AIG · 1 month ago
Supervisory Accountant, Reinsurance
CT-Wilton
Full-time
Onsite
Mid Level
$87K/yr - $109K/yr
3+ years expAIG is a global leader in commercial and personal insurance solutions, and they are seeking a Supervisory Accountant for their Reinsurance Controllership team. This role is responsible for ensuring accurate accounting, robust internal controls, and timely financial reporting for AIG's reinsurance programs, along with managing an offshore team and engaging with various stakeholders.
BankingFinancial ServicesInsurance
Responsibilities
Coordinating excess of loss and quota share cessions and/or related premium adjustments on numerous Western World reinsurance programs across multiple lines of business, including but not limited to:
Creating/reviewing journal entries on a monthly basis
Calculation of premium adjustments
Coordinating with Reinsurance Collections on settlements and cash application
Performing reviews in compliance with SOX controls
Support responses to reinsurer inquiries by performing research and analysis
Supporting CFO and FP&A teams in answering questions on reinsurance activities for specific reinsurance programs
Review of Schedule F Part 3 for recoverable, payable and funds held balances related to reinsurance programs
Qualification
Required
Bachelor's degree in accounting required
Minimum of 3 years of relevant professional experience
Strong knowledge of reinsurance operations, including underwriting, claims, accounting, finance and associated process, controls and systems
Strong insurance-technical accounting expertise, with an understanding of inter-relationships between balance sheet and income statement, and an ability to analyze results accordingly
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
Experienced in leveraging a combination of onshore and offshore management and staff resources on a global basis, maximizing the benefits of time zone differences to enhance productivity
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 broader Finance organization
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 attention to detail, where accuracy and precision are critical to success, yet possessing an ability to step back and appreciate broader objectives around effective communication and the inter-relationship across finance and operations teams
Able to operate successfully and thrive in a dynamic, transformational environment, where change is embraced and viewed as an opportunity for one's own professional development and to drive process improvement for the team and broader organization
Preferred
CPA preferred
Benefits
A range of competitive benefits
Total Rewards Program
Health, wellbeing and financial security
Professional development
Company
AIG
AIG is a global insurance company providing insurance products to support clients in business and in life.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Recent News
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