Director, Enterprise Risk Management

Company: American International Group
Location: Farmington
Posted on: March 13, 2023

Job Description:

Director, Enterprise Risk Management page is loaded Director, Enterprise Risk Management Apply locations CT-Farmington time type Full time posted on Posted Yesterday job requisition id JR2300379 Who we are Who we are American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks. We're also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.OverviewAs part of AIG's General Insurance Enterprise Risk Management (ERM) team, the Director, ERM will lead our Business Risk Self-Assessment ("BRSA") process to enhance risk management effectiveness across North America's Financial Lines and provide support for Global Casualty Lines as needed. The Director, ERM will advance the identification, assessment, monitoring, and reporting on key risks and track risk management action activities. -Key responsibilities include:

• Lead AIG's BRSA Process for North America Financial Lines and support the implementation of the framework across International. Provide support for Global Casualty as necessary.
• Drive the effective identification of key risks and the development of risk reporting and other management information for increasing transparency and proactive management of key risks within the business units.
• Strengthen risk management culture within the lines of business, ensuring proper balance between growth, profitability and risk.
• Provide a risk perspective and effective challenge to the strategies and budgets within the lines of business.
• Review the design and implementation of realistic disaster scenarios, risk limits and tolerances by the Chief Underwriting Office in accordance with AIG's Statement of Risk Appetite.
• Partner with Operational Risk and Technology Risk staff to facilitate the risk identification, assessment and action activities for operational risks.
• Prioritize and oversee risk reviews of business unit activities and formally monitor resulting action items. What We Are Looking For
  • Minimum of 10+ years of broad-based global P&C insurance industry experience is required, including knowledge of Financial Lines & Casualty insurance products and the associated risks.
  • Underwriting, Actuarial or Risk Management experience is required.
  • Demonstrated familiarity with risk models, aggregation tools and data investigation.
  • Demonstrated ability to perform independent research, problem-solving and clearly presenting results to a senior audience.
  • Understanding of capital and liquidity implications from a change in risk profile through economic, statutory and GAAP lenses.
  • Proven ability to influence in a complex matrix organization and gain commitment from colleagues particularly those with whom there is no reporting relationship.
  • Ability to work collaboratively with peers across interdisciplinary teams and geographic locations.
  • Good communicator, energetic, team player and capable of motivating and building consensus.
  • Ability to anticipate and effectively manage change.#LI-DG1 A look at our Benefits We're 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, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
    We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues 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 - American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. 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 such as sexual orientation. 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 AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com . Reasonable accommodations will be determined on a case-by-case basis. Functional Area: RK - RiskEstimated Travel Percentage (%): Up to 25%Relocation Provided: YesAIG PC Global Services, Inc. About Us American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services to customers in approximately 70 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.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.We're also committed to doing the right thing for our people and the communities where we work and live. It's why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.Join our -Talent Network - . Additional information about AIG can be found at -www.aig.com - -- -YouTube -- -Twitter -- -LinkedIn . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Keywords: American International Group, Farmington , Director, Enterprise Risk Management, Executive , Farmington, New Mexico