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Operations Risk & Control Manager, Pacific

AIG

Melbourne, Australia
Full-time
Posted Sep 25, 2025
Full-time

Compensation

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About the role

Join us as an Operations Risk & Control Manager to play your part in reimagining the way we help customers to manage risk.

Responsibilities

  • Design, implement, and maintain a robust controls assurance framework across all business lines and functions.
  • Oversee the identification, assessment, and testing of key controls to ensure effectiveness and compliance.
  • Lead periodic control assessments and coordinate remediation efforts for identified gaps or deficiencies.
  • Develop and maintain control documentation, including policies, procedures, and testing protocols.
  • Participate in process design activities with a control lens to ensure business risks are identified and mitigated.
  • Lead discussions business controls with Risk, Compliance, Internal Audit and external regulators during assessments and examinations.
  • Lead in-country business resiliency activities and reporting under guidance of the global resiliency program.
  • Lead the third-party governance program covering risk assessment, ongoing monitoring, control validation, and reporting.
  • Maintain third-party inventory and assessments in coordination with the global framework, aligning on shared assurance activities across global and regional third parties.
  • Ensure compliance with regulatory requirements related to third-party oversight and due diligence.
  • Coordinate with procurement, legal, business units, and risk teams to implement consistent third-party governance standards.
  • Oversee the local customer complaints program ensuring timely, fair, and compliant resolution of customer disputes.
  • Monitor metrics to track complaint trends, root causes, and resolution effectiveness.
  • Recommend process improvements to reduce complaint volumes and enhance customer satisfaction.
  • Design processes and control for compliance with regulatory reporting and consumer protection regulations.
  • Partner with business, operations, and legal teams to address systemic issues identified through complaints analysis.

Requirements

  • Bachelor’s degree in business, finance, risk management, or related field
  • Extensive experience in risk management, controls, or related regulatory function
  • Proven leadership experience managing teams and multiple programs
  • Demonstrated insurance knowledge, including understanding of end-to-end transaction lifecycles for underwriting, claims, reinsurance, actuarial, and distribution processes
  • Experience with risk assessment and control design principles and practical assessment of data to drive business improvement
  • Experience interacting with Senior Management to understand and assess business challenges and provide solution recommendations
  • Understanding of local regulatory compliance and reporting requirements
  • Strong organizational skills, with the ability to prioritize and manage multiple deliverables with competing deadlines
  • Excellent analytical and problem-solving skills
  • Strong communication skills, with the ability to interact with senior leaders across functions and products

Benefits

  • 401k matching
  • Health insurance
  • Flight privileges
  • Total Rewards Program

About the Company

AIG is a global leader in commercial and personal insurance solutions operating in over 70 countries and jurisdictions.

Job Details

Salary Range

Salary not disclosed

Location

Melbourne, Australia

Employment Type

Full-time

Original Posting

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