Associate - Auditor

New York Life; New York (NY); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Hybrid schedule

Job summary

New York Life is seeking an Audit Associate to join its Corporate Audit Department in New York City, operating on a hybrid schedule with onsite and remote work. The role emphasizes planning, scoping, control analysis, testing, and reporting on audits across insurance, investments, IT, and finance functions.

The ideal candidate holds a Bachelor’s degree in Finance, Accounting, Economics, or a related field and has 1–3 years of audit experience within financial services or similar regulated

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or other quantitative disciplines preferred; other bachelor’s degrees may be considered.
• One to three years of relevant audit experience, preferably within financial services or a similar regulated environment.
• Knowledge of risk and control concepts in the context of internal audit, and knowledge of the second- and third-line functions within an organization.
• Well-developed analytical skills and attention to detail.
• Effective verbal and written communication skills, with the ability to collaborate effectively with team members and stakeholders.
• Enthusiastic, self-motivated, and effective under pressure.
• Ability to multi-task, complete projects on time, and adjust to changing priorities; willingness to learn quickly and think strategically.
• Familiarity with data analytics, data visualization, and AI tools; experience with Tableau, Claude, Copilot, or ChatGPT is a plus.
• Willingness to travel domestically on occasion (less than 10%).

Responsibilities

• Participate in the planning, scoping, and execution of the audits using department methodology under the direction of an audit manager.
• Lead and participate in walkthroughs with stakeholders to document business processes and identify risks and controls.
• Document the risks and controls in flowcharts and narratives.
• Design and execute audit tests to evaluate internal controls over key risks.
• Document audit observations and findings and follow up with stakeholders as needed.
• Document all audit work in the department's audit management platform.

Skills

Audit experience

Analytical skills

Communication skills

Attention to detail

Adaptability

Data analytics

Data visualization

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Tableau

Claude

Copilot

ChatGPT

Job description

Location: Hybrid - 3 days per week

Role Overview

New York Life’s Audit Department is accountable to the Audit Committee of the Board of Directors, the Chief Executive Officer, and senior management. The Audit Department evaluates the effectiveness of the control environment for the firm’s many lines of business. Audits are scheduled and conducted according to a risk-based approach, and advisory services are also provided at the request of management. The Corporate Audit Department consists of approximately 50 auditors that review insurance, investments, information technology, financial reporting, agency, corporate functions and fraud. The Associate position plays an important role in planning, scoping, control analysis and testing, and reporting. The position is based at the company’s headquarters in New York City and follows a hybrid schedule of onsite and remote. It reports directly to a Corporate Vice President on the Strategic Business Insurance audit team and focuses on audits of insurance operations and advisory services.

What You’ll Do

• Participate in the planning, scoping, and execution of the audits using department methodology under the direction of an audit manager.
• Lead and participate in walkthroughs with stakeholders to document business processes and identify risks and controls.
• Document the risks and controls in flowcharts and narratives.
• Design and execute audit tests to evaluate internal controls over key risks.
• Document audit observations and findings and follow up with stakeholders as needed.
• Document all audit work in the department's audit management platform.

What You’ll Bring

• Bachelor’s degree in Finance, Accounting, Economics, or other quantitative disciplines preferred; other bachelor’s degrees may be considered.
• One to three years of relevant audit experience, preferably within financial services or a similar regulated environment.
• Knowledge of risk and control concepts in the context of internal audit, and knowledge of the second- and third-line functions within an organization.
• Well-developed analytical skills and attention to detail.
• Effective verbal and written communication skills, with the ability to collaborate effectively with team members and stakeholders.
• Enthusiastic, self-motivated, and effective under pressure.
• Ability to multi-task, complete projects on time, and adjust to changing priorities. Ability and desire to learn quickly, be flexible and think strategically.
• Familiarity with data analytics, data visualization, and AI tools; experience with applications such as Tableau, Claude, Microsoft Copilot, or ChatGPT is a plus.
• Willingness to travel domestically on occasion (less than 10%).

Pay Transparency

Salary Range: $65,000-$90,000. Overtime eligible: Exempt. Discretionary bonus eligible: Yes. Sales bonus eligible: No. Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Employees may also be eligible to participate in an incentive program.