LAC at AIG

London, England, United Kingdom

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, InsuranceIndustries

Requirements

Significant experience in technology risk, control and governance disciplines within Financial Services
In depth knowledge of DORA and GBPR
Strong problem solving skills with the ability to draw conclusions, make decisions and use data to solve problems
Understanding of IT Risk principles and best practices
Experience of overseeing multiple processes, action plans and key stakeholders simultaneously
Strong stakeholder management skills with experience of raising awareness of issues to key stakeholders across IT
Strong presentation skills with the ability to present at board level
Excellent written and verbal communication skills
Able to negotiate prioritisation and treatment of risk issues
Preferably possess IT compliance or security related certifications (CRISC, CGEIT, CISM or CISSP)

Responsibilities

When a new or updated regulation is identified, conduct a regulatory assessment to assess compliance with the regulation and identify gaps
Draft action plans to address any gaps and establish ownership to remediate the gaps, also ensuring they address the root cause of the issues
Obtain approval of the plans by senior leadership and the owners of the action plans
Monitor action plans, understanding where there are significant issues, and what can be done to address these issues, escalating as appropriate
Manage technology regulatory inquiries and requests for information technology and cyber (coordination, data collection, status reporting)
Partner with IT and the global TRC team to assess compliance against key controls

Skills

DORA

Technology Risk

IT Controls

Governance

Regulatory Compliance

Cyber Security

Risk Assessment

Action Plan Management

Regulatory Inquiries

Compliance Monitoring

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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