Senior Associate/Associate, Corporate Development

Associate / Senior
Associate, AIG Corporate Development

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.

Get to know the business

Within Finance, AIG’s Corporate Development team is responsible for the evaluation and execution of strategic transactions, including acquisitions, divestitures, joint ventures and minority investments.

About the role

The Corporate Development team is seeking an Associate / Senior Associate to support the evaluation and execution of strategic transactions. The ideal candidate will possess strong analytical and quantitative skills and the ability to present complex information in a manner that supports executive decision-making. Additionally, the candidate must demonstrate excellent organizational and communications skills and the ability to deliver a high-quality work product in a dynamic, fast-paced environment.

Associates / Senior Associates play an integral role on the Corporate Development team and while day-to-day responsibilities are diverse, core responsibilities include the below:

Responsibilities

• Draft memorandums and presentations for AIG’s senior management, Board of Directors and other key shareholders
• Perform ad hoc financial analysis in support of other strategic initiatives
• Support Integration and Separation Office in transitioning target businesses to future state model including tracking of post-signing deliverables and closing activities
• Mentor and train junior resources. Support development of scalable processes and best practices for the Corporate Development function
• Execute and oversee due diligence processes including liaising with business units and enterprise functions (e.g., legal, tax, finance, etc.)
• Monitor financial and operational performance of insurance peers and develop and maintain a deep understanding of emerging trends and industry dynamics
• Actively support all aspects of the M&A process
• Prepare financial models to evaluate strategic transactions; develop valuation analyses based on discounted cash flows, comparable companies and precedent transactions; evaluate pro forma financial impacts under various scenarios

What we’re looking for

• Demonstrated analytical and quantitative abilities with experience performing financial and valuation analysis
• Advanced proficiency with FactSet, S&P Capital IQ and/or Bloomberg 
• Extensive understanding of the M&A process and proven track record executing M&A transactions across the entire deal lifecycle
• Highly motivated, proactive, performance-driven and team-oriented
• Knowledge of the large cap, global, multiline property and casualty insurance industry
• A bachelor’s degree is required, with a major in finance or accounting preferred
• 2 plus years of M&A experience (corporate development, investment banking or private equity) with experience executing all aspects of M&A transactions; P&C transaction experience a plus
• Superior and executive-level communication skills (written, verbal and interpersonal), ability to communicate to all audience levels
• Organizational skills necessary to support / lead multiple projects under strict deadlines
• Advanced proficiency with Microsoft Office applications, particularly Excel and PowerPoint

• The base salary range for this position is $124,000 - $155,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

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: https://www.aig.com/about-us/diversity-equity-and-inclusion

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 [email protected].   Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

PA - Planning & Acquisitions

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.