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Accountant - Financial Reporting
Accountant - Financial ReportingAmerican International Group • Wilton, CT, United States
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Accountant - Financial Reporting

Accountant - Financial Reporting

American International Group • Wilton, CT, United States
[job_card.variable_days_ago]
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  • [job_card.full_time]
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Reporting to the Assistant Director, Actuarial Controllership, the Supervisory Accountant, Financial Reporting serves a critical role within Actuarial Controllership in ensuring timely and accurate delivery of the quarterly financial close and reporting as it relates to General Insurance loss reserves along with the maintenance of a robust control environment. This role will serve as a key liaison between AIG's Controllership team and the global Actuarial function, setting standards, delivering on key reporting requirements of both constituencies, and ensuring that critical close timelines are met. The Supervisory Accountant, Actuarial Financial Reporting will work closely with the Actuarial Controllership team in the United States, as well as sharing oversight of a wider team based in Bangalore, India.

Key Responsibilities :

  • Ensure proper accounting and reporting of P&C loss reserve estimates, review of reconciliations and substantiation of general ledger balances vs. management best estimates established through the Actuarial governance process.
  • Monitor and support where required the timely execution of SOX control execution with reserving actuaries
  • Support the Assistant Director, Actuarial Controllership, in delivery of detailed reporting and robust commentary and analysis
  • Support the Assistant Director, Actuarial Controllership, in producing required external disclosures related to P&C loss reserving methodologies, positions and actions taken, including MD&A and footnote disclosures within the AIG Form 10-Q / 10-K, as well as US and other Statutory reporting and Global Schedule P.
  • Take a leading role in ensuring the completeness and accuracy of audit packages produced to support 10-Q / 10-K disclosures, adhering to deadlines and ensuring proper governance is adhered to.
  • Continually transform and improve processes to reduce cycle time and improve accuracy by measuring key performance indicators for critical processes, establishing processes and eliminating defects, and simplifying and automating where possible. Support financial and actuarial transformation initiatives.
  • Support and contribute to projects and workstreams associated with significant transactions and ad hoc activities.

Job Requirements :

  • Bachelors Degree in Accounting
  • 3+ years of experience in finance roles (controlling, analytics, financial reporting) in the Property & Casualty industry.
  • Strong operational and technical U.S. GAAP accounting experience with an ability to connect business and accounting outcomes through our reported financial results
  • Strong problem-solving capabilities
  • Experience operating in a dynamic, transformational environment, where change is embraced and viewed as an opportunity to drive process improvement
  • Demonstrated strong business and financial acumen as well as advanced change management and project management skills
  • Excellent oral and written communication skills; particularly adept at bridging communication styles of actuaries and accountants
  • Demonstrated past success at creating or significantly upgrading the function and instilling a culture of continuous process improvement
  • At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

    Enjoy benefits that take care of what matters

    At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.

    Reimagining insurance to make a bigger difference to the world

    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. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

    Welcome to a culture of inclusion

    We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

    AIG provides 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.

    AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

    Functional Area : FA - Finance

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