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DescriptionThe Internal Auditor (Hybrid) is responsible for performing value add independent and objective assurance and consulting engagements designed to assist divisions and the organization in achieving goals & objectives and improve operations, through the implementation of audit tools to gain insights, efficiencies, and effectiveness.
Duties & Responsibilities
Attend engagement planning meetings.
Assist in the performance of engagement level risk assessments to determine scope of engagement.
Assist in the planning of engagements.
Research best practices, laws and regulations, and company policies and procedures relating to the engagement topic.
Develop engagement programs and related testing for the performance of the engagements.
Perform fieldwork, including thorough and accurate documentation of results of testing.
Document observations and recommendations for reporting in the internal audit report.
Promote continuous improvement in internal controls and develop potential opportunities for improvement for reporting to engagement customer.
Draft engagement reports for issuance to engagement customer.
Attend meetings held with engagement customers, while auditor in charge presents draft reports.
Perform NYSDFS Regulation 118 testing.
Perform audits of Underwriting, Claims, and Customer Service Quality Assurance reviews to verify accuracy and compliance with NYSDFS Laws & Regulations.
Identify ways to apply technology tools available during the planning and performance of every engagement, in order to gain efficiencies.
Keep current and enhance audit knowledge through relevant reading and Webinars.
Keep current with The Institute of the Internal Auditors (IIA) Standards.
Attend continuing professional education courses and Webinars for compliance with certification or licensing requirements, if applicable.
Other duties as assigned.
Requirements
High School Diploma
Internal or external audit experience commensurate with an associate degree.
Skills & Qualifications
Computer proficiency and technical aptitude with programs such as Lotus Notes and Microsoft Office.
NYCM Insurance is a property and casualty insurance company located in central New York that employs over 800 personnel. The company was founded in 1899 by VanNess DeMar Robinson.
An Internal Auditor, or IA, is responsible for keeping their employer accountable regarding internal company procedures and industry rules. Their duties include studying accounting records, preparing compliance reports and supervising company workflows.
With a team of over 880 employees, and a network of over 1,400 independent agents, NYCM is dedicated to providing superior service and a quality customer experience.
Head Internal Audit salary in India with less than 7 year of experience to 25 years ranges from ₹ 10.1 Lakhs to ₹ 95.0 Lakhs with an average annual salary of ₹ 40.7 Lakhs based on 591 latest salaries.
Although internal auditing offers a better work life balance than external auditing — not to mention being lucrative, with plenty of room for career growth — the ebbs and flows of the role can be stressful.
Our health system provides essential services to more than one million New Yorkers every year in more than 70 locations across the city's five boroughs. Our diverse workforce of more than 43,000 employees is uniquely focused on empowering New Yorkers, without exception, to live the healthiest life possible.
Number of employees in the insurance industry in the U.S. 1960-2022. In 2022, there were approximately 2.9 million people employees in the insurance sector in the United States.
Introduction: My name is Terence Hammes MD, I am a inexpensive, energetic, jolly, faithful, cheerful, proud, rich person who loves writing and wants to share my knowledge and understanding with you.
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