AVP, Audit Manager - Internal Audit

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description We are seeking an AVP, Audit Manager - Internal Audit to join our Internal Audit team in our Purchase, NY or NYC office. Reporting to the Sr. Audit Manager, Audit Director, the Audit Manager’s primary responsibility is to lead Sr. Internal Auditors or Staff Auditors in completing designated (often complex) audits (or Financial Control processes) within the segment (function, geography, or entity specific) of the Sompo International internal audit plan. Through the completion of the assigned audits / testing, the Audit Manager must also provide feedback and offer credible assurance to the auditees and management regarding the effectiveness of the control environment. More specifically, the Audit Manger’s responsibilities include but are not limited to the following: Primary Responsibilities: Directing and supervising the design and execution of specific internal audit engagements, ensuring work is performed in accordance with IIA standards and Sompo International Internal Audit policies and procedures. Performing and/or reviewing audit staff’s work papers to ensure clear identification of risks and issues, validating appropriateness of fieldwork testing, and completion of key audit deliverables Production of, editing of, and the issuance of final internal audit reports which must ultimately be approved by the Deputy CAE. Managing the changes in specific audit project timelines, budget, resourcing, and scope. Providing support to the Sr. Manager’s, Audit Directors, or Deputy CAE’s in the preparation of the overall risk assessment and the development of the annual audit plan. Performing the quarterly update to the risk assessment of the audits designated on the audit plan. This includes risk assessing newly acquired or new integrations identified during the year. Overseeing control testing or performing testing of more complex controls within the Financial Controls / JSOX program Where applicable development of assigned Internal Audit staff to take on more responsibility within the department and become effective leaders Development of the staff skill set based on the Company’s growth plans and demand on Internal Audit Bringing best practices to the organization in order to drive a ‘best in class’ attitude/culture within the department and to work with Sompo Holdings to establish such best practices globally. Establishing and maintaining an effective working relationship at the mid-Management level across assigned functional groups and business units. Liaising with business management to understand/ communicate audit risks and issues. Work closely with Risk Management to identify first and second line of defense controls relating to company risks and to assist in evaluating related control effectiveness. As needed, assisting with special projects related to business operational improvement or department strategic initiatives Supporting the requirements and feedback for specific requests to External Auditors when required. Desired Skills and Experience: Knowledge and professional work experience with the details of business processes, risks, and controls at a (re)insurance company or related financial institution. Minimum of 5-7 years’ experience within Internal Audit or Public Accounting. Strong planning and organization skills and understanding of the importance of deadlines Ability to manage small audit projects independently and larger projects with minimal guidance Strong knowledge of audit procedures, including a working knowledge of IIA (Institute of Internal Auditors) Standards, Sarbanes-Oxley requirements and the COSO Internal Control Framework. Proficient knowledge of Microsoft Office products and strong technical skills. Proven ability to manage resources and staff on audit engagements. Ability to prioritize multiple and/or competing projects. Ability to lead projects initiatives with high risk and complexity. Strong listening, written, and verbal communication skills. Ability to lead presentations to internal and external stakeholders A BS/BA degree or higher CPA, CIA, CISA, or CFE other relevant certification is preferred. Salary Range: $125,000– $155,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs: Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution. Pharmacy benefits with mail order options. Dental benefits including orthodontia benefits for adults and children. Vision benefits. Health Care & Dependent Care Flexible Spending Accounts. Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children. Company-paid Disability benefits with very competitive salary continuation payments. 401(k) Retirement Savings Plan with competitive employer contributions. Competitive paid-time-off programs, including company-paid holidays. Competitive Parental Leave Benefits & Adoption Assistance program Employee Assistance Program Tax-Free Commuter Benefit Tuition Reimbursement & Professional Qualification benefits. Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V Sompo International is a global specialty provider of property and casualty insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., UK, Continental Europe and Asia. Our commitment to integrity, teamwork, agility, execution and excellence define our culture. As we continue to grow, we strive to find talented, creative and driven professionals to join our diverse workforce. We offer a broad range of career opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our approach to our business partners and colleagues is embodied within our strong core values. We are committed to maintaining excellent financial strength, industry-leading risk management practices and fully-accountable and engaged employees. We place a high value on community involvement, giving back to our local communities and support like-minded organizations and associations. Learn more About Sompo International