Senior Account Manager, Captive Management

American International Group, Inc.; Arizona; Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Total Rewards Program

Office in Burlington

Job summary

American International Group (AIG) seeks a Senior Account Manager, Captive Management in Burlington, VT to supervise a portfolio of captive clients and ensure service delivery and regulatory compliance. You will lead communications with owners, service providers and regulators, and guide junior staff.

The role includes staff development, hiring participation, and involvement in industry associations. You may serve as Director or Officer for certain clients and will contribute to business

Qualifications

• Bachelor of Accounting degree is required.
• CPA or equivalent (or CPA candidate) is required.
• Experience in preparing financial statements with GAAP or related experiences.

Responsibilities

• Provide supervision and oversight for a portfolio of captive clients.
• Lead communication with captive owners, service providers, and regulators.
• Manage, delegate, and review work of Account Administrators and Coordinators.
• Participate in staff development and education; oversee performance appraisals.
• Participate in staff hiring and fee renewal discussions and communications.
• Perform special client requests and present materials at client boards and committees.
• Maintain captive industry knowledge through media, seminars and associations.

Skills

Analytical thinking

Effective communicator

Team collaboration

Organizational skills

Attention to detail

Excel skills

Education

Bachelor of Accounting degree

CPA or equivalent or CPA candidate

Tools

GAAP experience

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Account Manager, Captive Management to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

About the Role

Provide supervisory oversight for a portfolio of captive clients focusing on ensuring that all services, deliverables, and regulatory compliance items are being met. Leading the communication with senior captive owners, service providers, and regulators is an important part of this role. At the discretion of clients, this position may serve as a Director, Officer, and/or equivalent position with various captive insurance clients. Manage, delegate, and review work of Account Administrators and Coordinators. The role is also expected to participate in industry associations and networking.

Client Management

Primarily responsible for providing a supervision and oversight role of services to complex captive insurance companies. Also maintain the role as the primary contact of our more complex captives. Provide peer review and guidance to other team members.

Business Operations

Provide leadership role in staff development and education. It is anticipated that two or more staff will directly report to this position which includes leading their performance appraisal process. Participate in staff hiring as needed. Participate in fee renewal discussions and communications.

Non-Routine Client Management

Perform special requests for clients, which may include tasks such as business plan changes, preparing financial proformas, or analyzing new agreements. Serve as Director and/or Officer as appropriate and present materials at client board & committee meetings.

Industry Knowledge/Involvement

Maintain and continue developing captive insurance industry knowledge (such as different uses of captives) using media, seminars, and other resources. Participating on committees/boards with industry associations.

What you'll need to succeed

• Bachelor of Accounting degree and captive experience required
• CPA or equivalent (i.e., Chartered Accountant) or CPA candidate
• Experience in preparing financial statements with Generally Accepted Accounting Principles (GAAP) or related experiences
• Proven ability to work effectively both in a team environment and independently to meet deadlines and satisfy the needs of the client and service team managers
• Demonstrated analytical thought and the ability to think and complete tasks independently
• Contribute to a team environment
• Excellent organizational skills a must
• Excellent Excel skills
• Effective communicator, both verbally and written

Compensation and Benefits

Compensation for this position includes base salary and eligibility 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 Overview.

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.

At AIG, we value in-person collaboration as a vital part of our culture, which is why team members come together in the office four days per week. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike. The role is based in AIG's Burlington Vermont office.

Reimagining Insurance

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.

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.

Equal Opportunity

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].

Functional Area

UW - Underwriting AIG Insurance Management Services, Inc. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Additional Information

#LI-AIG #captivemanagement #insurancecaptives #vermontinsurancejobs

Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.