Financial Analyst

Overview

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  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.

• 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 counter parties 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.

• 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 company wide.
• 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…