Senior Manager, Reinsurance Accounting

Senior Manager, Reinsurance Accounting

Wilton, CT or Parsippany, NJ

The Manager, Reinsurance Accounting, is a key member of AIG’s Reinsurance Controllership team, ensuring accurate accounting, robust internal controls, and timely financial reporting for AIG’s domestic Commercial and Personal insurance businesses. Reporting to the Director, External Reinsurance, this role manages the financial and operational controlling activities associated with multiple complex external reinsurance programs.

• Oversee execution of key accounting and operational controlling requirements for a prominent, bespoke third‑party program with a Lloyds reinsurer, including:
  • Timely identification and billing of eligible XOL recoveries
  • Calculation and accounting for ceding commissions
  • Coordination with Reinsurance Collection group on issuance of statement of accounts to brokers
  • Preparation of program summary for review and presentation to leadership
  • Provision of analytical insight into activity in the reporting period
• Manage the financial and operational accounting for global catastrophe reinsurance programs, preparing statements of account and ensuring timely settlements with global Treasury operations.
• Ensure timely identification and response to accounting for less structured or predictable transactions, such as cash calls on external reinsurance, reinstatement premiums on current and prior years’ loss activity, recording and applying cash for retrospectively rated reinsurance contracts, etc.
• Provide global oversight of Travel Reinsurance activity in support of strategic initiatives, including general ledger oversight and coordination with Reinsurance Collection on billing and cash application.
• Support audit processes with external and internal auditors.

• Bachelor’s degree in accounting required; CPA preferred.
• Minimum of 7 years of relevant professional experience, including leading teams in a controller capacity for a public P&C insurance company.
• Advanced knowledge of reinsurance operations, underwriting, claims, accounting, finance, and associated processes, controls, and systems; re/insurance‑relevant professional designations (ARe, CPCU, etc.) are a plus.
• Strong insurance‑technical accounting expertise with comprehensive understanding of inter‑relationships between balance sheet and income statement and ability to analyze results.
• Industry business acumen and awareness of global macroeconomic factors affecting financial results.
• Experience leveraging onshore and offshore management and staff resources on a global basis, optimizing time‑zone differences for productivity.
• Excellent interpersonal skills, ability to communicate and collaborate effectively across Finance and operational disciplines.
• Systems‑technical acumen, able to grasp management reporting structures, new finance architecture, and financial reporting platforms.
• Strong attention to detail, yet able to view broader objectives and relationships across teams.
• Ability to thrive in a dynamic, transformational environment that embraces change and promotes professional growth and process improvement.

Base salary range:
New York $128,000–$160,000;
Connecticut $128,000–$160,000;
New Jersey $129,000–$161,000. Eligible for a bonus in accordance with the applicable incentive plan.

Eligible for a comprehensive benefits package covering health, wellbeing, financial security, and professional development.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other protected category. AIG is committed to providing reasonable accommodations to job applicants and employees with disabilities. If you need an accommodation, please contact