Risk Advisory Senior Associate (Insurance)

Cherry Bekaert•US VA, VA
•$86,100 - $126,500

About The Position

Cherry Bekaert’s Risk Advisory team is seeking a Senior Associate to support engagements for Life & Health, Property & Casualty, and Reinsurance organizations. The role focuses on helping insurance clients address risk, control, compliance, governance, and operational challenges while developing client service and leadership skills in a collaborative environment. The Senior Associate supports insurance-focused engagements across internal audit, risk management, governance, compliance, internal controls, SOX, and operational improvement, from planning and fieldwork through final deliverables. The role applies knowledge of insurance operations to identify risks, evaluate controls and processes, and develop practical recommendations. It also involves analyzing financial and operational information, documenting findings, building relationships with client stakeholders, collaborating with senior team members, and supporting junior professionals. Travel may be required as needed and is not expected to exceed 25%. Cherry Bekaert offers competitive compensation and a benefits program that includes annual bonus, medical, dental, and vision care; disability and life insurance; generous paid time off; retirement plans; Paid Care Leave; and other programs.

Requirements

  • Bachelor’s degree in Accounting, Finance, Computer Information Systems (CIS), or a related field.
  • At least 2 years of experience working within the insurance industry or at a professional services organization serving insurance clients in internal audit, risk management, SOX compliance, governance, regulatory compliance, internal controls, and/or operational improvement.
  • Working knowledge of insurance operations, business processes, industry risks, internal controls, and the regulatory environment affecting insurance organizations.
  • Strong analytical and problem-solving skills, including the ability to assess processes, evaluate controls, analyze information, and translate findings into practical recommendations.
  • Ability to manage multiple priorities and project deadlines while producing accurate, well-documented work.
  • Ability to build productive relationships and collaborate effectively with client stakeholders and engagement teams.
  • Ability to travel as needed, not expected to exceed 25%.
  • Eligibility to work in the United States; the company will not provide work sponsorship.

Nice To Haves

  • Experience working across multiple insurance functions or with more than one insurance segment, including Life & Health, Property & Casualty, or Reinsurance.
  • Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certification in Risk Management Assurance (CRMA), or interest in pursuing a relevant professional credential.

Responsibilities

  • Support insurance-focused client engagements across internal audit, risk management, governance, compliance, internal controls, SOX, and operational improvement, from planning and fieldwork through final deliverables.
  • Apply understanding of Life & Health, Property & Casualty, and/or Reinsurance operations to identify business, financial, operational, compliance, and control risks.
  • Evaluate internal controls and business processes, identify gaps and improvement opportunities, and develop practical recommendations aligned with client priorities.
  • Conduct internal audit and advisory fieldwork, analyze financial and operational information, and document findings and conclusions in audit workpapers.
  • Build relationships with insurance client stakeholders by learning their business and risk environment and helping address emerging industry and regulatory challenges.
  • Collaborate with senior team members to develop clear, actionable client deliverables and contribute to high-quality engagement execution.
  • Support and coach junior professionals while contributing to the growth and development of Cherry Bekaert’s insurance Risk Advisory capabilities.

Benefits

  • Annual bonus
  • Medical, dental, and vision care
  • Disability and life insurance
  • Generous Paid Time Off
  • Retirement plans
  • Paid Care Leave
  • Other programs dedicated to enhancing personal and work life and providing financial protection
  • Competitive compensation packages based on performance
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