Risk Manager at AIG

#LI- AIG

Risk Manager

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Risk Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

How you will create an impact

Support the CRO in maintaining an effective risk management framework to identify, assess, manage, monitor and report all material risks that AIG entities in GCC NA are exposed to.
Ensure alignment of risk management framework with regulatory requirements applicable to the AIG entities in the GCC NA cluster and support with regulatory risk reporting including ORSA.
Play an active role in strengthening the risk culture to underpin the effectiveness of the overall risk management framework.
Perform annual updates to the Risk Appetite Statement, Risk Management Strategy and Risk Register
Support the local risk management governance structure and facilitate the quarterly Risk and Capital Committee meetings
Collaborate with internal stakeholders to assess and enhance the effectiveness of internal controls and governance structures.

Utilize risk analysis tools and models to evaluate the potential impact of various risk scenarios.
Support in the execution of Risk and Control Self-Assessment (RCSA), deep dives and other assessment as per the annual work plan.

What you’ll need to succeed

Qualifications & Education:

Bachelors Degree in Finance/ Economics/ Risk Management/ Actuarial/ Business or a related discipline

Certification in Insurance/ Risk Management/ Financial management preferred

Experience:

Practical experience in insurance or insurance related risk environment with exposure to risk management and internal controls

Training:

Experience in risk management in an insurance company.

Knowledge:

Knowledge of risk management practices and applicable regulatory requirements in the UAE.

Communication and Working Relationships

Internal

Senior Management: Support management in meeting their responsibilities in respect to management of the risk profile of the business.

EMEA ERM Team: Work closely with EMEA ERM team and risk specialists on deliverables and cross border initiatives.

External

Regulators, Rating Agencies, Reinsurers: Provide assurance on the adequacy of the risk management control environment (financial and operational risk); support Regulatory developments around risk management and solvency.

Key Competencies

Dealing with ambiguity
Drive for results
Ability to understand criticality and priorities
Business Acumen
Problem Solving
Communication Skills
Analytical Skills
Strategic orientation
Insurance industry knowledge
Strong understanding of insurance financial reporting and capital management
Investment and Insurance risk understanding
Risk modelling/understanding of risk modelling

Ready to take your career to the next level? We would love to hear from you.

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 candidatecare@aig.com.

Functional Area:

RK - Risk

AIG MEA Limited