Business Process Risk Senior Associate - Insurance

Chris Baily; New York (NY); On-site; USD 101,000 - 129,000; Full time

Job summary

Grant Thornton in New York is seeking a Process Risk Senior Associate (Insurance) to grow client risk programs and address controls in proactive and responsive ways. You will work with insurers and financial services clients, supporting audits, internal controls, and risk assessments.

You will review processes, understand client operations, and participate in engagements from planning to reporting, mentoring junior staff, and delivering actionable recommendations.

Qualifications

• Bachelor’s degree in Accounting, Finance, IT, MIS, BI, or related field.
• Minimum 2 years of related work experience in a professional services or risk/internal audit context.
• Experience with insurance organizations preferred (property and casualty).
• CIA/CPA/Six Sigma or similar certifications preferred; SOX 404 experience preferred.
• Experience evaluating enterprise/operational risk management programs and controls.
• Strong understanding of COSO IPPF and related standards.
• Ability to manage multiple engagements and deadlines in a growing team.
• Excellent client service, communication, and project management skills.

Responsibilities

• Review processes to assess risk, internal control, and efficiency.
• Understand client business, objectives, and IT systems within insurance/financial services.
• Participate in client engagements from planning to reporting.
• Assist in internal audits, SOX compliance, and internal control design.
• Support engagement managers with project plans, timelines, budgets, and status.
• Supervise and mentor junior staff on engagements.
• Develop audit workplans and control test procedures based on risk factors.
• Translate findings into actionable recommendations.

Skills

Audit & risk assessment

SOX compliance

Client service

Project management

Communication

Travel readiness

Education

Bachelor’s degree (related field)

Tools

Microsoft Visio

Microsoft Office

Job description

As a Process Risk Senior Associate (Insurance), you will get the opportunity to grow and contribute to our clients' business needs by helping them understand their business risks, and assist in addressing risk in both proactive and responsive contexts for the Risk, Compliance & Controls Practice – all with the resources, environment, and support to help you excel.

From day one, you’ll be empowered by the greater Risk team to help clients make the moves that will help them achieve their vision and help you achieve more, confidently for clients, including insurers and other financial services organizations.

Your day-to-day may include:

• Review operational, financial, and administrative processes to assess risk, internal control, and the overall effectiveness and efficiency of the process.
• Obtain an understanding of clients’ business, objectives, strategy, operations, processes, IT systems, service providers and controls including those in insurance specific and other financial services organizations.
• Actively participate in client engagements from start to completion, which includes planning, executing, and reporting.
• Common engagements include but are not limited to co-sourced and outsourced internal audit, internal control assessments, enterprise risk management program assessments, tests of control design and operating effectiveness for Sarbanes-Oxley (SOX) and other compliance requirements, and helping clients design and implement internal controls
• Support engagement Manager and/or Senior Manager/Director in project management activities, such as preparing and managing engagement project plans, timelines, budgets, and status reporting
• Supervise, train, mentor Associates and Interns on engagements, assess performance and provide feedback
• Develop and execute internal audit workplans and control test procedures based on engagement scope, and client environment risk factors.
• Apply knowledge of risk and control trends to evaluate findings for significance, risk and develop recommendations
• Work with project team and client to deliver services in accordance with project leadership and client expectations
• Other duties as assigned

You have the following technical skills and qualifications:

• Bachelor’s degree in Accounting, Finance, Information Technology, MIS, Business Intelligence, or related field required
• Minimum 2 years of related work experience with a professional services firm or as part of a Risk Management or Internal Audit function
• Experience with insurance organizations, particularly property and casualty carriers or related market participants, is preferred
• CIA, CPA, Six Sigma, or related license/certification preferred; Sarbanes-Oxley Section 404 experience preferred
• Experience assessing the design and operating effectiveness of enterprise or operational risk management programs, and/or entity-level and business process controls for Internal Audit, SOX compliance, System & Organization Control (SOC) reporting, or other risk management, compliance, and assurance activities
• Strong understanding of COSO Internal Control – Integrated Framework (2013), the Institute of Internal Auditors International Professional Practices Framework (IIA IPPF), and/or current focus areas of external financial statement auditors (completeness and accuracy of key reports, level of precision, etc.)
• Ability to execute multiple engagements and completing priorities in a rapidly growing team environment
• Exceptional client service, communication, analytical, organizational and project management skills
• Strong computer skills, including proficiency in Microsoft Visio and Office Suite applications
• Can travel as needed

The base salary range for this position is between $101,200 and $129,030. Placement within the pay range is at Grant Thornton’s discretion, and it is based on multiple factors, including but not limited to, job -related knowledge/skills, experience, business needs, progression within the role, geographic location, and internal equity. At Grant Thornton, compensation decisions are dependent upon the facts and circumstances of each position and candidate.

#LI-CL2Full timePosting Date: 2026-08-31