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AIG Senior Director, Commercial Real Estate in New York, New York

Join us as a Head of Commercial Mortgages Loans & Real Estate Equity Investments to take your career to the next level with a global market leader.

This is a global role within our growing CIO team where you will have the ability to really shape AIG’s commercial real estate investment strategy.

How you will create an impact

In this newly created role, you will be the subject matter expert for commercial mortgage loans and real estate equity, and have the following responsibilities:

  • Support market monitoring and invested asset surveillance for each of the main asset classes managed on behalf of the AIG insurance companies by external managers and also support the AIG CIO in specific projects

  • Oversee all investment activity in your designated asset classes

  • Advise the CIO team on current and future allocation levels given changing market conditions and risk appetite

  • Liaise with the external managers and co-ordinate all aspects of risk management, loss allowance calculations and other required reporting

  • Collaborate with the AIG CIO team and third-party investment managers to evaluate emerging credit or risk issues across the portfolio

  • Advise the CIO team on external manager selection market opportunities, relative value and issuance/redemption activity in the asset class, including advising on the annual investment plan and strategic asset allocation

  • Be the primary point of contact with the external manager in the asset class, including managing relationships and driving effectiveness

  • Develop regular reporting, meeting cadence and other processes with all external managers in the asset class.

  • Produce materials as needed and present to various AIG governing committees including local and global Investment Committees and senior management.

  • Assist in manager selection and establish formal manager oversight processes.

  • Develop and maintain AIG Asset Class Frameworks.

  • Utilize AIG platforms (including Aladdin where relevant) to aggregate data and perform internal analysis as needed.

  • Attend investment manager meetings and industry conferences, as appropriate.

  • Co-ordinate with the external managers to provide the agreed reporting with data to be used by CIOs, ERM, Investment Accounting and any other AIG departments as needed.

  • Evaluate any bespoke transactions that are presented to an AIG insurance company by an external manager.

What you’ll need to succeed

  • Extensive experience in investment management or insurance asset management, with a focus on commercial real estate investments

  • Experience of managing the overall portfolio of commercial properties on behalf of large multinational organisations

  • Strong knowledge of risk frameworks, and credit, liquidity and capital constraints of regulated insurance companies

  • Exceptional communication skills with the ability to infuse the internal investment process with new ideas.

  • Experience with Aladdin desirable

  • Ability to multi-task across a wide number of activities and multiple, tight deadlines.

    For positions based in New York, New York the base salary range is $220,000-$275,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here: 2024 Benefits Overview (https://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New_Hire_Benefits_Overview_202.pdf)

#LI-AIG

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 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:

IN - Investment

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.

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