Archive for June, 2010

Audit Manager (Hartford, CT)

June 7, 2010

Our Client:Our client is a Global, mid-sized insurance firm who has witnessed tremendous growth in the last 4 years.  In an effort to support future growth while containing risks, our client has engaged our services to assist in securing a Senior Audit professional.

Key Objective:To design, plan and conduct effective internal audits of the syndicates and our client’s various companies.  To provide assurance to the Audit Committee of the effectiveness of the internal controls within the group

Key Responsibilities: 

  • In conjunction with the Internal Audit Team, provide an independent, objective assurance service aimed at strengthening internal controls and business processes throughout the business.
  • Schedule, plan and deliver risk based audits in line with the annual audit plan, taking full responsibility for individual assignments from planning through to the issuing of audit reports. 
  • Internal audit work will involve:-
    • clear documentation of work done, the results of testing and any issues arising;
    • execution/review of process maps, risk assessments and testing;
    • identification of risks and weaknesses and where relevant suggest controls and processes to improve;
    • Identification of key remedial actions; testing processes and implementing action plan to ensure robust controls are established/strengthened;
    • contribution to the development of management action where this is required;
    • Complete and present clear, concise and accurate Audit Reports to Business Heads and senior management.
  • Contribute to the development of robust management assurance processes/embedded monitors.
  • Liaise with the external auditors as required
  • Perform ad-hoc internal audit projects on specific ‘hot topics’ as they arise.
  • Prepare audit management information for Committees as required.
  • To comply with relevant company procedures and policies

Education and Qualifications: 

  • Undergraduate degree of any discipline
  • Previous experience working as an Operational Auditor within another Insurance firm
  • Accounting or Internal Audit qualification preferably obtained with one of the ‘Big 4’ accounting firms.
  • Minimum of 7 years experience

 Skills and Abilities: 

  • Confidence to work with all levels of the organisation
  • Travel to other US offices will be required – 25-30%
  • Ability to demonstrate professional credibility
  • Establish and maintain strong relationships within the business;
  • Ability to influence

 Knowledge and Experience:

  •  You will currently be either delivering audit to a portfolio of financial services clients or working in an insurance business at a manager level
  • Internal audit experience
  • Have a thorough knowledge of the principles, procedures & practices of accounting/financial records & transactions within an insurance company

 Compensation:Competitive Base/Bonus package


Senior Risk Manager (Hartford, CT)

June 6, 2010


Our client provides professionals with a flat management structure along with the latitude within this role to work autonomously.  You will report to the Head of Capital & Risk Management located in Europe.  The successful candidate will more than likely come from the assurance industry with a focus on the Property & Casualty product line.  To begin with, this role will not be provided with a team to manage but the role will provide the candidate with a platform for unparalleled company exposure and career growth.  The risk focus within this role will span insurance, operations, and financial risk.  Compensation for this role will be commensurate with experience and number of years of experience will vary but we expect to see anywhere from 10 – 20 years of post undergraduate professional experience.

Cross Functional Business Partnering:

  • Group Head of Risk & Capital Management and other members of the Risk Management & Actuarial team, Risk Director, Underwriting and Claims Teams, external Clients and Suppliers.

Key Responsibilities:  

  • To work with the business teams to understand the business being written with a focus on either new or unusual products so that the risk from global / portfolio perspective can be understood.
  • Communicate & roll out risk management practices throughout the group.
  • To assess existing business processes against risk management practices.
  • To ensure the risk implications of any business developments such as acquisitions, new product development and corporate restructuring are understood and mitigated.
  • Ad-hoc risk reviews of senior management areas of concern.
  • To be responsible for initiating and running risk management groups, management committees and workshops as needed.
  • To use broad understanding of regulations to implement risk management strategies and ensure the business comply with regulatory and legal requirements.



  • Strong interpersonal skills.
  • Able to communicate effectively with various stakeholders, both verbally and in writing.
  • Team worker as well as able to work on own initiative.
  • Experience in the London market insurance industry (preferred but not required).
  • Experience of working effectively with underwriters.
  • Outcome focused, self-motivated, flexible and enthusiastic.
  • Analyzes a scenario and sees solutions and doesn’t dwell on “problems”.