Staff Internal Auditor

Job Description

This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service - both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organisation to enhance decision-making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Job Summary:

Ascot's Internal Audit & Advisory department is seeking a motivated Staff Internal Auditor to provide support to the Senior Vice President, Group Head of Internal Audit & Advisory, and the Internal Audit Director in the performance of the Company's annual Internal Audit testing, as well as the below responsibilities. This role will be located at our Iselin office with a hybrid work schedule.


Responsibilities:

• Build strong relationships with local, regional, and global leaders of the Company while maintaining objectivity.

• Perform the testing of internal controls over financial reporting for compliance with the NAIC Model Audit Rule on behalf of management.

• Initiate the planning and execution of audits, including scoping, fieldwork, and reporting, including drafting audit findings

• Execute several audit engagements concurrently, ensuring appropriate audit risks are identified and addressed and that each audit is conducted with a value-add mentality

• Execute audits covered under the Internal Audits continuous monitoring program

• Become actively engaged within the audit process to fully understand and contemplate the company's risks and business activities

• Assist with remediation tracking process

• Assist the department with continuous implementation of data analytics to improve the efficiency of audit procedures

• Perform special project engagements as requested by company management

• Remain current on and continuously develop knowledge of auditing guidance, accounting standards, trending issues, and best practices through available literature and attendance at appropriate conferences and seminars.

• Assist with additional ad hoc projects as required.

• Commitment to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:

• Bachelor's degree in Accounting or Finance required

• Minimum of 1 year of experience - (including internships) external and/or internal audit experience in an organization of appropriate scale and complexity

• Comprehensive understanding of internal auditing standards and techniques, financial and operational risks and controls, GAAP, STAT, SOX and MAR Compliance, COSO Framework

• Strong written and oral communication skills

• Strong analytical, problem-solving, and decision-making skills

• Strong project management and organizational skills

• Proven team management skills and ability to drive group consensus

• Excellent interpersonal skills and ability to communicate with all levels of management

• Knowledge in the use of Optro (previously AuditBoard) or other Audit-related tools

• Must be positive, self-motivated, and possess strong interpersonal and communication skills
• Highly customer-centric both internally and externally
• Strong collaborative skills in a fast-paced team-centric environment.
• Knowledge of Microsoft Suite applications, i.e., Word, Excel, PowerPoint

Compensation:

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include an annual cash bonus, and other forms of discretionary compensation awarded by the Company.


The annualized base pay range for this role is: $85,000-$95,000

Company Benefits:

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

• Retirement Benefits: Contributory Savings Plan (401k)

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