Who we are

Assistant Director of Reinsurance Finance

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

Assistant Director of Reinsurance Finance

General Insurance 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. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

What you need to know

Assistant Director of Reinsurance Finance

This role is responsible for managing the reinsurance finance and controllership area. The individual hired will oversee a global cross functional team of resources. Specific areas of responsibility include but are not limited to:

Internal and external reinsurance operationalization and associated financial booking of reinsurance
Manage operationalization of large complex reinsurance programs
Broker/Reinsurer reporting including statements/bordereau
Financial reporting (GAAP/STAT, Schedule F etc)
Work closely with financial controls unit, internal and external audit on reinsurance
Partner closely with FP&A to work on reinsurance budgeting, forecasting, actuals and other analytics
Responsible for key reinsurance finance processes and associated controls
Provide expertise to various internal and external stakeholders through participation in various steering committees.
Prioritize and address various broad and individual projects, process improvement and transformation initiatives as they arise
Provide guidance and recommendations as respects reviewing optimal options and solutions to new and existing issues as they arise by leveraging knowledge of existing constraints
Position interacts with various levels of internal and external individuals and organizations
Expected to create alignment through thought leadership, critical thinking, direction/context setting and stakeholder communications.

Assistant Director of Reinsurance Finance

What we’re looking for

10+ years of relevant experience in an insurance/reinsurance company. Reinsurance experience preferred
Experience in both managing and calculating reinsurance transactions on both assumed and ceded activity on Quota Share and Excess of Loss contracts preferred
Advanced knowledge of reinsurance including underwriting, claims, accounting, finance and associated process, controls and systems preferred
Ability to interpret complex agreements and develop expertise of others
Advanced knowledge of accounting principles and practices and the analysis and reporting of financial data
Working knowledge of systems and technology utilized within area of responsibility
Strong technical skills in Microsoft Excel, Power Point and Word
Strong verbal and written communication skills with experience interacting with executive management and external stakeholders

Assistant Director of Reinsurance Finance

3+ years of managerial experience
Bachelor’s Degree (finance major preferred)
Advanced degree and/or designation in a related field a plus (i.e. ARe or CPCU designations, MBA, CPA, MS, PhD, ACAS, FCAS, etc.)

Assistant Director of Reinsurance Finance

“Top 10 Interview Questions”

Can you tell us about yourself?
What interests you about this position?
What are your strengths?
What are your weaknesses?
Can you give an example of a time when you solved a problem creatively?
How do you handle stress and pressure?
How would you describe your work style?
Can you tell us about a time when you had to work with a difficult
colleague or supervisor?
How do you stay organized and prioritize tasks?
What are your long-term career goals?

Document Required:

Required Documents for This Recruitment: The candidate should have this Document Before Apply Online. Candidates Are Suggested To Read
the Official Notification Before Applying.
Document – Qualifications certificate with mark sheets.
Passport size Photographs
Signature