Jr. Accountant - Collections Analyst at AIG

San Juan, Puerto Rico, Puerto Rico

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelor's degree preferred or an Associate Degree plus 2 years’ accounting experience
Some experience in the insurance industry
Fluent in English and Spanish (verbal and written)
Excellent organizational skills
Analytical skills and detail oriented
Excellent teamwork skills
Proficient in the use of MS Office suite products, especially Excel (a must) and Word

Responsibilities

Analyze and properly identify all payment transactions received in bank for the Latin America AIG Facultative Desk
Allocate cash receipts and generate journal entries
Analyze aging report and update payment status for each account
Accountable for collections efforts with brokers via email
Issue cancellation notices for past due accounts
File and organize Collections department Digital Cash receipts as required
Support financial internal and external audits
Assist other Collection team members in matters related to collections area
Resolve situations presented by producers, insured and internal clients, related to premium payments

Skills

Excel

Microsoft Word

MS Office

English

Spanish

Accounting

Collections

Journal Entries

Aging Reports

Audits

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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