Treasury Supervisor at AIG

Dublin, County Dublin, Ireland

AIG Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, FinanceIndustries

Requirements

  • Demonstrate leadership and subject matter expertise in strategic treasury planning/decision making related to all Treasury activities
  • Ability to make correct informed decisions based on a detailed understanding of individual processes and components
  • Proactive mindset to challenge the status quo, improve/standardize processes, and implement best practice cash management procedures
  • Strong communication skills to assist Treasury management with requests/queries from Senior Management/business units in an efficient and professional manner
  • Capability to distribute information/reporting to internal teams/senior management and address follow-up queries timely
  • Experience in managing relationships with global banking partners and escalating issues appropriately
  • Ability to develop/lead Treasury projects through collaboration across functions (e.g., Finance, IT, Global Treasury)
  • Knowledge of Audit, SOX, ORM, risk/compliance requirements, AIG Treasury policies, controls, segregation of duties, procedure documentation, SOPs, and BCP maintenance

Responsibilities

  • Monitor daily cash positioning, perform payment execution, forecasting, variance analysis, and reconciliation for AIG entities in the EMEA region, ensuring adequate liquidity
  • Optimize cash pooling processes and yield on short-term cash for investment by reviewing target balances/thresholds based on financial environments
  • Challenge existing processes to find improvements and efficiencies in line with Treasury guidelines
  • Assist with requests/queries from Senior Management/business units efficiently and professionally
  • Distribute information/reporting to internal teams/senior management and address follow-up queries timely
  • Improve existing reporting by adjusting content or correcting inaccuracies based on changing environments
  • Proactively challenge status quo on Treasury team, improve/standardize processes/service standards, and implement best practice cash management
  • Foster an environment encouraging celebration of accomplishments or learning from failures, with individuals taking responsibility for tasks
  • Assist with management of AIG Intercompany Loan process, ensuring accuracy and efficiency
  • Partner with Global AIG Treasury counterparts to manage cross-region activity effectively, create global standards, improve processes, and close knowledge gaps
  • Challenge Treasury operations processes with limited value add to improve delivery
  • Manage relationships with global banking partners, addressing/escalating issues
  • Develop/lead Treasury projects through collaboration across functions
  • Ensure all Audit, SOX, and ORM activities/duties align with Treasury’s Risk and Compliance requirements
  • Ensure adherence to all AIG Treasury policies and controls
  • Maintain procedure documentation, Standard Operating Procedures, and Business Continuity Plan (BCP) up to date
  • Ensure proper segregation of duties per policies/procedures
  • Escalate issues as necessary and contribute to resolutions

Skills

Cash Management
Payment Execution
Forecasting
Variance Analysis
Reconciliation
Cash Pooling
Liquidity Management
Treasury Planning
FX Management
Risk Management

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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