AIG | Supervisory Accountant, Reinsurance

Key responsibilities

• Success in this role will require an ability to accurately and timely process reinsurance related activities in the sub-ledger/general ledger to meet monthly close deadlines, demonstrate an appropriate level of understanding of assigned reinsurance programs, and clearly and effectively respond to inquiries from management.
• This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
• Perform allocations of deposit premiums on excess of loss contracts at a detailed code block level.
• Creating/reviewing journal entries on a monthly basis.
• 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.
• Reporting to the Manager, External Reinsurance, this role is primarily responsible for execution of financial and operational controlling activities associated with administration of external excess of loss and quota share reinsurance programs and involves direct engagement with an extensive offshore platform.
• Reimagining insurance to make a bigger difference to the world

Qualifications

• Minimum of 5 years of relevant professional experience, particularly leading teams in a controller capacity for a public P&C insurance company.
• 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.
• Strong interpersonal skills and an ability to communicate and collaborate effectively with individuals across Finance and operational disciplines towards a common purpose.
• We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals.
• 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

AIG

AIG is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "American International Group, Inc, (AIG), is a global insurance organization providing a range of insurance and other financial services."

Its finance, accounts, audit and tax openings in India are mostly in Ny-New York, Ct-Wilton, Vt-Burlington and In-Jeffersonville.

• Industry: BFSI / Investments / Insurance