Mgr Audit - Op/Fin

Travelers Insurance
24 Apr 2019
27 Apr 2019
Job role
Contract type
Full time
Company Information
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Summary
Under general supervision, responsible for executing all aspects of audits of operational and financial functions across the company. Through assessment of the entity's control environment, identifies areas for improvement and recommends corrective actions to the business. Provides training and coaching to team members throughout audit engagements and other projects. This job is a team lead.

Primary Job Duties & Responsibilities
Plans, leads and ensures execution of the audits of various company business functions, incorporating an understanding of business processes, risk assessment techniques, GAAP and statutory accounting principles, and generally accepted accounting and auditing standards. Leads Sarbanes–Oxley compliance reviews and performs business monitoring. Develops audit plans, programs and specific tests to evaluate control areas. Has supervisory responsibility for review of work performed and acts as a lead reviewer to manage audit projects. Independently assesses the effectiveness of controls, determines the potential impact of any control failure and recommends corrective action to the business. Prepares documentation in adherence to internal audit professional standards, best practices and Corporate Audit's methodology. Reviews workpapers to determine completion and adherence to standards. Writes audit reports with minimal supervision. Performs regular business monitoring of Traveler's business functions by maintaining ongoing relationships with key members of business management, attending meetings and reviewing documentation. Monitors the status of existing corrective actions and schedules validation of completed corrective actions. Ensures that all parts of each audit are completed, in addition to monitoring and reporting time incurred versus time budgeted. Identifies emerging industry issues and assesses any implications for the company. Assists the Program Director with preparation of the quarterly audit results summary presented to business management. The summary includes the results of recent audits and the status of issues and corrective action plans. Proactively trains and develops staff in the application of various audit and risk assessment techniques and accounting principles as well as coaches team members to enhance their capabilities and career development. Consistently adheres to internal audit professional standards, best practices and Corporate Audit's methodology. Performs other duties as assigned.

Minimum Qualifications
BA/BS in business–related field. Certified Public Accountant, Certified Internal Auditor or related certification.

Education, Work Experience & Knowledge
5+ years of work experience in either audit or property casualty business. Thorough knowledge of risk assessment and accounting and auditing principles.

Job Specific & Technical Skills & Competencies
Technical Competence: Advanced knowledge of insurance business, accounting, systems and products. Intermediate understanding of the relationships between financial, operational and technology risks and controls as well as the insurance industry. Intermediate knowledge of Sarbanes–Oxley requirements. Intermediate understanding of the audit cycle, universe, plan and schedule, including business monitoring and SOX validation. Advanced skills with commonly used office software including: MS Office, email and the Internet. Intermediate ability to evaluate the materiality of issues and see the big picture . Ability to utilize critical thinking by applying process analysis, business intelligence, and problem solving techniques. Ability to leverage CAATs to improve audit test efficiencies and effectiveness. Leadership: Advanced ability to work on multiple projects concurrently. Advanced ability to streamline work processes and assist in the development of department standards. Openness to influence, flexibility and self–awareness. Ability to act as a role model and motivate others to take initiative and use intuitive thinking. Ability to embrace change and drive improvement and innovation. Communication: Ability to express ideas clearly and concisely; disseminate information about decisions, plans and activities. Ability to articulate messages to business management through formal and informal presentations. Advanced ability to write and edit clear and concise work papers and reports. Build Relationships: Ability to build productive working relationships with co–workers, business management and external parties. Team Building: Ability to successfully coordinate and direct team members including integrating specialists. Ability to mentor the more junior team members in auditing techniques, principles and the business.

Environmental/Work Schedules/Other
1 Travel up to (15%)

Physical Requirements
1 Operates standard office equipment (Continuously) 1 Sitting (can stand at will) (Continuously) 1 Use of Keyboards, Sporadic 10–Key (Continuously)

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.
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