Description and Requirements
Role Value Proposition:
Internal Audit (IA) is an independent, global organization that plays an important role in partnering with the business to ensure that management anticipates, recognizes, and appropriately manages risks. We protect MetLife and our stakeholders through meaningful independent assurance and advice while advocating for risk management and internal controls.
We are looking for a Global Reinsurance Lead Auditor who would be excited to join a dynamic and highly collaborative team. The role is responsible for performing audits of reinsurance strategy, governance, operations, and financial reporting, and will serve as a capability leader and subject matter expert for reinsurance audits globally. The individual should be comfortable sharing their ideas, building client relationships, and delivering high quality and impactful results to stakeholders.
Key Responsibilities:
- Assess key risks and control structure of reinsurance processes across the enterprise.
- Partner with reinsurance management to ensure that key business risks are anticipated, recognized, and appropriately managed to prevent/detect adverse effects on operations.
- Provide subject matter knowledge to Internal Audit associates in developing audit scope and approach that focus on the key risks for individual audit engagements.
- Perform and advise on identification as well as assessments of risks and control effectiveness in accordance with department methodology.
- Coordinate with key management stakeholders in developing the audit pipeline and execution of individual audits.
- Prepare audit deliverables that meet departmental and professional standards of quality. Perform detailed quality review of work of other associates to ensure conclusions and findings are adequately supported.
- Draft and communicate audit findings to management, provide recommendations on action plans, and assist in drafting of audit reports.
- Provide audit leaders with accurate and timely status of audit deliverables, including resolution of audit delays.
- Develop junior staff through ongoing coaching and timely feedback on audit deliverables.
- Maintain ongoing relationships with key business contacts to stay current on management initiatives as well as new/changing risks and processes.
- Handle key reinsurance aspects of large-scale, very complex, or high-profile audits
- Serve as high-level technical expert or lead a team to conduct selected audits and assign responsibilities to team members. May manage multiple audit projects.
Essential Business Experience and Technical Skills:
- 10+ years of progressively responsible audit (or relevant business) experience such as roles in public accounting, reinsurance management, risk management and/or advisory experience
- Strong knowledge of audit practices, procedures and principles with the ability to interpret and analyze complex concepts and apply these in innovative ways
- Technical knowledge of reinsurance strategy and deal structuring, insurance products, capital management, risk management, reinsurance operations, actuarial valuation and/or accounting principles. Strong written and verbal communication, relationship management, interviewing, and listening skills
- Strong analytical, deductive, and problem-solving skills
- Curious and inquisitive individual that applies professional skepticism and open to learning generally accepted audit standards and audit methodology
- Actuarial designation (ARe, FSA, ASA), underwriting, or valuation experience
- Knowledge of Bermuda insurance laws and regulations a plus
The salary range for applicants for this position is $123,800 - $165,000.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" as well as the 2024 Fortune 100 Best Companies to Work For ®, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
Equal Employment Opportunity/Disability/Veterans
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
$123,800 - $165,000
#BI-Hybrid
What We Do
Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong. Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.
Why Work With Us
At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together