Manager, Statutory Reporting - American International Group
Wilton, CT
About the Job
Reporting to the Director, Statutory Controller, this role is primarily responsible for delivery of quarterly/annual statement regulatory reporting for AIG’s US-domiciled P&C insurance companies. Specifically, the Manager, Statutory Reporting is primarily responsible for supervising the preparation and executing review of all required insurance technical reporting submissions within these filings, including underwriting exhibits with detail of activity by line of business, location of risk, etc. Additionally, the Manager will lead coordination across disciplines within Finance to ensure timely and accurate delivery of schedules and exhibits related to reinsurance, loss reserves, investments, etc.
Key Responsibilities:
- Lead the supervision and review of a team of onshore and offshore resources through the production of all required exhibits and schedules contained within the quarterly/annual statements of 18 US-domiciled P&C insurance companies; this will include reporting produced by the Manager’s own team as well as specialists across disciplines
- Support production and review of other required filings across all companies and all state insurance departments
- Ensure timely and effective execution of all relevant internal controls supporting the statutory financials, including data governance, transactional controls, key reconciliations and analytical reviews
- Support the Statutory Controllership throughout the quarterly financial close process, through collaboration with internal stakeholders
- Support ongoing strategic development and execution/validation of finance transformation projects; fully leverage capabilities of new Finance architecture to drive expected improvement in timeliness of reporting and depth of analytical insights
- Develop responses to inquiries from state insurance departments, ratings agencies, and analyst inquiries regarding reported results with input from various internal stakeholders
- Identify, recommend and implement process improvements with a particular focus on enhancing the use of technology and development of automated solutions to drive efficiency in the quarterly close
- Foster a culture of continuous improvement, accountability to self and team
Qualifications:
- Bachelor’s degree in accounting, CPA a plus
- 5+ years of relevant professional experience, particularly leading teams in a controllership or financial reporting capacity for a P&C insurance company
- Statuatory experience as well as insurance industry experience required.
- Strong technical accounting experience with P&C insurance companies, with an ability to connect business and accounting outcomes through reported financial results
- Possessing a well-balanced approach to hands-on support and detailed review of team-produced reporting, with a big picture view of the insurance companies’ results to ensure accuracy of regulatory filings
- 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 financial reporting requirements
- Strong interpersonal skills and an ability to communicate and collaborate effectively with individuals across Finance and operational disciplines towards a common purpose
- Experience leading teams in a dynamic, transformational environment, where change is embraced and viewed as an opportunity to drive process improvement
- Proven people manager with strong ability to develop teams in both on and offshore locations
- 10% travel required
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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.
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 candidatecare@aig.com.
Functional Area:
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
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