Skill required: Risk & Compliance - Insurance Risk Management
Designation: Risk and Compliance Senior Analyst
Qualifications:Any Graduation
Years of Experience:5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Risk and Compliance vertical and help us perform compliance reviews, publish reports with actions and provide closure guidance as needed. We design & recommend effective controls to mitigate risks and help service delivery team prepare for upcoming client / external audits. You will be working as a part of the Risk & compliance team which is responsible for helping clients and organizations identify risks and create mitigation plans. You will be performing risk assessments of various occupancies from a property insurance loss prevention perspective in support of global account engineers & underwriters. The risk assessments will be completed by conducting an analysis of submitted values, as well as various construction, protection, & occupancy features which would be determined through the receipt of a loss prevention survey report. You will be interpreting these reports & translating the information into risk quality ratings and fire/Nat Cat loss estimates following guidelines, utilizing available tools and utilities. You will review accounts for essential elements for location assessment as per guidelines, focusing on major findings & Loss Estimates from LDRs, & providing an overall account analysis & Rating to underwriters for risk selection.
What are we looking for? Strong Microsoft Excel skills Strong process-related skills Organized and detail-oriented Strong Excel Skills with experience in manipulating large sets of data in Excel Excellent communication (written and verbal), interpersonal and presentation skills to effectively interact throughout the company Proven analytical and problem-solving abilities Willingness to work flexible hours, as necessary, to meet monthly and quarterly deliverable deadlines and to provide extended-hour customer service support. Strong stakeholder management Excellent written and oral communication skills, interpersonal and presentation skills to effectively interact throughout the company High attention to detail.
Roles and Responsibilities: Assist in the following tasks to senior colleagues in the Risk & Controls Team: Evaluate and document the Operating Effectiveness of the assigned controls/contracts in GRC Tool by the defined due dates. Evaluation of Operating Effectiveness includes: Inspecting evidence to ensure control activities are performed accurately and consistently Documenting the findings in the GRC Tool Concluding on the Operating Effectiveness of each internal control For those controls assessed as ineffective, notifying the responsible party that an action plan is required Create reports to monitor the completion of OE Testing process. Report and escalate issues to the supervisor Develop an understanding of relevant team tools and systems (Sar box, Archer, SharePoint sites, SAP, Peoplesoft, etc.Archer, W-Desk, etc.). Develop standard email notifications / communications to facilitate the proper and timely execution of the control’s procedures (reminders, calendars, lessons learned, etc.) Oversee and review the various KPIs and deliverables of Quality testing team. Ensure compliance with internal policies (audit methodology and risk management) and obtaining, analyzing and evaluating documentation, reports, data, flowchart etc. Play an active part in identifying process gaps and establishing new processes, automation with emphasis on internal controls Ensure all required controls are implemented, documented, and monitored to ensure full audit compliance. •