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Jnr - Internal Audit - Financial Services - NJ/CT

  • Location:

    Princeton

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Up to US$90000 per annum

  • Contact:

    Isabella Kopilak

  • Contact email:

    Isabella.Kopilak@oliverjames.com

  • Job ref:

    JOB-052024-248068_1716317983

  • Published:

    7 months ago

  • Expiry date:

    2024-06-20

  • Startdate:

    ASAP

The Opportunity

  • Future focused and always one step ahead
  • This position is responsible for conducting client reviews to verify compliance with contract terms; evaluate accuracy and reliability of reported premium and loss information

Responsibilities:

  • Prepare and complete audits & analyses with limited guidance, including the identification of control deficiencies, development of action plans, and communication of results.
  • Complete routine audits, projects and data analysis with limited guidance.
  • Recommend action plans to address audit issues with limited guidance.
  • Communicate results and recommendations to audit staff & internal and external clients.
  • Assist in educating underwriters, account managers, underwriting accounting and claims personnel about how accounts reviewed are being processed by MGAs and/or ceding companies.
  • Lead other auditors on specific accounts/projects, with guidance.
  • Identify control deficiencies & operational issues requiring corrections, monitoring or other action plans.
  • Review other team member's audit work and provide constructive feedback as needed. Coach less experienced employees as needed.
  • Participate in Account Services presentations to prepare and present results/topics to clients.
  • Develop and maintain working knowledge of Generally Accepted Accounting Principles, Generally Accepted Auditing Standards and Statutory Accounting Principles, including a good understanding of audit controls and accounting treatment for insurance transactions.


Qualifications:

  • Successful candidates will possess the following experience, skills, and capabilities:
  • Bachelors Degree, major in accounting preferred.
  • Minimum 4 years accounting experience with a least 2 years auditing experience in the P&C industry.
  • Pursuing ARe designation.
  • Understands the underwriting, premium and loss cycle of a primary company or MGA.
  • Strong working knowledge of applications such as Word, Excel, Access, and ACL.
  • Excellent interpersonal and good leadership skills.
  • Excellent oral and written communication skills.
  • Position requires 25-30% scheduled travel and may require irregular work hours.

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