Senior Internal Auditor

Novel Services LLC (“Novel”) is seeking a collaborative, technically proficient, and hands-on Senior Internal Auditor to join the Corporate Finance team. This newly created position will report to the Director of Internal Audit to facilitate the execution of internal audit activities across Novel’s growing portfolio of affiliated companies, managed by a financial holding company focused on building a capital-efficient, investor-ready insurance enterprise. The ideal candidate will play a pivotal role in ensuring the effectiveness of risk management, control, and governance processes, and will help shape scalable processes and internal controls that support Novel’s growth and achieve compliance with all applicable regulatory requirements. This will include maintaining compliance with the NAIC Model Audit Rule (MAR) and supporting strategic initiatives across the enterprise. This position will interact with all levels of management throughout the Novel ecosystem. As Novel scales, this role may have opportunities to expand in scope and contribute to the continued development of the internal audit function.

Key Responsibilities

Internal Controls & Audit:

• Support the Director of Internal Audit in completing the annual enterprise risk assessment and the annual risk-based internal audit plan.
• Perform audits of operational, financial, and compliance processes, to include those functions residing within Novel, as well as those performed by MGA/MGU program partners and delegated authority arrangements.
• Support NAIC Model Audit Rule (MAR) compliance activities and other regulatory requirements, including documentation, testing, and reporting.
• Provide recommendations regarding audit scope, timing, testing approaches, and resource requirements.

Cross-Functional Collaboration & External Partnerships:

• Coordinate with carrier group functional teams, centralized functions and MGA/MGU program partners to strengthen internal processes and controls.
• Coordinate day-to-day activities with co-sourced internal audit service providers and monitor quality, timeliness, and deliverables.

Projects, Systems & Leadership:

• Support finance-related projects, including system implementations, while contributing recommendations to strengthen related processes and controls.
• Monitor emerging risks and regulatory changes impacting the property & casualty insurance industry and assess corresponding changes needed to the organization’s internal processes and control structure and the internal audit plan.
• Other duties as assigned by management.

Minimum Requirements

• Bachelor’s degree in accounting; CPA, CIA, or similar certification preferred.
• Minimum 3 years of progressive audit experience with an audit firm and/or in an internal audit role within the property & casualty insurance industry.
• Experience planning, executing, documenting, and completing audit engagements or internal control testing.
• Knowledge of NAIC Model Audit Rule (MAR) preferred.
• Ability to evaluate control design and operating effectiveness and develop conclusions supported by appropriate audit evidence.
• Familiarity with (Generally Accepted Accounting Principles) and Statutory Accounting Principles (SAP), policies, and controls
• Aptitude with Microsoft Office suite including strong Excel skills required

Knowledge, Skills & Abilities

• Strong verbal and written communication, with the ability to convey complex information clearly and succinctly to board and executive-level audiences
• Proven analytical aptitude and leadership ability
• Excellent organizational and project management skills
• Ability to work under strict deadlines, both independently and in a team environment
• Attention to detail and the ability to complete tasks with a high degree of accuracy
• Available to work across time zones with flexibility to follow-up on items outside of business hours when needed