Associate - Auditor

New York Life•New York, NY

39d•$65,000 - $90,000•Hybrid

About The Position

New York Life’s Audit Department is accountable to the Audit Committee of the Board of Directors, the Chief Executive Officer, and senior management. The Audit Department is responsible for evaluating the effectiveness of the control environment for the firm’s many lines of business. Audits are scheduled and conducted according to a risk-based approach. Advisory services are also provided at the request of management. The Corporate Audit Department is comprised of approximately 50 auditors that review insurance, investments, information technology, financial reporting, agency, corporate functions and fraud. The Associate position will play an important role in planning, scoping, control analysis and testing, and reporting. The position will be based at the Company’s headquarters in New York City and expected to follow a hybrid schedule of onsite and remote. The position will report directly to a Corporate Vice President on the Strategic Business Insurance audit team. The role focuses on audits of insurance operations and advisory services.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or other quantitative disciplines preferred; other bachelor’s degrees may be considered.
One to three years of relevant audit experience, preferably within financial services or a similar regulated environment.
Knowledge of risk and control concepts in the context of internal audit. Knowledge of the second- and third-line functions within an organization.
Well-developed analytical skills and attention to detail.
Effective verbal and written communication skills, with the ability to collaborate effectively with team members and stakeholders.
Enthusiastic, self-motivated, and effective under pressure.
Ability to multi-task, complete projects on time, and adjust to changing priorities. Ability and desire to learn quickly, be flexible and think strategically.

Nice To Haves

Familiarity with data analytics, data visualization, and AI tools; experience with applications such as Tableau, Claude, Microsoft Copilot, or ChatGPT is a plus.

Responsibilities

Participate in the planning, scoping, and execution of the audits using department methodology under the direction of an audit manager.
Lead and participate in walkthroughs with stakeholders to document business processes and identify risks and controls.
Document the risks and controls in flowcharts and narratives.
Design and execute audit tests to evaluate internal controls over key risks.
Document audit observations and findings and follow up with stakeholders as needed.
Document all audit work in the department's audit management platform.