Tokio Marine HCC
Director, Professional Standards, Internal Audit and Controls
Tokio Marine HCC, Houston, Texas, United States, 77001
Director, Professional Internal Audit and Controls Corporate
Tokio Marine HCC, a global power in the specialty insurance industry, is seeking a Director, Professional Internal Audit and Controls with a passion for organization, problem solving, mindfulness, and a drive to learn and grow with a world leading company in a unique industry. Job Summary Leads and oversees the departments monitoring compliance with professional standards for internal audit functions. Assists the VP North American Audit with oversight of the Houston based financial, IT, operational, and compliance audits across TMHCC's North America organizations. Assists the organization in accomplishing its objectives by bringing a systematic and disciplined approach to evaluating the effectiveness of risk management, control, and governance through conducting audit functions. Provides independent consulting activities designed to add value and improve the organization's operations. Also, will lead the department's quality assurance program, training needs, and Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) compliance initiatives. Plays a key leadership role in advancing automation initiatives that support the group's strategic plan to modernize processes, reduce manual effort, and improve overall operational efficiency. Key Responsibilities Plan, develop, implement, and monitor the procedures and systems used for internal auditing standards within the Company, ensuring compliance with the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) and other applicable frameworks. Oversee the development and completion of the annual global audit plan and a rolling three-year audit plan to ensure appropriate risk-based coverage of strategic, operational, financial, compliance, and IT risks. Maintain and evolve the audit universe, perform risk assessments, and ensure audit activities are aligned with the Company's strategic objectives and risk environment. Manage and execute the department's Quality Assurance and Improvement Program (QAIP), including quality reviews of audit workpapers, reports, and processes to ensure accuracy, sufficiency, and adherence to professional standards. In coordination with the separate Internal Controls group, evaluate business processes for the adequacy and proper functioning of internal controls, including Japan Sarbanes-Oxley (JSOX) 404 testing, and support compliance with the NAIC Model Audit Rule. Management and execution of JSOX controls testing and reliance work to external auditors, as well as assistance with other regulatory requirements such as Department of Insurance examinations. Guide the audit team in designing, reviewing, and implementing auditing policies, processes, and technologies that enhance operational efficiency and safeguard corporate assets. Engage in ongoing communications, written and oral with company management and, as requested by the VP, the Audit Committee, to report audit results, departmental performance, and emerging issues. Lead and develop a team of Internal Auditors responsible for furnishing Senior Management with independent analyses, appraisals, and information related to audit activities. Manage daily operations of the Houston-based financial/operational audit team, including planning, prioritizing, and directing workflow; acting as a resource for complex issues; and ensuring timely execution of audits within budget. Assistance to be provided to our International Audit Teams as well as needed. Coordinate with the independent auditor to ensure strong professional relationships, open lines of communication, and optimal reliance on internal audit work where appropriate. Identify and assess training opportunities and knowledge gaps across the Internal Audit and Controls team. Maintain a skills inventory and establish a training program aligned with the annual risk assessment and strategic goals. Attend senior leadership forums to communicate key audit issues, support management initiatives, and integrate strategic developments into risk assessments and audit planning. Competencies Technology: Demonstrated capability to audit and embrace the use of emerging technologies, including artificial intelligence. Some of the tools used by the team include ChatGPT, Microsoft Copilot, data analytics platforms (e.g., Power BI), and automation software (e.g., UiPath), with focus on usage, governance, and risk management Planning: Direct development of primarily long-term plans for designated area of the organization. Communication: Communicate direction or results pertaining to area of responsibility to all levels, internally and externally. Cost Management: Develop and accountable for budget of department. Business Controls and Policies: Comply with all corporate policies and procedures. People Management: Has full HR responsibility for direct reports including making hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling. Position Knowledge, Skills, and Requirements Education: Minimum 4 Year/Bachelors Degree in Accounting, MIS or a related field. Preferred Graduate Degree Certifications, Licenses, and Designations: Required Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) and/or CiSA (Certified Information Systems Auditor) designation Experience: 10 Years Relevant audit experience with progressive internal audit and public accounting experience, including insurance industry focus, experience with Sarbanes-Oxley (SOX/JSOX), internal controls, and quality assurance. Other Knowledge of GAAP, Japanese GAAP (JGAAP), Generally Accepted Auditing Standards (GAAS), International Financial Reporting Standards (IFRS), and Statutory Insurance Accounting Principles and NAIC's Model Audit Rule Comprehensive knowledge of Japanese SOX and its many implications and internal controls Possess and have ability to apply advanced knowledge of principles, practices, and procedures Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment and staying current on these through attending trainings and receiving/reading various relevant publications Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word) Knowledge of AuditBoard and or GRC Software About TMHCC Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. What we offer Competitive salary and employee benefit package Strong learning culture Growth perspectives
Tokio Marine HCC, a global power in the specialty insurance industry, is seeking a Director, Professional Internal Audit and Controls with a passion for organization, problem solving, mindfulness, and a drive to learn and grow with a world leading company in a unique industry. Job Summary Leads and oversees the departments monitoring compliance with professional standards for internal audit functions. Assists the VP North American Audit with oversight of the Houston based financial, IT, operational, and compliance audits across TMHCC's North America organizations. Assists the organization in accomplishing its objectives by bringing a systematic and disciplined approach to evaluating the effectiveness of risk management, control, and governance through conducting audit functions. Provides independent consulting activities designed to add value and improve the organization's operations. Also, will lead the department's quality assurance program, training needs, and Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) compliance initiatives. Plays a key leadership role in advancing automation initiatives that support the group's strategic plan to modernize processes, reduce manual effort, and improve overall operational efficiency. Key Responsibilities Plan, develop, implement, and monitor the procedures and systems used for internal auditing standards within the Company, ensuring compliance with the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) and other applicable frameworks. Oversee the development and completion of the annual global audit plan and a rolling three-year audit plan to ensure appropriate risk-based coverage of strategic, operational, financial, compliance, and IT risks. Maintain and evolve the audit universe, perform risk assessments, and ensure audit activities are aligned with the Company's strategic objectives and risk environment. Manage and execute the department's Quality Assurance and Improvement Program (QAIP), including quality reviews of audit workpapers, reports, and processes to ensure accuracy, sufficiency, and adherence to professional standards. In coordination with the separate Internal Controls group, evaluate business processes for the adequacy and proper functioning of internal controls, including Japan Sarbanes-Oxley (JSOX) 404 testing, and support compliance with the NAIC Model Audit Rule. Management and execution of JSOX controls testing and reliance work to external auditors, as well as assistance with other regulatory requirements such as Department of Insurance examinations. Guide the audit team in designing, reviewing, and implementing auditing policies, processes, and technologies that enhance operational efficiency and safeguard corporate assets. Engage in ongoing communications, written and oral with company management and, as requested by the VP, the Audit Committee, to report audit results, departmental performance, and emerging issues. Lead and develop a team of Internal Auditors responsible for furnishing Senior Management with independent analyses, appraisals, and information related to audit activities. Manage daily operations of the Houston-based financial/operational audit team, including planning, prioritizing, and directing workflow; acting as a resource for complex issues; and ensuring timely execution of audits within budget. Assistance to be provided to our International Audit Teams as well as needed. Coordinate with the independent auditor to ensure strong professional relationships, open lines of communication, and optimal reliance on internal audit work where appropriate. Identify and assess training opportunities and knowledge gaps across the Internal Audit and Controls team. Maintain a skills inventory and establish a training program aligned with the annual risk assessment and strategic goals. Attend senior leadership forums to communicate key audit issues, support management initiatives, and integrate strategic developments into risk assessments and audit planning. Competencies Technology: Demonstrated capability to audit and embrace the use of emerging technologies, including artificial intelligence. Some of the tools used by the team include ChatGPT, Microsoft Copilot, data analytics platforms (e.g., Power BI), and automation software (e.g., UiPath), with focus on usage, governance, and risk management Planning: Direct development of primarily long-term plans for designated area of the organization. Communication: Communicate direction or results pertaining to area of responsibility to all levels, internally and externally. Cost Management: Develop and accountable for budget of department. Business Controls and Policies: Comply with all corporate policies and procedures. People Management: Has full HR responsibility for direct reports including making hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling. Position Knowledge, Skills, and Requirements Education: Minimum 4 Year/Bachelors Degree in Accounting, MIS or a related field. Preferred Graduate Degree Certifications, Licenses, and Designations: Required Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) and/or CiSA (Certified Information Systems Auditor) designation Experience: 10 Years Relevant audit experience with progressive internal audit and public accounting experience, including insurance industry focus, experience with Sarbanes-Oxley (SOX/JSOX), internal controls, and quality assurance. Other Knowledge of GAAP, Japanese GAAP (JGAAP), Generally Accepted Auditing Standards (GAAS), International Financial Reporting Standards (IFRS), and Statutory Insurance Accounting Principles and NAIC's Model Audit Rule Comprehensive knowledge of Japanese SOX and its many implications and internal controls Possess and have ability to apply advanced knowledge of principles, practices, and procedures Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment and staying current on these through attending trainings and receiving/reading various relevant publications Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word) Knowledge of AuditBoard and or GRC Software About TMHCC Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don't even know exist. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. What we offer Competitive salary and employee benefit package Strong learning culture Growth perspectives