FP&A Associate at AIG

New York, New York, United States

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Requirements

A Bachelor's degree in a quantitative field such as finance, accounting, mathematics, or economics is required, along with 8+ years of finance or accounting experience, preferably in the P&C insurance industry. Strong analytical and quantitative skills, financial acumen, experience with financial modeling, excellent communication skills, and advanced proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) are essential. The ideal candidate should be proactive, motivated, results-driven, and possess the ability to translate complex financial information into actionable insights for senior management.

Responsibilities

The FP&A Associate will manage the top-down model for setting targets and tracking KPIs, prepare Short-Term Incentive (STI) and Long-Term Incentive (LTI) plan calculations, and supervise financial analysts. Responsibilities include supporting the development of presentations for the Board of Directors and senior management, participating in the weekly Pulse forecast process, collaborating with Investor Relations, Capital Management/Treasury, and Controllers teams, and performing ad hoc financial analysis for strategic initiatives like M&A.

Skills

FP&A
Financial Analysis
Top-Down Modeling
KPI Tracking
STI Planning
LTI Planning
Board Presentations
Storytelling / Dashboards
Forecasting
Pulse Forecast Process
Stakeholder Communication
IR Collaboration
Treasury Collaboration
Controllers Collaboration
M&A Analysis
Quantitative Analysis

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.

Land your dream remote job 3x faster with AI