MSIG USA continues to grow!
Company Overview:
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.
Summary/Job
The Senior Internal Auditor’s primary focus is to provide an independent, objective assurance and consulting activity to add value to the company. The Senior Internal Auditor will analyze risks, operations and financial reliability and drive actions to address those risks to improve the organization’s operations. In addition, the Senior Internal Auditor will determine if the Company’s network of risk management, control, technology and governance processes are satisfactory and meet the needs of the business as well as regulatory authorities. The Internal Auditor will also be responsible for undertaking a range of internal audit activities from initial planning through the audit report
The role will follow a hybrid work schedule of 4 days in the office
Essential Functions:
Perform, under supervision of management, risk-based audits including analyses of risk management, operations effectiveness, financial reliability and compliance with all applicable directives and regulations.
Ensure compliance with established internal control procedures by examining records, reports, operating practices and documentation.
Identify gaps in internal controls and recommend risk mitigation measures and cost savings to strengthen internal controls and improve business processes.
Prepares audit work papers which includes planning memos, risk assessment matrices and conclusions on test work, etc.
Prepare and present reports that reflect business description, process flows, key internal controls, as well as, issues, root cause, and remediation.
Ensure audit findings are discussed with management and appropriately tracked through remediation.
Maintain effective relationships with business units and management to enhance the audit process.
Effectively monitors own performance to manage work requirements and budget to meet assigned initiatives.
Act as an objective source of independent advice to ensure validity and risk mitigation.
Engage in continuous knowledge development regarding regulations, best practices, tools, techniques, performance standards and the Institute of Internal Auditors’ International Professional Practices Framework (IPPF).
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience Required:
Bachelor’s degree from an accredited institution is required.
CPA, CIA, CISA or CRMA is preferred.
Minimum of 3-5 years of audit related experience.
Experience in the Property &Casualty (P&C) insurance industry is preferred.
Understanding of finance and operation internal controls and internal audit methodology as well as SOX/MARSOX compliance requirements.
Ability to utilize critical thinking by applying process analysis, business intelligence, and problem solving techniques
Other Qualifications Required:
10% Domestic travel is required.
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Salary: The base pay range is $95-$130K . Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
Additional Benefits:
- Healthcare and Retirement Benefits
- Comprehensive medical, dental, and vision coverage
- 401(k) with a generous employer match and profit-sharing contribution
- Wellness incentive program
- Life and accidental death and dismemberment (AD&D) insurance
- Flexible spending programs
- Short-term and long-term disability plans
Additional Benefit Programs
- Paid time off program
- Paid charitable leave
- Paid parental leave
- Tuition reimbursement program
- Personal insurance (auto/homeowners) discounts
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It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
What We Do
MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico. MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc
