Compliance Officer - Controls Monitoring and Assurance

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

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

As a global multinational insurance corporation, AIG navigates an ever-changing and complex legal and regulatory landscape that spans state, federal, and international lines. The Legal team is responsible for providing advice and counsel to our business and functional clients across the company. Our legal professionals help the company avoid legal exposure, while ensuring compliance with local laws and regulations in the countries where AIG operates. Company attorneys also complete innovative deals and help shape the development of cutting-edge insurance products.

About the role

This newly created role, which will lead the compliance monitoring, assurance and remediation activities across AIG Australia and New Zealand. You will provide support to the Chief Compliance Officer (CCO), Australasia to ensure that the regulatory requirements of AIG Australia and AIG New Zealand are understood and are met through the implementation, monitoring and assurance of AIG's compliance related frameworks and policies.

What you need to know:

At the direction of the CCO, oversee, manage, or otherwise support the following tasks:

• Lead, support and champion the implementation of a fit for purpose local compliance management tool/system
• Develop a controls monitoring and assurance program
• Implementation of the controls monitoring and assurance program, including undertaking monitoring, oversight and assurance activities
• Report on monitoring and assurance activities to Management and Board Committees
• Provide advice and support to stakeholders on the implementation of solutions required to better manage compliance risk and control issues identified in the monitoring and assurance program
• Partner with stakeholders on all compliance risk and control matters
• Provide compliance advice in the assessment, root cause analysis and remediation of compliance breaches and incidents
• Contribute to the implementation and on-going management of the localised compliance management framework for Australia and New Zealand in conjunction with global compliance requirements we manage being part of a global business
• Promote a strong compliance risk culture
• Support continuous education and improvement initiatives within the Compliance function and broader business
• Other relevant duties as they arise

What we're looking for:

• More than 5 years of relevant experience undertaking controls monitoring and assurance activities in a compliance function within financial services, preferably insurance
• Approachable, self-starter, problem-solver with the ability to challenge respectfully
• Exceptional communication and interpersonal skills, with the presence and ability to interact and build credibility across all levels of staff
• Understanding of key insurance legislation and regulatory obligations
• Excellent interpersonal skills, strong presence and articulate when dealing with stakeholders
• Ability to drive outcomes, a self-starter with initiative and an ability to problem solve
• A professional educational background; preferably legal or audit qualifications

We are an Equal Opportunity Employer

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.

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.

Functional Area:
CP - Compliance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Australia Limited