What are the responsibilities and job description for the Process Assurance Analyst position at Assurant?
Process Assurance Analyst
Overview of Position
The Process Assurance Analyst is responsible for understanding and evaluating the internal risk and control environment within Connected Living, at the business, process, transaction, and/or application level. The Process Assurance Analyst will also support both internal and external audit teams by facilitating the audit and remediation process.
What makes us different?
Are you a recent college graduate looking for an opportunity to join an organization that helps its clients connect protect over 300 million consumers around the world? Does learning from experienced colleagues and evaluating internal risks sounds exciting? If so, an opportunity within Global Lifestyle’s Connected Living Risk Management team might be for you!
What will be my duties and responsibilities in this job?
Documentation and Testing of Controls
Consult and advise with process/control owners to assist in the identification and documentation of business processes and controls.
Advise the process/control owners on the identification of Risks and Controls within their processes.
Create Test Plans and Test controls within the business processes ensuring that they are designed and operating effectively.
Evaluate control deficiencies and identify new or enhanced controls which will strengthen the business processes.
Work with management to define risk mitigation action plans to resolve process gaps and monitor remediation on a timely basis.
Maintain a thorough understanding of risk-based internal control requirements and practices.
Monitor and test compliance of internal control standards (financial and non-financial).
Facilitate Audits
Facilitate internal and external audits utilizing the departmental methodology.
Coordinate resources and deliverables for the audit using the prescribed tools.
Work with the Issue Owners to ensure that the management action plans on the issues are defined.
Facilitate the Remediation process for issues arising out of the audits.
Retest remediated controls prior to the internal or external auditors retesting.
Ensure all data regarding audits is up to date in the databases.
Build Relationships with Business Leaders/Managers
Develop an understanding of the Assurant Businesses.
Apply listening skills to understand business issues and risks by being responsive to clients.
Champion Department’s Development
Utilize department processes, systems and methodologies effectively and efficiently enabling the department to fulfill departmental goals.
Assist in departmental initiatives, Centers of Excellence and other teams to review and improve department processes, systems and methodologies.
Maintain awareness of significant industry, regulatory and business changes across the organization and their potential impact on the established control environment.
Actively learn and apply knowledge gained through professional development opportunities, including external and internal training.
What are the requirements needed for this position?
BA in Risk Management, Economics, Business Operations, Compliance, Finance, or Accounting or equivalent
GPA of 3.0 or above preferred
An accounting, audit, risk management, business or similar internship experience is a plus.
What other skills/experience would be helpful to have?
MS Office including advanced Excel skills
Strong analytical and research skills
Excellent interpersonal and communication skills
Ability to prioritize tasks with shifting deadlines and work on multiple projects simultaneously
Six Sigma knowledge and experience is a plus
What are the working conditions and physical requirements of this job?
General office demands
How much should I expect to travel?
Ability to travel 30-40% of the time to other Assurant work sites
