Assistant Manager, Accounting

AIG - Wilton, CT

Full-time - Mid Level

Wilton, CT

Insurance Carriers and Related Activities

About the position

The Assistant Manager, Accounting at AIG plays a crucial role in supporting the financial and operational controllership for AIG's US-domiciled General Insurance legal entities. This position reports to the Assistant Director of Accounting - NA and is integral to the execution of quarterly and annual accounting close processes. The ideal candidate will possess strong skills in controlling, analytics, and financial reporting specifically within the Property & Casualty (P&C) insurance industry. This role offers significant opportunities for professional growth and development within AIG's Controllership function. Key responsibilities include ensuring timely booking of transactions in accordance with US GAAP and US Statutory requirements, as well as performing and documenting associated SOX controls. The Assistant Manager will prepare and deliver accurate 10-Q/10-K financial disclosures for the General Insurance North America segment and lead critical internal control activities central to the quarterly and annual close processes. This includes conducting analytical reviews of segment results and balance sheets, as well as reviewing key accounting estimates prepared by various functions across the organization. In addition to technical responsibilities, the role involves staff development and mentoring of a small team of direct reports. The Assistant Manager will also develop a deep understanding of AIG's reporting systems to efficiently respond to ad hoc requests from senior management, while anticipating future needs and streamlining processes for effective delivery. Support for the AIG Corporate Controllership during peak periods of external financial reporting is also a key aspect of this position, including validation of General Insurance inputs for quarterly earnings release materials. The role further encompasses the delivery of standalone financial statements for multiple regulated insurance subsidiaries and participation in significant transactions and ad hoc activities, such as acquisitions and capital transactions. A focus on strengthening the control environment and implementing process improvements, particularly through technology and automation, is essential as AIG continues to transform its Finance function.

Responsibilities

• Execution of quarterly and annual accounting close processes for US-domiciled General Insurance legal entities.
• Preparation and delivery of accurate 10-Q/10-K financial disclosures for the General Insurance North America segment.
• Lead the execution of critical internal control activities central to the quarterly/annual close, including analytical reviews of segment results and balance sheet.
• Review the output of key accounting estimates prepared by multiple functions across the organization, including loss contingency and other valuation provisions.
• Staff development and mentor a small team of direct reports.
• Develop and deploy an advanced knowledge of AIG's reporting systems to respond quickly to ad hoc requests for analysis from senior management.
• Support the AIG Corporate Controllership during peak periods of external financial reporting, including validation of General Insurance inputs to delivery of quarterly earnings release materials.
• Support delivery of standalone financial statements for multiple regulated insurance subsidiaries.
• Contribute and/or lead projects and workstreams associated with significant transactions and ad hoc activities, such as acquisitions and capital transactions.
• Manage efforts to strengthen the control environment and implement process improvements, focusing on enhancing technology use and developing automated solutions.

Requirements

• Qualified CPA preferred.
• 3+ years of experience with a Big Four background and a proven track record in progressive finance management roles (controlling, analytics, financial reporting) in the Property & Casualty industry.
• Strong operational controllership and technical accounting experience in a dual-SEC and NAIC statutory reporting environment.
• Ability to thrive in a dynamic, transformational environment where change is embraced as an opportunity for professional development and process improvement.
• Excellent oral and written communication skills, including presentation development and delivery, with the ability to work effectively across teams.
• Strong attention to detail, with accuracy and precision critical to success, while also appreciating broader objectives around effective communication and inter-relationships across finance and operations teams.
• Demonstrated success in creating or significantly upgrading functions and instilling a culture of continuous process improvement.
• Resilient and tenacious with a propensity to persevere.

Benefits

• Comprehensive benefits package focused on health, wellbeing, and financial security.
• Professional development opportunities.
• Flexible work arrangements.
• Diversity and inclusion learning programs.
• Cultural awareness activities and Employee Resource Groups (ERGs).