Overview As part of the North America Audit Hub (NAAH) you provide audit services to Munich Re’s North America entities to assist senior management in achieving the company’s strategic objectives. The role can be located in Hartford, CT; Amelia, Ohio; or Toronto, ON and operates on a hybrid work structure with two days in the office. Responsibilities Build effective relationships while providing independent value‑added Internal Audit services to ensure reasonable assurance regarding governance, compliance, risk management, and internal controls. Lead engagement teams that conduct independent assessments of Munich Re’s internal control environment through risk analysis, control evaluation, and audit testing procedures. Conduct audits focused on insurance underwriting (primary and reinsurance), claims, general agents (MGAs), and third‑party administrators (TPAs). Plan, scope, design, and execute testing procedures; write audit reports andapply the department’s audit methodology. Develop and manage project plans, timelines, resource allocation, and budgeting for audit engagements. Apply project‑management skills and lead multiple audits concurrently. Develop technical knowledge of complex business processes, interpret associated risks, and propose solutions. Provide guidance and on‑the‑job training to team members, ensuring audit standards are met. Communicate control weaknesses and gaps to operational management, make sound recommendations, and support audit findings during discussions. Lead continuous‑improvement efforts to enhance audit processes and procedures. Use data‑analysis software (e.G., ACL) to facilitate audit scoping, testing, and guide staff in analytics.



Facilitate training and development of less experienced team members, offering coaching and feedback. Stay current on internal audit practices, regulatory requirements, and risk frameworks (e.G., COSO, IFRS, GAAP) and propose updates based on changes. Qualifications A Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or equivalent training along with five years of audit or relevant business experience. Intermediate to advanced knowledge of internal audit practices and financial and operational process documentation. Highly skilled ability to evaluate internal controls, lead and develop an audit team, analyze and solve complex problems, conduct research, and communicate ideas clearly and persuasively. Robust organizational and time‑management skills with the ability to prioritize tasks and manage multiple projects. Strong understanding of business ethics. Ability to use ACL software (Audit Command Language) or other data analytics tools preferred. CIA or CPA certification is preferred; other insurance or audit related certifications are a plus. Direct experience with or in-depth knowledge of insurance underwriting and/or claims desired. Benefits The base salary range for this role is $110,000 – $140,000 CDN per year, plus an annual company bonus based on a percentage of eligible pay. The position is located in Toronto on 390 Bay St and operates in a hybrid work model. This is a new vacancy. We do not use AI in our recruitment process – applications are reviewed by our team to ensure a fair and personalized experience. Equal Opportunity Employer We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. #J-18808-Ljbffr

📌 Senior Internal Auditor - C$110,000 - C$140,000 A Year (Toronto)
🏢 Munich RE
📍 Toronto