Company:NICO National Indemnity Company
As a member of the Berkshire Hathaway group of insurance companies, we offer outstanding opportunities for professionals interested in working with a successful company. We offer unparalleled financial strength, stability and "large company" benefits, in addition to an exciting, friendly, "small company" atmosphere.
Responsible for assisting in the execution of the internal audit ("IA") plan spanning across 11 business units that underwrite across 58 legal entities ("NICO Group"). Teams with staff from NICO, Gen Re, and internal and external subject matter resources that are responsible for performing compliance, third-party, risk based, vendor, and ad hoc reviews. Assists the Internal Audit Administrator in ensuring internal audit work products meet the standards set forth in the International Professional Practices Framework ("IPPF"). Completes testing specific to the Sarbanes-Oxley Section 404 ("SOX 404") on behalf of the NICO Group (including BHSIC and BHHC). Assists in the development of audit approaches that allow for external audit cost reductions.
Assists Senior Internal Auditors in executing the NICO Group's internal audit plan.
Executes audit procedures related to low and medium risk projects. Execution will take place at audit customer locations both domestically and abroad.
Familiarity with financial reporting requirements, acceptable management control practices, high-level compliance requirements, and general information technology controls.
Researches audit requirements specific to new lines of business and jurisdictions.
Assists in audit report development of low projects and provides guidance to management regarding remedial action.
Ability to perform multiple projects simultaneously and annually completing 15-20 projects. In some cases, responsible for assisting in audits of third parties (including vendors).
Assists with completing IA risk assessments that form the basis for the audits considered for inclusion in the annual plan including organizational issues, regulatory compliance, external audit coverage, and previous audit results.
Assists the Internal Audit Administrator in reviewing the NICO Group standalone risk assessments and NICO Group risk and control framework as inputs for developing the annual NICO Group audit plan to ensure the inclusion of previous audit results.
Assists Senior Internal Auditor I and II in maintaining a repository of issues identified during the execution of the NICO Group IA plan.
Tracks the work streams of the IA teams executing low to medium risk reviews and provides updates to the Internal Audit Manager. Assisting with keeping the IA projects on time and on budget while adding value to the audit customer.
Responsible for archiving select internal audit projects in accordance with internal audit and regulatory standards.
Performs special projects or other duties as assigned or as situation dictates.
Knowledge, Skills, and Abilities:
Bachelor degree in accounting or related field, or equivalent
1-2 years of related work experience
Financial reporting principles
Personal computer, related software, and basic applications, such as Excel and Word
Working toward Certified Public Accountant or Certified Internal Audit or Certified Information Systems Auditor or Chartered Property Casualty Underwriter
ACL data analysis
The Committee of Sponsoring Organizations of the Treadway Commission as its internal control framework
Excellent written and oral communication with all levels of the organization and outside contacts
Excellent analytical and mathematical skills
Work with a team of 3-5 people
Organize several different tasks simultaneously and meet deadlines
Work well with people at all levels of the organization
Identify and solve problems
Research, review, and analyze key processes throughout the NICO Group
Communicate effectively with third parties
Maintain strict confidentiality