Senior Internal Auditor

Mitsui Sumitomo Insurance Group; New Jersey; On-site; USD 95,000 - 130,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) with employer match

Paid time off

Job summary

A global insurance firm in New Jersey is looking for a Senior Internal Auditor to provide independent assurance and consulting services. You will assess risks, ensure compliance with internal controls, and identify areas for improvement in the organization's operations. The role encompasses a hybrid work model and requires 3-5 years of audit experience, preferably in the Property & Casualty insurance industry. A Bachelor's degree and relevant certifications are preferred. Competitive salary and benefits are offered.

Qualifications

• 3-5 years of audit related experience.
• Experience in the Property & Casualty insurance industry preferred.
• Understanding of SOX/MARSOX compliance requirements.

Responsibilities

• Perform risk-based audits under management supervision.
• Examine records and ensure compliance with internal control procedures.
• Identify gaps in internal controls and recommend improvements.

Skills

Risk management analysis

Financial reliability assessment

Internal controls understanding

Critical thinking

Education

Bachelor's degree from an accredited institution

CPA, CIA, CISA or CRMA

Job description

Senior Internal Auditor page is loaded## Senior Internal Auditorremote type: Hybridlocations: NJ-Warrentime type: Full timeposted on: Posted 3 Days Agojob requisition id: JR-000826MSIG USA continues to grow!**Company Overview:**is the US-based subsidiary of , one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.Summary/Job The Senior Internal Auditor’s primary focus is to provide an independent, objective assurance and consulting activity to add value to the company. The Senior Internal Auditor will analyze risks, operations and financial reliability and drive actions to address those risks to improve the organization’s operations. In addition, the Senior Internal Auditor will determine if the Company’s network of risk management, control, technology and governance processes are satisfactory and meet the needs of the business as well as regulatory authorities. The Internal Auditor will also be responsible for undertaking a range of internal audit activities from initial planning through the audit reportThe role will follow a hybrid work schedule of 4 days in the officeEssential Functions:* Perform, under supervision of management, risk-based audits including analyses of risk management, operations effectiveness, financial reliability and compliance with all applicable directives and regulations.* Ensure compliance with established internal control procedures by examining records, reports, operating practices and documentation.* Identify gaps in internal controls and recommend risk mitigation measures and cost savings to strengthen internal controls and improve business processes.* Prepares audit work papers which includes planning memos, risk assessment matrices and conclusions on test work, etc.* Prepare and present reports that reflect business description, process flows, key internal controls, as well as, issues, root cause, and remediation.* Ensure audit findings are discussed with management and appropriately tracked through remediation.* Maintain effective relationships with business units and management to enhance the audit process.* Effectively monitors own performance to manage work requirements and budget to meet assigned initiatives.* Act as an objective source of independent advice to ensure validity and risk mitigation.* Engage in continuous knowledge development regarding regulations, best practices, tools, techniques, performance standards and the Institute of Internal Auditors’ International Professional Practices Framework (IPPF).Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education and Experience Required:* Bachelor’s degree from an accredited institution is required.* CPA, CIA, CISA or CRMA is preferred.* Minimum of 3-5 years of audit related experience.* Experience in the Property &Casualty (P&C) insurance industry is preferred.* Understanding of finance and operation internal controls and internal audit methodology as well as SOX/MARSOX compliance requirements.* Ability to utilize critical thinking by applying process analysis, business intelligence, and problem solving techniquesOther Qualifications Required:10% Domestic travel is required.#LI-HYBRIDSalary: The base pay range is $95-$130K . Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Additional Benefits: * Healthcare and Retirement Benefits* Comprehensive medical, dental, and vision coverage* 401(k) with a generous employer match and profit-sharing contribution* Wellness incentive program* Life and accidental death and dismemberment (AD&D) insurance* Flexible spending programs* Short-term and long-term disability plansAdditional Benefit Programs* Paid time off program* Paid charitable leave* Paid parental leave* Tuition reimbursement program* Personal insurance (auto/homeowners) discounts#LI-HYBRID It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.### Invest in Your Future With UsEach employee plays an important role which contributes directly to the success and continued growth of MSIG.MSIG Holdings (U.S.A.), Inc. (MSIG) is a wholly owned subsidiary of the MS & AD Insurance Group Holdings, Inc. – one of the top ten property-casualty insurance groups world-wide. Our Group has capital in excess of $25 Billion, operations in more than 40 countries and nearly 40,000 personnel located globally.MSIG in the U.S. is comprised of three insurance companies with licenses in all fifty states as well as Puerto Rico and the District of Columbia. These companies and five other subsidiaries, deliver state of the art risk financing programs, insurance products, risk engineering and claims management services that enable our clients to effectively and efficiently manage their risks. Our insurance companies share the A.M Best’s A+ XV Rating and Standard & Poor’s A+ Rating of our Japan-based parent.Our clientele runs the gamut from small and mid-sized, sole-proprietorships, partnerships and corporations, up to some of the largest and most sophisticated multinational corporations operating in the U.S. and globally.The vast majority of clients seek our support related to Commercial Lines insurance products including Commercial Property and Liability Insurance products. However, through our subsidiary – Seven Hills Insurance Agency, LLC. – we are able to provide Personal Lines Insurance products including homeowners, renters, automobile, etc.**Specialties:**All Risk Property, Commercial Liability, Automobile, Workers Compensation, Management Liability, Marine, Excess & Umbrella, Claims Management, Risk Engineering services, etc.