Assistant Director, General Insurance US Controllership

Job description

About the role

Reporting to AIG’s Head of Consolidations, the Assistant Director, General Insurance US Controller, scope of this role has two foundational elements: first, financial and operational controllership for multiple legal entities, including capital activities and second, broad-based coordination across Controllership and FP&A to achieve common financial close and reporting objectives.

The ideal candidate will bring bedrock skills in controlling, analysis and financial reporting in the insurance industry; the breadth and profile of this role will provide tremendous opportunities to grow those skills and develop within AIG’s Controllership function.

Key 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

Qualifications:
• Bachelor’s degree in accounting and CPA preferred
• 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

For positions based in NYC and NJ, the base salary range is $160,000- $195,000.

In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

We’re proud to offer a range of competitive benefits a summary of which can be viewed here:

#LI-CY1

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 .

 

Required Skill Profession

Operations Specialties Managers