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Salary
$64k – $143k 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.

Join us as a Senior Audit Manager and play a key leadership role in supporting AIG Australia's Regulatory Remediation Program and broader Internal Audit activities through the delivery of independent assurance, risk-based audit oversight, and stakeholder engagement across Australia.

Make your mark in Internal Audit Group

AIG's Internal Audit (IA) team provides independent and objective assurance, advice, and insight guided by a philosophy of adding value to improve AIG's operations. IAG assists AIG in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of AIG's control environment, including risk management, operational, financial, internal control, and governance processes.

As a Senior Audit Manager, you will be part of the General Insurance International audit team at an exciting time, supporting regulatory remediation activities while leading audit engagements and continuous monitoring activities across Australia and other countries where required.

This role forms part of AIG Australia's Regulatory Remediation Program and will play an important role in providing assurance over regulatory commitments, governance improvements, remediation activities, and risk management practices. The role will support AIG Australia's obligations to regulators, the Board, and executive management while contributing to the ongoing maturity of the Internal Audit function.

The Senior Audit Manager will report directly to the Head of Audit, APAC.

How you will create an impact

As a Senior Audit Manager, you will be a senior member of AIG's independent Line 3 Internal Audit function, providing objective assurance over governance, risk management, internal controls, and regulatory obligations. You will lead assurance activities across Australia and help management, the Board, and regulators gain confidence that significant risks are appropriately managed and remediation activities are operating effectively and sustainably.

The role will lead audit engagements across regulatory remediation programs, strategic initiatives, operational processes, and key risk areas while supporting the execution of the Internal Audit Plan. Working closely with senior business leaders, Board and Committee members, Risk, Compliance, Legal, HR, and regional and global stakeholders, you will provide valued insight and challenge to strengthen the control environment and enhance organisational resilience.

Key accountabilities include, but are not limited to:

  • Lead and deliver complex audit engagements in accordance with AIG's Global Audit Methodology, professional standards, and applicable regulatory expectations.
  • Develop risk-based audit strategies and assurance approaches that provide effective coverage of key business, operational, regulatory, and strategic risks.
  • Support the delivery of assurance over AIG Australia's Regulatory Remediation Program and other significant risk, governance, and transformation initiatives.
  • Assess governance, risk management, internal controls, issue remediation activities, and sustainability of management actions across Australia.
  • Oversee all phases of audit execution, including planning, scoping, fieldwork, stakeholder engagement, testing strategies, issue development, reporting, and validation activities.
  • Lead, coach, mentor, and develop audit team members, fostering a high-performance culture and supporting individual career development.
  • Provide independent challenge to senior management regarding risk management, control effectiveness, remediation progress, and governance practices.
  • Build and maintain effective relationships with executive management, Board and Audit Committee stakeholders, Risk, Compliance, Legal, HR, and external assurance providers.
  • Support Internal Audit's engagement with APRA, ASIC, and other applicable regulators, including assurance activities relating to regulatory remediation commitments where required.
  • Review and challenge management remediation plans, evaluating whether actions appropriately address root causes and sustainably mitigate underlying risks.
  • Leverage data analytics, industry insights, regulatory developments, and emerging risk indicators to enhance audit coverage, issue identification, and continuous monitoring activities.
  • Contribute to the development and execution of the Internal Audit Plan, ensuring audit coverage remains aligned to the evolving risk profile of the business.
  • Provide timely, concise, and insightful reporting to senior management, Audit Committees, and Internal Audit leadership.
  • Support Internal Audit strategic initiatives, quality improvement activities, innovation opportunities, and continuous enhancement of audit methodologies and practices.

What you'll need to succeed

  • Significant internal audit, external audit, risk management, compliance, or assurance experience within insurance, financial services, banking, superannuation, or other regulated industries.
  • Demonstrated experience leading complex audit engagements, managing stakeholder relationships, and delivering risk-based assurance programs.
  • Strong understanding of governance, risk management frameworks, internal controls, audit methodologies, and regulatory expectations.
  • Experience assessing remediation programs, validating management actions, and evaluating the effectiveness and sustainability of control improvements.
  • Strong knowledge of prudential and conduct regulatory frameworks applicable to the financial services industry, including APRA and ASIC.
  • Experience working within APRA-regulated entities and supporting assurance over regulatory remediation programs would be highly regarded.
  • Proven ability to influence and communicate effectively with executive management, Board members, Audit Committees, and senior stakeholders.
  • Ability to apply professional scepticism, sound judgement, and strategic thinking to complex business issues and emerging risks.
  • Strong analytical, problem-solving, project management, and organisational skills.
  • Excellent written, verbal, and presentation skills with the ability to communicate complex matters clearly and concisely.
  • Demonstrated capability to lead, coach, and develop teams within a professional audit environment.
  • Relevant tertiary qualifications in Accounting, Finance, Business, Risk Management, Law, or a related discipline.
  • Professional qualifications such as CIA, CA, CPA, CISA, CFE, ACCA, or equivalent are preferred.
  • Experience within general insurance, regulatory remediation programs, enterprise risk management, governance reviews, operational risk, conduct risk, or large-scale transformation initiatives will be highly regarded.
  • Applicants must have valid rights to work in Australia as employer sponsorship is not available for this position.

Ready to put your ideas into action?

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:

IA - Internal AuditAIG Australia Limited
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