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AXA XL · 7 hours ago

Internal Control Analyst - Risk

Hartford, CT

Full-time

Onsite

Mid Level

$63K/yr - $99K/yr

AXA XL is a leading provider of insurance and risk management solutions. The Internal Control Analyst will support risk-related activities across the Americas, focusing on maintaining the internal control framework and assessing operational risks. This role involves collaboration with various stakeholders to ensure effective risk management processes are in place.

ConsultingCustomer ServiceFinanceInsurance

Comp. & Benefits

No H1B

Responsibilities

Working effectively with experienced and market leading subject matter experts to support ERM processes for the Americas. This will include working closely with several ERM Centers of Excellence to ensure we apply the right risk insights and methodologies and provide real challenge within our risk management processes

Maintaining and improving the Americas internal control framework: Ensuring that key internal controls are defined, implemented, documented, assessed, and monitored in order to properly address identified risks

Perform Design Effectiveness Testing (DET) and Operating Effectiveness Testing (OET) of key controls, ensuring no duplication in control design and facilitate the closure of relevant action plans

Report on identified control deficiencies to relevant stakeholders, and liaise regularly to monitor remediation progress

Support first-line stakeholders in completing attestation activities (e.g., Quarterly Control Evaluation and Annual Attestation) and provide internal control training to enhance their understanding and execution of control responsibilities

Identifying and assessing operational risks impacting the Americas: Coordinating the annual Operational Risk Assessment with local Risk Owners

Cooperating with various Americas Risk Owners on the reporting of operational risk events and incidents (OPERA) as well as ensuring that these incidents are followed-up and closed

Organizing OPERA training sessions for Risk Owners and other key functions within the Americas

Assisting with information risk management reviews focused on Americas Acceleration, leveraging local knowledge

Supporting the Americas CRO and Risk Management team with some annual risk activities such as the ORSA, the approval of Solvency II policies and the production of other regulatory risk reports

Qualification

Risk ManagementInternal Control FrameworkOperational Risk AssessmentData InterpretationCompliance ExperienceInsurance QualificationEffective CommunicationProblem SolvingTeam CollaborationAttention to DetailAdaptability

Required

Proven experience of working in Risk, Compliance or Internal Audit for an insurance company

Experience in assimilating significant amounts of information for problem solving

Effective analysis skills (both quantitative and qualitative)

Clear communication, written and presentation, will be important for presenting results and solutions

Thorough data interpretation skills and attention to detail are a must to ensure production of high quality and reliable analyses

You will be working in a dynamic, geographically dispersed team so you will need to be highly adaptable and comfortable both working on your own initiative and as a keen team player