Third Party Risk Management Senior Analyst

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.

Get to know the business

As an insurance industry leader, we're in the business of helping our clients manage risk. These can come from financial markets, operational errors and regulatory changes, which can affect our workforce, our profitability and more.

The Enterprise Risk Management (ERM) team is responsible for ensuring that our businesses have the right tools and systems in place to identify, measure and manage these risks. It also determines if AIG is paid sufficiently for the risks we take. The team plays a critical role in strategic decisions about where to expand or contract businesses, where to invest to collect premiums that are enough to cover future claims, and how much capital we need to reserve to weather unexpected events.

As an ERM employee, you will shape and support how AIG manages its risks. Your knowledge about the company's risks will shape the daily decision-making among AIG's businesses and functions, while informing our clients and the markets that we serve. ERM also encourages them to speak up when they spot something that fosters risk so that we can address it in a timely manner.

About the role

The Third-Party Risk Management (TPRM) team has specific requirements for Risk analyst supporting the global Third Party Risk Management function. The TPRM risk analyst will assist the organization in the identification, classification, measurement and monitoring of third party risks. In addition, this role will support key projects with strategic importance by working closely with the TPRM team, strategic sourcing, operational risk management, legal, compliance, business, and other functional partners. This role will also be responsible for providing Stakeholder training and leading awareness sessions highlighting key regulatory enhancements and updates to the assessment platform.

What you need to know:

• The risk analyst will be expected to support TPRM specific business solutions which will be beneficial across the organization.
• Support TPRM program monitoring responsibilities which include identifying, reporting and mitigating existing risk as well as any potential risk exposure.
• Develop reports for use by business areas and senior management regarding third-party risks.
• Identify and escalate key items of concern regarding new and existing current third -parties, including the potential of concentration risk and fourth-party risk exposures.
• Support the community of practice (CoP) that is cross functional for third and fourth party risk.

What we're looking for:

• 3+ years of related third-party risk management and sourcing experience within Insurance, Banking or Asset Management preferred.
• Bachelors' degree or equivalent work experience.
• Audit experience helpful.
• Data Analytics experience with Power BI, QlikView other other dashboard tools a plus.
• Excellent communication skills.
• Third-party risk technical knowledge.
• Project management and partnering skills.
• Ability to balance workload and manage multiple priorities.
• Knowledge of industry best practices.

Critical Skills:

• Team Mentality: Partnering effectively to execute on our common goals.
• Business Acumen: An understanding of the financial services industry to assist in sound business making decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Veterans are encouraged

#LI-LD1

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 [email protected]. Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

RK - Risk

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.