Manager Financial Control at AIG

Quito, Pichincha, Ecuador

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • 3rd degree in Finance, Accounting, or related field
  • 5 years in similar positions
  • Registered CPA (preferred)
  • Insurance knowledge
  • Advanced office tools proficiency
  • English fluency (85% or higher)
  • Teamwork (delegation, collaboration, proactive support)
  • Analytical capacity to solve problems
  • Ability to work under pressure
  • Organized and focused on results
  • High levels of communication
  • Relationship development
  • Problem-solving through assigned resources
  • Ethics and reliability
  • Adaptation to change

Responsibilities

  • Supervise issuance of financial statements (over 20 information annexes) reported monthly to the local regulator (Superintendencia Compañías, Valores y Seguros)
  • Support the team on monthly tax return reports and the annual income tax return to the SRI regulator
  • Validate CAPEX project execution and related analysis
  • Supervise aging of suspense accounts and related to coinsurance businesses
  • Estimate and account for technical reserves, including UEPR and IBNR
  • Reconcile balances with related parties abroad
  • Coordinate quarterly review processes with external auditors and risk rating agencies
  • Implement the company’s accounting policies for local and GAAP purposes
  • Perform financial analysis on the LoB profitability, channel, and sponsor business
  • Generate monthly financial reports for the CFO and Company’s Board of Directors
  • Conduct risk analysis on financial procedures

Skills

Financial Reporting
Tax Reporting
CAPEX Analysis
Technical Reserves
IBNR
UEPR
GAAP Accounting
Financial Analysis
Balance Reconciliation
Auditing
CPA

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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