Internal Controls Associate- MSI

Why MSI? We thrive on solving challenges.

As a leading MGA, MSI combines deep underwriting expertise with insurer and reinsurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers’ unique needs. 

We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products – from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability and habitational property – delivered through agents, brokers, wholesalers and other brand partners.

Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. 

Bring on your challenges and let us show you how we build insurance better.

Position Summary:

The Internal Controls Associate works in the direction of the Internal Controls Director to design, develop and review internal control procedures for UCTS. Their duties include documenting key processes, procedures, executing high risk controls and collecting evidence that demonstrates the effectiveness of the control environment.

Principal Responsibilities:

• Document MSI’s standard operating procedures for processes and controls
• Perform risk assessments on as needed basis
• Assist in creating procedures to monitor the effectiveness of internal controls
• Analyze the results of control procedures and recommend changes when necessary to mitigate control deficiencies
• Maintain clear and concise written documentation of audit activities
• Directly participate in communications with internal / external audit entities
• Look for opportunities to improve operational and financial controls
• Bring issues and discrepancies to the attention of the appropriate leader and recommend solutions
• Interact directly with business leaders and stakeholders
• Ensure that MSI policies and procedures (including items such as quarterly controls) are properly completed at required intervals
• Execute and monitor high risk controls related to SOX (Sarbanes Oxley Act)
• Work with business segments to ensure proper controls are in place relative to production system access
• Coordinate with engineers to audit and validate user access to MSI end user production and financial systems.
• Validate that proper controls are in place for all code and product releases to production.
• Other responsibilities may be assigned related to various regulations such as NYDFS, PCI, Cyber, etc. as needed.

Knowledge, Skills, and Abilities:

• A four-year degree with at least one-year prior applicable work experience required
• Working knowledge of the COSO and COBIT framework preferred
• Preferred knowledge in performing tests on IT General controls for SOX
• Experience in testing security controls is a plus
• Effective written and verbal communication skills
• Must possess excellent organizational skills
• Critical thinking skills
• Exhibits professional skepticism
• Ability to work independently, manage their own workload and prioritize tasks effectively

Special Working Conditions:

• Fast-paced environment
• Must be able to interact effectively with various levels of management both inside and outside the organization
• Must be able to adapt and implement new control procedures as necessary

Technical, Computer, And System-Specific Skills Required:

• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
• Experience with Microsoft Azure is a plus
• Experience with GRC tools is a plus
• Ability to learn any other appropriate program or software system used by the firm as necessary

Education & Experience

• Bachelor’s degree in Accounting, Finance, Computer Science or similar required
• 1-3 years’ experience in auditing required
• Big four experience is a plus

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