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American International Group, Inc.

Assistant Director- Accounting and Finance Job

American International Group, Inc. - Jeffersonville, IN

AIG is seeking an experienced, self-starting individual for an Assistant Director of Accounting and Finance in AIG's Warranty Business. This is a lead finance / CFO role, assisting with multiple functions of the business: Operations, Business Development, Financial Reporting, Management Reporting, and Tax Support. The Assistant Director leads a team of 10 individuals within the finance department, and works closely with AIG's warranty business and finance leaders. This position is located in Jeffersonville, IN within the warranty business - just 1 mile from downtown Louisville, KY.

Candidate Requirements

Certified Public Accountant designation required

12 years of experience in relevant roles

Strong finance background including experience with profitability assessments, budgeting and forecasting, financial planning and analysis

Strong communication and presentation skills

Experience working at a Big 4 accounting firm a plus

Roles and Responsibilities

Business Development / Operations:

Support the US Head of Warranty through timely and relevant financial information and insight in support of decisions that drive profitable growth

Support the development and execution of a US Warranty Strategy

Being an active leader in the Finance team, developing finance talent and assisting in the delivery of overall Warranty goals

Return on investment and request for quote calculations - new program cost estimates combining administrative support and underwriting performance

Operations modeling - business staffing models, insourcing vs. outsourcing

Legal / regulatory document reviews - client legal contracts, terms and conditions, insurance agreements, regulatory financial filings and responses, intercompany agreements for administration services

New program launches / implementations and integrations - sales intake into proprietary systems, invoicing, cash collection and application, bordereaux reporting to insurance companies (sales and claims), financial data from proprietary systems into the MAS subledger and the SAP corporate ledger.

International program support - billing and collection support

Systems design / remediation specification - proprietary systems and subledger updates and evolution as driven by business needs.

Financial Reporting:

Accountable for timely and accurate delivery of legal entities' internal/external financial reporting and maintenance of a robust control environment.

Technical accounting - revenue and expense recognition, intercompany relationships

Internal control development and maintenance

Balance sheet and income statement analytics

External audit oversight

Management Reporting:

Cost accounting - cost allocation for support resource use across programs

Accountable for all budgeting, estimate and forecasting processes relating to the P&L

Key performance indicators / operational cost tracking - cost per claim, per minute, per dispatch

Program level P&Ls - client program profitability analysis


Federal and State tax support - US and Canada

Sales, VAT, franchise / business privilege, and property tax filing ownership - US and Canada

About AIG

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

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Job Criteria:

Start Date: ASAP

Position Type: Full-Time Permanent

Years of Experience Required:

Education Required:

Overnight Travel:

Vacation Time:

18 days 1 hour ago

American International Group, Inc.


Assistant Director- Accounting and Finance Job American International Group, Inc. - Jeffersonville, IN, United States


Location: Jeffersonville, IN

Company Profile:
American International Group, Inc. provides insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in two segments: AIG Property Casualty, and AIG Life and Retirement. The AIG Property Casualty segment offers casualty insurance products that cover general liability, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance; industrial energy-related and commercial property insurance products, which cover exposures to man-made and natural disasters; aerospace, environmental, political risk, trade credit, surety and marine insurance products for small and medium sized enterprises; and various forms of professional liability insurance products. It also provides personal accidental and supplemental health products for individuals, employees, associations, and other organizations; and life products, as well as a range of travel insurance products and services for leisure and business travelers. This segment distributes its insurance products and services through brokers, agents, and direct marketing and partner organizations, as well as the Internet. The AIG Life and Retirement segment offers a suite of products and services to individuals and groups, including term life insurance, universal life insurance, accident and health insurance, fixed and variable group annuities, administrative and compliance services, mutual funds, and financial planning. This segment distributes its products through banks, broker-dealers, financial advisors, independent marketing organizations, insurance agents, structured settlement brokers, benefit consultants, and direct-to-consumer platforms. The company also provides private residential mortgage guaranty insurance and direct investment book services; and derivatives intermediary services. American International Group, Inc. was founded in 1919 and is based in New York, New York.