Tower Hill Insurance Group has an exciting opportunity for a talented VP, Audit & Risk Management who enjoys intellectual challenges and is seeking a rewarding career with a company that is experiencing growth. Not only is Tower Hill Insurance one of Florida's most trusted names in homeowners insurance, but it offers great opportunities for career advancement and personal growth, along with very competitive benefits and rewards. We are growing at a consistent pace and seek professional individuals with drive, team mentality, who want to make an impact, and are committed to a long-term career in the insurance industry.
The Vice President of Audit and Risk is responsible for overseeing the organization’s audit and risk management functions, including ORSA (Own Risk and Solvency Assessment), MAR (Management’s Assessment of Risk), Internal Audit, and Enterprise Risk Management (ERM). This role involves developing, implementing, and maintaining comprehensive audit and risk management programs to ensure the organization’s compliance with regulatory requirements and internal policies.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Develop and execute the overall strategy for audit and risk management functions, aligning with the organization’s goals and objectives.
- Ensure effective implementation and monitoring of ORSA and MAR processes, providing insights and recommendations to senior management.
- Lead the internal audit team in planning and conducting audits to assess the effectiveness of internal controls, risk management, and governance processes.
- Oversee the ERM framework, identifying, assessing, and mitigating risks across the organization.
- Build and lead a high-performing audit and risk management team, fostering a culture of continuous improvement and professional development.
- Identify potential risk exposures, promote loss prevention, and update and monitor adherence to mitigation strategies.
- Facilitate cross-departmental engagement to identify and mitigate existing and emerging risks.
- Prepare reports for management based on internal audit reviews. Provide recommendations to management on risk mitigation measures and implementation of risk adequate compliance programs.
- Partner with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management.
- Collaborate with outside audit vendors and internal stakeholders to ensure the integrity of audit programs.
ADDITIONAL DUTIES
This job description reflects the general duties considered necessary to describe the essential functions of the job and should not be considered a complete description of all the work requirements and expectations of the position. Tower Hill reserves the right to assign duties not listed herein as necessary to accomplish the goals of the organization.
POSITION QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION
Bachelor’s Degree in Accounting, Risk Management, Finance, or related field required.
Master’s Degree in Risk Management, Accounting, or Business Administration preferred.
EXPERIENCE
Minimum of five (5) to seven (7) years of relevant work experience required, including a demonstrated ability to lead and develop a team, manage multiple priorities, and drive organizational change.
Property and Casualty experience strongly preferred.
CERTIFICATIONS
Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certification in Risk Management Assurance (CRMA) required.
LICENSES
Valid Driver’s License required.
Preferred work arrangement hybrid on-site, but remote candidates will be considered based on qualifications and experience.
Tower Hill Insurance is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Tower Hill Insurance is committed to working with and providing reasonable accommodation for individuals with disabilities. If you need reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to hrdepartment@thig.com or call (561) 812-6247 and let us know the nature of your request and your contact information.
All applicants will receive an acknowledgement that their application has been received. Candidates will not receive status updates regarding their application; however, those candidates selected for further consideration will be contacted by Human Resources.
