Associate, IT Internal Audit

Nashville, TN, USA ● New Jersey, USA Req #539
Monday, February 27, 2023
Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world’s leading providers of legacy reinsurance solutions. They work with the world’s leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $55 billion across life, annuity, and property & casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re’s roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re’s leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry.   Click here for more information about Fortitude Re.

Fortitude Re’s Associate, IT Internal Audit provides independent and objective assurance, advice, and insight guided by a philosophy of adding value to improve the operations of Fortitude Re. The Associate, IT Internal Audit assists Fortitude Re in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of Fortitude Re’s control environment including risk management, operational, financial, internal control, and governance processes.  We are looking for candidates that are proactive, continuous learners and open to improved ways of doing things, both with business stakeholders in the development of solutions to problems and internal audit processes.  We see this role as an opportunity for internal mobility and to take on additional responsibilities within the organization.  
What You Will Do: 

As an Associate, IT Internal Audit you will be part of Fortitude Re’s growing audit team in the Nashville, TN or Jersey City, NJ offices and can work a hybrid schedule. You will report directly to the Head of IT Audit and collaborate with Fortitude Re stakeholders, counterparties, external auditors and third-party service providers to:

  • Support the internal audit function in executing their responsibility to test the Company’s SOX and MAR controls
  • Support the internal audit team to identify and analyze the inherent IT risks and the controls that management has implemented to mitigate their risks
  • Validate that the Company operates in a controlled environment with appropriate risk-management processes.
  • Evaluate the adequacy and effectiveness of the Company’s IT internal controls using a risk-based methodology developed from professional auditing standards.
  • Contribute to the overall effectiveness and value of internal audit by recommending and developing innovative approaches and solutions (e.g. the use of data analytics, automation, and agile audit methodologies)
  • Assist in the execution of all phases of the audit, including scope determination, audit planning, fieldwork and testing, discussion and documentation of findings, and report writing.  Ensure the execution of the audit plan within departmental methodologies and standards.
  • Assist with working with the Internal Audit team in documenting the business processes dependent on information technology.
  • Support the on-going communication with business line management to follow-up on previously identified audit issues, as well as execution of testing to verify closure
  • Support the internal audit team to clearly and concisely communicate audit results or other key messages to a variety of constituents, including senior business and audit management, and advise on emerging industry or regulatory topics/issues that may impact audit coverage
  • Support the internal audit team to continuously update the IT business risk and IT control environment assessments, including key risks and controls, through periodic meetings with management, ad-hoc walkthroughs, monitoring of key business metrics and data analytics
  • Some travel may be required


What You Will Have:

  • 2 years of relevant internal or external audit or risk management experience
  • Bachelor’s or Master’s degree in Computer Science, Management of Information Systems, or another relevant subject
  • Certified Information Systems Auditor (CISA) preferred, or willing to pursue
  • A certified professional designation (e.g., CPA, CIA, CRISC, CISSP), is expected
  •  Experience in auditing IT general controls (ITGCs) and IT control testing of applications, operating systems, and databases
  • Experience with common IT risk management frameworks such as COBIT, FFIEC, ITIL, NIST, ISO27001, etc.
  • Experience in testing SOX/MAR controls and working knowledge of the COSO 2013 framework is advantageous
  • Excellent verbal and written communication skills.
  • Highly motivated and committed to learning and progressing

What We Offer:

We offer competitive benefits in a fast-paced, dynamic and nimble culture including:

  • Unlimited PTO policy
  • Up to 11 paid company holidays
  • Up to 16 hours per year of paid volunteer time 
  • Competitive 401(k) plan
  • Paid parental leave
  • Tuition reimbursement
  • Health, vision, dental, and life insurance with additional access to health and wellness programs
  • Flexible working environment
At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. 

We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.


To all recruitment agencies:  Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees.   Fortitude Re is not responsible for any fees related to unsolicited resumes.

Other details

  • Job Family FA - Finance
  • Job Function Associate
  • Pay Type Salary
Location on Google Maps
  • Nashville, TN, USA
  • New Jersey, USA