Associate Director, Insurance Internal Audit - US and Bermuda

Markel Corporation•Richmond, VA

51d•Hybrid

About The Position

What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Associate Director will lead the delivery of the internal audit plan by managing a team of internal auditors and, when necessary, external consultants. Responsibilities include developing audit scope, executing audit procedures, and preparing reports for management and the Audit Committee of the Board. The role also involves overseeing key processes within the Audit department, aligning activities with other Markel assurance functions, and supporting senior leadership in preparing and presenting materials for management and audit committees. The Associate Director will exercise strong business judgment, analytical skills, and problem-solving abilities, leveraging data analysis and cost evaluations as needed. They will ensure the audit team is properly trained, motivated, and operating effectively. Travel to business locations may be required.

Requirements

Bachelor's degree in relevant field of studies
Preferred 7+ years of related work experience in the insurance industry or financial services operations.
History of consistently exceeding expectations and target goals.
Advanced business judgment on control issues.
Strong negotiation and presentation skills.
Strong people leadership and development skills.
Able to build relationships across the organization.
Able to oversee multiple projects, managing the teams performing the work.
Able to direct processes involving multiple stakeholders.
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Nice To Haves

CPA, CIA, CPCU, CISA, Certification in Risk Management or equivalent is preferred

Responsibilities

Manage the day-to-day delivery of the Audit Plan as approved by the Audit Committee.
Able to plan and organize audit team activities to manage multiple competing priorities and deploy resources to complete assigned tasks in a timely and efficient manner.
Review and or identify issues, deviations, and root causes; then display the ability (both written and verbal) to effectively communicate issues to management and influence solutions for most effective use of Markel resources.
Display a superior understanding of the organization's risks, controls, and governance and how it relates to the work of Internal Audit and alter department objectives and testing based on the emerging risks.
Direct and supervise core processes within the Audit department or coordinate with other organizational control functions to enhance departmental and organizational procedures while maintaining effective working relationships.
Cultivate networks and create opportunities to develop relationships and build bonds across the organization.
Able to proficiently apply gained institutional knowledge of insurance/IT concepts throughout the audit process and identify the need for IT resources.
Implement and influence improvements to the efficacy and efficiency of the audit department.
Willing and able to provide clear and constructive feedback to assist auditors in identifying opportunities for development and advice for progressing their career planning. Work to build motivated, high performing teams and develop bench strength.
Identify and promote Audit department objectives which align with the stated strategic goals of the organization; use knowledge and abilities to energize the Audit department towards the completion of organizational objectives.
Conduct risk assessment discussions with various levels of management to identify key risks and control concerns and translate those insights into inputs for developing the audit plan.
Support the Directors/Managing Director with reporting to the company's management committees and Audit Committees where necessary.

Benefits

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

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