• Location: Boston MA
• Type: Perm
• Job #24910

Company Overview:
A leading global investment firm with approximately $504 billion in assets under management is seeking to fill an Audit Lead for its Internal Audit Department. The role involves leading audit projects and providing assurance and consulting services to enhance the firm's internal control environment.

Job Responsibilities:

• Leading the insurance internal audit practice and overseeing the execution of the insurance internal audit plan
• Managing a team of 4 audit professionals focused on insurance operations and compliance
• Overseeing Internal Audit projects and reporting to Managers located in New York
• Managing audit-based aspects of U.S. insurance regulatory regimes, including state insurance departments, NAIC requirements, and federal oversight bodies
• Helping drive the strategic direction and tactical execution of the risk-based Internal Audit Plan and risk assessment process
• Executing internal audits by identifying and assessing the relevant financial, operational, legal/regulatory, and IT risks—including testing the design and effectiveness of mitigating controls
• Collaborating on consulting engagements and special projects/analyses requested ad hoc by Management
• Developing process narratives, audit programs, and test procedures for assigned projects
• Partnering with firm management to develop and implement corrective action plans in response to Internal Audit recommendations, best practices, and/or process improvements
• Preparing audit reports and presenting recommended enhancements to Management
• Maintaining awareness and knowledge of regulations in the insurance industry, general accounting principles, internal audit best practices, and best practices common in our businesses

Qualifications:

• Bachelor's degree from an accredited four-year university
• 10+ years of working experience, with experience at a Big 4 accounting or financial services firm being a strong plus
• Knowledgeable in insurance processes/risk (underwriting, claims, reserving, reinsurance, actuarial, investment management, etc.)
• Relevant experience with insurance regulatory compliance and reporting requirements
• Professional certifications are a merit (e.g., CIA, CPA, CPCU, CLU, or other insurance designations)
• Proficiency in Microsoft Office software (i.e., Excel, Word, PowerPoint)

Compensation:
Salary: $150,000 – $200,000, Plus Bonus