As a Process Risk Manager (Insurance), you will get the opportunity to grow and contribute to our clients' business needs by helping them understand their business risks and assist in addressing risk in both proactive and responsive contexts for the Risk, Compliance & Controls Practice – all with the resources, environment, and support to help you excel.
From day one, you’ll be empowered by the greater Risk team to help clients make the moves that will help them achieve their vision and help you achieve more, confidently, including work with insurance and other financial services organizations
Your day-to-day may include:
- Review operational, financial, and technology processes to provide clients with an assessment of business risk, internal control, and the overall effectiveness and efficiency of the processes
- Lead reviews across the broader insurance operating model, including underwriting, policy administration, distribution, premium and billing, claims, reinsurance, actuarial and reserving, finance, and regulatory reporting.
- Manage the development and execution of Sarbanes-Oxley (SOX) compliance and internal control over financial reporting programs for clients
- Manage the development and execution of internal audit outsourcing and co-sourcing engagements for clients, including insurance organizations with complex operational and regulatory environments
- Manage the risk identification process and evaluation and testing of business processes and related controls
- Leverage analytics and automation solutions to deliver client services efficiently and effectively
- Maintain a good working relationship with clients and work effectively with client management and staff at all levels
- Work closely with clients and staff to develop client and project risk assessments, implement opportunities, and recommendations regarding process optimization, profit improvement, cost reduction, fraud prevention, internal control, and compliance
- Perform engagement management responsibilities, including performance reviews, task delegation, project scheduling, project financials, quality review and client management
- Actively participate in business development activities, such as developing new business relationships, contributing to / leading proposals, participating on client account teams, developing whitepapers and/or other thought leadership material, and attending conferences
- Understand and manage firm risk on proposals and client engagements
- Manage, develop, train, coach and mentor staff on projects and assess performance for engagement and year-end reviews
- Other duties as assigned
You have the following technical skills and qualifications:
- Bachelor’s degree in Accounting, Finance, Information Technology, MIS, or a related field is required
- Minimum 5+ years of related work experience in a similar consulting practice or function servicing cross-industry clients at a national level
- Experience serving insurance organizations, preferably property and casualty carriers, reinsurers, brokers, managing general agents, or third-party administrators, is preferred.
- Certification required, CPA, CISA, CISSP, CIA or CISM preferred
- Sarbanes-Oxley compliance and internal audit experience preferred
- Experience performing financial, operational, and system audits, as well as business process control reviews
- Ability to execute multiple engagements and completing priorities in a rapidly growing team environment
- Experience with analytics and/or automation software and an understanding of the impact of technology
- Exceptional client service, communication, analytical, organizational and project management skills
- Can travel as needed
- The base salary range for this position is between $138,000 and $172,500. Placement within the pay range is at Grant Thornton’s discretion, and it is based on multiple factors, including but not limited to, job -related knowledge/skills, experience, business needs, progression within the role, geographic location, and internal equity. At Grant Thornton, compensation decisions are dependent upon the facts and circumstances of each position and candidate.
#LI-CL2
Skills Required
- Bachelor’s degree in Accounting, Finance, Information Technology, MIS, or a related field
- At least 5 years of related experience in a similar consulting practice or function serving cross-industry clients
- Professional certification
- CPA, CISA, CISSP, CIA, or CISM certification
- Experience serving insurance organizations, preferably property and casualty carriers, reinsurers, brokers, managing general agents, or third-party administrators
- Sarbanes-Oxley compliance and internal audit experience
- Experience performing financial, operational, and systems audits and business process control reviews
- Ability to manage multiple engagements and priorities in a rapidly growing team environment
- Experience with analytics or automation software and understanding of technology impacts
- Exceptional client service, communication, analytical, organizational, and project management skills
- Ability to travel as needed
What We Do
Forget what you think you know about professional services. We go beyond what’s expected and help others do the same. Grant Thornton is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading independent audit, tax and advisory firms. That means our network has more than 60,000 professionals in more than 135 countries who are ready to help public and private organizations of all sizes take on today’s challenges. But what sets us apart isn’t just what we do – it’s how we do it. Here, we believe in making business more personal and building trust into every result. We’re collaborators – obsessed with quality and ready for anything – who understand the value of strong relationships. It’s how we challenge the expectations of business and empower our people and clients to do it, too. One thing we won’t do? Grant Thornton LLP will never request money or any form of payment for services via social media. Please report any concerns at 1-800-810-3503. "Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grantthornton.com for further details.
