Accountant - Financial Reporting

AIG Insurance • Wilton, CT

14d • Onsite

About The Position

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.

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

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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees