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AIG · 5 months ago

Assistant Director, General Insurance US Controllership

CT-Wilton

Full-time

Onsite

Director/Executive

$160K/yr - $195K/yr

15+ years exp

AIG is a global leader in commercial and personal insurance solutions. The Assistant Director, General Insurance US Controller will oversee financial and operational controllership for multiple legal entities, ensuring accuracy in financial statements and coordinating efforts across Controllership and FP&A.

BankingFinancial ServicesInsurance

Responsibilities

Lead the end-to-end legal entity financial close of multiple US legal entities and provide ongoing review and oversight of Controllership to ensure accuracy of financial statements and related disclosures (transaction processing, accruals, reconciliations, financial reporting)

Review significant accounting judgments produced by the Controllership; coordinate with various disciplines, including Insurance, Actuarial and Reinsurance accounting, to understand and validate appropriateness of other critical accounting estimates within results that have relevance to the legal entities

Develop and then deploy an advanced knowledge of AIG’s reporting systems to respond quickly to ad hoc requests for analysis from senior management; think critically about how to anticipate future requests and industrialize process to support efficient delivery

Preparation of decks, exhibits and supporting materials on a quarterly basis

Support, contribute and/or lead projects and workstreams associated with significant transactions and ad hoc activities, such as acquisitions, re-segmentations, capital transactions, etc

Ongoing partnership with Finance Operations teams to develop and drive enhancements to systems and reporting tools that promote efficiency in the close, global consistency in accounting and timely/robust analysis of outputs

Ensure timely and effective execution of all relevant internal controls supporting the legal entity financials, including systems and data governance, transactional controls, key reconciliations and analytical reviews

Mentor staff and support long term, strategic career development opportunities for the team

Foster a culture of continuous improvement, accountability to self and team

Qualification

CPAP&C insurance experienceUS GAAPFinancial reportingTeam leadershipProcess improvementInterpersonal skillsCommunication skills

Required

Bachelor's degree in accounting

15+ years of relevant professional experience, particularly leading teams in a controller capacity for a public P&C insurance company

Strong technical accounting experience with P&C insurance companies, including US GAAP and NAIC Stat, possessing a comprehensive understanding of inter-relationships between balance sheet and income statement

Industry business acumen along with a clear understanding and awareness of global macroeconomic and other relevant factors impacting the business that manifest in financial results

Systems-technical acumen, able to quickly grasp management reporting structures, understand a newly transformed finance architecture and financial reporting platform, and determine how to extract maximum value in execution of the financial close

Strong interpersonal skills and an ability to communicate and collaborate effectively with individuals across Finance and operational disciplines towards a common purpose; commercially oriented, carrying credibility with a business unit and segment CFO organization

Experience leading teams in a dynamic, transformational environment, where change is embraced and viewed as an opportunity to drive process improvement

Excellent oral and written communication skills, including presentation development and delivery to internal/external boards and executive management

Demonstrated past success at creating or significantly upgrading the function and instilling a culture of continuous process improvement