Auditor

Overview

Auditor ernal Auditor to join our Internal Audit team with focus on North American insurance operations.

Location:

Purchase, NY or Morristown, NJ.

This role will provide independent and objective analysis by participating as a key member of the team in the execution of internal audits, focused on the North American insurance operations. Within the office, the Internal Auditor will interact with management across multiple business units and operations in North America, Bermuda, and Canada.

We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

• Contribute to the execution of the internal audit plan, participating in operational, financial, and regulatory audits as well as other areas of the audit plan.
• Prepare, maintain, and update work papers in Team Mate, the audit tool, with high quality and in accordance with Internal Audit Professional Practices standards.
• Perform testing of processes, controls, and transactions to ensure compliance with company policies and regulations.
• Assist with the execution of financial controls testing.
• Assist the audit lead in developing actionable recommendations that improve operations, controls, and how the business is managed.
• Effectively communicate audit observations, internal control deficiencies, and recommendations with management.
• Prepare clear and concise written audit observations for reporting.
• Work with internal audit team members in other office locations on group-wide audits as required.
• Collaborate with business units and operational areas to strengthen the organization’s internal control environment.
• Monitor and follow up on the status of management action plans addressing reported audit observations through regular interactions with business contacts.
• Validate implementation of management action plans by reviewing evidence provided by the business.
• Participate in ongoing training to enhance auditing, risk assessment, and insurance industry knowledge.
• Stay updated on regulatory and industry changes that may impact the business.
• Participate in department data analytics initiatives and work with business leaders to facilitate continuous monitoring.
• Utilize auditor judgment and professional scepticism in decision-making.
• Perform additional assignments or ad-hoc tasks as directed, while completing activities within established timelines.

• 1-3 years of Internal/External audit experience, internship, or coursework in auditing, accounting, financial analysis, or risk management preferred.
• Basic understanding of auditing principles and practices.
• Familiarity with financial controls and risk assessment processes.
• Exposure to SOX 404 and financial control testing is a plus.
• Ability to work collaboratively in a team environment.
• Ability to develop and maintain strong working relationships with management.
• Critical thinking to identify and analyze exposures, recognize areas of concern, and develop appropriate solutions.
• Strong attention to detail, analytical, problem-solving, and interpersonal skills.
• Effective written and verbal communication skills.
• Ability to negotiate and present audit results to all levels of management.
• Time management skills and ability to handle multiple tasks.
• Working knowledge of Microsoft Office Suite (Word, Excel, PowerPoint).
• Knowledge around Artificial Intelligence tools is a plus.
• Strong work ethic and ability to work independently or as part of a team.
• Willingness to learn and adapt to new challenges.
• Additional language skills (Spanish, Portuguese, and/or Japanese) are desirable but not required.
• BS or BA in Business, Finance, Accounting, or a related field.
• CIA or CPA preferred; progress towards relevant qualifications will be considered.
• Up to 15% travel required to other Sompo office locations.

Salary Range: $75,000 – $95,000. Actual compensation depends on location, qualifications, skills, and experience. Sompo offers competitive compensation and benefit programs.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. We do not discriminate based on race, color, religion, sex orientation, national origin, or age. We are committed to equal opportunities and strive to support a respectful work environment. Ethics and integrity are the foundation of delivering on our commitment to you.