Vendor & Financial Administration Analyst

AIG - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

Insurance Carriers and Related Activities

About the position

The Vendor & Financial Administration Analyst is responsible for managing financial operations and vendor relationships within the Global Legal, Compliance & Regulatory department. This role involves financial reporting, analysis, and monitoring of law firm and legal vendor performance, ensuring effective engagement and spend optimization. The analyst will work closely with leadership to establish key performance indicators and facilitate communication with legal vendors to enhance financial transparency.

Responsibilities

• Collaborates with leadership to manage the financial affairs of GLCR, including budgeting, forecasting, financial reporting, allocations, and accruals
• Develops and monitors financial and vendor management key performance indicators
• Communicates with law firms and legal vendors on expense/invoice submission; facilitates positive relationships with law firm billing departments
• Participates in financial analysis and forecasting activities to support strategic planning and decision-making
• Prepares detailed financial and matter management reports and presents findings to GLCR leadership and other business partners
• Contributes to compliance with financial and vendor management policies and regulations
• Enables successful completion of law firm annual budgeting and quarterly forecasting process
• Analyzes variances to budget, identify key trends and drivers, partner with attorneys and management to drive production of vetted financials
• Serves as subject matter expert for financial deliverables within GLCR as related to key projects and strategic initiatives
• Executes firm engagements, security and control assessments, and other firm and vendor administration-related deliverables
• Ensures accurate data in connection with firm eBilling and matter management records in outside counsel management system

Requirements

• 3+ years of progressive finance, legal operations, legal vendor management, or other corporate experience
• BA degree or equivalent
• Experience in legal forecasting and budgeting is preferred
• Strong attention to detail and commitment to accuracy and on-time delivery
• Ability to work independently and succeed in fast-paced environment
• Advanced proficiency in Microsoft Excel is required
• Demonstrated analytical mindset and ability to synthesize information

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
• Employee Resource Groups (ERGs)
• Volunteer Time Off and Matching Grants Programs