Senior Manager, Audit and Advisory Services - Insurance
Apply locations: Toronto, Ontario; Waterloo, Ontario
Time type: Full time
Posted on: Posted 3 Days Ago
Time left to apply: End Date: January 3, 2025 (13 days left to apply)
Job requisition id: JR24120087
Senior Manager, Audit and Advisory Services – Insurance is accountable for planning and leading audit projects of all types (key risk audits, advisory, project risk reviews, defined procedures, SOX, and MAR audits, etc.) to deliver high quality, professional, efficient and valuable results. The directive of Audit and Advisory Services is to provide independent and objective assurance and consulting activities to add value and improve the operations of the Company. Audit Services assists the Company in achieving its Strategic Objectives through a well-adapted approach to evaluate the efficiency of the Company’s governance, risk management and internal control processes.
Position Responsibilities:
- Lead audit and advisory projects in accordance with department standards, within resource budgets and target dates, reporting any scheduling or budget over-runs to Director or AVP.
- Perform fieldwork as needed to meet deadlines to complete audit work.
- Have adequate understanding of the risks being handled by the unit being audited and develop audit scope and audit programs to evaluate the controls in place to mitigate these risks.
- Review test procedures and results to ensure that test objectives and documentation standards are met.
- Apply analytical skills and be open minded to explore different ways to audit, embrace and utilize data analytics to improve audit coverage.
- Develop and maintain positive relationship with management, coach and mentor junior staff in the team.
- Lead various SOX processes, assist in SOX/MAR Planning, and provide oversight during walkthrough and testing phases.
- Actively follow up on open issues with management, maintain open communication and lead the remediation testing of issues.
Required Qualifications:
- 6 to 8 years of risk management, operations or equivalent business or advisory/consulting experience.
- Minimum 2 years of life insurance experience, strong understanding of life and health insurance operations and products is required.
- Good understanding of life and health insurance operations, applicable regulations, and risks.
- University degree is required. A recognized accounting (CPA, CA) or auditing (CIA, CISA) designation is preferable, but not essential for candidates with good insurance industry experience.
Preferred Qualifications:
- Knowledge of the data analysis tools is preferred.
- Strong written and oral communication skills, ability to effectively communicate ideas and recommendations, and to listen and consider ideas of others.
- Ability to work efficiently in diverse environments and cultures.
When you join our team:
- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals.
Primary Location: Toronto, Ontario
Working Arrangement: Hybrid
Salary range is expected to be between: $84,375.00 CAD - $151,875.00 CAD
If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location.
About Us
We're Manulife. And we’re on a mission to make decisions easier and lives better.