• Manager Internal Audit

    Location LU-Luxembourg
    Job ID
    2018-8006
    # Positions
    1
    Work Location
    Works from an office location
    Employee Type
    Regular
    Category
    Accounting/Finance - Investments
  • Overview - External

    FM Global is a US based company that operates in 100 countries with approx. 5,000 employees all over the world. With a history of more than 175 years and excellent financial ratings we are continuously growing, particularly in Europe and Eastern Europe.

    We provide comprehensive global commercial and industrial property insurance, engineering-driven underwriting and risk management solutions, property loss prevention research and professional claims handling.

     

    Unlike other insurance companies, FM Global conducts extensive, hands-on research and engineering into the causes of fire, explosion and natural disasters to develop risk management and insurance solutions for our clients.

    Responsibilities - External

    This position directs and manages the financial and operational audits for selected FM Global’s businesses to ensure the soundness and adequacy of controls in compliance with policies and procedures as well as all applicable regulations. Oversees the day-to-day activities within the internal audit group and with the external auditors in alignment with the annual audit plan.

     

    1. Oversees selected internal audit activities including scheduling and monitoring the work of the audit staff to ensure proper coverage based on the annual audit plan, designing the audit programs to comply with general auditing principles and practices, reviewing audit documentation and preparing reports to senior management, and recommending revisions to auditing policies and procedures to most efficiently and effectively assess the soundness, adequacy and compliance of FM Global’s controls. Coordinates activities and information requests from external auditors.

     

    1.  Independently performs highly complex, high risk and/or high profile financial or operational audits to identify, resolve or recommend solutions to control issues. According to the annual audit plan and as direct by management, executes complex audit programs and prepares documentation of work steps and findings for review.

     

    1.  Develops and supervises the internal audit staff, facilitating professional opportunities to improve capability and managing performance against job accountabilities and the annual audit plan schedule and objectives. Oversees the internship program to provide additional resources for execution of the annual audit plan.

     

    1. Documents internal controls and processes in compliance with regulations, including Sarbanes-Oxley, focusing in the areas of premiums, reinsurance, claims, cash disbursements and investment.

     

    1.  Other duties as assigned.

    Qualifications - External

    Bachelor/University Degree in Accounting, Finance or other related field

    Advanced Degree preferred

     

    Professional designation / certification required (e.g. CPA, CA, CIA)

     

    10+ years of managing audit function and managing staff of auditors

    Well versed in the function and will occasionally become involved with critical detail work

    Experience working with external auditors

     

    Prefer Big 4 Audit experience

     

    Excellent communication skills, strong interpersonal and influence skills to manage relationship with external auditor, confidence and presence to interact with senior management

    Deep knowledge and experience in control practices and understanding the broader impact on the business

    Strong audit and finance skills

     

    If you are interested in being considered for this position, please submit your application to  Catherine Sanzelle in the Human Resources Department (catherine.sanzelle@fmglobal.com).