Group Retirement Finance Lead - AIG (Texas)
The Group Retirement (GR) Finance team is responsible for managing all aspects of the finance value chain for the GR segment within AIG’s Life and Retirement business. This team works in close coordination with the GR actuarial team, FP&A, controllers and financial reporting teams, as well as the GR leadership team, to drive business outcomes.
The GR Finance Lead will have day-to-day accountability for managing the Finance team and will report to the GR CFO.
Key responsibilities of this position include:
+ Provide team leadership:
+ Coordinate day-to-day priorities of GR Finance team
+ Ensure timely deliverable of high-quality work product for internal management, with focus on actionable information
+ Identify areas for professional and personal development, including stretch assignments
+ Establish trusted relationship with business partners throughout GR organization
+ Drive expense discipline:
+ Develop expense benchmarks and related KPIs for managing the business
+ Coordinate with individual budget owners and preparers, review and challenge submissions, and prepare materials for executive review
+ Coordinate with Business Investments PMO and initiative leaders to develop and evaluate cost-benefit analyses, and hold the management team accountable to deliver on expected efficiencies
+ In coordination with Chief Distribution Office and VFA President, help drive more rigorous and transparent discussions around spend in the field; example activities might include helping to rationalize the real estate footprint, learning from the WFH experience to improve advisor efficiency, and evaluating alternative advisor models.
+ Provide timely and objective reporting on progress against plan, packaged for management and executive review
+ Oversee Internal Management Reporting
+ Continue to improve rigor and efficiency of sales, net flows, APTI and ROE forecasting
+ Enhance the analysis performed by the team including: ad hoc requests, earnings diversification initiatives, competitive / market strategic analysis, with a focus on timeliness and actionable information to drive improved business outcomes
+ Coordinate with controllers and FP&A team to regularly report on GR’s performance to internal and external stakeholders. Ensure that materials are concise and effectively communicate clear action items / storylines (e.g. the “so what” and “what’s next”)
+ Monitor and track GR’s performance against strategic goals outlined by leadership team
+ Coordinate finance activities for all VALIC companies:
+ Coordinate with VFA and L&R financial reporting teams to ensure VALIC consolidated and stand-alone financial statements are accurate, oversee capital structure and adequacy of all stand-alone entities and ensure appropriate expense / revenues sharing agreements are in place
Candidate Profile:
+ 15+ years of experience in finance or insurance, qualified CPA preferred. Broker dealer experience is a plus
+ Demonstrated strong business and financial acumen as well as advanced project management and problem-solving skills
+ Highly influential and able to flex leadership style according to the situation
+ Excellent oral and written communication skills, including presentation development and delivery
+ Aptitude to multitask, handling multiple projects simultaneously
+ Must be able to make decisions after considering alternatives
+ Strong team leader able to appropriately motivate team members and instil a culture of continuous process improvement
+ Collaborative working style a must
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. 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.
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: https://www.aig.com/about-us/diversity-equity-and-inclusion
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
FA - Finance
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: Yes
American General Life Insurance Company
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 products 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. AIG common stock is listed on the New York Stock Exchange.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (https://twitter.com/AIGinsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release..
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
* This article was originally published here
