Assistant Director of Reinsurance Finance

Join us as an Assistant Director of Reinsurance Finance to take your Reinsurance career to the next level with a global market leader.

Make your mark in Reinsurance

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers.

It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

How you will create an impact

This role is responsible for managing the reinsurance finance and controllership area. The individual hired will oversee a global cross functional team of resources.

Specific areas of responsibility include but are not limited to :

Internal and external reinsurance operationalization and associated financial booking of reinsurance

Manage operationalization of large complex reinsurance programs

Broker / Reinsurer reporting including statements / bordereau

Financial reporting (GAAP / STAT, Schedule F etc.)

Work closely with financial controls unit, internal and external audit on reinsurance

Partner closely with FP&A to work on reinsurance budgeting, forecasting, actuals and other analytics

Responsible for key reinsurance finance processes and associated controls

Prioritize and address various broad and individual projects, process improvement and transformation initiatives as they arise

Provide guidance and recommendations as respects reviewing optimal options and solutions to new and existing issues as they arise by leveraging knowledge of existing constraints

Position has visibility at departmental senior management level, and interacts with various levels of internal and external individuals and organizations

What we’re looking for

10+ years of relevant experience in an insurance / reinsurance company.

Extensive assumed and ceded reinsurance (3+ years of reinsurance experience); managing and leading others; increasing levels of responsibility in a large scale organization.

Experience in both managing and calculating reinsurance transactions on both assumed and ceded activity on Quota Share and Excess of Loss contracts preferred

Advanced knowledge of reinsurance including underwriting, claims, accounting, finance and associated process, controls and systems preferred

Ability to interpret complex agreements and develop expertise of others

Advanced knowledge of accounting principles and practices and the analysis and reporting of financial data

Working knowledge of systems and technology utilized within area of responsibility

Strong technical skills in Microsoft Excel, Power Point and Word

Strong verbal and written communication skills with experience interacting with executive management and external stakeholders

Process transformation and control improvement experience is a definite plus

5+ years of experience managing diverse team of over 10 resources distributed across multiple countries and time zones.

Bachelor’s Degree (finance major preferred)

Advanced degree and / or designation in a related field a plus (i.e. ARe or CPCU designations, MBA, CPA, MS)

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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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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.

Functional Area : FA - Finance

FA - Finance

Estimated Travel Percentage (%) : No Travel

Relocation Provided : No

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