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AIG
New York, New York, United States
(on-site)
Posted
9 hours ago
AIG
New York, New York, United States
(on-site)
Job Type
Full-Time
Assistant Manager Financial Reporting
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Assistant Manager Financial Reporting
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Overview:We are seeking a highly skilled and detail-oriented Assistant Manager to join our dynamic NA Analytics Team. This role supports the delivery of high-quality expense reporting, forecasting financial analysis and working closely with the Distribution Team by managing, analyzing and reconciling expenses and profit commission related activities. This role plays a critical part in ensuring accuracy, timeliness and compliance of expense reporting and commission payments, while partnering closely with Controllers, Finance and Distribution. The ideal candidate will have a strong background in financial analysis, budgeting, forecasting, expense allocation methodologies experience within the insurance industry preferred.
Key Responsibilities
Expense Reporting & Financial Analytics
- Create, maintain and track GOE budgets for Distribution as well as manage the allocations process.
- Process, review and reconcile Distribution related expenses in accordance with company policies.
- Monitor expense submissions for accuracy, completeness and track against budget.
- Support month end and quarter end close activities related to Distribution Expenses and Production.
- Partner with HR and Corporate GOE Team to manage, track and budget headcount and expenses for the Distribution team.
- Track individual team member T&E expense and monitor spending against approved budgets highlighting variances and potential risks.
- Provide monthly non-machine adjustments to Distribution for Broker 360 Platform as well as reconcile the reports between Distribution and Finance to ensure consistency and alignment.
Commission Support
- Assist with the Broker Commission accrual, reconciliation and payment schedule and track P&L impact by Business and Broker.
- Investigate and resolve commission inquiries from the Business Units.
- Maintain documentation related to commission structures, agreements and adjustments.
- Manage and track broker commission payments.
Reporting & Presentations
- Prepare and present monthly/quarterly expense reports in a concise, clear and comprehensive format for review by the Distribution Leadership team.
- Assist in the preparation of executive level presentations and materials for quarter end business review meetings.
Requirements:
- 5+ years of experience in Financial Planning and Analysis/Reporting with at least 5 years in the insurance industry supporting expenses, commissions and financial operations
- Bachelor's degree in Finance, Accounting, Economics
- Strong Analytical and problem-solving skills with attention to detail and accuracy.
- Strong business and financial acumen and ability to present issues clearly and concisely
- Experience in forecast modeling and with knowledge of business performance metrics.
- Hands-on experience working with large complex data sets
- Ability to manage multiple priorities and meet deadlines in a dynamic environment
- Proficiency in Anaplan and SAP BPC software experience a plus
- Skilled in building dashboard using Tableau and Power BI
Additional Characteristics:
- Highly motivated and results-oriented
- Strong oral and written communication skills
- Strong analytical skills
- Ability to collaborate with a broad range of stakeholders
For positions based in New York, the base salary is 93,000-115,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We are proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits
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 .
Functional Area:
FA - Finance
AIG PC Global Services, Inc.
Requisition #: JR2600193
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Job ID: 82215103

AIG
Insurance
United States
AIG traces its roots back 90 years when an American entrepreneur named C.V. Starr founded AIG’s earliest predecessor company in Shanghai. What began as a small insurance business grew to become one of the world’s largest companies. By the end of 2007 AIG had assets of approximately $1 trillion, $110 billion in annual revenues, 74 million customers and 116,000 employees in 130 countries and jurisdictions. Yet, less than a year later, AIG found itself on the brink of failure and in need of emergency government assistance.
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