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Financial Analysis Manager

Company: American International Group
Location: Jersey City
Posted on: January 12, 2022

Job Description:

Who we are 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.About the role The position is part of the Capital Management Finance function. -Capital Management interacts with various AIG functional areas to drive capital efficiency, ensure compliance with regulatory and rating agency requirements and improve return on capital. Key functions include dividend and capital planning, stress testing, analysis of strategic asset allocations and capital assessment of reinsurance structures and strategic transactions.

  • Maintain/update financial statement and RBC financial projections for the US General Insurance companies.
  • Prepare stress testing analysis for local and corporate requirements.
  • Prepare submission of capital planning documentation and analysis.
  • Update rating agency capital models and coordinate rating agency survey and data collection.
  • Model and analyze the capital impact of potential strategic transactions including potential acquisitions, new reinsurance structures or invested asset initiatives.
  • Participate in business valuation projects for impairment tests and legal entity restructuring.What we are looking for
    • 5+ years in an insurance accounting or finance function
    • Experience working with the US Risk Based Capital (RBC) formula, rating agency solvency model or other international solvency regimes.
    • Strong excel skills; knowledge of advanced excel functions a big plus.
    • Knowledge of P&C insurance and reinsurance structures.What our employees like most about working for AIG
      • We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation. -
      • Our "Giving Back" policy is at the core of our daily operations and guides our future progress. Don't believe us? We put our money where our mouth is! AIG, will give you up to 16 hours a year paid time off to volunteer in the community.
      • Our people are our most important asset therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
        • Paid Time Off (AIG recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 9 paid holidays per calendar year. -
        • A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus AIG automatically contributes an additional 3% in to your 401K regardless of if you enroll or not. 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. In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG's COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG. Exemptions may be considered on a case by case basis. Functional Area: FA - FinanceEstimated Travel Percentage (%): Up to 25%Relocation Provided: NoAIG PC Global Services, Inc We're a leading global insurance organization with operations in approximately 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units. What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk. We're also committed to doing the right thing for our people and the communities where we work and live. It's why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join our -Talent Network - . Additional information about AIG can be found at -www.aig.com - -- -YouTube -- -Twitter -- -LinkedIn . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Keywords: American International Group, Jersey City , Financial Analysis Manager, Accounting, Auditing , Jersey City, New Jersey

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