AVP, Internal Audit Manager

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

POSITION SUMMARY:

The AVP, Internal Audit Manager is responsible for, but not limited to planning and conducting assigned internal audit activities across the RenaissanceRe Group. 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 and conduct various internal audit engagements across the RenaissanceRe Group.

• Assist with the development and management of the annual risk-based audit plan for RenaissanceRe Group and its subsidiaries.

• Assist with the preparation of Audit Committee materials for the RenaissanceRe Group and its subsidiaries.

• Provide value-added process improvement recommendations to business units/functions, including consideration of the broader RenaissanceRe Group 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.

• Lead internal controls testing to support compliance with Section 404 of Sarbanes-Oxley, which include responsibility for performance and review of testing.

• Effectively manages Internal Audit staff providing appropriate delegation and oversight.

• Effectively manage interactions with external auditors and third-party internal audit service providers

• Monitor and report progress on 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 essential, preferred in Accounting or Finance.

• An accounting designation required (CA, ACCA, CPA or ACA).

• CIA preferred or currently pursuing the CIA designation.

• At least 2 to 5 years of relevant prior experience, either in the (re)insurance/financial services industry or as part of a professional services firm.

• Fully proficient and has an in-depth knowledge of US GAAP and IFRS, as well as other relevant regulatory and compliance requirements, including BMA Solvency and Capital Requirements, Solvency II, Lloyd’s Principles, NAIC statutory reporting requirements, SEC reporting requirements, etc.

• Experienced in performing or managing internal audits in the (re)insurance markets, including in regulatory and compliance related requirements.

• An excellent understanding of internal controls and previous Sarbanes-Oxley testing experience in the (re)insurance industry.

• Fully proficient, has in-depth knowledge, works independently on moderate to high complex matters.

• Utilises solid technical competence to achieve exemplary results and to manage and resolve issues.

• Seeks out and explores new assignments, exposure or challenges in order to enhance technical skills.

• Meets industry standards routinely and offers improvement suggestions.

• Attention to detail with ability to identify potential issues and appropriate escalation for resolution.

• Proactively identifies resources, actions and timelines needed to achieve objectives.

• Delegates responsibilities where appropriate, and follows up to ensure results are delivered.

• 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.

• Shares resources appropriately and balances the needs of the total department with individual goals and priorities.

• Conveys points of view/positions in a way that influences opinions, and demonstrates flexibility in adapting personal style to different individuals.

• Proactively shares relevant information to keep others in the loop on important issues, updates, priorities, new developments and results.

• Makes improvements of processes, systems, products or solutions to enhance performance of the department or job area.

• Provides regular coaching and feedback; recognises high performance.

• Sees and demonstrates the value of ongoing training and development by sharing knowledge and teaching and applying new skills.

• Responds to and troubleshoots moderate to highly complex inquiries/issues, both internally and externally.

• Applies knowledge globally.

• Ability to prioritize responsibilities making effective use of time and resources whilst remaining flexible to changing work needs/demands.

• Experience in data analytics advantageous.

• Strong computer skills.

• Be able and willing to travel.

We are an equal opportunity employer.  We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.