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$126k–$175k/yr
Full-time
bachelor degree, professional certificate
Medical Plans, Dental Plans, Life Insurance, Health Care Flexible Spending, Dependent Care, 401k Savings Plans
Posted 24d ago
Apply by Jul 15
~40 hrs/week
Responsibilities
The Director of Internal Audit is responsible for planning and overseeing risk-based internal audits and SOX processes to ensure effective internal controls. This role involves managing audit teams, communicating control deficiencies to management, and maintaining relationships with regulators and external auditors.
Requirements
A bachelor's degree in accounting, finance, or a related field is required, along with a professional certification such as CPA or CIA. Candidates should have extensive experience in risk audit methodology, preferably within the general insurance or reinsurance industry.
Full job description
Overview
The Director, Internal Audit is directly responsible for planning, leading, and overseeing of the execution of the internal audits and assigned SOX process within AmTrust Financial Services in accordance with professional standards to ensure that internal controls are appropriately designed and operating effectively. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.
Responsibilities
Assist the AVP, Internal Audit or the Chief Audit Officer with the development and leading the execution of the risk based audit plan
Perform, lead and manage complex risk-based internal audits of controls and annual SOX program, and assist management in developing remediation action plans.
Identify and communicate control deficiencies, perform root cause analysis, analyze the impact of the control deficiencies on the business processes and assist SOX compliance management in determining the impact of such exceptions on the financial statements
Develop and execute computer-assisted audit techniques for testing controls
Assist other audit teams in developing and conducting integrated audits
Oversee the tracking and monitoring of management action plans and report status to the Chief Audit Officer
Manages the audit team(s) in the assigned center of excellence
Provides guidance to staff in the execution of assigned complex audits, including monitoring, progress and quality against stated audit objectives, department metric and audit requirements
Accountable for delivering audit results within the agreed upon timeframes and budgets
Develops clear and concise written deliverables, including audit reports
Coordinates and develops a sound relationship with the 2nd line functions (e.g. Risk Management) to maximize Department metrics and audit requirements and leverage risk management coverage
Be a partner and mentor to all members of the team; challenge and provide advice about risk and control considerations with a constructive and respected style
Maintains organizational and professional ethical standards and ensures Internal Audit activities are carried out or supervised in compliance with the applicable standards
Proactively maintain a strong ongoing relationship with management, regulators, and external auditors
Review the work of the staff and managers to ensure completeness, accuracy and compliance with program standards
Lead and assist in other administrative activities including, but not limited to, time reporting, open issue follow up tracking, and other metrics.
Lead and assist with the assessment of controls at 3rd party business partner by reviewing SOC reports and evaluating the results within the reports and their impact of the company’s controls.
As needed, be able to travel-domestically up to 20%
Qualifications
Required:
Bachelor’s degree with a major in accounting, finance, management information systems, risk management or other related discipline
Applicable certification in audit is required; such as CPA or CIA
Advanced Risk audit methodology knowledge and experience required
Proficiency with common audit tools (e.g., workpapers, data analysis)
Proficiency in Microsoft Office Applications and ability to learn new software programs
Strong accounting and financial industry audit background with understanding of related risk and controls
Demonstrated team leader; ability to attract, develop and retain top talent and encourage an inclusive working environment
Strong work ethic, client service attitude and demonstrated team player
Excellent communication skills – written and oral – to both technical and non-technical audience. Ability to work in a fast-paced environment and manage well through constant changes
Professional demeanor with clients and teammates
Ability to work and manage remotely when necessary
Preferred:
9 or more years of audit experience
Relevant experience within General Insurance and/or Reinsurance provider environment(s), preferably from a property/liability carrier
The expected salary range for this role is $126,200-$175,000/year.
Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.
What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
AmTrust Financial Services, Inc., through its subsidiaries, operates as a multinational property and casualty insurance company. Founded in 1998 to provide workers’ compensation insurance to small businesses in the United States, the company now operates in three segments around the globe: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Program Insurance.
Read our Social Media Guidelines here: https://amtrustfinancial.com/about-us/social-media
Offices: 59 Maiden Lane, 6th Floor, New York, NY 10038, US
Property and Casualty InsuranceWorkers' Compensation InsuranceCommercial Package Insuranceand Specialty Risk and Extended Warranty InsuranceFinanceElectronicsBankingTransportationRetailInsurance
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