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Salary
$79k – $211k per year (Estimated)
Location
In office (Melbourne, Sydney)
Seniority
Senior
Employment
Full-Time
Overview
Company
Impact
Profile match

AIG

American International Group is an insurer founded in Shanghai in 1919 that grew into one of the largest financial institutions in the world before its near-collapse in 2008, when losses on credit default swaps written against mortgage securities forced the largest government rescue of a single company in American history. It has spent the years since dismantling that conglomerate, separating its life and retirement business as Corebridge and selling numerous units, and it now concentrates on commercial property and casualty insurance. Headquartered in New York, it is a considerably smaller and simpler company than the one that failed.

At AIG, we are reimagining the way we help customers to manage risk. Join us as an experienced Company Secretary and Corporate Counsel to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Legal

Our Global Legal, Compliance and Regulatory (GLCR) team provides first class advice to colleagues and functions across the organization - ensuring AIG navigates an ever-changing landscape that spans state, federal, and international lines. The team has a multi-dimensional impact, from helping avoid legal exposure to collaborating with other functions to develop cutting-edge new products.

How you will create an impact

AIG Australia’s legal team includes the secretariat function, and you will be part of a small and specialised team which provides end to end legal support for the business on all legal and regulatory matters affecting AIG Australia as well as the duties and responsibilities associated with the secretariat function.

In the role, you will be based in either Sydney or Melbourne and report to the Head of Legal (Pacific). You will work closely with the business across Australia and globally. In addition, the team forms part of the Pacific legal function so also helps support the legal needs of AIG New Zealand, where required. The team thrives on an energetic, pro-active and solution-focused legal services engagement model dedicated to achieving team and client outcomes.

The dual focus of the role requires support for the secretariat and governance functions of AIG Australia with an inherent flexibility to handle other legal tasks that may arise within AIG Australia’s business, including regulatory, product and distribution-related matters and other general legal tasks.

Key accountabilities will include:

  • Day to day management of the company secretariat function including accurately recording minutes of Board and Committee meetings, tracking of actions, maintenance of statutory registers and regulatory filings. Administration and enhancement of effective Board processes and good governance practices. Acting as a key point of contact between the Board, executive management and external stakeholders.
  • Product review and advice work comprising policy wordings, policy schedules and endorsements and advice and drafting of supporting distribution arrangements such as via binder agreements and other distribution agreements.
  • Advising on a variety of legal, secretariat and governance matters including compliance with insurance law and regulatory matters such as those arising under the Corporations Act, Insurance Contracts Act and relevant Regulatory Guides and APRA Prudential Standards.
  • Contribute to creating and enhancing internal legal and governance operational efficiencies and improvements.
  • Instructing and working closely with external counsel and engagement with regional and global AIG counterparts, where required.
  • Reviewing and providing sign off on collateral, communications, disclaimers and legal notices.

What you’ll need for the role

  • Demonstrated experience in a secretariat role, ideally with broader governance focus in financial services.
  • Knowledge and understanding of general insurance law and regulatory compliance, with proven post-qualified senior legal experience gained either in-house or in a law firm.
  • Excellent time management, organisational, written and verbal communication skills, capable of simplifying complex legal and regulatory requirements into actionable advice.
  • Strong attention to detail, sound judgment and problem-solving skills.
  • Ability to build relationships and work with a range of range of (internal and external) stakeholders.
  • Ability to work collaboratively and independently and to deadlines.
  • A willingness to be involved in a variety of matters and an enthusiasm for working in a fast-paced environment.
  • Degree and/or Tertiary qualification in law with an Australian practicing certificate.
  • Ability to deal with confidential information appropriately and recognition of the importance of proper record-keeping.
  • Ability to keep abreast of changes in relevant legislation, regulation and caselaw and willingness to focus on and develop excellent drafting skills.

Solid understanding

  • General insurance concepts, laws and regulation including Chapter VII of the Corporations Act 2001 (Cth).
  • Prudential requirements applicable to general insurers, including but not limited to matters of governance
  • Contract law and Australian Privacy law including APPs

Ready to make a bigger impact? We look forward to reviewing your application.

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 what’s 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 security-as well as your professional development-to 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 world’s 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

We’re committed to creating a culture that truly respects and celebrates each other’s 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 AIG’s 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 [email protected].

Functional Area:

LG - Legal, Regulatory & Gov't AffairsAIG Australia Limited
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