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Supervisory Accountant, Reinsurance

AIG · Wilton, Connecticut, US

The Supervisory Accountant, Reinsurance, is a key member of AIG’s Reinsurance Controllership team ensuring accurate accounting, robust internal controls and...

Job description

The Supervisory Accountant, Reinsurance, is a key member of AIG’s Reinsurance Controllership team ensuring accurate accounting, robust internal controls and timely financial reporting for AIG’s reinsurance programs. Reporting to the Manager, External Reinsurance, this role is primarily responsible for execution of financial and operational controlling activities associated with administration of external excess of loss and quota share reinsurance programs and involves direct engagement with an extensive offshore platform. Success in this role will require an ability to accurately and timely process reinsurance related activities in the sub-ledger/general ledger to meet monthly close deadlines, demonstrate an appropriate level of understanding of assigned reinsurance programs, and clearly and effectively respond to inquiries from management. Key Responsibilities: Coordinating excess of loss and quota share cessions and/or related premium adjustments on numerous reinsurance programs across multiple lines of business, including but not limited to: Perform allocations of deposit premiums on excess of loss contracts at a detailed code block level Creating/reviewing journal entries on a...