Financial Analyst at AIG New York, NY

AIG; New York (NY); On-site; USD 72,000 - 90,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

AIG is seeking a Financial Analyst in New York, NY. This role involves financial planning, analysis, and reporting to support the Lexington department's strategic goals. The ideal candidate will possess strong analytical and communication skills and have a minimum of 3 years of finance experience.

The position offers a salary range of $72,000 to $90,000 plus eligibility for a bonus. AIG is dedicated to promoting diversity and providing equal opportunity to all qualified individuals.

Qualifications

• 3+ years of accounting or finance experience.
• Ability to multitask and meet competing deadlines.
• Experience working with diverse cultures across US regions.

Responsibilities

• Produce monthly KPI's and perform analysis on premium performance.
• Prepare quarterly KPI's and reporting deliverables.
• Assist with Budget and Forecasting processes.

Skills

Accounting or finance experience

Strong written and oral communication skills

Financial statement analysis

Forecasting and modelling

Analytical skills

Education

BA degree or equivalent

Tools

SQL

Python

Job description

Financial Analyst job at AIG. New York, NY.

OVERVIEW OF THE DEPARTMENT / PRIMARY FUNCTION

Lexington is the fastest growing segment in AIG’s North America operations. It accounts for more than 25% of North America’s premium with revenue in excess of $3.5BN. It is a vibrant and growing department that sits as a key strategic asset for AIG as referenced in AIG’s earnings calls.

The Finance department is a strategic partner to Lexington providing advice and business partner support to the CEO of Lexington and his leadership team in delivering strategic goals around profitability and the providing of accurate and timely financial reporting. Our responsibility is to aid the business in making good decisions through accurate data and analysis with a focus on business reviews, forecasting, budgeting, the competitive environment and monthly/quarterly KPI’s.

HOW WILL YOU MAKE AN IMPACT

• Be a Business Partner to the Lexington underwriting team, assisting the team with financial planning activities, quarterly closings, business reviews, various ad‑hoc analysis and management information.
• Assist the business in identifying opportunities to improve profitability.
• Achieve improvements in our operating model to optimize efficiency and expenses.
• Use technology and tools where appropriate to reduce manual activities and improve quality, timeliness, and accuracy of business insights.
• Improve financial reporting by focusing on value accretive tasks and projects.
• Become a trusted member of the team and assist in building a solid bench for promotion
• Enhance collaboration with Finance Operations, Global FP&A and Controllers to further standardise our financial reporting and earnings materials.

KEY RESPONSIBILITIES

• Produce monthly KPI’s and perform analysis on Lexington’s premium performance across various Business Units
• Prepare quarterly KPI’s and other reporting deliverables for the quarter close reporting process. This includes preparation and reporting on Actual, Forecast, and Budget
• Assist with the Lexington Budget and Forecasting processes
• Support P&L analysis for Actuals, Budget and Forecast (Premium, Losses, Expenses, etc)
• Help streamline and standardise reports across Lexington and Retail Property
• Preparation of PowerPoint presentations and analytics for senior management (Quarterly Business Reviews, Monthly Management Letter, Budget Reviews)
• Monitor Reinsurance Coding’s and co‑ordinate with the business and operations as needed
• Assist in creating value add management reports for senior business leadership
• Assist in supporting a portfolio business unit, and develop the skills to take lead on a portfolio business unit within 12‑18 months
• Support industry research and competitive analysisCoordinate with Actuarial, Operations, Expense, and Reinsurance teams on an as needed basis

QUALIFICATIONS

• 3+ years of accounting or finance experience
• BA degree or equivalent
• Strong written and oral communication skills
• Superior organisational skills and ability to multitask to meet competing deadlines
• Financial statement analysis experience
• Experience in forecasting and modelling and knowledge of business performance metrics
• Highly motivated and results‑oriented
• Strong analytical skills
• Experience working with diverse cultures across US regions
• Ability to manage a broad range of stakeholders
• Insurance or financial services experience preferred
• Programming language (SQL, Python etc) preferred

The base salary range for this position is $72,000‑$90,000 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

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 [e-mail].