Job Description

 

Insurance Internal Auditor 

Based downtown Toronto 

work for a Global Insurance Leader 

 

Job Purpose:

Conduct approximately 2-4 Underwriting Audits per quarter and approx.10-12 TPA Claims Audits per year. (TPA Claims Audits additionally supported by our client’s Claims Auditor overseas0. 

Key Responsibilities: 

Carry out full scale operational audits of Managing General Agents (MGAs) and TPA’s operating on behalf of the company and to be conducted according to the company’s audit scope.

•   Initial focus would be on US business and at a later stage would be expanded to also include Canada. 

• Full onsite review at MGA / TPA location. Carry out all necessary prep work prior to the audit. Collect and review all necessary documentation to assess the risk level and control functions of the MGA / TPA

• Produce Audit report for internal stakeholders which would include the responsible underwriter, Audit & DA Control Team, the company’s Executive Committee and reinsurance partner(s). Emphasis on risk level assessment and the assignment of recommendations where appropriate.

 • Administer Audits in the company’s audit tool “teammate+”

• Communicate recommendations to the MGA/TPA and assignment of Red, Amber or Green score to each.  Follow up with the MGA / TPA and work with them until resolution of findings. 

• Maintain strong exchange and coordination with the DA Control and Audit department in Hannover Germany. 

• Carryout on short notice due diligence reviews of new business partners.

 

Qualifications Required:

Post-Secondary degree

 Certified International Auditor (CIA) Designation 

 CIP or CRM Insurance Designation 

Minimum of 5 years of Audit experience in the insurance industry as either an internal or external auditor. 

 Experience in auditing, underwriting, finance and claims functions.

 

If interested in applying to this opportunity please contact Antonella Leone via email at antonella@dgacareers.com or call at 416-868-6711 x 226.  

 
 

Job Posting Details

Job Type

Full-Time

Market Segment

Insurance

Company Type

Recruiting Consultants

Languages Required

English

Education Required

CIA
CPA

Expertise Area

Accounting: Auditing

Minimum Experience Required

5 to 6 Years

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