Senior Internal Auditor

RenaissanceRe

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

POSITION SUMMARY:

The Internal Audit Lead II is responsible for but not limited to planning and conducting assigned internal audit activities across the RenaissanceRe Group. This role assists with internal audit activities across the Companys offices including Bermuda the U.K. the U.S. Switzerland and Ireland and our respective branch offices across the globe.

PRINCIPAL ACCOUNTABILITIES:

  • Plan and conduct various internal audit engagements across the RenaissanceRe Group including initiating the planning process coordinating information gathering researching applicable operational and regulatory requirements for the relevant engagement and drafting the audit report.

  • Provide value-added process improvement recommendations to business units/functions.

  • Working knowledge of the regulatory regime and framework applicable to the platform for which you work and apply such knowledge to the internal audit engagements assigned as applicable.

  • Conduct internal controls testing to support compliance with Section 404 of Sarbanes-Oxley.

  • Effectively manage and interact with external auditors and third party internal audit service providers as applicable.

  • Monitor and report progress on the implementation of management action plans.

  • Perform ad-hoc internal audit projects and provide support to the Global Audit team as needed.

QUALIFICATIONS SKILLS & EXPERIENCE:

  • A Bachelors degree in Accounting or Finance preferred.

  • An accounting designation required (CA ACCA CPA or ACA).

  • CIA preferred or currently pursuing the CIA designation.

  • At least2 to 5yearsof relevant prior experience either in the (re)insurance/financial services industry or as part of a professional services firm.

  • An in-depth knowledge of US GAAP and IFRS as well as other relevant regulatory and compliance requirements including BMA Solvency and Capital Requirements Solvency II Lloyds Principles NAIC statutory reporting requirements SEC reporting requirements etc.

  • A strong understanding of internal controls and previous Sarbanes-Oxley testing experience preferably within the (re)insurance/financial services industry.

  • Fully proficient has in-depth knowledge works independently on moderate to high complex matters.

  • Utilises solid technical competence to achieve exemplary results and to manage and resolve issues.

  • Attention to detail with ability to identify potential issues and appropriate escalation for resolution.

  • Proactively identifies resources actions and timelines needed to achieve objectives.

  • Shares resources appropriately and balances the needs of the total department with individual goals and priorities.

  • Conveys points of view/positions in a way that influencesopinions anddemonstrates flexibility in adapting personal style to different individuals.

  • Proactively shares relevant information to keep others in the loop on important issues updates priorities new developments and results.

  • Makes improvements of processes systems products or solutions to enhance performance of the department or job area.

  • Responds to and troubleshoots moderate to highly complex inquiries/issues both internally and externally.

  • Ability to prioritize responsibilities making effective use of time whilst remaining flexible to changing work needs/demands

  • Experience in data analytics advantageous.

  • Strong computer skills.

  • Be able and willing to travel.

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We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race colour religion national origin age sex sexual orientation gender identity marital status pregnancy disability military status or other legally protected categories.


Our people are our most valuable resource and core to our success. This is a fast-paced business environment demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits a comprehensive talent development program and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program global and local community grants and employee volunteerism.

We seek diversity create equity and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race color religion national origin sex sexual orientation gender identity marital status pregnancy disability military status or other legally protected categories.


Required Experience:

Senior IC

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk source efficient capital and rapidly pay claims.Our global team shares a passion for s...
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Key Skills

  • Auditing
  • Data Analytics
  • COSO
  • IT Auditing
  • Accounting
  • Visio
  • Analysis Skills
  • COBIT
  • SOX
  • Financial Analysis
  • Financial Modeling
  • Internal Audits

About Company

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If insurers help save for a rainy day, RenaissanceRe Holdings builds an ark. Through its Renaissance Reinsurance subsidiary, the Bermuda-based firm indemnifies insurance companies around the globe against excess losses on natural catastrophes, paying insurance claims after they exceed ... View more

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