AIG

Supervisory Accountant, Reinsurance

AIG

full-time

Posted on:

Location Type: Office

Location: Parsippany • New Jersey • United States

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Salary

💰 $89,000 - $112,000 per year

About the role

  • Coordinating excess of loss and quota share cessions and/or related premium adjustments on numerous reinsurance programs across multiple lines of business
  • Perform allocations of deposit premiums on excess of loss contracts
  • Creating/reviewing journal entries on a monthly basis
  • Calculation of premium adjustments
  • Coordinating with Reinsurance Collections on settlements and cash application
  • Performing reviews in compliance with SOX controls
  • Support responses to reinsurer inquiries by performing research and analysis
  • Supporting CFO and FP&A teams in answering questions on reinsurance activities
  • Monthly processing of assumed reinsurance programs based on SOA

Requirements

  • Bachelor’s degree in accounting required, CPA preferred
  • Minimum of 3 years of accounting and/or financial reporting experience with knowledge of reinsurance
  • Knowledge of reinsurance operations, including underwriting, claims, accounting, finance and associated process, controls and systems
  • Insurance-technical accounting expertise, with an understanding of inter-relationships between balance sheet and income statement
  • Industry business acumen along with a clear understanding and awareness of global macroeconomic factors
  • Experience collaborating with onshore and offshore management and staff resources globally
  • Strong interpersonal skills and an ability to communicate and collaborate effectively across Finance and operational disciplines
  • Systems-technical acumen, able to grasp management reporting structures and transform finance architecture
  • Strong attention to detail
Benefits
  • competitive benefits
  • health, wellbeing and financial security benefits
  • professional development opportunities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
accountingfinancial reportingreinsurance operationsunderwritingclaimsinsurance-technical accountingpremium adjustmentsjournal entriesSOX compliancemanagement reporting
Soft Skills
interpersonal skillscommunicationcollaborationattention to detailorganizational skills
Certifications
Bachelor's degree in accountingCPA