Job Description

Overview AIG, Inc. is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG, Inc. ("AIG") offers a broad range of products to customers through a diversified, multichannel distribution network. Customers value AIG’s strong capital position, extensive risk management and claims experience and its ability to be a market leader in critical lines of the insurance business. Corporate Finance - Investment Accounting The Investment Accounting group at AIG is responsible for the accounting and reporting for AIG's invested assets of over $95 billion, comprised primarily of fixed maturity securities and including private equity, hedge funds, commercial/residential loans and equity securities. AIG’s derivative portfolio consists primarily of foreign exchange derivatives but also includes interest rate and other derivative instruments. The group’s responsibilities include reconciliation of transactional data from sub-ledgers to the general ledger and external reporting for investments (10Q/K, Financial Supplement, STAT Audited Financials, Investment NAIC reporting and various government regulatory reports). The team is also responsible for establishing the accounting for new transactions or new investment products, implementing new GAAP and STAT accounting standards as it relates to invested assets, implementing new accounting systems, and managing risks and controls related to investments and supporting Investment FP&A. Responsibilities Execute and manage accounting processes related to the monthly and quarterly close to ensure accuracy of AIG’s invested assets data for certain international entities Support the preparation of investment disclosures for AIG 10Q/K and Financial Supplement, including Investment, Lending, Fair Value, VIE Footnotes and Investment MD&A Assist with process improvements and new systems in coordination with other areas of the department/organization Serve as point of contact and provide support for various business units and corporate controllers Coordinate with areas across the organization to understand new investment transactions and provide guidance to ensure accurate accounting in AIG ledgers Perform ad-hoc analytical requests Requirements Bachelor’s degree in accounting or finance At least 3 years’ experience in accounting and reporting for investment products Understanding of investment products and accounting treatment for fixed maturity, equity, cash equivalents and alternative investments Working knowledge of GAAP and recording of investments-related journal entries Experience with foreign currency remeasurement and translation Strong analytical skills, including experience performing investment data analysis with commentary Advanced Microsoft Excel skills (pivot tables and formulas) for managing investment data and analysis Ability to collaborate with teams in multiple locations Ability to balance multiple projects, prioritize, and work with urgency and attention to detail in a time-sensitive environment Team-player mindset with focus on process improvements and accounting controls for data quality Motivation and initiative, ability to work independently with strong organizational skills Comfort with a dynamic and complex organizational structure Excellent interpersonal, written and verbal communication skills Computer proficiency with strong knowledge of Microsoft Office; database experience a plus Salary, Location and Benefits For positions based in New York, the base salary range is $87,000-$109,000. For positions based in Connecticut, the base salary range is $87,000-$109,000. For positions based in New Jersey, the base salary range is $88,000-$110,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We offer a range of competitive benefits (summary available here US Benefits). Work Environment At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask 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. Commitment to Inclusion and Equal Opportunity We are committed to creating a culture that respects and celebrates diverse talents, backgrounds, cultures, opinions and goals. We foster inclusion and belonging through learning and employee resource groups. 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 category. AIG is committed to reasonable accommodations for job applicants and employees with disabilities. If you need a reasonable accommodation, please email candidatecare@aig.com. Functional Area FA - Finance AIG Employee Services, Inc. #J-18808-Ljbffr AIG

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