Senior Internal Auditor

Ryan Specialty, LLC; New Jersey; Hybrid; USD 92,000 - 115,000; Full time

Benefits offered by this job

Bonuses

Paid parental leave

Mental health services

Job summary

Ryan Specialty, LLC in New Jersey, United States seeks Senior Internal Auditor to safeguard financial integrity and regulatory compliance. You will plan and complete internal audits, develop scope and procedures, and prepare reports reflecting results, while leading testing and risk-based audits.

Candidates should have a Bachelor’s degree in Accounting, Finance, Business Administration, or related field and 5+ years of internal auditing experience in the property and casualty insurance space;

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
• 5+ years of experience in internal financial auditing within the property and casualty insurance industry preferred.
• In-depth knowledge of insurance accounting principles, regulatory requirements, and risk management practices.
• Experience with data analysis and extraction tools.
• Understanding of internal controls and control frameworks.
• Proficiency in Microsoft Office including, but not limited to Outlook, Word, Excel.
• Knowledge of SQL a plus.

Responsibilities

• Lead internal audit activities with responsibility for planning, execution and reporting results of financial compliance and operational audits.
• Participate in consultative reviews and special projects as needed.
• Perform risk assessments, business process analysis and compliance reviews.
• Develop recommendations to strengthen internal controls, improve business processes, and verify that proper internal control safeguards are in place.
• Prepare reports to communicate audit results and recommendations to management.
• Resolve issues with management and follow up on action plans and recommendations.
• Assist with testing of the company's internal controls.
• Clearly conveys information and ideas through a variety of channels, to individuals, or groups in a way that engages and impacts the audience.
• Proactively establishes relationships and routines to convey critical business information.
• Systematic applications of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at a well-founded logical conclusion.
• Builds broad based-business relationships across the organization.
• Able to juggle multiple demands to achieve optimal efficiency and productivity while ensuring business deadlines and requirements are met.
• Exhibits strong drive for results and success; conveys a sense of urgency to achieve outcomes and exceed expectations.
• Fosters collaboration among team members and business partners throughout the organization.

Skills

Internal auditing

Risk assessment

Data analysis

Microsoft Office

Communication

SQL

Regulatory compliance

Education

Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Tools

SQL

Excel

Outlook

Word

Job description

Position Summary

The Senior Internal Auditor will play a pivotal role in safeguarding the financial integrity and regulatory compliance of our operations.The Senior Internal Auditor is responsible for planning and completing internal audits as part of the internal audit plan. Responsibilities includes developing audit scope, procedures, and preparing internal audit reports that reflect work performance results . Additionally, the internal Auditor will be responsible for leading testing, and executing risk based internal audits that provide management with on-going risk and control feedback. What will your job entail?

Job Responsibilities

• • Lead internal audit activities with responsibility for planning, execution and reporting results of financial compliance and operational audits.
• • Participate in consultative reviews and special projects as needed.
• • Perform risk assessments, business process analysis and compliance reviews.
• • Develop recommendations to strengthen internal controls, improve business processes, and verify that proper internal control safeguards are in place.
• • Prepare reports to communicate audit results and recommendations to management.
• • Resolve issues with management and follow up on action plans and recommendations.
• • Assist with testing of the company's internal controls.
• • Clearly conveys information and ideas through a variety of channels, to individuals, or groups in a way that engages and impacts the audience.
• • Proactively establishes relationships and routines to convey critical business information.
• • Systematic applications of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at a well-founded logical conclusion.
• • Builds broad based-business relationships across the organization.
• • Able to juggle multiple demands to achieve optimal efficiency and productivity while ensuring business deadlines and requirements are met.
• • Exhibits strong drive for results and success; conveys a sense of urgency to achieve outcomes and exceed expectations.
• • Fosters collaboration among team members and business partners throughout the organization.

Work Experience and Education

• • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred.
• • 5+ years of experience in internal financial auditing within the property and casualty insurance industry preferred.
• • In-depth knowledge of insurance accounting principles, regulatory requirements, and risk management practices.
• • Experience with data analysis and extraction tools.
• • Understanding of internal controls and control frameworks.
• • Proficiency in Microsoft Office including, but not limited to Outlook, Word, Excel.
• • Knowledge of SQL a plus.

Licenses & Certifications

• • CPA, CIA, or equivalent professional certification preferred.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $92,000.00 - $115,000.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.

Please contact us to request an accommodation at [e-mail]

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

A multi-time winner of Newsweek’s Most Loved Workplaces and Insurance Business’s Top Insurance Employers, Ryan Specialty is home to some of the brightest talent in the insurance industry.

Join our team and help provide innovative solutions for insurance brokers, agents and carriers.

Ryan Specialty, LLC and its affiliates (“Ryan Specialty”) do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services or professional recruiters (“Agencies”), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must be registered in Ryan Specialty’s agency portal and have a fully executed contract for service between the Agency and the Agency. Agency fee agreements will only be valid if provided in such fully executed contract between the Agency and the Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty’s HR department and in compliance with Ryan Specialty’s candidate submission process shall be considered unsolicited, gratuitous and property of Ryan Specialty for recruiting purposes and, as such, is not subject to payment of any Agency fees.