Financial Analyst - job 1 of 2

Financial Analyst

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Financial Analyst to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Finance

Our Finance team plays an essential role in maintaining a healthy balance sheet at AIG. It delivers significant finance support for the overall enterprise, optimizing operations, controllership, funding, and capital structure to honor our stakeholder commitments. The team’s work is invaluable to informing leadership decision making, complying with regulatory requirements, and maintaining financial discipline, transparency, and controls, while providing timely and meaningful information.

How you will create an impact

• Prepare Financial Statement Quarterly Reports (U.S. GAAP) for AIG Puerto Rico Insurance.

• Prepare Financial Statement for AIG Latin America II & New Hampshire Insurance Company entities and provide training to coworkers as tasks loads were redistributed.

• Prepare and provide supporting documentation to auditors.

• Communicate with counterparties for the reconciliation of pending reinsurance items.

• Prepare and register licenses amortization schedules for Caribbean American Home – Direct licenses entity.

• Analyze, reconcile, and pay monthly Reinsurance Premium Payable Balances.

• Analyze, reconcile, and collect monthly Reinsurance Losses Recoverable Balances.

• Prepare the Intercompany Matching Report Template for the Insurance and Non-Insurance balances for entities such as: Caribbean American Home Assurance, Caribbean American Home – Direct Licenses, New Hampshire, & American Home Assurance – Jamaica.

• Reconcile Intercompany variances over threshold with team members and provide supporting documentation related to pending bookings.

• Prepare and register accruals for Intercompany salary recovery expenses.

• Monthly reconciliation and submission of OGIS report to Corporate, which relates to all premium production, claims paid, claims outstanding, reserves for doubtful accounts and Late Traveling Premiums of the company and reconcile it against both accounting reports and General Ledger.

• Register monthly Intercompany expenses and request payments related to non-Insurance balances and expenses.       

• Prepare and register Cost Distribution for AIG Latin America II and Caribbean American Home Assurance entities to ensure no unallocated expenses at closing period.

• Prepare and register quarterly journal entries such as: Premium Allowance, Premium Recognition, Intercompany Entries, Losses Reinsurance Bad Debt Reserve, among others.

• Analyze and reconcile various General Ledger accounts such as: Bank/Pool account; Reinsurance Recoverable and Payable accounts; Premium Receivable account; among others. 

• Monitor the closing process of Caribbean American Home entity which requires an effective interaction with all staff level within the company. timely and accurate reporting and disclosures.

• Complete projects as assigned and any other related tasks.

What you’ll need to succeed

• Bachelor’s degree in accounting or finance is required.

• CPA and/or public accounting experience is a plus.

• This role is for candidates with experience in the job-related tasks and within Insurance and/or Financial Services industry.

• Proficient in all Microsoft applications (Word, Excel, PowerPoint, etc.)

• Bilingual - Excellent written & verbal communication skills in both Spanish and English.

• Collaborate and interact effectively with all levels of staff and management.

• Time management skills and customer oriented.

• Analytical and problem-solving capabilities with a strong attention to detail.

• Collaborative skills and the ability to contribute effectively to a team environment, with other units within/outside the department and companywide.

• Maintain a positive attitude with the ability to make sound decisions with minimal supervision.

• Ability to multitask with a variety of systems and processes.

Ready to step up to new challenges? We would love to hear from you.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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.