Senior Reinsurance Controllership Accountant

AIG PC Global Services, Inc.; Wilton (CT); On-site; USD 89,000 - 112,000; Full time

Benefits offered by this job

Total Rewards Program

In-office collaboration

Job summary

AIG PC Global Services, Inc. is seeking a Supervisory Accountant, Reinsurance, to join the Reinsurance Controllership team and ensure accurate accounting, internal controls, and timely financial reporting for reinsurance programs.

Reporting to the Manager, External Reinsurance, the role focuses on financial and operational controlling activities for external excess of loss and quota share programs, coordinating with offshore resources, and supporting management inquiries with precise analysis.

Qualifications

• Bachelor's degree in accounting required, CPA preferred.
• Minimum of 5 years of relevant professional experience, particularly leading teams in a controller capacity for a public P&C insurance company.
• Strong knowledge of reinsurance operations, including underwriting, claims, accounting, finance and associated process, controls and systems.

Responsibilities

• Perform allocations of deposit premiums on excess of loss contracts at a detailed code block level.
• Creating/reviewing journal entries on a monthly basis.
• Calculation of premium adjustments
• Coordinating with Reinsurance Collections on settlements and cash application
• Performing reviews in compliance with SOX controls
• Support responses to reinsurer inquiries by performing research and analysis
• Supporting CFO and FP&A teams in answering questions on reinsurance activities for specific reinsurance programs
• Monthly processing of assumed reinsurance programs based on SOA, including any applicable retrocessions
• Review of Schedule F Part 3 for recoverable, payable and funds held balances related to reinsurance programs

Skills

Reinsurance knowledge

SOX controls

Finance reporting

Cross-functional collaboration

Education

Bachelor’s degree in accounting

Job description

AIG PC Global Services, Inc. is seeking a Supervisory Accountant, Reinsurance, to join the Reinsurance Controllership team and ensure accurate accounting, internal controls, and timely financial reporting for reinsurance programs.

Reporting to the Manager, External Reinsurance, the role focuses on financial and operational controlling activities for external excess of loss and quota share programs, coordinating with offshore resources, and supporting management inquiries with precise analysis.