Reinsurance Operations Manager

American International Group•New York, NY

72d•$76,000 - $95,000•Onsite

About The Position

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. 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. 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. 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 [email protected].

Requirements

5+ years of reinsurance/insurance experience in claims and/or accounting
Basic understanding of general accounting fundamentals
Strong understanding of reinsurance and insurance concepts for all reinsurance types
Proficient with information technology, particularly Microsoft office (Word, Excel, Power Point)
Strong interpersonal skills and team orientated
Excellent organization and time management skills
Strong analytical skills to quickly identify, gather and assess information
Ability to collaborate effectively with all levels of management and intercompany departments

Nice To Haves

Excellent Microsoft Excel skills
Innovative thinker and creative problem solver
Self-starter and takes initiative
Knowledge of claims handling processes a plus

Responsibilities

Create/maintain excel workbooks to provide notice of loss and collateral release reports
Manage team of analysts and ensure that all duties and responsibilities are satisfactorily and timely met
Responsible for Treaty interpretation and coding of domestic and international treaties
Partner with the Ceded Re Placement Team to ensure reinsurance contracts can be fully operationalized
Responsible for oversight, process documentation and guideline creation for domestic and international treaties
Provides guidance on a continuous basis to Domestic and International Analysts
Work closely with the Finance Center staff to address and resolve claim related issues as they arise
Ensure SOX compliance by maintaining and monitoring diligent control framework
Develop and maintain strong working relationships with reinsurers, brokers and intercompany departments
Investigate/research requests or questions from internal customers
Review and approve manual billings to reinsurers
Create/maintain excel workbooks to provide notice of loss and collateral release reports as necessary
Work with Analytical teams (Actuarial, Accounting, IAG, etc.) to provide critical data as necessary
Support AIG Next and Reinsurance Target Operating Model and reinsurance governance (including SOX controls) initiatives as applicable
Control Documentation for auditors
Notice of loss reports
Collateral release reports
Treaty reinsurance security lists and coding sheets
Treaty setup timely and accurate within SRM / e-treaty