Controls Advisory-IT Senior Associate (Insurance)

Grant Thornton (US); Hartford (CT); On-site; USD 101,000 - 129,000; Full time

Job summary

Grant Thornton (US) seeks an IT Risk Senior Associate (Insurance) to help clients understand and address IT risk within risk, compliance and controls engagements. You will work on IT internal audit, control assessments, and risk programs across insurers and financial services clients.

You’ll analyze IT environments, design and test controls, and support implementation of risk mitigation. Travel may be required as part of client engagements and project delivery.

Qualifications

• Bachelor’s degree in Accounting, Finance, Information Technology, MIS, or related field is required.
• Minimum 2 years of related work experience with a professional services firm or internal audit.
• Experience with insurance organizations preferred (P&C carriers or related participants).
• CISA, CISSP, CISM, CPA license preferred.
• Understanding of IT risk management and cybersecurity standards (COBIT, NIST CSF).
• Experience assessing IT controls (IT general controls, application controls) for internal audit, SOX, or risk management.
• Experience assessing ERP configuration and controls (SAP, Oracle, PeopleSoft, JD Edwards) a plus.

Responsibilities

• Participate in client engagements from start to finish, including IT internal audit and control assessments.
• Understand clients' industry, objectives, operations, IT systems, and data flows, including insurance workflows.
• Execute test procedures for IT control designs and operating effectiveness.
• Support assessments of technology supporting insurance operations (policy admin, underwriting, claims, billing, reinsurance).
• Contribute to innovative problem solving to improve project delivery.
• Collaborate with cross-functional teams and other Grant Thornton service lines.
• Travel as needed.

Skills

IT risk mgmt

Cybersecurity risk

SOX compliance

Internal audit

Education

Bachelor's degree

Tools

ACL

IDEA

QlikView

QlikSense

Tableau

Spotfire

Visio

Job description

Job Description

As an IT 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. You’ll collaborate with teams to execute and report on risk management, internal control and internal audit engagements that develop, assess, or improve the design and operating effectiveness of IT risk management and internal control activities.

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:

• Actively participate in client engagements from start to completion, with a focus on executing and reporting on assigned project tasks that include co-sourced and outsourced IT internal audit, IT internal control assessments, IT risk management program assessments, tests of IT control design and operating effectiveness for Sarbanes-Oxley (SOX) and other compliance requirements, and helping clients design and implement IT controls


• Obtain an understanding of clients’ industry, objectives, strategy, operations, processes, IT systems, and controls, including insurance-specific technology and data flows where applicable


• Execute IT control design and operating effectiveness test procedures based on engagement scope, and client environment risk factors


• Support assessments of technology supporting insurance operations, such as policy administration, underwriting, claims, billing, reinsurance, actuarial, and financial reporting processes.


• Bring an innovative and analytical mindset to help our clients solve business issues and enable more efficient project execution


• Work with the project team and client to deliver services in accordance with project leadership and client expectations


• Work collaboratively with colleagues across Advisory Business Lines (ABLs) and with other Grant Thornton Service Lines (e.g., Audit Services and Tax Services)


• Meet or exceed defined performance metrics


• Other duties as assigned

You have the following technical skills and qualifications:

• Bachelor’s degree in Accounting, Finance, Information Technology, MIS, or a related field is required


• Minimum 2 years of related work experience with a professional services firm, or part of an internal audit function


• Experience with insurance organizations, particularly property and casualty carriers or related market participants, is preferred.


• CISA, CISSP, CISM, CPA license/certification preferred


• Understanding of IT risk management and cybersecurity risk management standards (COBIT, NIST CSF, etc.)


• Experience in assessing the design and operating effectiveness of IT risk management and IT controls (IT general controls, application controls, etc.) for Internal Audit, SOX compliance, or other risk management activities


• Experience assessing configuration and controls of ERP systems (SAP, Oracle, PeopleSoft, JD Edwards) a plus


• Experience assessing configuration and controls of SAP ECC, S/4 HANA, etc. (BASIS and security administration, process controls, etc.) a plus


• Strong understanding of IT general controls, and current focus areas of external financial statement auditors


• Experience assessing GRC and Identity and Access Management (IAM) solutions a plus


• Experience assessing at least one (preferably multiple) operating system (OS/400, Windows, UNIX, etc.), database system (Oracle, SQL, etc.), and IT infrastructure / network component (domain controllers, firewalls, routers, intrusion prevention / detection solutions, etc.)


• Experience with ACL, IDEA, QlikView, QlikSense, Tableau, Spotfire, or other analytics and visualization solutions


• 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.