Process Assurance Analyst
Posted on: July 16, 2021
The Process Assurance Analyst is responsible for understanding
and evaluating the internal risk and control environment within
Private Flood Suite of Products, at the business, process,
transaction, and/or application level. Responsibilities include
consulting with process owners in completing all the process
documentation, advising the identification of process Risks and
Controls, and testing the controls in compliance with established
controls methodology, overseeing state regulatory
requirements. The Process Assurance Analyst will additionally
support both internal and external audits by facilitating the audit
and remediation process.
Documentation and Testing of Controls (40%)
Consult with process owners assisting them in the identification
and documentation of business processes and controls.
Advise the process/control owners on the identification of Risks
and Controls within their processes.
Create Test Plans for testing the processes and controls
Test controls within the business processes ensuring that they
are designed and operating effectively. Evaluate control
deficiencies and, identify new or enhanced controls which will
strengthen the business processes.
The Process Assurance Analyst will work with management to
define risk mitigation action plans to resolve process gaps and
monitor remediation on a timely basis.
Maintain a thorough understanding of risk-based internal control
requirements and practices.
Monitor and test compliance of internal control standards
(financial and non-financial)
Facilitate Audits (40%)
Facilitate internal and external audits utilizing the
Coordinate resources and deliverables for the audit team using
the prescribed tools.
Work with the Issue Owners to ensure that the management action
plans on the issues are defined.
Facilitate the Remediation process for issues arising out of the
Retest remediated controls prior to the internal or external
Ensure all data regarding audits is up to date in the
Report on progress of the issues.
Build Relationships with Business Leaders/Managers
Develop an understanding of the Assurant Businesses.
Maintain awareness of significant industry, regulatory and
business changes across the organization and their potential impact
on the established control environment.
Apply listening skills to understand business issues and risks
by being responsive to clients.
Department Development (10%)
Utilize department processes, systems and methodologies
effectively and efficiently enabling the department to fulfill
Assist in department initiatives, Centers of Excellence and
other teams to review and improve department processes, systems and
Actively learn and apply knowledge gained through professional
development opportunities, including external and internal
BA in Risk Management, Business Operations, Compliance,
Finance or a related field, OR 4 years equivalent process control
Strong proficiency in MS Word, Excel, PowerPoint, Outlook.
Must be able to utilize technology to enhance efficiencies.
Strong analytical and research skills.
Excellent oral and written communication skills.
Excellent interpersonal skills with ability to work across
Excellent organizational skills.
Ability to prioritize tasks with shifting deadlines and work on
multiple projects simultaneously.
Proficiency with SharePoint and MS Visio.
Experience with business documentation and control testing.
Six Sigma knowledge and experience.
PMS (Process Management System) - someone who
has been a PMS business analyst or included as part of a PMS
development team would be preferred. Otherwise, someone who is
familiar with PMS segments, the different PMS screens, and can read
and understand a reference manual for each LOB. Someone who has
established a strong networking relationship with other PMS subject
matter experts at Assurant would be a plus.
Note: This is a remote position.
What You Should Know About Us:
At Assurant, our core values - integrity, change, urgency, and
excellence - guide us as we work together to support our
commitments to our clients, their customers and to each other. In
collaboration with leading retailers, wireless carriers, utilities,
and financial institutions worldwide, we underwrite, market and
administer extended service or service contract programs for
consumers and small businesses.
Assurant, Inc. helps people protect what matters most to
We have been around for a while with our roots tracing back to
We are a Fortune 500 company employing approximately 15,000
people in 21 countries
We provide specialty protection products and related services to
safeguard against risks
Assurant (NYSE: AIZ) is a global provider of risk management
solutions, protecting where consumers live and the goods they buy.
A Fortune 500 company, Assurant focuses on the housing and
lifestyle markets, and is among the market leaders in mobile device
protection; extended service contracts; vehicle protection;
pre-funded funeral insurance; renter’s insurance; lender-placed
homeowner’s insurance; and mortgage valuation and field services.
With approximately $42 billion in total assets and $8 billion in
annualized revenue, Assurant is in 21 countries and operates across
North America, Latin America, Europe and with an emerging footprint
For more information, please visit https://www.assurant.com/
Keywords: Assurant, Hammond , Process Assurance Analyst, Other , Hammond, Indiana
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