American International Group Brentwood , TN 37024
FA - Finance
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: Yes
American General Life Insurance Company
The position reports to the CFO of Legacy and is directly responsible for all financial duties including budgeting/forecast and reporting particularly unit costs, benchmarking, annual budgets and in depth analysis. The role supports all of the key stakeholders in Legacy, including its CEO, by ensuring accurate timely results are available for management decision. This role requires integration and a close working relationship with various sub-functions within L&R, PC, Corporate FPA and controller teams, as well as other key Legacy teams. This role is responsible for all of the financial reporting and analysis of all of the lines of business (products) reported in the legacy segment, both Life and PC products, budgeting and forecasting, KPI's, reinsurance evaluation and transactions, profitability of blocks of business, investments and operations. Internal capital oversight and optimization and related ROE reporting is a key responsibility. In addition, this role will play a key role in the newly legacy entity created in Bermuda (DSA Re). This entity holds most of the products currently in the legacy segment and requires quarterly Bermuda fillings. The legacy team is currently working on the target operating model for this entity as well as the new ledger and reporting systems needed to operationalized the entity.
Organization Structure and Interfaces
This position reports to the Legacy CFO and has a team of approximately 8 people including finance directors and managers. This role works in a collaborative manner with the legacy controller group as well as other group within the broader legacy finance team. There will be significant interaction with businesses including their leaders and operation teams in Houston, Nashville, New York and Bermuda.
Key Performance Objectives
Identifying and establishing focus areas, prioritization and execution of regular-way needs and specific one-off needs where problems or opportunities exist
Demonstrate strong command of both Life and PC businesses detail financials
Develop and manage effective internal relationships
Ensure the timely preparation and appropriate interpretation financial data & KPIs
Identifying opportunities to improve resource allocations and reduce costs
Preparation or review/analysis of data to provide insights into forecasts and anticipated impacts of future internal or external events
Help ensure compliance with, GAAP, Bermuda Statutory and Economic reporting principles and requirements
Participate in special projects as needed including operationalizing DSA Re legal entity
The Ideal Candidate Should Have
Minimum of 12 years of progressive accounting and financial responsibilities in the insurance finance/accounting industry; Bermuda reporting knowledge is a plus
An independent mindset able to assess a situation with health skepticism
Ability to lead actions across the organization(finance, business operations, IT, peer groups) necessary to solve the business need
Aptitude to multitask, handling multiple projects simultaneously & successfully
A broad understanding of reporting processes and experience working in a large organization with other resource dependencies
Ability to motivate, inspire and relate to staff 5-7 individuals
Strong interpersonal and communication skills
Informed views of trends in the external marketplace
Ability to communicate effectively across all levels of personnel
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide 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.
At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.