AIG

Audit Manager I, Information Technology

Posted on: 11 Feb 2021

Houston, TX

Job Description

About AIG

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.

About the Business

AIGs 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 AIGs control environment including risk management, operational, financial, internal control, and governance processes.

What we are looking for:

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 IAGs mission of being an industry leading internal audit team and key contributor to the achievement of the firms 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.

Position Responsibilities:

As an Audit Manager, you will be part of IAGs Information Technology team supporting the Life & Retirement businesses in the Houston, TX office. You will have an exciting opportunity to learn about AIGs products and services and enhance your knowledge and skillsets as you participate in audit projects across multiple businesses and functions within Life & Retirement and AIG Information Technology.

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 the applications and supporting infrastructure of AIGs businesses 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)

Additional 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 IAGs 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 managements 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%

Qualifications

3-5 years of relevant industry experience and/or general audit experience, including managing others

Bachelors or Masters Degree, Computer Science or Information Systems degree preferred

A certified professional designation (e.g. CIA, CPA, CISA, CRISC, CISSP) is preferred

Familiarity with applicable industry applicable laws and regulations

'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

Experience with auditing leveraging the use of data analysis tools is a plus (e.g. MS Excel tools, Access, ACL, IDEA, Qlikview, Tableau etc.)

Experience working in the financial services/insurance industries a plus

A look at our benefits

At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. Were 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, the Giving Back program allows you to take up to 16 hours a year to volunteer in your community.

We also believe in fostering our employees development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees 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

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:

IA - Internal Audit

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.

AIG

New York, New York

American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. The company’s General Insurance segment offers general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, crop, and marine insurance.

It also provides professional liability insurance products for a range of businesses and risks, including directors and officer’s liability, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, voluntary and sponsor-paid personal accident, and supplemental health products; extended warranty insurance products; and travel insurance products.

Its Life and Retirement segment offers variable annuities, fixed index and fixed annuities, and retail mutual funds; group mutual funds, fixed annuities, and variable annuities, as well as individual annuity and investment products, and financial planning and advisory services; and term life and universal life insurance. This segment also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, wirehouses, and broker-dealers. The company’s Legacy Portfolio segment offers legacy insurance products. American International Group, Inc. was founded in 1919 and is headquartered in New York, New York.

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