Associate Audit Director
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.
Internal Audit Group
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.
As an Associate Audit Director, you will be part of IAGs Financial and Operational audit team covering the Life and Retirement businesses in the Houston, TX office. You will collaborate with the Life & Retirement (L&R) business stakeholders, IAG and other assurance teams to:
* Lead the development of a portfolio of L&R audits to ensure that audit projects and stakeholders focus on key risks and controls
* Partner with the business to identify and analyze the inherent risks in AIGs L&R functions and the controls that management has implemented to mitigate their risks
* Educate stakeholders on the IAG process and work to improve the overall audit experience
* 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)
What we are looking for:
IAG is seeking a highly-engaged and experienced audit professional, or someone with equivalent industry experience, with strong technical and interpersonal competencies and people management skills 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.
Specific Responsibilities
* Assist IAG senior management 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 audit engagements.
* Manage a team of audit professionals and execute, within a global team environment, all aspects of audit activities in accordance with IAGs Global Audit Methodology and professional standards
* Coordinate globally, influence and manage the execution of the L&R audit plan which includes risk and control evaluation, testing, audit report issuance, workpaper review, and follow-up and verification of issue closure
* Clearly and concisely communicate audit results or other key messages to a variety of constituents, including senior business and audit management, and regulators, and advise on emerging industry or regulatory topics/issues that may impact audit coverage
* Continuously update the L&R business risk and control environment assessments, including key risks and controls, through periodic client meetings, ad-hoc walk throughs, and data analytics
* Interact with regulators for regulatory examinations, status updates and other queries, as needed
* Provide guidance and direction for audit 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
* Some travel may be required
Qualifications
* 7+ years of relevant industry or audit experience
* Bachelors or Masters Degree
* A certified professional designation (e.g. CIA, CPA, CISA, CRISC, CISSP) is expected or must be obtained within the first 12 months of hire date
* Familiarity with applicable industry laws and regulations
* Supervisory / managerial experience, with strong people management skills to coach, motivate and lead a team of senior professionals
* Ability to develop successful coalitions within IAG and stakeholders by actively seeking the perspectives of others, focused listening, and sharing information and ideas
* Think independently and critically while pinpointing key risk areas based on expert knowledge, and articulates thoughts effectively to diverse audiences
* Thoughtful and decisive behavior in dealing with challenging situations
* Strong communication (oral and written), presentation, and project management skills
* Strategic thinker who possesses and promotes 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.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
Functional Area:
IA - Internal Audit
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Employee Services, Inc.
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.