Manager – Statutory Reporting Operations

Manager, Statutory Reporting Operations

Wilton, CT | Parsippany, NJ

Reporting to the Director, U.S. Statutory Controller, this role is critical to the successful operation of AIG’s U.S. Statutory Controllership team.  While this role encompasses an array of responsibilities related to accounting, reporting, analytics and IT systems, it is grounded in foundational elements of governance and controls covering financial statement and related regulatory filings of AIG’s 18 US-domiciled Property Casualty Insurance companies.  The ideal candidate will bring solid P&C insurance experience to this newly-defined role with skills to match these responsibilities, and the capability to manage and influence operations in a complex, demanding and transformational environment.  This role has one direct report on shore and will support directing the activities of approximately six more offshore resources.

Key Responsibilities:

• Serve as primary reviewer of quarterly statutory analytics package, which requires gaining a strong understanding of the General Insurance business results of AIG and connecting appropriately to the U.S. companies’ statutory results; partner with relevant subject matter experts across functions who are delivering analytical insights, reviewing their outputs and providing necessary feedback to ensure the highest levels of quality
• Work with the Director, U.S. Statutory Controller, through preliminary and subsequent reviews of draft quarterly/annual statement filings, aligning individual company outcomes against expectations, addressing feedback from senior management reviewers, and managing the validation of changes through the review process
• Support the Director, U.S. Statutory Controller, in maintenance of close calendar, partnering across functions to problem-solve as issues emerge, and enforce adherence to established timelines
• Maintain a comprehensive inventory of all state regulatory filings within the scope of the Controllership, backed by calendars/timelines, project plans and execution checklists/protocols underneath each filing to ensure orderly delivery
• Manage end-to-end the quarterly/annual statement filing process for all U.S. companies, working with Legal on governance and signatory approvals, third party vendors on document reproduction and IT/systems on extraction to then upload all relevant files to the NAIC and insurance departments
• Drive/own execution of key governance protocols, including certification controls across functions
• Serve as business liaison with IT covering systems, platforms and other bespoke tools utilized by the Statutory Controllership (e.g. SAP G/L, Workiva, Wings), ensuring issues are timely identified, escalated and managed
• Work with AIG’s Office of Accounting Policy to monitor and evaluate statutory accounting standard setting activity, support impact assessments and engage with impacted functional areas to ensure readiness for changes in accounting/reporting requirements
• Engage on special projects and initiatives, as defined by leadership, ranging from continuous improvement to strategic transformations, advocating for the Statutory Controllership interests where necessary
• Central point of contact for managing multiple external audits of statutory entities across functions within AIG, and liaising with external audit teams

Job Requirements:

• Bachelor’s degree in accounting
• 7+ years of progressive experience in finance roles (controlling, analytics, financial reporting) in the Property & Casualty insurance industry.
• Strong technical accounting experience with P&C insurance companies, with an ability to connect business and accounting outcomes through our reported financial results
• Possessing a well-balanced approach to hands-on support and detailed review of team-produced reporting, with a big picture view of the insurance companies’ results to ensure accuracy of regulatory filings
• Systems-technical acumen, and an ability to navigate reporting platforms including Wings and Workiva
• Strong operational controllership experience in an NAIC Statutory reporting environment.
• Strong interpersonal skills and an ability to communicate and collaborate effectively with individuals across Finance and operational disciplines towards a common purpose
• Strong attention to detail, where accuracy and precision are critical to success.
• Demonstrated contributions to improvement in processes and controls.
• Comfortable operating in a dynamic, transformational environment, where change is embraced and viewed as an opportunity for one’s own professional development and to drive process improvement for the team and broader organization.

For positions located in New Jersey the base salary range for this position is $99,000-$143,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re 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 [email protected].  

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