Berkley

Senior Financial Auditor

Location Name NC, Greensboro - 7823 National Service Road
ID
2020-4147
Date Posted
6 months ago(8/26/2020 9:44 AM)
Company
WRBC Support Services
Primary Location
US-NC-Greensboro
Loc2
NC, Charlotte - 3436 Toringdon Way
Loc3
CT, Greenwich
Category
Audit

Company Details

WRBC_logo_Update

"Our Company provides a state of predictability which allows brokers and agents to act with confidence."

 

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

 

Along the way, we’ve been listed on the New York Stock Exchange, seen our revenue soar well past $7 billion, and become a well-respected Fortune 500 Company.

 

Today, the Berkley brand comprises 53 Berkley companies worldwide. Still managed by our Executive Chairman, founder and largest shareholder, W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

 

In April 2017, W. R. Berkley Corporation celebrated the 50th anniversary of its founding.

 

 

 

 

 

 

 

Responsibilities

Performs and/or leads high quality, risk-focused audit fieldwork, in accordance with Internal Audit policies, methodologies, and standards in order to identify meaningful issues, risks and other exposures within Finance and Operational areas.  As part of this role, the individual would work closely with operating units both in learning the business and testing controls. This requires both good oral and written communications skills and an ability to be sensitive to the needs of clients and team members. Must be able to keep sensitive information confidential and know how to use appropriately. No direct reports. Demonstrates leadership through work guidance and training of less experienced peers and through advice to operating units.

 

  • Participate in and/or lead audits which includes: contributing to and/or leading the pre-audit planning process, exercising professional skepticism in evaluating and analyzing evidentiary evidence as a base to make an objective decision on the effectiveness of internal controls.
  • Design audit programs or audit steps as it relates to new audits in accordance with professional audit standards
  • Analyze data from Operating Units to identify and interpret trends and patterns to provide meaningful insights in the audit process.
  • Collaborate with internal audit team members to find opportunities to use audit analytics in Internal Audits
  • Gather, analyze and summarize audit information to help the audit team execute audit work.
  • Validate data extracts received from operating units or the corporate technology team, including reconciliation to the general ledger when applicable
  • Partner with operational audit teams to perform audits of financial, operational and other business risk areas for adequate management controls, efficiency, and compliance with policies, regulations and accounting principles
  • Conduct walkthroughs to gain an understanding of the financials and/or operational process(es) being audited.
  • Document all testing in accordance with best practices and the department’s standards.
  • Follow up periodically with the Operating Unit in regards to the action plan progress taken by the operating unit until issue remediation.
  • Complete tasks efficiently (on time, on budget, accurately).
  • Learn new businesses, processes and regulations effectively and quickly.
  • Communicate well with clients and Audit team members.
  • Engage in relevant training regarding audit, businesses, financial controls, regulations or a particular specialty.
  • Must be able to quickly assimilate new information in order to analyze the risks and controls effectively.
  • Identify problems that are not consistent with past audits and begin to structure a solution or remedy to address issue(s).
  • Staff at this level will be expected to own sections of the audit program and bring them to completion with minimal supervision
  • Appropriately analyze control environment and develop effective audit steps to test controls where necessary in line with internal audit methodology.
  • Drive efficiency and effectiveness of financial and operational audit testing and reporting to help manage department costs
  • Work independently and in a team environment to maximize performance
  • Demonstrate leadership through engagement, personal development and fostering a spirit of continual improvement.
  • Participate in special projects as assigned by management.
  • Maintain audit proficiency through self-study, training and professional association memberships.

  

 

Qualifications

Skills

  • Computer proficiency in Microsoft Office Excel and Word is a must; knowledge of PeopleSoft, Hyperion Smart View is a plus,
  • Working knowledge of data analysis software such as ACL, IDEA and dashboard tools such Tableau, Microsoft BI is a plus.
  • Competent analytical, organizational, and communications skills (written and oral).
  • Knowledge of internal controls over financial reporting, a plus.
  • Knowledge of property and casualty insurance industry
  • Knowledge of Institute of Internal Auditors (IIA) Professional Practices Framework, a plus.
  • Relevant knowledge of financial institutions and all applicable regulatory requirements is expected.
  • Should be able to think creatively as well as take direction.
  • Need to display flexible and adaptive problem solving skills due to the variety of operational and technological infrastructures within the Company.

 

Qualifications

  • Requires a Bachelor's in accounting, business administration or finance
  • Some relevant/recent experience in audit analytics and/or continuous audit monitoring programs a plus 
  • Minimum 5 years' experience in Audit and a total of 7-10 years professional work experience. 
  • Professional certification (CPA, CIA or equivalent) preferred.
  • Possess a strong understanding of the audit process with knowledge of internal control expectations including COSO, IIA, GAAP and SOX.
  • Capable of evaluating risks, businesses/processes and data with strong analytical and critical thinking skills, in order to identify potential issues and improvements that add value for the organization.
  • Good analysis, problem resolution and communication skills, both verbal and written. Good time and project management skills, with the ability to prioritize and multitask.
  • A high level of accuracy and attention to detail.

 

Travel

The job will require overnight travel (approximately (30% - 35%) to Operating Unit locations and/or Corporate Home Office.  Travel is mostly within the United States but there is some international travel as well.

 

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