Posted:
10/2/2024, 5:44:13 AM
Location(s):
New York, United States ⋅ New York, New York, United States
Experience Level(s):
Senior
Field(s):
Finance & Banking
About the Company:
As a leader in commercial and personal insurance solutions, we are one of the world’s most far-reaching property casualty networks, offering a broad range of products, including Liability, Financial Lines, Property, Global Specialty, Personal Lines and Accident and Health.
But as a leader, it is also important to us to help the world overcome some of the biggest challenges it has ever faced. From tackling climate change to creating more diverse, inclusive workforces, we are proud to not just be part of the solution, but to be a global leader for positive change in the communities that we serve.
About the role:
AIG Treasury is a global organization within the Finance division of AIG. AIG Treasury is responsible for Liquidity Management, Capital Management, Rating Agencies, Corporate Insurance, Cash Management and Forecasting, Bank Relations, Capital Markets and Foreign Exchange Management. AIG Treasury strives to be a valued partner to internal and external stakeholders by fostering collaboration and providing support that drives significant value for the business.
We are seeking a Senior Analyst to join the North America Treasury team. This role requires problem solving skills, attention to detail and a strong work ethic. Responsibilities include, but are not limited to the following:
Prepare daily cash balance reports used for optimizing cash and short term investments and maximizing net interest income.
Prepare reports used to direct investment of excess operating cash balances in longer dated assets in partnership with the Investments team.
Initiate foreign exchange spot trades to convert foreign currency into U.S. dollars for funding purposes.
Assist with the preparation of liquidity baseline and stress testing results for North American insurance companies.
Prepare cash flow forecasts for insurance and holding companies.
Prepare daily actual vs. prior day and actual vs. forecast cash variance analysis reports for insurance companies.
Prepare daily margining reports for external distribution.
Prepare Federal Home Loan Bank borrowing capacity and margin reports used for funding purposes in the insurance companies.
Prepare quarterly and annual Federal Home Loan Bank certifications and capital stock calculations.
Create PowerPoint presentations for AIG’s senior management, Board of Directors, Risk Committees, and various stakeholders.
Support Treasury technology and process transformation workstreams.
What we are looking for:
Bachelor’s degree required. Finance or business major preferred.
3+ years of experience in Finance and Treasury in a financial firm with knowledge in corporate finance, investments, and/or accounting.
Insurance industry knowledge a plus.
Ability to multitask and work well under pressure, maintain strong attention to detail and prioritize work within tight deadlines.
Self-starter, quick learner and team-player.
Excellent problem solving and analytical skills and a high level of intellectual curiosity.
Advanced knowledge of MS Office, particularly Excel and PowerPoint.
For positions based in NYC, the base salary range is $76,000 - $85,000.
In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We’re proud to offer a range of competitive benefits a summary of which can be viewed here: AIG Benefits Overview
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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 belonging
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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 [email protected].
Functional Area:
Website: https://aig.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1919
IPO Status: Public
Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management