Head of Risk Malaysia and Thailand

About the Role The Head of Risk Malaysia and Thailand will maintain a robust risk management framework appropriate for the size, business mix and complexity of AIG Malaysia and Thailand, in line with AIG policies and regulatory expectations. You will oversee the risk management strategy across the region, support the Board of Directors and the CEO in protecting policyholders and managing the company’s risk profile, and contribute to a strong risk culture within a multinational organization. What You'll Do

• Responsible for the overall management and execution of the risk management strategy and activities.
• Maintain an effective risk management framework to identify, assess, manage, monitor and report all material risks that AIG Malaysia is exposed to.
• Facilitate quarterly management’s Risk and Capital Committee meetings.
• Engage with the regulator on a needs basis.
• Maintain AIG Malaysia’s Risk Appetite Statement, KRIs, Internal Capital Adequacy Assessment Process, top and emerging risks.
• Oversee the implementation of the Operational Risk Management (ORM) framework, including facilitating the Risk and Control Self-Assessment (RCSA) annual work plan, maintaining the Risk Event capture and reporting program, Key Risk Indicators, etc.
• Strengthen the risk culture to underpin the effectiveness of the overall risk management framework.
• Conduct risk reviews of material outsourcing, major initiatives and business development (e.g. new products, business plan).
• Ensure timely escalation of any risk matters to Malaysia and Thailand management, within the ERM function and to the Board as needed.
• Participate in and contribute to APAC and Global ERM/ORM initiatives.
• Designated Senior Officer accountable for overseeing climate-related risks and ensuring climate deliverables are met, in accordance with BNM expectations.
• Lead and develop the ERM team to build capability and succession.
• Define and monitor key measuring parameters for ERM initiatives and support local management in the risk process using qualitative and quantitative tools. What We're Looking For
• Experience preferably in a broad scope of Risk Management; or experience in general insurance industry operations.
• Minimum Bachelor’s degree. Partially or fully qualified in Actuarial, ERM, CFA or other related profession is an added advantage.
• Excellent communication skills in both oral and written English.
• Self-motivated and able to drive initiatives independently.
• Flexibility to work in a dynamic, multinational and challenging environment. Nice to Have
• Experience with climate-related risk management or knowledge of regulatory expectations (e.g., central bank climate risk guidelines) is a plus. Compensation & Benefits
• Total Rewards Program including health, wellbeing and financial security benefits, plus professional development opportunities.
• A culture that values inclusion, collaboration and in-person teamwork, with opportunities to work across the Asia-Pacific region.