Oceanview Life and Annuity · 6 hours ago
AVP, HEAD INTERNAL AUDIT
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$158K/yr - $200K/yr
10+ years expOceanview Life and Annuity Company is a financial services provider dedicated to empowering individuals toward a financially secure retirement. They are seeking a highly experienced Internal Audit professional to lead the Internal Audit Function, ensuring the effectiveness of internal controls and compliance with laws and regulations.
InsuranceLife InsuranceRetirementRisk Management
Responsibilities
Manage the development of a comprehensive internal audit plan for the Oceanview group which will evaluate the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company assets, and comply with laws and regulations
Ensure timely and effective execution of audits across all business areas, including finance, policy administration, operations, IT, and compliance
Ensure audits effectively and timely identify control weaknesses, inefficiencies, and opportunities for improvement
Ensure the company’s internal audit processes are in compliance with applicable laws, regulations, and industry standards
Work closely with senior leadership to assess and prioritize emerging risks, regulatory changes, and other factors impacting the company’s risk profile
Review the design and operational effectiveness of internal controls, providing insights into areas requiring strengthening
Identify audit issues and root causes, present findings to management, and identify needed improvements to reduce identified risks
Prepare audit deliverables including planning memos, walkthroughs, testing workpapers, and issues testing
Lead technology compliance audits required by regulators, collaborating with Oceanview’s asset manager’s IT security team
Assist in management in SOX controls testing
Prepare and present Internal Audit reports to the Audit Committee
Assist with responses to regulatory inquiries as they relate to internal audit matters
Qualification
Required
Strong knowledge of Internal Auditing methodologies, standards, tools, and processes
Extensive knowledge of insurance operations, industry regulations, and emerging risks facing the industry
Proven experience in leading and managing audit teams, ideally in a complex, multi-faceted organization
Strong understanding of internal controls, risk management, financial reporting, and regulatory compliance in the insurance industry
Ability to develop and implement audit plans, with a focus on risk-based auditing and efficiency
Excellent leadership, communication, and interpersonal skills, with the ability to influence and work collaboratively with senior leadership, audit committees, and external stakeholders
Analytical and critical thinking skills, with the ability to address complex audit issues and provide actionable recommendations
Experience using technology and automation tools to enhance audit testing and data analytics
Advanced process design and project management skills
Dedicated team player with strong work ethic; quick learner, energetic and engaging
Attention to detail to ensure the accuracy of reports and correspondence
Ability to handle multiple projects and adapt to an ever-changing environment
Excellent communication, organizational, and presentation skills
Self-starter possessing a high degree of personal and professional leadership
Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A master's degree is a plus
10 years or more of experience in internal and/or external audit
Experience in the insurance industry or financial services industry is a plus
Strong track record of delivering on audits and/or process improvement projects
Highly analytical, with a passion for redefining the way internal audits are executed
Preferred
Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Chartered Accountant (CA), or Certified Information Systems Auditor (CISA) are highly desirable
Familiarity with relevant frameworks (e.g. COSO, ISO)
Benefits
Eligible for a discretionary year-end bonus.
Company
Oceanview Life and Annuity
At Oceanview Life and Annuity Company, we believe your journey toward a financially secure retirement should be straightforward and supported by a trusted partner.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
William Egan
Chairman and Chief Executive Officer
Pete Rock
Chief Compliance Officer
Recent News
2023-12-13
Company data provided by crunchbase