Senior Internal Auditor, Core+

AIG; City of Melbourne; On-site; AUD 120,000 - 160,000; Full time

Job summary

AIG Australia is seeking a Senior Internal Auditor to support the Regulatory Remediation Program across Australia. You will deliver independent assurance, conduct risk-based audits, and contribute to continuous monitoring as part of the General Insurance International audit team.

You'll work with senior stakeholders to assess governance, risk management, and controls, validating remediation effectiveness and sustainability while aiming to enhance the overall control environment for regulators,

Qualifications

• Demonstrated internal audit capability with risk-based auditing, issue validation, and remediation assessment.
• Experience in insurance/financial services with governance, risk management, and control expectations.
• Ability to apply professional scepticism, sound judgement and curiosity to complex issues.
• Experience assessing remediation programs and validating management action plans is highly regarded.

Responsibilities

• Deliver high-quality internal audit work in line with AIG's Global Audit Methodology and regulatory expectations.
• Support audit coverage across Australia by assessing governance, risk management and internal controls.
• Plan, scope and execute risk-based audit activities with walkthroughs, testing, evidence review, and remediation verification.
• Support assurance activities related to APRA, ASIC and other regulatory requirements, including remediation effectiveness.
• Identify root causes and control gaps, and develop clear; well-supported findings for management action.
• Prepare concise audit Deliverables (issue papers, reports, narratives, testing summaries) and updates.
• Engage with senior stakeholders while maintaining independence and building constructive relationships.
• Use data analytics to strengthen audit planning, testing, and continuous monitoring.

Skills

Internal audit

Regulatory remediation

Risk-based auditing

Stakeholder engagement

Job description

#LI-JC1

Join us as a Senior Internal Auditor and play a key role in supporting AIG Australia's Regulatory Remediation Program through the delivery of independent assurance, risk-based audits, and continuous monitoring activities 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. IA assists AIG in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of its control environment, including risk management, operational, financial, internal control, and governance processes.

As a Senior Internal Auditor, Internal Audit Group, Australia, you will be part of the General Insurance International audit team at an exciting time, supporting audit engagements and continuous monitoring activities across Australia. This role forms part of AIG Australia's Regulatory Remediation Program and has been established to support enhanced Line 3 assurance activities across Australia.

The role will help deliver assurance over regulatory commitments, remediation activities, governance improvements, and risk management practices in support of AIG Australia's obligations to regulators, the Board, and executive management.

This is a 12-month fixed-term contract with the potential for extension, subject to business requirements.

How you will create an impact

As a Senior Internal Auditor, you will be part of AIG's independent Line 3 Internal Audit function, providing objective assurance over governance, risk management, and internal controls. The role will support assurance activities across Australia, helping management, the Board, and regulators gain confidence that key risks are appropriately managed and remediation activities are operating effectively and sustainably.

Initially, the role will focus on providing assurance support across priority Australia audit activities, including regulatory remediation-related reviews. Over time, the role will support the delivery of the broader Internal Audit Plan and associated continuous monitoring activities, working closely with business leaders, Risk, Compliance, Legal, HR, regional, and global stakeholders.

Key accountabilities include, but are not limited to:

• Deliver high-quality internal audit work in accordance with AIG's Global Audit Methodology, professional standards, and applicable regulatory expectations.
• Support audit coverage across Australia by assessing governance, risk management, internal controls, issue remediation, and sustainability of outcomes.
• Plan, scope, and execute risk-based audit activities, including walkthroughs, control testing, evidence review, issue validation, remediation assessment, and closure verification.
• Support assurance activities associated with APRA, ASIC, and other applicable regulatory requirements, including validation of remediation effectiveness and sustainability where required.
• Identify root causes, control gaps, emerging risks, and opportunities for improvement, and develop clear, well-supported findings that drive practical and sustainable management action.
• Prepare concise, insight-led audit deliverables, including issue papers, audit reports, process narratives, testing summaries, and stakeholder updates.
• Engage effectively with senior stakeholders across business, risk, compliance, legal, HR, and control functions, maintaining independence while building constructive working relationships.
• Use data, analytics, and business insight to strengthen audit planning, testing, issue identification, and continuous monitoring activities.
• Monitor and assess management action plans and support validation of remediation activities to determine whether underlying risks have been effectively addressed.
• Take ownership of assigned work, manage competing priorities, and contribute to continuous improvement across Internal Audit processes, methodologies, and ways of working.
• Remain current on regulatory developments and emerging risks impacting the insurance industry and incorporate these considerations into audit activities where appropriate.

What you'll need to succeed

• Demonstrated internal audit capability, with a sound understanding of risk-based auditing, control testing, issue validation, remediation assessment, and audit reporting.
• Experience within insurance, financial services, risk, audit, compliance, or other regulated environments, with an understanding of governance, risk management, and control expectations.
• Ability to apply professional scepticism, sound judgement, and curiosity to complex business issues, emerging risks, and remediation activities.
• Experience assessing remediation programs, validating management action plans, and evaluating the sustainability of control improvements would be highly regarded.
• Understanding of prudential and conduct regulatory frameworks applicable to the insurance indust