POSITION SUMMARY:
The Internal Audit Lead II 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 respective branch offices across the globe.
PRINCIPAL ACCOUNTABILITIES:
Plan and conduct various internal audit engagements across the RenaissanceRe Group including initiating the planning process, coordinating information gathering, researching applicable operational and regulatory requirements for the relevant engagement and drafting the audit report.
Provide value-added process improvement recommendations to business units/functions.
Working knowledge of the regulatory regime and framework applicable to the platform for which you work and apply such knowledge to the internal audit engagements assigned, as applicable.
Conduct internal controls testing to support compliance with Section 404 of Sarbanes-Oxley.
Effectively manage and interact with external auditors and third party internal audit service providers, as applicable.
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 as needed.
QUALIFICATIONS, SKILLS & EXPERIENCE:
A Bachelor’s degree, in Accounting or Finance preferred.
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.
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.
A strong understanding of internal controls and previous Sarbanes-Oxley testing experience, preferably within the (re)insurance/financial services 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.
Attention to detail with ability to identify potential issues and appropriate escalation for resolution.
Proactively identifies resources, actions and timelines needed to achieve objectives.
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.
Responds to and troubleshoots moderate to highly complex inquiries/issues, both internally and externally.
Ability to prioritize responsibilities making effective use of time whilst remaining flexible to changing work needs/demands
Experience in data analytics advantageous.
Strong computer skills.
Be able and willing to travel.
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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.
Top Skills
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving.
Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval.
We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild.
Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives.
RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
