Senior Audit Manager General Insurance
American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, 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.
AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Internal Audit Group
AIG’s Internal Audit Group (IAG) provides independent and objective assurance, advice, and insight; guided by a philosophy of adding value to improve the operations of AIG.
IAG assists AIG in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of AIG’s control environment;
including risk management, operational, financial, internal control, and governance processes.
As a Senior Audit Manager, you will be part of IAG’s General Insurance team based in Luxembourg office. You will have an exciting opportunity to learn about AIG’s products and services and enhance your knowledge and skillsets as you participate in audit projects across multiple businesses and functions including General Insurance, and Corporate Functions such as Enterprise Risk Management, Finance, Human Resources, Information Technology, and Legal, Compliance and Regulatory
You will collaborate with AIG business area and functional stakeholders, IAG and other assurance teams to :
Assist the audit teams in identifying and analyzing the inherent risks in AIG’s underwriting, claims, operations and the controls that management has implemented to mitigate their risks
Assist in the development of individual audits to ensure that audit projects and stakeholders focus on key risks and controls
Participate in the development and execution of a risk based audit plan and lead the full audit lifecycle (planning, testing of controls, and issue verification) for individual audit engagements
Collaborate across different global functional audit teams to provide for an integrated and coordinated approach to insurance risks and audit testing
Contribute to the overall effectiveness and value of IAG by recommending and developing innovative approaches and solutions (e.
g., the use of data analytics, automation, and Agile audit methodology)
IAG is seeking candidates who have excelled in previous work experience, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to AIG to contribute to IAG’s mission of being an industry leading internal audit team and key contributor to the achievement of the firm’s strategic goals.
We are looking for candidates that are proactive, continuously learn and introduce improved ways of doing things, both to business stakeholders in development of solutions to problems, IAG processes, including the use of data analytics.
The ideal candidates will be bold thinkers with an entrepreneurial bent, and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and emotional intelligence EQ (adaptive communication, empathy, listening skills, challenging with humility).
IAG also looks for diverse backgrounds of experience, culture and thought. Successful candidates typically have a global perspective and a record of successful teamwork.
You will be part of a large and diverse firm working within a team-oriented environment. You will gain a unique view of AIG, as part of planning and executing on all aspects of the audit process and risk assessment activities and will build close working relationships with business and functional leaders, colleagues across other assurance functions, and fellow team members.
Specific Responsibilities Include :
Ensure key risks and controls are properly identified, test procedures support the audit objectives, test procedures are completed in the budgeted timeframe and workpapers support the work performed and conclusions drawn in accordance with IAG’s Global Audit Methodology and professional standards for audit engagements
Perform data analysis to identify anomalies or issues in the testing of controls, partnering with the IAG data analytics team
Draft identified issues, audit reports, process narratives, and other documents to assist audit team with reporting and effectively discuss findings with business stakeholders
Work closely with the audit engagement teams to verify management’s corrective actions for audit issues within specified time frames by testing control design and operating effectiveness
Hold team accountable for meeting deliverables, quality assurance and methodology standards, including providing real-time feedback
Identify opportunities to enhance operational efficiency and effectiveness for areas under audit
Build and maintain strong working relationships internally as well as with the business
Provide guidance and direction for junior staff to develop business and audit knowledge, set clear expectations, provide timely and constructive feedback, encourage their career advancement, and set the tone by enthusiastically facilitating knowledge exchange / transfer
Ensure audit projects are delivered on time and project staff is utilized efficiently
Some travel may be required, up to 25%
What we are looking for :
several years significant internal audit experience or insurance industry experience (Candidates will also likely have trained in a large multinational, Insurance, Financial Services or Big 4 firm, including managing others)
A certified professional designation (e.g. ACA, CFA, ACCA, CIA, CPA, ..) is preferred
Language skills, English. Ideally, you'll also have to be fluent in French other such German are a plus
A solid understanding of the EU law requirements is an added advantage
Significant experience with auditing leveraging the use of data analysis tools is a plus (e.g. MS Excel tools, Access, ACL, IDEA, Qlikview, etc
Managerial courage' to effectively deliver difficult messages to staff members and determine appropriate reporting and escalation as needed
Ability to thrive within a team-oriented environment while focusing on what matters most
Good at cultivating relationships with stakeholders and within the IAG group, building trust that facilitates an open mindset and free exchange of information
Function independently and multi-task in a dynamic, changing environment
Strong leadership skills; attract and develop top talent
Strong communication (oral and written), presentation, and project management skills
Possess and promote a culture of intellectual curiosity
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.