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- Tasks: Evaluate risks and controls while collaborating with process owners to enhance business processes.
- Company: Join Assurant, a Fortune 500 company known for innovation and a supportive culture.
- Benefits: Competitive salary, professional development, and a hybrid work environment.
- Other info: Dynamic team with opportunities for growth and continuous improvement.
- Why this job: Make a real impact by ensuring compliance and strengthening internal controls.
- Qualifications: Degree in Risk Management or related field, or equivalent experience required.
The predicted salary is between 56200 - 94100 £ per year.
The Process Assurance Analyst is responsible for understanding and evaluating the internal risk and control environment within Connected Living, at the business, process, transaction, and application levels. This role partners closely with process owners to document processes, identify risks and controls, and perform control testing in accordance with established methodologies. The Process Assurance Analyst also supports internal and external audits by facilitating audit activities, issue remediation, and ongoing monitoring to ensure compliance and control effectiveness.
What will be my duties and responsibilities in this job
- Documentation and Testing of Controls
- Partner with process owners to identify and document business processes and associated controls
- Advise process and control owners on the identification of key risks and mitigating controls
- Develop and execute test plans to assess the design and operating effectiveness of controls
- Evaluate control deficiencies and recommend new or enhanced controls to strengthen processes
- Collaborate with management to define risk mitigation action plans, monitor remediation, and ensure timely closure
- Maintain a strong understanding of risk‐based internal control standards and practices
- Monitor and test compliance with internal control requirements (financial and non‐financial)
- Facilitate Audits
- Facilitate internal and external audits in alignment with departmental methodology
- Coordinate audit resources, documentation, and deliverables using prescribed tools
- Partner with issue owners to ensure management action plans are clearly defined
- Support and track remediation efforts for audit findings
- Retest remediated controls prior to auditor re‐testing
- Maintain accurate and up‐to‐date audit data and reporting
- Provide regular updates on audit and remediation progress
- Build Relationships with Business Leaders/Managers
- Develop a strong understanding of Assurant’s businesses and operating environment
- Maintain awareness of industry, regulatory, and business changes and their impact on the control environment
- Apply strong listening and communication skills to understand business risks and priorities
- Build effective working relationships by being responsive and solution‐oriented
- Department Development
- Effectively utilize departmental processes, systems, and methodologies to meet objectives
- Contribute to department initiatives, Centers of Excellence, and continuous improvement efforts
- Actively pursue professional development and apply learnings from internal and external training
Qualifications:
- BA in Risk Management, Business Operations, Compliance, Finance, or a related field, or a minimum of 4 years equivalent process control work experience.
- Proven experience with all Microsoft Office products.
- Must be able to utilize technology to enhance efficiencies.
- Strong analytical and research skills.
- Excellent oral and written communication skills.
- Excellent interpersonal skills with the ability to work across organizational boundaries.
- Excellent organizational skills.
- Ability to prioritize tasks with shifting deadlines and work on multiple projects simultaneously.
- Experience with business process documentation and control testing.
- Knowledge of Six Sigma or process improvement methodologies.
- Experience with MS Visio and SharePoint.
Process Assurance Analyst - Hybrid in London employer: Assurant, Inc.
Contact Detail:
Assurant, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Process Assurance Analyst - Hybrid in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Assurant on LinkedIn. Ask them about their experiences and any tips they might have for landing the Process Assurance Analyst role. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for the interview by diving deep into risk management and control environments. Brush up on your knowledge of Six Sigma and process improvement methodologies. Being able to discuss these topics confidently will show you're serious about the role and ready to contribute.
✨Tip Number 3
Practice your communication skills! As a Process Assurance Analyst, you'll need to collaborate with various teams. Mock interviews with friends or mentors can help you articulate your thoughts clearly and demonstrate your interpersonal skills.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of the Assurant team. So, get your application in and let’s make it happen!
We think you need these skills to ace Process Assurance Analyst - Hybrid in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Process Assurance Analyst role. Highlight your experience with risk management, control testing, and documentation, as these are key aspects of the job.
Showcase Your Skills: Don’t forget to mention your analytical skills and proficiency in Microsoft Office products. We love seeing candidates who can utilise technology to enhance efficiencies, so be sure to include any relevant tools you’ve used.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to describe your experiences and how they relate to the responsibilities outlined in the job description.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Assurant, Inc.
✨Know Your Processes
Before the interview, make sure you understand the key business processes relevant to the role. Familiarise yourself with common risks and controls associated with these processes. This will help you speak confidently about how you can contribute to documenting and testing controls.
✨Showcase Your Analytical Skills
Be prepared to discuss your analytical and research skills. Think of examples where you've evaluated control deficiencies or developed test plans. Highlighting your experience with methodologies like Six Sigma can set you apart from other candidates.
✨Build Relationships
Demonstrate your ability to build effective working relationships. Share examples of how you've collaborated with process owners or management in the past. Emphasising your strong communication skills will show that you can work across organisational boundaries.
✨Stay Updated on Industry Trends
Research current trends in risk management and compliance. Being aware of industry changes and their impact on the control environment will show your commitment to continuous improvement and professional development, which is crucial for this role.