Senior Syndicate Accountant at AIG

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, ReinsuranceIndustries

Requirements

Qualified accountant with 5+ years PQE
Significant Lloyd's reporting experience
Good knowledge of financial processes and controls, including SOX
Good knowledge of Lloyd’s accounting and processes
People management experience
Strong communication skills
Strong analytical skills
Experience in SAP & Excel – Excel Powerpivot / Powerquery experience preferred

Responsibilities

Group syndicate reporting to parent company
First level review of Lloyd’s regulatory reporting including tax
Gross and RI premium ultimates for Actuarial
Annual report & accounts
Maintain and ensure efficient and effective syndicate accounting processes
Gross and RI premium ultimates processes
Analytical review
SOX and other financial controls
Ensure documentation maintained for key processes
Ensure complete support files for all reporting
Supervision and development of the team
Team work planning
Monitor performance against plan

Skills

Lloyd's Reporting

Syndicate Accounting

SOX Controls

Financial Controls

SAP

Excel

PowerPivot

PowerQuery

People Management

Analytical Review

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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