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AIG

Financial Reporting Manager-Actuarial Operations

Financial Reporting Manager-Actuarial Operations

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Job Details
""
Uploaded On
June 29, 2023
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Location
New York, United States
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Remote?
No
Salary
$
103
k-$
143
k
Glassdoor Ratings
""
Recommend to a Friend
66%
""
Overall Score
3.6 / 5

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[ The Financial Operations team within the Actuarial organization is responsible for delivering financial analysis that supports various strategic initiatives, transformational activities and ongoing efforts with the Actuarial organization of the General insurance business.

About the Role

The Financial Reporting Manager will be responsible for managing the quarter close process for actuarial organization, promoting best practices and ensuring global implementation and helping review and maintain the control framework.

Key Responsibilities
  • Manage the quarter close and year end processes for GI Actuarial organization. Represent actuarial team in close meetings with controllers/finance to ensure timely and complete deliverables.
  • Work with Internal Audit Group, Finance Controls Unit, Actuarial Controllers and External Audit to ensure all required control documentation is produced and maintained by GI actuarial department as required.
  • Annually review and challenge the reserving and closing processes including the financial control framework surrounding those processes. Suggest enhancements to improve quality of controls and efficiency of evidence and review these with actuarial controllers.
  • In coordination with the actuarial controller group, propose process and control enhancements as needed in response to ongoing changes in data systems and process automation.
  • Promote best practices for gathering control evidence, hold annual meetings to discuss controls and any updates with the actuarial community, and train team as necessary to comply with procedures.
  • Ensure the AIG Global Reserving and Finance Actuarial Adjustments Policy and the AIG Actuarial Quality Assurance Standard are maintained each year, reflecting any material changes in the process and procedures.


Qualifications
  • Bachelor's degree in Business, Finance or Actuarial Science
  • 5+ years of relevant experience in Financial Reporting within the Insurance industry.
  • Experience in Financial Controls and Sarbanes Oxley Control documentation required
  • Experience working with Auditors is required; Experience supporting actuarial function or P&C Reserving knowledge would be helpful but not required
  • Capability to manage multiple projects simultaneously
  • Proven record of successfully managing relationships with various internal and external stakeholders
  • Ability and experience implementing new, structured processes in an organization
  • Attention to detail and ability to explain processes and how controls work to various audiences
  • Proven strategic planner that can execute on strategy and drive change
  • Excellent verbal and written communication skills. Ability to communicate effectively and in a concise manner
  • Ability to work independently with minimal supervision. Self-motivated, detailed oriented and responsible team player
  • Audit background is a plus


For positions based in NYC, the base salary range is $103,000-$143,000. 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: AIG Benefits Overview. AIG Benefits Overview.

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A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

FA - Finance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc. ]
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Working at 

AIG

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

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