Accountant, TPA Financial Services at AIG

Parsippany, New Jersey, United States

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$55,000 – $69,000Compensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

Undergraduate degree in Finance or Accounting
3+ years of experience in Finance or General Accounting
Ability to communicate effectively outside the organization
Self-starter, quick learner, and flexible team player
Ability to work independently, take ownership, and manage ongoing responsibilities
Excellent problem solving and analytical skills with a high level of curiosity
Ability to multitask and work well under pressure of tight deadlines with strong attention to detail
Technical skills with advanced knowledge of MS Excel and MS PowerPoint
Ability to adapt to organizational changes

Responsibilities

Analyze claims data errors and work with the TPA to fix with the next submission
Compare inception to date loss data for TPAs to AIG's internal systems to correct any discrepancies
Cataloging tickets for system updates
Coordinate the transfer of clients between TPAs when a file transfer has been requested
Complete projects as requested by management
Create and/or update PowerPoint presentations and process documentation
Work with offshore teams in India

Skills

MS Excel

MS PowerPoint

Financial Analysis

Claims Data Analysis

Accounting

Problem Solving

Data Reconciliation

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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