Auditor
Full Time
Job Description
- Prepare and analyze the Company’s financial statements. These include quarterly and annual statements prepared and presented on a GAAP and Statutory basis.
- Prepare internal monthly management reports and analyze actual results to plan.
- Assist in the preparation of the Company’s annual financial plan.
- Prepare financial information as needed for the company’s various boards and committees as required.
- Manage and ensure regulatory filings for financial returns, at a State level are complete, accurate, and timely filed.
- Ensure appropriate internal controls are in place and being adhered to toward the integrity of financial information and the safeguarding of the Company’s assets.
- Lead on US Model Audit Rule (MAR) compliance efforts to facilitate efficient and effective process related to internal controls over financial reporting (ICFR).
- Engage with the Group Head of Technical Accounting in determining the impact of new accounting developments on the Company,
- And executing plans to adopt new standards Lead and direct efforts to adhere to implemented accounting and reporting policies and procedures.
- Maintain the Company’s general ledger, assessing technology utilization in the financial processes and developing annual plans for development on key application systems.
- Manage the day-to-day relationship with external and internal auditors. Assess audit issues, communicate appropriately with senior management, and resolve key recommendations.
- Manage the day-to-day relationship with external tax advisors
- Direct finance staff reporting to the role, including training, career development, performance objectives and evaluation, recruitment and staff retention.
- Liaise with Group finance staff. Assist in coordination of global projects and provide suggestions for improvements in global finance operations.
- Manage daily treasury function ensuring timely settlement of the Company’s obligations and investment of cash balances in applicable investment vehicles.
- Coordinate and ensure that interfaces with Finance and the creation of financial processes are established for new products, lines of business and related initiatives.
- Liaise with claims department personnel in line with claims payment processing and case reserving changes as may arise. Engage with actuarial team toward ensuring the timely and accurate recording of the Company’s claim reserve liabilities in the financial ledger through to external regulatory reporting requirements
- Adopt our culture of professionalism, integrity, effectiveness and dynamic attitude that contributes to an internal environment of teamwork and promotes a positive brand image and experience to our external customers.
- Comply with our procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct Rules. Undertake training on our policies and procedures as delivered by your line manager, Talent Management or assurance teams (compliance, risk, and internal audit) either directly, via e-learning or the learning management system.
- Display business ethics that uphold the interests of all our customers.
- Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
- Comply with any specific responsibilities necessary for the role as outlined by your line manager, Culture and People team or assurance teams (compliance, risk, internal audit) and ensure the role is up to date with developments in these areas. This may include, amongst others, underwriting control standards, claims control standards, other standards and customer relationship management.
- Carry out additional responsibilities as individually notified, either through objective setting or through the learning management system. These may include participation in committees or working groups.
Required Knowledge, Skills, and Abilities
- At least 10 years experience, in increasingly responsible financial positions, in the property casualty insurance industry. Some large public accounting experience preferred.
- Thorough knowledge of insurance accounting (GAAP, STAT and Tax) and financial operations.
- Thorough knowledge of the systems of internal control applicable to property & casualty insurance financial operations. Model Audit Rule (MAR) and Sarbanes Oxley (SOX) experience preferred.
- At least 5 years of supervisory experience.
- Proficiency with general ledger systems.
- Advanced knowledge of Excel, PowerPoint, Word and Outlook.
- Effective organizational and mentoring skills.
- Excellent oral and written communication skills.
- Effective interpersonal skills.
- Bachelor’s degree in accounting or finance.
- Certified Public Accountant.
Reference no: 72851