Internal Control Assurance Professional

About the Role:

As an Internal Control Assurance Professional in ICAR Team, you will participate in various control testing activities. You will have the opportunity to learn about many areas of Swiss Re, as well as their processes and controls. This role offers you regular exposure to Swiss Re's Management and an opportunity to deal with themes that have organizational impact and drive the risk culture of Swiss Re.

Key Responsibilities:

• Perform testing procedures on internal controls over financial reporting or non-financial operations value chain across various areas


• Ensure timely and accurate documentation of testing procedures and clear presentation of findings to the relevant stakeholders 


• Assess and validate identified control deficiencies, ensuring appropriate severity assessment and clear, well-articulated documentation of observations


• Engage with various stakeholders such as control owners, business stakeholders, External Auditors and Control functions across the business representing the ICAR team 


• Develop and maintain automated control testing solutions by leveraging data analytics

About the Team:

The Internal Control Assurance & Reporting (ICAR) Team is a global team of Assurance Professionals, responsible for assessing the design adequacy and operating effectiveness of Swiss Re's internal controls. We liaise closely with Operational Risk Management, Group Internal Audit, Governance teams, external Audit and Swiss Re Management. Through our controls testing and assurance activities, we identify areas of control weaknesses and contribute to an improved control framework to ensure operational rigor and effective control related behavior across the Swiss Re Group.

In our work we apply innovative techniques and use data analytics and automation within our assurance and testing processes.

The ICAR Team is part of Group Functions and Operational Risk Management, which consists of Risk Professionals with diverse backgrounds spanning different locations and competencies.

About You:

Essentials:

• 6+ years of work experience in the financial services sector (insurance and/or reinsurance industry preferred), with exposure to finance or assurance functions like internal control testing, risk management, internal/external audit, financial reporting and controlling 

• Good understanding of key business processes and controls over financial reporting or non-financial operations value chain as well as knowledge/experience of IFRS 17 (preferred)

• University degree in related field


• Critical thinker that sees the "big picture" (e.g. overall themes, trends, goals)

• Result oriented individual with agile mindset and ability to work independently, able to plan well, work in the field and able to deliver results in time


• Good communicator, able to gain and maintain trust while delivering difficult messages


• Strong analytical professional with problem-solving and interpersonal skills


• Team worker, able to listen to others but also influence

• Fluent in English, written and spoken

Nice to Have:

• Expertise or related experience in Underwriting, Claims handling or Re-insurance business operations


• Qualified or working towards a CPA, CA, CIA or CFA professional certification


• Hands-on experience with AI is considered a value-add, particularly in applying AI for driving audit efficiency and leveraging Generative AI solutions for automated testing, documentation, and data analysis