Senior Auditor
Sompo · Morristown, NJ · 1 mo ago
Hybrid$100k–$120k/yrFull-time
About the role
Sompo’s North America Internal Audit team provides independent, risk-based assurance across the company’s business and functional areas, with this role primarily supporting the reinsurance product line. Reinsurance is a key area of the business, involving complex underwriting, claims, operations, finance, and regulatory considerations that require strong governance, risk management, and internal controls.
What you’ll be doing
- Execute risk-based internal audits across business and functional areas, with a primary focus on reinsurance operations, including underwriting, claims, finance, contract administration, and reporting processes.
- Evaluate the design and operating effectiveness of key controls through walkthroughs, testing, documentation, and application of Internal Audit methodology and professional standards.
- Perform financial and operational control testing over reinsurance-related processes, including premium booking, claims reporting, contract governance, settlements, reconciliations, and related finance activities.
- Identify control gaps, process inefficiencies, emerging risks, and opportunities to strengthen governance, risk management, and operational effectiveness.
- Prepare clear audit reports, communicate findings and recommendations to stakeholders, and support issue remediation through timely follow-up to resolution.
- Build strong relationships with business and functional stakeholders while contributing to continuous improvement through data analytics, automation, and enhanced audit practices.
What You’ll Bring
- Bachelor’s degree in Accounting, Finance, Risk Management, or a related discipline.
- Minimum of 2+ years of insurance or reinsurance experience, with reinsurance experience strongly preferred.
- Prior internal audit, external audit, and/or underwriting audit experience, ideally within reinsurance underwriting, operations, finance, or claims processes.
- Knowledge of insurance regulatory environments, reinsurance market practices, compliance considerations, and M365 tools.
- Strong analytical, organizational, critical thinking, workload management, and independent prioritization skills; CIA or CPA certification is a plus.
Pay
Salary Range: $100,000 – $120,000. 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.
Benefits
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
- Pharmacy benefits with mail order options
- Dental benefits including orthodontia benefits for adults and children
- Vision benefits
- Health Care & Dependent Care Flexible Spending Accounts
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
- Company-paid Disability benefits with very competitive salary continuation payments
- 401(k) Retirement Savings Plan with competitive employer contributions
- Competitive paid-time-off programs, including company-paid holidays
- Competitive Parental Leave Benefits & Adoption Assistance program
- Employee Assistance Program
- Tax-Free Commuter Benefit
- Tuition Reimbursement & Professional Qualification benefits