American International Group, Inc.
As a part of our Investment Accounting team in Woodland Hills, CA, you will be responsible for the accounting and financial reporting of commercial mortgage loans for multiple AIG companies.
You will prepare various investment accounting reports under GAAP and Statutory requirements.
Mortgage industry experience is recommended but not required.
This position reports to the Director of Investment Accounting & Reporting and is one of team of 4.
The position interacts extensively with various business teams, internal and external auditors, management, and staff and requires excellent teamwork, communication and organization skills, and flexibility in work schedule to meet deadlines.
Reconcile monthly between investment accounting system (LMS/IDR) and general ledger system (SAP).
Reconcile related mortgage accounts: assets, liabilities, other comprehensive income, income, expenses, realized gains and losses.
Prepare SAP and IDR manual adjustments, as needed.
Certify mortgage loan balances in Blackline in accordance with internal and AIG Reconciliation Policy.
Explain material flux variances between months, quarters and years.
Complete monthly and quarterly GAAP and Statutory reports.
Complete other special projects as may be assigned.
The Ideal Candidate Should Have
BS/BA in accounting, finance, or economics.
3-5 years experience in corporate accounting, preferably in the insurance industry.
Strong Excel skills (creating and using pivots, if, sum, vlookup)
Knowledge of SAP General Ledger System, or similar accounting system.
Strong analytical and problem solving skills with attention to detail.
Strong communication and interpersonal skills.
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.
AIG Property Casualty
is a global market leader, one of the few truly global property casualty franchises.
AIG Life and Retirement
is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.
United Guaranty Corporation
is the marketplace leader in mortgage insurance in the U.S.
Additional information about AIG can be found at www.aig.com
: @AIG_LatestNews | LinkedIn
Position Type: Full-Time Permanent
Years of Experience Required:
American International Group, Inc.
Website : http://www.aig.com
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.