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Internal Audit Manager

2 months ago

Woodbridge, New Jersey, United States Plymouth Rock Assurance Full time

The Corporate Law Department at Plymouth Rock Assurance is in search of a dedicated Internal Audit Supervisor to oversee the team responsible for evaluating regulatory adherence across the organization. This role, reporting directly to the General Counsel, requires a candidate with sound judgment, exceptional communication abilities, and a high level of emotional intelligence. The ideal candidate will be practical, business-oriented, well-organized, and a collaborative team member. This position holds significant visibility within the company and necessitates the highest standards of professionalism, including regular presentations to the audit committees of our boards of directors.

Key Responsibilities

  • Conduct comprehensive risk assessments to inform the annual audit strategy.
  • Develop and execute the annual audit plan effectively.
  • Perform and supervise regular evaluations to ensure compliance with relevant legal standards and internal policies.
  • Collaborate with colleagues across the organization to devise sensible and pragmatic solutions to emerging issues.
  • Promote a culture of continuous improvement within the team.
  • Stay informed about federal and state regulations related to auto and home insurance, including regulatory filings, licensing, consumer disclosures, cybersecurity, AI, privacy, and data protection.
  • Monitor legislative and regulatory changes that may affect our operations, including market conduct examinations.
  • Administer compliance with the Model Audit Rule, which mandates quarterly testing and annual certifications to regulators.
  • Maintain and update written plans aimed at mitigating key person risk on an annual basis.
  • Ensure the closure of remedial actions resulting from audit findings.

Qualifications and Skills

  • Bachelor's degree from an accredited institution; a law degree or audit certification is advantageous.
  • Experience in a regulated industry with proficiency in financial statements.
  • Preferred background in risk management or auditing, with progressively complex roles.
  • Familiarity with auditing practices or knowledge of IIA Standards.
  • Proven ability to lead and mentor a team while managing an independent portfolio of projects.
  • High emotional intelligence, demonstrated by the ability to listen and build trust at all organizational levels.
  • Strong curiosity and the capacity to quickly assimilate information.
  • Proven track record of producing clear, accurate, and persuasive communications, both verbal and written.
  • Excellent analytical and research skills, combined with sound judgment.
  • Ability to manage multiple time-sensitive tasks effectively.
  • Proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint.

About Plymouth Rock Assurance

Plymouth Rock Assurance and its affiliated companies manage over $2 billion in personal and commercial auto and homeowner's insurance across the Northeast and mid-Atlantic regions. We have established a strong reputation for service excellence. Our commitment to technology investment fosters an empowering environment for our employees, resulting in high customer loyalty. The Plymouth Rock group employs approximately 2,000 individuals and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation is rated "A-/Excellent" by A.M. Best.