Reinsurance Operations Manager

AIG Insurance

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profile Job Location:

Parsippany, NJ - USA

profile Monthly Salary: $ 76000 - 95000
Posted on: 4 days ago
Vacancies: 1 Vacancy

Job Summary

Key Responsibilities:

  • Create/maintain excel workbooks to provide notice of loss and collateral release reports

  • Manage team of analysts and ensure that all duties and responsibilities are satisfactorily and timely met

  • Responsible for Treaty interpretation and coding of domestic and international treaties

  • Partner with the Ceded Re Placement Team to ensure reinsurance contracts can be fully operationalized

  • Responsible for oversight process documentation and guideline creation for domestic and international treaties

  • Provides guidance on a continuous basis to Domestic and International Analysts

  • Work closely with the Finance Center staff to address and resolve claim related issues as they arise

  • Ensure SOX compliance by maintaining and monitoring diligent control framework

  • Develop and maintain strong working relationships with reinsurers brokers and intercompany departments

  • Investigate/research requests or questions from internal customers

  • Review and approve manual billings to reinsurers

  • Create/maintain excel workbooks to provide notice of loss and collateral release reports as necessary

  • Work with Analytical teams (Actuarial Accounting IAG etc.) to provide critical data as necessary

  • Support AIG Next and Reinsurance Target Operating Model and reinsurance governance (including SOX controls) initiatives as applicable

Key Deliverables (including reports):

  • Control Documentation for auditors

  • Notice of loss reports

  • Collateral release reports

  • Treaty reinsurance security lists and coding sheets

  • Treaty setup timely and accurate within SRM / e-treaty

Minimum Qualifications:

  • 5 years of reinsurance/insurance experience in claims and/or accounting

  • Basic understanding of general accounting fundamentals

  • Strong understanding of reinsurance and insurance concepts for all reinsurance types

  • Proficient with information technology particularly Microsoft office (Word Excel Power Point)

  • Strong interpersonal skills and team orientated

  • Excellent organization and time management skills

  • Strong analytical skills to quickly identify gather and assess information

  • Ability to collaborate effectively with all levels of management and intercompany departments

Preferred Qualifications:

  • Excellent Microsoft Excel skills

  • Innovative thinker and creative problem solver

  • Self-starter and takes initiative

  • Knowledge of claims handling processes a plus

The base salary range for this position is $ and the position is eligible for a bonus in accordance with the terms of the applicable incentive addition were proud to offer a range of competitive benefits a summary of which can be viewed here: US Benefits

At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

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 legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

Functional Area:

FA - Finance

AIG PC Global Services Inc.


Required Experience:

Manager

Key Responsibilities:Create/maintain excel workbooks to provide notice of loss and collateral release reportsManage team of analysts and ensure that all duties and responsibilities are satisfactorily and timely metResponsible for Treaty interpretation and coding of domestic and international treatie...
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