Financial Analyst

OVERVIEW OF THE DEPARTMENT / PRIMARY FUNCTION

Lexington is the fasting growing segment in AIG’s North America operations. It accounts for more than 25% of North America’s premium with revenue in excess of $3.5BN.It is a vibrant and growing department that sits as a key strategic asset for AIG as referenced in AIG’s earnings calls.

The Finance department is a strategic partner to Lexington providing advice and business partner support to the CEO of Lexington and his leadership team in delivering strategic goals around profitability and the providing of accurate and timely financial reporting. Our responsibility is to aid the business in making good decisions through accurate data and analysis with a focus on business reviews, forecasting, budgeting, the competitive environment and monthly/quarterly KPI’s.

HOW WILL YOU MAKE AN IMPACT

• Be a Business Partner to the Lexington underwriting team, assisting the team with financial planning activities, quarterly closings, business reviews, various ad-hoc analysis and management information.
• Assist the business in identifying opportunities to improve profitability.
• Achieve improvements in our operating model to optimize efficiency and expenses.
• Use technology and tools where appropriate to reduce manual activities and improve quality, timeliness, and accuracy of business insights.
• Improve financial reporting by focusing on value accretive tasks and projects.
• Become a trusted member of the team and assist in building a solid bench for promotion
• Enhance collaboration with Finance Operations, Global FP&A and Controllers to further standardize our financial reporting and earnings materials.

DETAILED DESCRIPTION OF WORK TO BE PERFORMED / MAJOR RESPONSIBILITIES

• Produce monthly KPI’s and perform analysis on Lexington’s premium performance across various Business Units
• Prepare quarterly KPI’s and other reporting deliverables for the quarter close reporting process. This includes preparation and reporting on Actual, Forecast, and Budget
• Assist with the Lexington Budget and Forecasting processes
• Support P&L analysis for Actuals, Budget and Forecast (Premium, Losses, Expenses, etc)
• Help streamline and standardize reports across Lexington and Retail Property
• Preparation of PowerPoint presentations and analytics for senior management (Quarterly Business Reviews, Monthly Management Letter, Budget Reviews)
• Monitor Reinsurance Coding’s and co-ordinate with the business and operations as needed
• Assist in creating value add management reports for senior business leadership
• Assist in supporting a portfolio business unit, and develop the skills to take lead on a portfolio business unit within 12-18 months
• Support industry research and competitive analysis
• Coordinate with Actuarial, Operations, Expense, and Reinsurance teams on an as needed basis

JOB REQUIREMENTS: (subject to change)

• At least 3 years of accounting or finance experience
• BA degree or equivalent;
• Strong written and oral communication skills
• Superior organizational skills and ability to multitask to meet competing deadlines
• Financial statement analysis experience
• Experience in forecasting and modelling and knowledge of business performance metrics

ADDITIONAL CHARACTERISTICS:

• Highly motivated and results-oriented
• Strong analytical skills
• Experience working with diverse cultures across US regions
• Ability to manage a broad range of stakeholders
• Insurance or financial services experience preferred
• Programming language (SQL, Python etc) preferred

The base salary range for this position is $72,000-$90,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re 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 what’s 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 security—as well as your professional development—to 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 world’s 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

We’re committed to creating a culture that truly respects and celebrates each other’s 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 AIG’s 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 candidatecare@aig.com.

FA - Finance

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