What you need to know: The Risk Officer DACH and ERM Partner leads the risk function within the DACH cluster (Germany, Switzerland, and Austria) region and is responsible for coordinating and executing the independent risk management oversight plan over the target countries and for ensuring the implementation of a robust risk management framework in line with the European policies and the expectations of local regulators. As a Partner the officer maintain the relationship with EMEA regional business stakeholders not losing its independence providing context and connectivity for managing risk while supporting problem solving. How you will create an impact: As Cluster Officer (f/m/x): + Ensure business operations maintain a risk management framework and governance system aligned to AIG’s risk policies in meeting the expectations of internal and external stakeholders, including applicable regulators. + Act as a partner to the business and service units providing insight and assurance thru continuously enhancing the risk management framework to make it more effective and efficient and proportional to the risks. + Support the management in understanding the overall risk landscape affecting the business and develop processes to ensure operations are managed optimally within the risk appetite including, but not limited to, supporting the effective running of projects and transformation activities, active management of crisis situations and collaboration with the business and the other lines of defense functions to identify, measure, monitor and manage all relevant risks. + Adapt and prioritize the ERM risk management plan by providing required input from countries and aligning with EMEA ERM. + Regularly assess relevant risk MI including risk issue and risk event reporting, to ensure ERM and relevant committees are kept appraised of changes in the profile of all risks and in particular any risks which are near or in excess of their appetite. + Ensure regular reporting on the risk profile to the relevant stakeholders and governing bodies. + Support the ORSA activities and drive strategy and business plan risk review assessments, ensure that risk assessments and risk and control self-assessment processes are carried out and deliver high quality results for the business / functions as applicable. + Facilitate the development and implementation of risk registers, Key Risk Indicators and risk-sensitive management information, maintain trace and monitor items as required including those items logged in risk registers. + Manage an effective, embedded risk event management process and provide training to the business stakeholders, drive the development of a risk culture to proactively mitigate risks, escalate issues in a timely manner and facilitate the identification of risk acceptances aligned to the company’s risk appetite. + Maintain a network of risk champions aligned to the countries and functions. + Support the Swiss branch in its dealing with FINMA requirements regarding ERM. And as the ERM Partner (f/m/x): + Focusing on business strategies and opportunities within the segment through engagement with regional stakeholders + Defining risk management plans in alignment with their segment stakeholders and coordinate the cascading of relevant activities, analyses and assessments (including specific targeted deep dives) and needs to cluster Risk Officers; + Supporting ERM’s centralized resource planning and deployment to ensure service continuity to all segments; + Serving as the 'go-to' point of contact for the segment in coordination with the local risk officers within each cluster; + Providing deep knowledge and acting as a partner for the respective segment to ensure optimal level of ERM support; + Providing a consolidated risk profile of the segment at an EMEA level as needed; + Identifying areas for enhancement and support in providing insights on risks and identifying alignment and optimization opportunities across the various EMEA clusters; + Being involved in strategic initiatives, including but not limited to development of new products, segments, client analysis which involve any aspects of risk identification and measurement; + Serve as an adviser providing complementary skills-set to risk for challenge and reviews across the region; + Communicate and engage with regulators, external auditors, group experts, and the relevant committees on risk topics as and when requested. What you’ll need to succeed: + Team player, good people skills, strong, disciplined, pro-active, self-starter, energetic, focused, hard-working. + University graduate with relevant experience in risk management, actuarial science or quantitative risk management for general insurance – actuarial qualification or equivalent is desirable. + Understanding of European Solvency II and other related regulatory regimes (e.g. Russia, Israel, UAE, South Africa) + Demonstrable experience in a similar Risk Management role within the Financial Services Sector. + Ability to break down cross border views (GAAP/Statutory, Issuing Office/Production Office) + Fluency in English (written and spoken) and German is essential. Other European languages are an advantage. + Ability to develop relationships, interface and negotiate with a variety of outside contacts. Critical abilities include judgment, creativity, flexibility and initiative to analyze and guide corporate projects from a legal viewpoint. + Feel comfortable and be flexible in a dynamic business environment and change management situations. + Willingness to travel to company branches and subsidiaries is necessary. + Entrepreneurial, demonstrating strong drive and keen business mind. + Effectively and work well with a vast range of individuals across varying cultures, ethnicity, orientation, and background. + Critical Thinker, Strong Analytical skills, tenacious, concise, and probing. Why we are the best choice: If you want to expand and deepen your knowledge and experience, you've come to the right place. We offer you a variety of tasks in a dynamic and international environment.If you would like to be part of our team, we look forward to receiving your application.If you have any questions, please contact Hanna Gamper - Talent Acquisition on +49 (0) 69 97113 234. #LI-AIG 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 belonging 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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 candidatecare@aig.com . Functional Area: RK - Risk Estimated Travel Percentage (%): Up to 25% Relocation Provided: No AIG Europe S.A. (Germany branch)