Assistant Director, General Insurance US Controllership

AIG Insurance • Wilton, NY

5d • $160,000 - $195,000 • Onsite

About The Position

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.

Requirements

• 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

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

Benefits

• 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: AIG Benefits Overview
• 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: Director
• Number of Employees: 5,001-10,000 employees