Internal Audit / SOX Lead

Leading writer of Property & Casualty Reinsurance seeking Internal Audit / SOX Lead in NY office team supporting their global Internal Audit function. I have been supporting this client for 20 years, and I can sincerely say they have the best, most employee centric, corporate culture of any client I’ve worked with. Their global team shares a passion for solving their customers’ problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

This is a 4 day per week in office position (with a flex work from home day) located in midtown Manhattan very close to all major transportation hubs.

For over three decades, the firm has helped its clients manage the risks of operating in a volatile and uncertain world. They’re experts in Property, Casualty, Specialty, Cyber and Credit reinsurance, consistently recognized for the innovative way they combine data, experience and technology to understand and manage large and complex risks across the world. They are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges.

The AVP, SOX Manager is responsible for, but not limited to, planning and conducting assigned internal audit activities with a primary focus on SOX across the firm globally. This role assists with internal audit activities across the Company's offices including Bermuda, the U.K., the U.S., Switzerland, and Ireland, and our branch offices across the globe.

PRINCIPAL ACCOUNTABILITIES:

• Lead internal controls testing to support compliance with Section 404 of Sarbanes-Oxley, which includes responsibility for performance and review of testing.
• Serve as a SOX, risk and control Subject Matter Expert and advise business and risk partners.
• Lead and conduct various internal audit engagements across the firm.
• Assist with the development and management of the annual risk-based audit plan for the company and its subsidiaries.
• Assist with the preparation of Audit Committee materials for the company and its subsidiaries.
• Provide value-added process improvement recommendations to business units/functions, including consideration of the broader firmwide implications.
• Interpret the regulatory regime and framework applicable to the platform for which you work, and the broader organization and other frameworks in place, and apply such knowledge to the internal audits assigned, as applicable.
• Effectively manages Internal Audit staff providing appropriate delegation and oversight.
• Effectively manage interactions with external auditors and deliverables and timelines with third-party internal audit service providers
• Monitor and report progression the implementation of management action plans.
• Perform ad-hoc internal audit projects and provide support to the Global Audit team.

QUALIFICATIONS, SKILLS & EXPERIENCE:

• A Bachelor’s degree is essential, preferred in Accounting or Finance.
• An accounting designation required (CA, ACCA, CPA or ACA).
• CIA preferred or currently pursuing the CIA designation.
• A minimum of 5 years of relevant prior experience, either in the (re)insurance/financial services industry or as part of a professional services firm.
• An excellent understanding of internal controls and previous Sarbanes-Oxley testing experience in the (re)insurance industry.
• Fully proficient and has an in-depth knowledge of US GAAP and SEC reporting requirements, as well as other relevant regulatory and compliance requirements, such as BMA Solvency and Capital Requirements, NAIC statutory reporting requirements, etc. An understanding of other regulatory regimes such as Solvency II or Solvency UK is advantageous but not required.
• Experienced in performing or managing internal audits in the (re)insurance markets, including in regulatory and compliance related requirements.
• Effectively balances day-to-day tactical pressures without losing sight of the big picture and considering the broader implications of work and larger operating environment.
• Makes improvements of processes, systems, products or solutions to enhance performance of the department or job area.
• Responds to and troubleshoots moderate to highly complex inquiries/issues, both internally and externally.
• Provides regular coaching and feedback; recognizes high performance.
• Sees and demonstrates the value of ongoing training and development by sharing knowledge and teaching and applying new skills.
• Experience in data analytics advantageous.
• Be able and willing to travel.