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Posted: Thursday, April 13, 2017 8:23 PM

Position Description:

AIG Property Casualty has an opportunity for a Reinsurance Account Analyst in New York. Performance objectives in this position are as follows:

Reinsurance Analytics:
Balance sheet - provide support to the reinsurance finance team for various quarterly and year over year account level variances.
P&L - work with the treaty placement team for detailed analysis of quarterly activity

Quarterly Close support:
Maintain and monitor month/quart close calendar to meet all close related deliverable
Reinsurance layoff calculations - gather premium and loss information and prepare basic reinsurance calculations (NMJE's)
Provide support to Finance in response to pillars/modules question on reinsurance transactions
Work with Finance on FAS 5 calculations
Work with Finance on the variance for payable/recoverable balances

Account rendering/sub-ledger maintenance:
Prepare manual statement of accounts (Contingent Commissions, Reinstatement Premiums, International loss Recoveries)
Prepare manual entires into RDPS for statement rendering
Cash processing initiation and application into sub-ledgers
Work with Treasury department in monitoring cash via monthly forecast and annual budgeting
Process sub-ledger adjustments per requests from Collections, manual accounts and sub-ledger research of open balances
Provide the Reconciliation unit with support for sub-ledger related activity
Work with Finance on GL to SL reconciliation analysis
Maintain manual sub-ledger detail for accounts not on MSA
Calculate and maintain Funds held balances for manual accounts.

Position Requirements:

* Minimum 5 years of casualty insurance experience is required.

* Strong math skills are needed.

* Working knowledge of reinsurance is preferred.

* Exposure to underwriting is desired.

* Should be proficient working with various AIG reinsurance coding systems (PPS, UPS, EMIS, eRe).

* Bachelor's degree or the equivalent in experience is required.

* Should have strong interpersonal & communications skills and conscientious work ethic.

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• Location: Manhattan

• Post ID: 96767798 manhattan is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017