Internal Auditor

Munich Re is a global leader in reinsurance and insurance. The Internal Auditor will provide audit services to assist senior management in achieving strategic objectives, focusing on governance, compliance, risk management, and internal controls.

Responsibilities

• Contributes to, or depending on experience independently conducts, thorough risk analysis, control identification, and audit program development
• Independently concludes on the effectiveness of controls
• Identifies control gaps and exceptions and independently evaluates the potential impact
• Is able to clearly document the results of work on more than one audit at a time
• Executes and completes assigned audit work in accordance with agreed upon milestones and dates
• Demonstrates technical knowledge of routine business processes and continues development of technical and analytical skills to understand more complex business processes
• Independently or with guidance from project lead interprets the associated risks, develops testing approaches, and proposes solutions
• Effectively communicates control weaknesses and control gaps to operational management
• Makes sound recommendations for audit finding ratings and effectively supports conclusions during discussions with audit clients
• Contributes to continuous improvement (CI) efforts
• Participates in efforts to solve problems and make audit processes more effective and efficient
• Demonstrates an understanding of data analysis concepts and procedures
• Effectively conducts data analysis to facilitate audit scoping and testing
• Aware of changes in Internal Audit practices, regulatory requirements, and risk frameworks to understand their impact to Internal Audit and Munich Re

Skills

• A Bachelor's degree in Accounting, Finance, Economics, Business Administration, or equivalent work experience
• One to three or more years of Internal Audit or relevant business experience with a focus on business process operations
• Basic to intermediate knowledge of internal audit practices, and financial and operational process documentation
• Demonstrated ability to evaluate internal controls, effectively participate or execute large portions of an audit independently, analyze and solve complex problems, conduct research, and express ideas clearly, concisely and persuasively both verbally and in writing
• Demonstrates a strong understanding of business ethics
• A familiarity with ACL software (Audit Command Language) or other data analytics tool
• Insurance Industry / life insurance is a plus
• Progress towards completing the CIA or CPA exam is preferred
• The completion of other insurance or audit related certifications is a plus

Benefits

• Opportunity for an annual company bonus based upon a percentage of eligible pay

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