Internal Auditor
Mitsui Sumitomo Marine Management (U.S.A.), Inc. | Warren, New Jersey | 3/19/2018
Mitsui Sumitomo Insurance Group (MSIG) is one of the world’s top ten property/casualty insurance carriers with over 38,000 employees worldwide. MSIG insures large multinational and domestic companies, and offers comprehensive global insurance programs. Our US subsidiary, Mitsui Sumitomo Marine Management (MSMM), currently has an opportunity available for an Internal Auditor in our Warren, NJ office.
PURPOSE SUMMARY: The Internal Auditor is responsible to work with the Sr. Internal Auditor and Manager to determine if MSMM’s network of risk management, control, technology and governance processes are adequate and meet the needs of the business as well as regulatory authorities.
MAJOR FUNCTIONS:
Audit Management
- Performs the full audit cycle including analyses of risk management, operations effectiveness, financial reliability and compliance with applicable directives and regulations.
- Conducts follow up audits and monitors management’s response to recommended action plan.
- Identifies gaps and recommends risk aversion measures.
- Obtains, analyzes and evaluates accounting documentation, previous reports, data and flowcharts.
- Ensures compliance with established internal control procedures by examining records, reports, operating practices and documentation.
Reporting
- Prepares and presents reports and memorandum that reflect audit results and documents processes.
- Effectively communicates with business units being audited and Internal Audit staff.
Regulatory Compliance
- Engages in continuous knowledge development regarding regulations, best practices, tools, techniques and performance standards.
Education and/or Experience
- Bachelor’s degree is required. Accounting and Finance concentration is preferred.
- 1-3 years related internal audit experience preferably in an insurance company, external audit firm and/or general industry experience.
- Knowledge of GAAP, SOX, COSO, Stat Accounting and/or IPPF is preferred.
- Broad IT knowledge is valuable
Other Skills and Abilities Required:
- Excellent verbal and communication skills.
- Excellent organizational skills.
- High attention to detail and excellent analytical skills.
- Sound, independent judgment.
- Proficient in Excel and Word
- CIA is required or needs to be achieve within a defined timeframe
- 10% Domestic travel is required
Supervisory Responsibilities
This job has no supervisory responsibilities.
JOB OVERVIEW
Pay
Industry
Category
Career Level
Competitive salary, benefits, and 401K!
Risk Management
Experienced (Non-Manager)
Mitsui Sumitomo Marine Management (U.S.A.), Inc. (“MSMM”) is a United States subsidiary of MS & AD Insurance Group Holdings, Inc., one of the world’s top property/casualty insurance carriers with over 38,000 employees in more than 39 countries & regions worldwide.
MSMM manages the business affairs of three U.S. commercial property/casualty insurance companies: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and Aioi Nissay Dowa Insurance Company of America, all rated A+ (Superior) by A.M. Best Company (for the latest rating, access www.ambest.com).
MSMM specializes in providing commercial property and casualty insurance products and related services to customers throughout the U.S.
In joining MSMM, you are becoming part of a worldwide team dedicated to:
- Making a lasting contribution to the enrichment of society by bringing security and safety to people and businesses around the world through the sale and servicing of its insurance products;
- Realizing customer satisfaction by working to provide the finest products and services to consistently meet our clients’ growing needs; and
- Meeting our shareholders’ expectations and strengthening their trust in us by continuously improving our business.
We value each employee’s unique set of skills and contributions and believe that each employee plays an important role in the success of MSMM.
MSIG refers to the MS&AD Insurance Group insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and Aioi Nissay Dowa Insurance Company of America. MS&AD Insurance Group, 15 Independence Boulevard, Warren, P.O. Box 4602, New Jersey 07059-0602.
© MSIG Holdings (Americas), Inc. All rights reserved.