Senior Risk Analyst

AIG Insurance

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profile Job Location:

Singapore - Singapore

profile Monthly Salary: Not Disclosed
Posted on: 5 hours ago
Vacancies: 1 Vacancy

Job Summary

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

Make your mark in Enterprise Risk Management

As well as helping customers to manage risks AIG faces a wide array of our own risks every day. The Enterprise Risk Management (ERM) team partners across the AIG organization to inform strategic decision-making and to facilitate rational risk-taking that drives profitable growth. ERM ensures we have the right tools processes and systems in place to identify measure and manage our risks. As an ERM colleague you can enhance your acumen by helping to shape and support our approach to risk.

How you will create an impact

As a Senior Risk Analyst you will support the Head of Risk to effectively deliver the risk management activities and to foster a strong risk culture across the business.

Key accountabilities will include (but are not limited to):

  • Assist in the maintenance of a robust risk management framework for AIG Singapore that is in line with Group-wide ERM policies as well as local regulatory expectations.
  • Contribute to the identification measurement management monitoring and reporting of AIG Singapores major risk categories.
  • Lead the preparations and facilitate the Annual Top Risks Workshop conducted with key stakeholders.
  • Lead the ongoing development of the Environmental Risk Management / Sustainability framework.
  • Lead the risk assessments and periodic reviews conducted for Outsourcing and Third-Party Arrangements.
  • Lead the roll out of ERM-related training programs to foster and sustain an effective risk culture and awareness level within the organization.
  • Lead the sessions with various stakeholders to develop and refresh the Risk and Control Self Assessments (RCSA).
  • As a senior member of the team represent ERM in key discussions to provide insights from risk management perspective.
  • Work closely with all departments to identify evaluate and monitor key and emerging risks that could impact AIG Singapores business operations and ensure that there are appropriate controls identified to manage these risks.
  • Support the risk assessments conducted to comply with MAS Guidelines on Individual Accountability and Conduct.
  • Oversight of the operational risk event in terms of collection quality review and reporting.
  • Maintenance of the risk reporting database and systems to administer RCSA control testing and loss events.
  • Facilitate the preparation and collation of risk reports and Key Risk Indicators (KRIs) for the quarterly Senior Managements Risk & Capital Committee meetings and for the Board Risk Management Committee meetings.
  • Collection and review of reports submitted to the Risk & Capital Committee for reporting.
  • Assist in producing AIG Singapores Risk Appetite Statements Own Risk and Solvency Assessment (ORSA) Report as well as other regulatory reporting when required.
  • Coordinate with Actuarial & Catastrophe Modelling teams to support the performance of stress testing and scenario modelling to meet MAS Industry Wide Stress Test requirements.
  • Perform risk assessments for business plan reviews product deep-dive major initiatives and business development and support any other adhoc ERM projects/initiatives.
  • Maintenance of the Risk Management Departments records.

What youll need to succeed

  • Education background in insurance or risk management is preferred.
  • Experience in insurance or financial services industry risk management or audit is preferred.
  • Familiar with MAS regulations for direct general insurers.
  • Excellent communication presentation and interpersonal skills.
  • Good team player with the attitude to excel.
  • High analytical ability and strong writing skills.
  • Ability to manage multiple projects with good attention to detail.
  • Proficiency in Microsoft Excel Word and PowerPoint is essential.
  • Good problem solving and stakeholder management skills.
  • Willing and able to continuously learn take ownership and adapt to a dynamic and fast changing environment.

#LI-RO1

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 whats 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 securityas well as your professional developmentto 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 worlds 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

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

Functional Area:

RK - Risk

AIG Asia Pacific Insurance Pte. Ltd.


Required Experience:

Senior IC

At AIG we are reimagining the way we help customers to manage risk. Join us as a Senior Risk Analyst to play your part in that transformation. Its an opportunity to grow your skills and experience as a valued member of the team.Make your mark in Enterprise Risk ManagementAs well as helping customers...
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Key Skills

  • ISO 27001
  • Operational Risk Management
  • Risk Management
  • FedRAMP
  • PCI
  • Risk Analysis
  • Visio
  • COBIT
  • NIST Standards
  • SOX
  • Information Security
  • ISO 27002