Reinsurance Operations Manager

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 $76,000-95,000 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.

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