Supervisory Accountant, Reinsurance

The Supervisory Accountant, Reinsurance, is a key member of AIG’s Reinsurance Controllership team ensuring accurate accounting, robust internal controls and timely financial reporting for AIG’s domestic Commercial and Personal insurance businesses.

• Coordinating excess of loss and quota share cessions and/or related premium adjustments on numerous Western World reinsurance programs across multiple lines of business
• 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

• Bachelor’s degree in accounting required, CPA preferred
• 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
• 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

• 401k matching
• Health insurance
• Flight privileges

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.