporting and analytical oversight.

    The individual will work with both internal and external stakeholders on collateral related matters, as well as coordinating across functional teams by aligning activities and deliverables with Controllership, Actuarial, Reinsurance and FP&A, in support of the company's broader initiatives.

    This individual will report to the Assistant Director of Reinsurance Accounting and Reinsurer Reporting.

    The individual hired will oversee a global cross functional team of up to 5 resources, along with an off-shore team.

    Specific areas of responsibility include but are not limited to:

    Specific areas of responsibility include but are not limited to:
    Internal and external reinsurance operationalization and associated financial booking
    Lead a team in financial reporting activities (GAAP/STAT), with a focus on quarterly and annual statutory statements, including disclosures, retroactive reinsurance accounting and deposit accounting
    Work closely with financial controls unit, internal and external audit on reinsurance
    Responsible for key reinsurance accounting processes and associated controls
    Prioritize and address various broad and individual projects, process improvement and transformation initiatives as they arise
    Provide guidance and recommendations as it relates to reviewing optimal options and solutions to new and existing issues as they arise by leveraging knowledge of existing constraints
    Position has visibility at departmental senior management level, and interacts with various levels of internal and external individuals and organizations
    Expected to create alignment through thought leadership, critical thinking, direction/context setting and stakeholder communications.

    What we're looking for:

    Education:
    Bachelor's Degree (Accounting or 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.)

    Experience:
    6+ 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
    Knowledge, Skills and Abilities
    Advanced knowledge of reinsurance including underwriting, claims, accounting, finance and associated process, controls and systems
    Experience managing reinsurance operations and finance
    Knowledge of relevant trends and information within the industry
    Working knowledge of financial analysis and financial modeling
    Strong knowledge of accounting principles and practices, the

    insurance/reinsurance

    markets, and the analysis and reporting of financial data
    Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, and coordination of people and resources
    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, Access, 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
    5+ years of experience engaging with diverse teams across multiple countries and time zones
    Process transformation and control improvement experience is a definite plus
    #LI-CS3
    A look at our Benefits

    We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing.

    We provide a variety of leaves for personal, health, family and military needs.

    For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community.

    Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.


    We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers.

    We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

    We are an Equal Opportunity Employer

    American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.

    We provide 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 such as sexual orientation.

    At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability.

    Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.


    To learn more please visit:


    AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.

    If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to

    . Reasonable accommodations will be determined on a case-by-case basis.

    Functional Area:
    FA - FinanceEstimated Travel Percentage (%): Up to 25%

    Relocation Provided:
    NoAIG PC Global Services, Inc.
    About Us

    At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day.

    Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.

    But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea and every innovation.

    When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.

    We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

    #J-18808-Ljbffr


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