What are the responsibilities and job description for the IT Expense Rep for AIGT position at Corebridge Financial?
Who we are
At Corebridge Financial, Action is Everything. We are a new company, but not a new business. Formerly AIG Life & Retirement, we are one of the largest and most established providers of retirement solutions and insurance products in the United States, with a long and proven track record of serving our clients. Every day, we proudly partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
Summary of the role
As a part of Corebridge Financials’ Centralized General Operating Expense & Functional Finance team within Finance, the IT Expense Analyst will work as part of the Corebridge IT Functional Finance Expense team. Functional Finance plays a critical role in developing functional financial plans and analyzing financial impacts of functional directives, including staffing and external expenditures. Primary functions will include analyzing and communicating financial impacts of key functional directives to senior finance and business stakeholders, budgeting and governing functional spend working closely with functional leaders and delivering regular management reporting to promote expense discipline. The IT Expense Analyst is also involved in the preparation, analysis, and presentation of monthly and quarterly actual and forecast reporting for expenses related to Corebridge IT Financials. This position will report to the Head of IT Expense Management.
Responsibilities
- Responsible for Infrastructure rate card filed with NYDFS
- Continually improve metrics and reporting for end user and application-based charges
- Timely submission of chargeback and IT True-Up entries pursuant to Accounting close calendar
- Supporting documentation for chargeback management reporting (aka Bill of IT)
- Initial port of contact for chargeback inquiries
- Monthly running of IT chargeback and billing of ~$400M
- Monthly three-way reconciliation of net GOE to chargeback to recoveries
- Provide budget and forecast chargeback to each legal entity to provide and entry into each BU budget submission
- Submit legacy LR chargeback submission
- Provide regular reporting and analysis for functional financial drivers across a range of metrics
- Provide analytical insight and in-depth analysis of on-going operations for functional leaders related to functional expenditure
- Develop BPC and other reports to aid in analyzing key trends and variances
- Prepare, analyze, and present critical recurring reporting, including the annual budgets and monthly forecasts
- Validate financial impact of initiatives and track delivery of value creation to commitments Engage closely with Corebridge Executive Leadership Team and Finance Leadership team, providing finance reports and updates against financial impacts
- Centrally oversee financial analysis and reporting provided by Accenture resources, serving as a critical stakeholder in the partnership
Qualifications:
- Bachelor’s Degree in Finance or Accounting
- Demonstrated experience of budget and expense management
- Excellent Excel skills
- Demonstrable competency in strategic planning and business development
- Knowledge of IT/Finance infrastructure and systems, including SAP
- Strong customer orientation with the ability to build sustainable relationships
- Possess strong research, analytical and practical problem-solving skills
- Demonstrated flexibility and adaptability Excellent interpersonal communication and client engagement skills – Able to work effectively and communicate with all levels of an organization, including executive management
- Aptitude in decision-making and problem solving; comfort and experience in managing ambiguity
- Strong attention to detail and accuracy along with excellent documentation skills
- Ability to work well in a team environment
- Commitment to achieving results for stakeholders
What our employees like most about working for Corebridge Financial
- We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
- Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial, will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay.
Benefits
- Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 paid holidays per calendar year.
- A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.
We are an Equal Opportunity Employer
Corebridge Financial, 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 Corebridge Financial, 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:
www.corebridgefinancial.com
Corebridge Financial 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
TalentandInclusion@corebridgefinancial.com
. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
FA - Finance
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company
