Oliver James is Hiring a Jnr - Internal Audit - Financial Services - NJ/CT Near Princeton, NJ
The Opportunity
Future focused and always one step ahead
This position is responsible for conducting client reviews to verify compliance with contract terms; evaluate accuracy and reliability of reported premium and loss information
Responsibilities:
Prepare and complete audits & analyses with limited guidance, including the identification of control deficiencies, development of action plans, and communication of results.
Complete routine audits, projects and data analysis with limited guidance.
Recommend action plans to address audit issues with limited guidance.
Communicate results and recommendations to audit staff & internal and external clients.
Assist in educating underwriters, account managers, underwriting accounting and claims personnel about how accounts reviewed are being processed by MGAs and/or ceding companies.
Lead other auditors on specific accounts/projects, with guidance.
Identify control deficiencies & operational issues requiring corrections, monitoring or other action plans.
Review other team member's audit work and provide constructive feedback as needed. Coach less experienced employees as needed.
Participate in Account Services presentations to prepare and present results/topics to clients.
Develop and maintain working knowledge of Generally Accepted Accounting Principles, Generally Accepted Auditing Standards and Statutory Accounting Principles, including a good understanding of audit controls and accounting treatment for insurance transactions.
Qualifications:
Successful candidates will possess the following experience, skills, and capabilities:
Bachelors Degree, major in accounting preferred.
Minimum 4 years accounting experience with a least 2 years auditing experience in the P&C industry.
Pursuing ARe designation.
Understands the underwriting, premium and loss cycle of a primary company or MGA.
Strong working knowledge of applications such as Word, Excel, Access, and ACL.
Excellent interpersonal and good leadership skills.
Excellent oral and written communication skills.
Position requires 25-30% scheduled travel and may require irregular work hours.