Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of policyholders and its policyholder-owners. Velocity Specialty Insurance Company is a new subsidiary of FM that is backed by the financial strength and legacy of FM.
Velocity Specialty provides Excess & Surplus Lines coverage in catastrophe exposed market spaces and aligns with FM’s approach in understanding the hazards that can impact property losses and business continuity to provide insurance protection, not generally available in the standard/admitted market, to meet the needs of policyholders.
We are seeking an experienced Internal Auditor to join our team. In this role, you will independently plan and execute financial, operational, and internal control audits across assigned business areas. You will evaluate the effectiveness of internal controls, identify risks and improvement opportunities, and provide recommendations that strengthen processes, compliance, and operational efficiency. The ideal candidate is analytical, detail-oriented, and comfortable working independently while partnering with stakeholders across the organization to drive continuous improvement.
Some travel required, pay will be aligned to VSIC, and any benefits are based on the FM benefits provided to VSIC.
The hiring range for this position is $94,000 - $134,000. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and career development opportunities, tuition reimbursement, flexible work and time off, including vacation and sick time.