Job title: UK Financial Controller
Company: AIG
Job description: Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
What you need to know:
Reporting to the UK CFO, the UK Financial Controller will have direct responsibility and accountability for timely and accurate delivery of UK financial statements and analytics, along with maintenance of a robust controls environment.
This is a high-profile role in our business that will lead the Controllership function and associated teams covering UK financial operations, US GAAP close activities, expense management, financial systems, internal and external reporting. This role will also have oversight of the overall control environment and associated SOX reporting deliverables, preparation of financial statements, and all external regulatory reporting requirements and responses to the PRA and other regulators.
Some of the key responsibilities include:
- In conjunction with Functional reporting areas, produce quarterly trial balance submissions and related contributions to external reporting, ensuring compliance with US GAAP and all financial SEC requirements.
- Build partnerships with Finance leadership team, including international CFOs, Controllers, reinsurance operations, FP&A, investor relations and business leads.
- Serve as a trusted liaison in problem solving and issue resolution, as well as facilitating seamless communication between functional teams, regional teams and Finance.
- Analyze financial results and provide quarterly analytics to senior management and external auditors.
- Continually transform and improve processes to reduce cycle time and improve accuracy.
- Support systems and process implementations in and other transformation initiatives.
- Provide leadership and insight to key financial reporting standard implementations, such as LDTI, IFRS 17 and IFRS 9.
- Design and ensure operation of internal controls around the financial reporting processes.
- Assess and maintain a target operating model for Controllership function.
- Prepare and present financial results and statements to the UK Board and Executive Committees.
- Support the UK CFO, representing Finance on the Executive Leadership team and other forums as required
- Manage relationship with Chair of the Audit Committee and accountable for associated finance related reporting and governance requirements
- Embed and manage rigorous Finance related SLA’s and Operating Metrics with the Offshore Service Centre, and manage key relationships
- Key Finance representative on Committees and non-insurance entity Boards.
- Prepare annual audited financial statements for International Holding Company under the Swiss Code of Obligations, ensuring that audited financial statements are approved timely in accordance with Swiss law.
What we’re looking for:
- Qualified CPA/ ACA or equivalent with a proven track record in a leadership role within the insurance industry.
- Strong operational experience with US GAAP.
- Demonstrated strong business and financial acumen as well as advanced change management and project management skills.
- Demonstrated past success at creating or significantly upgrading a Controllership function and instilling a culture of continuous process improvement.
- Highly influential and able to flex leadership style according to the situation.
- Extensive experience of effective stakeholder management, including board committees and regulators.
- Excellent written and verbal communication skills, including presentation development and delivery.
- Aptitude to multitask, handling multiple projects simultaneously.
#LI-AIG
A look at our Benefits
We’re proud to offer a range of employee benefits and resources that help you protect what matters most – your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our “Giving Back” program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues’ development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . Reasonable accommodations will be determined on a case-by-case basis.
Functional Area: FA – Finance
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd
Expected salary:
Location: London
Job date: Sun, 05 Nov 2023 03:20:55 GMT
