Head of Global Capital

Head of Global Capital

Reporting to the Global Treasurer, Head of Corporate Development, our Head of Global Capital is responsible for leading AIG’s Global Capital team in complying with key company capital objectives. This is a highly visible role within Finance and Senior AIG Leadership that leads the development, review, and challenge of Global Capital Planning frameworks, assumptions, capital and financial forecasting and results analysis.

The role is located in our global headquarters office at 1271 Avenue of the Americas.

Responsibilities include:

• Lead insurance capital management strategy and activities, including capital optimization across U.S. statutory capital, Solvency II and other international capital frameworks; and implement tactical changes in order to address economic, regulatory and tax issues and carrying out financial, capital, and risk impact analysis

• Lead capital management process improvement for AIG’s capital calculation and reporting process, including developing and implementing changes needed to improve the efficiency and timeliness of capital calculation and reporting

• Maintain capital adequacy across all insurance companies and Implement dividend distributions from insurance subsidiaries to AIG, including special distributions from balance sheet entities

• Develop and implement new AIG capital and liquidity framework which includes implementing new stress testing framework, linking insurance company capital adequacy to parent liquidity and solutions to extract excess capital

• Lead aggregation of financial and other data across the business and package the information into clear, concise, and easy-to-understand presentations to help Management and the Board stay informed and approve key decisions.

• Aggregates data across the business and packages the information into clear, concise, and easy-to-understand presentations to help senior management and the Board stay informed and approve key decisions.

Position Requirements:

• Bachelor’s degree in Accounting/Finance

• Minimum 10 years' professional experience in the financial services industry and insurance capital management and analysis required;

• Proven superior analytical skills and in-depth knowledge of financial and insurance risk modeling

• Demonstrated professional success in corporate finance, treasury and / or risk management

• Strong written and verbal communication skills, along with the ability to effectively present to both small and large groups

• Must be able to multitask, have excellent organizational skills, along with problem solving

• A high level of self-initiative to deliver quality results and manage multiple work streams

• Demonstrated ability to effectively manage and develop teams

• Demonstrated ability to handle and prioritize multiple assignments, meet deadlines and work under pressure

• Track record of leading and collaborating with groups that bring diverse perspectives

• Demonstrated professionalism in handling confidential and sensitive information

For positions based in New York, the base salary range is $230,000-$290,000. 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: US Benefits.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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].