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Sompo · 2 days ago

Auditor

Morristown, NJ

Full-time

Onsite

Entry Level

$75K/yr - $95K/yr

1+ years exp

Sompo is seeking an Internal Auditor to join their Internal Audit team. The role involves executing internal audits focused on North American insurance operations and collaborating with management across multiple business units.

Health InsuranceInsuranceRisk Management

H1B Sponsor Likely

Responsibilities

Contribute to the execution of the internal audit plan, participating in operational, financial, and regulatory audits as well as other areas of the audit plan

Responsible for preparing, maintaining, and updating work papers in TeamMate, the audit tool, with high quality and in accordance with the Internal Audit Professional Practices standards

Perform testing of processes, controls, and transactions to ensure compliance with company policies and regulations

Assist with the execution of financial controls testing

Assist the audit lead in developing actionable recommendations that improve operations, controls, and how the business is managed

Effectively communicate audit observations, internal control deficiencies, and recommendations with management

Prepare clear and concise written audit observations for reporting

Work with internal audit team members in other office locations on group-wide audits as required

Collaborate and develop strong relationships with business units and operational areas, and continue to develop the organization’s appreciation for a strong internal control environment

Monitor and follow up on the status of management action plans addressing the reported internal audit observations of areas of responsibility through regular interactions with business contacts

Validate implementation of management action plans by reviewing and examining the evidence provided by the business

Participate in ongoing training to enhance auditing, risk assessment, and insurance industry knowledge

Stay updated on regulatory and industry changes that may impact the business

Participate in department data analytics initiatives and work with business leaders to facilitate continuous monitoring

Utilize auditor judgment and professional scepticism in decision-making

Perform additional assignments or ad-hoc tasks as directed, while completing activities within the established timelines

Qualification

Internal/External audit experienceFinancial controls testingRisk assessmentSOX 404 exposureAnalytical skillsTeam collaborationEffective communicationMicrosoft Office SuiteArtificial Intelligence toolsCIACPA certificationSpanish languagePortuguese languageJapanese language

Required

Basic understanding of auditing principles and practices

Familiarity with financial controls and risk assessment processes

Ability to work collaboratively in a team environment

Ability to develop and maintain strong working relationships with management

Ability to be a critical thinker to identify and analyze exposures, recognize areas of concern, and develop appropriate solutions

Strong attention to detail, analytical, problem-solving, and interpersonal skills required

Effective communication skills, both written and verbal

Ability to effectively negotiate and present audit results to all levels of management

Ability to manage time effectively and handle multiple tasks

Working knowledge of Microsoft Office Suite (Word, Excel, PowerPoint)

A strong work ethic and ability to work independently or as part of a team

Willingness to learn and adapt to new challenges

BS or BA in Business, Finance, Accounting, or a related field

Up to 15% travel required to other Sompo office locations

Preferred

1-3 years of Internal/External audit experience, internship, or coursework in auditing, accounting, financial analysis, or risk management preferred

Exposure to SOX 404 and financial control testing is a plus

Knowledge around Artificial Intelligence tools is a plus

CIA or CPA preferred; however, progress towards the completion of industry-relevant qualifications will be considered

Additional language skills (Spanish, Portuguese, and/or Japanese) are desirable but not required

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

Company

Sompo

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.

Founded in 1999

Hamilton, Hamilton, BMU

5001-10000 employees

https://www.sompo-intl.com/

H1B Sponsorship

Sompo has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (12)

2024 (13)

2023 (19)

2022 (28)

2021 (5)

2020 (12)