Compliance Testing Manager

ivari Holdings, Inc.

$80K — $108K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary education relevant to the position
  • Audit and accounting designation required (CPA, CMA, CGA, CIA)
  • Minimum 7 years' experience in controls testing or internal audit
  • Strong technical knowledge of testing processes
  • Effective time management and ability to handle multiple priorities
  • Detail-oriented and able to work with ambiguity
  • Good verbal and written communication skills
  • French language proficiency is a plus

Responsibilities

  • Manage annual managing general agent (MGA) compliance review and onsite controls testing
  • Analyze information according to survey criteria, identify gaps, and draft findings
  • Understand and apply regulatory requirements to testing designs
  • Conduct controls testing, including scoping and sampling
  • Prepare and distribute detailed findings and recommendations
  • Track remediation and status of open issues
  • Verify document compliance and identify anomalies
  • Assist with additional tasks as directed by senior management

Benefits

  • Competitive base salaries plus bonuses
  • Health and dental benefits from Day 1
  • Comprehensive vacation plan
  • Pension plan with 100% match
  • Employee savings plan with 75% match
  • Flexible and hybrid work options
  • Opportunities for professional development
  • Recognition and wellness programs
Full Job Description
As a Compliance Testing Manager, you will be responsible for planning, conducting and reporting compliance controls testing engagements. You will act as a member of the ivari Distribution Compliance team and will carry out controls testing engagements and deliver quality work in accordance with regulatory requirements and ivari market conduct policy. This is an existing position. As a Compliance Testing Manager, you will ... • Manage and conduct the annual managing general agent (MGA) compliance review survey, onsite controls testing, and audits • Analyze and review information according to standard survey criteria, identify gaps, verify content for quality and compliance; draft observations/ findings and recommendations • Understand regulatory requirements and ivari policies to ensure testing is designed to identify potential control gaps and non-compliance • Conduct controls testing, scoping, sampling, and reporting of test results • Prepare and distribute results detailing findings and recommendations • Track and report the status of remediation and validation of open issues • Examine documents to verify content, compliance, and identify anomalies • Conduct market conduct and sales practice reviews of life insurance agents • Assist the Compliance team with other tasks as may be required by senior manager What we are looking for... • Post-secondary education that would align with the position • Must have audit and accounting designation, CPA, CMA, CGA, CIA or its equivalent. • Minimum 7 years' experience in controls testing or internal audit • Technical knowledge and skills of testing processes and methodologies • Effective time management skills with the ability to manage multiple deadlines and changing priorities • A self-starter who takes initiative, is detail oriented, and deals well with ambiguity • Good verbal and written communication skills • An ability to work independently and proactively • French language is an asset What we pay... Pay Range: $80,000 - $108,000 What's in it for you... At ivari, it's important for us to keep our people motivated, recognized and rewarded. We offer competitive base salaries plus a bonus, one of the many reasons ivari is a great place to work. We also offer health and dental benefits for the entire family from Day 1! But that's just the beginning. When you join the ivari team you also get... • A fantastic vacation plan and time off • A pension plan with 100% match by ivari • Employee savings plan with 75% match to help you save even more • Flexible and hybrid work arrangements • Opportunities for professional development • Recognition programs to cheer you on, motivate and reward • Wellness programs to keep you healthy and happy Who you are... Someone who enjoys a culture where everyone is genuinely respectful and you can be your authentic self every day. Your contributions and opinions are not only sought, but valued. You know the importance of, and live by, our core values of... • Bringing clarity and focus to your work • Taking ownership and doing what you say you will • Remaining flexible • Collaborating with others Does this sound like you? We're looking for great people to join our team!

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