A

AIA Group

Pan-Asian life insurance provider

Governance Principal

Full-TimeUpdated on 10/23/2026
No salary listed
Expert
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
In Person
Risk & ComplianceInternal Audit & Controls, Regulatory Compliance & Ethics

About the job

Requirements
  • Development, governance and management of effective enterprise solutions and outcomes.
  • Strong strategic, analytical, problem-solving and decision-making skills, with high attention to detail.
  • Proficiency in Microsoft Word, Excel and PowerPoint.
  • Knowledge of Power BI or another data analytics tool is an added advantage.
Responsibilities
  • Act as the primary governance lead for the Corporate Solutions Division (CSD), ensuring effective governance frameworks, policies, processes and controls are established, implemented and maintained.
  • Interpret, assess and translate regulatory developments, industry guidelines and Group requirements into actionable business requirements.
  • Lead implementation and operationalisation of new regulatory requirements, ensuring timely compliance across all impacted functions.
  • Provide strategic advice and guidance to teams and stakeholders on regulatory obligations, governance requirements and emerging compliance risks.
  • Drive governance awareness and foster a culture of accountability, ethical conduct and regulatory compliance throughout the division.
  • Review and strengthen governance processes to ensure alignment with local regulatory requirements, AIA Group standards and industry best practices.
  • Represent the division in governance, compliance and risk forums, committees and management meetings.
  • Oversee effective implementation and monitoring of compliance controls to mitigate regulatory and operational risks.
  • Partner with Compliance, Risk Management, Legal, Data Privacy and other control functions to ensure consistent application of policies and regulatory requirements.
  • Identify, assess, monitor and escalate key compliance and operational risks impacting the division.
  • Lead and coordinate risk assessments, compliance reviews, control testing, quality assurance activities and gap analysis exercises.
  • Monitor remediation activities and ensure timely closure of compliance issues, risk incidents and control deficiencies.
  • Oversee the division’s outsourcing governance framework, including annual outsourcing assessments and regulatory submissions relating to TPAs, APTBs, GI providers and other outsourced service providers.
  • Ensure compliance with Data Privacy requirements by working with relevant stakeholders to maintain robust data governance practices.
  • Provide oversight of departmental risk reporting, risk registers, control attestations and governance reporting to management and enterprise risk functions.
  • Lead internal and external audit engagements impacting the division, ensuring effective preparation, coordination and execution.
  • Serve as the key liaison between auditors and business stakeholders during audit reviews.
  • Establish mechanisms to monitor and track audit findings, management action plans and remediation activities to ensure timely closure.
  • Evaluate audit observations and identify opportunities to strengthen internal controls and governance practices.
  • Drive continuous improvement initiatives to enhance control effectiveness, risk management and regulatory compliance.
  • Oversee governance and compliance aspects of contractual arrangements, client agreements and business partnerships together with Legal.
  • Provide guidance to business stakeholders on legal and contractual governance requirements.
  • Ensure proper contract governance, record management and maintenance of agreement repositories.
  • Monitor contractual obligations, approval processes and review cycles to ensure regulatory and legal compliance.
  • Build and maintain relationships with internal and external stakeholders, including Compliance, Legal, Risk Management, Internal Audit, Data Privacy Office, regulators and AIA Group functions.
  • Coordinate and consolidate responses to regulatory consultations, reviews, surveys and thematic assessments.
  • Support regulatory engagements, inspections and information requests by ensuring timely and accurate submissions.
  • Facilitate communication of regulatory, governance and risk-related matters across the division.
  • Influence stakeholders at all levels to ensure accountability and ownership of governance, compliance and risk obligations.
  • Develop and present governance, compliance and risk dashboards, reports and insights to senior management and governance committees.
  • Monitor key risk indicators (KRIs), compliance metrics and governance outcomes to support informed decision-making.
  • Provide regular updates to divisional leadership on emerging regulatory developments, audit outcomes, risk exposures and compliance performance.
  • Ensure reporting is accurate, timely and aligned with management and regulatory expectations.
  • Lead governance, compliance and risk-related transformation initiatives across the division.
  • Manage cross-functional projects arising from regulatory changes, internal policy enhancements and Group initiatives.
  • Identify opportunities to strengthen governance processes through automation, process improvement and enhanced controls.
  • Champion best practices and continuous improvement initiatives to improve operational effectiveness and compliance maturity.
Desired Qualifications
  • Knowledge of Power BI or another data analytics tool.

About the company

AIA Group provides life insurance and financial protection services to individuals and groups across 18 markets in Asia. The company works by offering insurance policies and long-term savings plans that pay out benefits and claims to help customers manage their health and financial needs. AIA distinguishes itself through its century-long history in the region and its position as the largest independent publicly listed pan-Asian life insurance group. Its goal is to lead the industry in sustainability while helping millions of people live healthier, longer, and better lives.

Company Size

10,001+

Company Stage

N/A

Total Funding

$618.7M

Headquarters

Central and Western District, Hong Kong

Founded

N/A

Get referred to AIA Group

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • AIA reported 2025 VONB of US$5.5 billion and OPAT per share growth of 12%.
  • AIA returned US$3.6 billion to shareholders in first-half 2026 through dividends and buybacks.
  • AIA launched SelectWise in February 2026, targeting Hong Kong medical-insurance demand.

What critics are saying

  • China tax authorities began taxing offshore insurance income in August 2026.
  • Hong Kong insurers lost value on August 6, 2026 after the offshore-tax report.
  • AIA’s heavy Hong Kong-China exposure makes policy shocks existential for near-term growth.

What makes AIA Group unique

  • AIA’s Premier Agency drove 2026 H1 China VONB growth of 20%.
  • AIA Hong Kong’s partnership channels with Citibank and BEA widened affluent reach in 2026.
  • AIA’s 18-market scale and HKRBC disclosures reinforce capital strength above minimums.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Remote Work Options
  • Flexible Work Hours
  • Unlimited Paid Time Off
  • Paid Vacation
  • Wellness Program
  • Mental Health Support

Company News

Yahoo Finance
Apr 30th, 2026
AIA's new business value jumps 13% to $1.76B on strong Hong Kong, China demand

AIA Group reported a 13% increase in value of new business (VONB) to $1.76 billion for the first quarter ended March 31, up from $1.50 billion a year earlier. The Asia-focused insurer dismissed concerns about capital market volatility amid geopolitical tensions. Hong Kong, AIA's core market, saw VONB rise 21%, driven by demand from local customers and mainland Chinese visitors seeking offshore insurance products. China, the company's second-largest market, posted a 26% increase, supported by its Premier Agency sales force and bancassurance partnerships. Hong Kong and China together account for roughly half of AIA's global new business growth. The insurer cited favourable demographics, rising incomes and low insurance penetration across its 18 Asian markets as key growth drivers.

AIA Australia
Aug 15th, 2024
AIA Australia appoints Tracey Crowe as Chief Customer Operations and Claims Officer

In July 2017, AIA and its partners launched AIA's health insurance business, now known as AIA Health Insurance.

Adobo Magazine
Aug 14th, 2024
AIA Group's 'Rethink Healthy' platform challenges conventional health standards in Asia

HONG KONG - Insurance company AIA Group has officially launched its new brand campaign platform, "Rethink Healthy."

Human Resources Online
Jul 18th, 2024
Up the ranks: Raman Sidhu joins AIA as Director, Group Talent & Leadership

Raman Sidhu has taken on the role of Director, Group Talent & Leadership at pan-Asian life insurance group AIA, effective July 2024.

PR Newswire APAC
Jun 17th, 2024
Aia Launches "Rethink Healthy" Brand Campaign To Inspire A Healthier Asia

HONG KONG, June 17, 2024 /PRNewswire/ -- AIA Group Limited ("AIA" or the "Group") today announces the launch of its new brand campaign platform "Rethink Healthy". The campaign seeks to challenge stereotypes and narrow depictions of health in Asia and calls for new definitions of health that will encourage more people to live healthier."Rethink Healthy" promotes a more holistic and sustainable approach to wellbeing that is inclusive, relevant and achievable for people in Asia. The campaign is part of the AIA One Billion ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.It was formed in response to a regional wellness report[1] commissioned by AIA which found many consumers in Asia believe that being healthy is too hard and inaccessible. Key findings of the research revealed:While the majority of respondents want to improve their health, 80% do not believe that they are healthy today.As a result, 57% of those surveyed reported they have not managed to make changes to improve their health.People across Asia are overwhelmed by constant, narrow depictions of perfect health and wellness routines.are overwhelmed by constant, narrow depictions of perfect health and wellness routines. 63% of respondents believe that exercise must be intensive and lengthy to be healthy, which discourages many from being more physically active.The majority of those surveyed believe that small actions cannot improve physical health, despite research[2] demonstrating the value of small steps done consistently to form habits.Stuart A. Spencer, AIA Group Chief Marketing Officer, said, "Our reality today is that Asia is getting wealthier but not healthier