Auditor

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most : our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Internal Auditor to join our Internal Audit team.

This role will provide an independent and objective analysis by participating as a key member of the team in the execution of internal audits, focused on the North American insurance operations. Within the office, the Internal Auditor will interact with members of management across multiple business units (BUs) and operations in North America, Bermuda, and Canada.

Location : This position will be based out of our Purchase, NY or Morristown, NJ office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity :

What you'll be doing :

• Contribute to the execution of the internal audit plan, participating in operational, financial, and regulatory audits as well as other areas of the audit plan.
• Responsible for preparing, maintaining, and updating work papers in TeamMate, the audit tool, with high quality and in accordance with the Internal Audit Professional Practices standards.
• Perform testing of processes, controls, and transactions to ensure compliance with company policies and regulations.
• Assist with the execution of financial controls testing.
• Assist the audit lead in developing actionable recommendations that improve operations, controls, and how the business is managed.
• Effectively communicate audit observations, internal control deficiencies, and recommendations with management.
• Prepare clear and concise written audit observations for reporting.
• Work with internal audit team members in other office locations on group-wide audits as required.
• Collaborate and develop strong relationships with business units and operational areas, and continue to develop the organization's appreciation for a strong internal control environment.
• Monitor and follow up on the status of management action plans addressing the reported internal audit observations of areas of responsibility through regular interactions with business contacts.
• Validate implementation of management action plans by reviewing and examining the evidence provided by the business.
• Participate in ongoing training to enhance auditing, risk assessment, and insurance industry knowledge.
• Stay updated on regulatory and industry changes that may impact the business.
• Participate in department data analytics initiatives and work with business leaders to facilitate continuous monitoring.
• Utilize auditor judgment and professional scepticism in decision-making.
• Perform additional assignments or ad-hoc tasks as directed, while completing activities within the established timelines.

What you'll bring :

Salary Range : $75,000 - $95,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs :

In today's world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.