Senior Accountant responsible for month end close processes and managing accounting tasks in property management. Collaborating with corporate accounting team and enhancing accounting efficiency.
About the role
- Supervisory Accountant managing AIG’s reinsurance financial reporting and internal controls for reinsurance programs. Engaging with offshore platform for timely and accurate financial activities.
Responsibilities
- 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
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