Senior Auditor

Sompo

Morristown (NJ)

On-site

USD 100,000 - 120,000

Full time

4 days ago
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Benefits offered by this job

Health benefits
401(k) plan
Paid time off
Career development

Job summary

Sompo seeks a Sr. Auditor for its North American Internal Audit team to focus on reinsurance operations, including underwriting, claims, and finance processes. You will assess controls, conduct testing, and report findings to stakeholders, contributing to risk-based assurance across the organization.

The role emphasizes collaboration, data analytics, and continuous improvement. Location options include Purchase NY, NYC, Mt Juliet, or Morristown NJ offices, with a competitive compensation and

Qualifications

  • Bachelor’s degree in Accounting, Finance, Risk Management, or related discipline.
  • 2+ years of insurance or reinsurance experience preferred.
  • Experience in internal or external audit and familiarity with regulatory environments.

Responsibilities

  • Execute risk-based internal audits across business and functional areas with focus on reinsurance.
  • Evaluate design and operating effectiveness of key controls through walkthroughs and testing.
  • Perform financial and operational control testing for reinsurance processes.
  • Identify control gaps, risks, and opportunities to strengthen governance and controls.
  • Prepare audit reports, communicate findings to stakeholders, and support remediation.
  • Build relationships with stakeholders and drive continuous improvement via analytics.

Skills

Auditing
Risk assessment
Analytical thinking
Stakeholder communication

Education

Bachelor's degree in Accounting, Finance, Risk Management, or related

Tools

Microsoft 365

Job description

Are you looking for your next opportunity? Sompo has a unique opportunity for a Sr. Auditor, Internal Audit in our North American Internal Audit team. The North America Internal Audit team provides independent, risk-based assurance across Sompo’s business and functional areas, with this role primarily supporting the reinsurance product line. Reinsurance is a key area of the business, involving complex underwriting, claims, operations, finance, and regulatory considerations that require strong governance, risk management, and internal controls.

Location: This position can be based out of our Purchase NY, NYC, Mt Juliet, Morristown NJ office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our Business, Your Impact, Our Opportunity
What you’ll be doing:
  • Execute risk-based internal audits across business and functional areas, with a primary focus on reinsurance operations, including underwriting, claims, finance, contract administration, and reporting processes.
  • Evaluate the design and operating effectiveness of key controls through walkthroughs, testing, documentation, and application of Internal Audit methodology and professional standards.
  • Perform financial and operational control testing over reinsurance-related processes, including premium booking, claims reporting, contract governance, settlements, reconciliations, and related finance activities.
  • Identify control gaps, process inefficiencies, emerging risks, and opportunities to strengthen governance, risk management, and operational effectiveness.
  • Prepare clear audit reports, communicate findings and recommendation to stakeholders, and support issue remediation through timely follow-up to resolution.
  • Build strong relationships with business and functional stakeholders while contributing to continuous improvement through data analytics, automation, and enhanced audit practices.
What You’ll Bring
  • Bachelor’s degree in Accounting, Finance, Risk Management, or a related discipline.
  • Minimum of 2+ years of insurance or reinsurance experience, with reinsurance experience strongly preferred.
  • Prior internal audit, external audit, and/or underwriting audit experience, ideally within reinsurance underwriting, operations, finance, or claims processes.
  • Knowledge of insurance regulatory environments, reinsurance market practices, compliance considerations, and M365 tools.
  • Strong analytical, organizational, critical thinking, workload management, and independent prioritization skills; CIA or CPA certification is a plus.
Salary Range:

$100,000 – $120,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full‑time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

Summary

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid‑time‑off programs, including company‑paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits
Who We Are And What We Stand For

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

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