Financial Analyst at AIG

Jeffersonville, Indiana, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, FinanceIndustries

Requirements

2+ years of accounting or finance experience
BA degree or equivalent
Strong written and oral communication skills
Superior organizational 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

Responsibilities

Provide support to the Global Warranty Finance team and by extension, the business, underwriting, actuarial, and O&S teams they partner with
Source and populate financial figures and metrics for periodic reporting deliverables covering production, losses, expenses, and head count, and others
Support the annual and quarterly Strategic Planning and Forecasting processes by gathering inputs from the business teams and compiling the projected results to be shared with the Business
Work with the Finance team to prepare quarterly financial reporting deliverables, such as the Quarterly Narratives and Business Review Documents, to outline the performance of the business compared to relevant periods and projections
Support the Finance team to improve documentation around processes and procedures
Participate in other special projects and/or coordination efforts that directly impact the financial reporting, budgeting and analysis of Global Warranty, and especially the US programs

Skills

Financial Reporting

Financial Analysis

Forecasting

Budgeting

Excel

Accounting

Strategic Planning

Process Improvement

Data Sourcing

Quarterly Reporting

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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