VP Internal Audit

VP Internal Audit

By joining Sedgwick, you'll be part of something truly meaningful. It's what our 33,000 colleagues do every day for people around the world who are facing the unexpected. We invite you to grow your career with us, experience our caring culture, and enjoy work-life balance. Here, there's no limit to what you can achieve. Newsweek Recognizes Sedgwick as America's Greatest Workplaces National Top Companies Certified as a Great Place to Work Fortune Best Workplaces in Financial Services & Insurance

Primary Purpose Of The Role :

Ensures the global plan of coverage for all financial, technological, and operational related risks are properly planned and assess where and when audit resources are required through close work with business and country leaders, and other compliance functions globally and within each country.

Essential Responsibilities May Include :

• Leads the identification and completion of operational, IT, and financial audit activities ensuring coverage for assigned areas to address high risk, working with senior management and all levels of the organization.
• Analyzes and directs the most appropriate manner to address risks.
• Actively evaluates for effective and efficient methods, actions and monitoring to expand the scope of audit review and company controls compliance utilizing all resources available.
• Oversees audit project supervisory reviews are completed; a robust and action-oriented quality assessment review program is effective, and enhanced as general accepted standards are updated.
• Evaluates the client requirements and gains agreement of understanding with senior management for conducting external assessments.
• Partners with procurement to manage costs, identify practices to create efficiencies for the company and leverage costs incurred; creates budget requirements and monitors services to remain on budget.
• Partners directly with executive management, industry experts and peers to continually enhance the company-wide evaluation of enterprise risks, evaluating best practices for addressing high-risk business impacting projects.
• Challenges how audit resources are deployed, prepares reports and updates for senior management and the Audit Committee of the Board of Directors.
• Provides external auditors with staff augmentation for completion of financial statement audit testing.
• Directs the staff to provide company-wide evaluation of an enterprise risk assessment for annual and continuous risk assessment procedures to ensure the audit plan includes high-risk business impacting projects.
• Ensures that risks and risk mitigation needs are clearly presented with appropriate level of importance and agreed to by management with timely follow-up to ensure controls are implemented.
• Conducts training and awareness for Client Service Directors / Operations and addresses client questions and concern.
• Monitors emerging legislative, regulatory, and administrative developments and provides operations with practical guidance and support on new compliance requirements.
• Develops communications and presents to Sedgwick committees, executive management, and board of directors on the operation and progress of compliance efforts and areas of company risk.
• Supports RFP responses and contract negotiation with respect to internal controls and reporting on compliance matters.
• Partners with governance functions on compliance investigations into alleged violations of Sedgwick's code of conduct; monitors the progress of investigations and ensures that the company takes appropriate remediation measures where appropriate. Escalates significant items for corporate-level review.

Supervisory Responsibilities May Include :

Qualifications :

Skills & Knowledge :

Work Environment :

The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description. They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.

Sedgwick is an Equal Opportunity Employer and a Drug-Free Workplace. If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, consider applying for it anyway! Sedgwick is building a diverse, equitable, and inclusive workplace and recognizes that each person possesses a unique combination of skills, knowledge, and experience. You may be just the right candidate for this or other roles.

Sedgwick is the world's leading risk and claims administration partner, which helps clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration, and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. For more, see sedgwick.com