Compliance & Audit Analyst, EvolutionIQ
$100-120k
Plus equity plan
More information about location
AI for insurance carriers
Be an early applicant
AI for insurance carriers
101-200 employees
Be an early applicant
$100-120k
Plus equity plan
More information about location
101-200 employees
Company mission
To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.
Role
Who you are
- The ideal person will bring a sharp analytical mindset, excellent organizational skills, and a proactive approach to problem-solving and process improvement
- Bachelor’s degree and 3+ years of experience in compliance, audit, risk management, or a related area. (In lieu of degree 5+ years is acceptable)
- Experience working in a tech or software company is strongly preferred
- Working knowledge of cybersecurity standards and frameworks such as ISO/IEC 27001/ISO 27002, NIST, HITRUST and SOC2 and have a working understanding of laws and regulations associated with information security and privacy such as HIPAA, CCPA, GDPR, PCI, etc
- Work in tandem with the CSO to perform ongoing internal security program assessments and ensure that HITRUST and SOC2 certification controls are maintained by their owners
- Experienced with and comfortable working in a GRC tool like Vanta or Drata, as well as configuring and maintaining it
- Work in tandem with the CSO to accurately provision Customer and Third-Party Security Compliance Assessments on a timely basis
- Analyze findings, document, recommend and report program gaps to security leadership
- Experience with auditing Google Workspace and Google Cloud is a very big plus
- Keen attention to detail and the ability to manage multiple priorities and deadlines with a proactive and solution-oriented mindset is needed
- Excellent written and verbal communication skills, with the ability to communicate effectively with both technical and non-technical audiences at various levels within the organization
- A self-starter who takes initiative and can work independently with the appropriate level of support
- Someone who thrives in a fast-paced, evolving environment and is eager to learn and grow their knowledge in a well mentored team
- A team player who can collaborate effectively across departments and functions
What the job involves
- We are seeking a proactive and detail-oriented Compliance & Audit Analyst to join our Security team and will report to the Chief Security Officer
- This role will be instrumental in ensuring our operations remain compliant with internal policies, industry regulations, audit standards, and to help maintain our certifications
- Support the development, implementation, and maintenance of compliance programs and internal audit processes
- Conduct regular audits and risk assessments across various departments to ensure adherence to internal policies and regulatory requirements
- Collaborate with cross-functional teams to identify compliance gaps and recommend practical solutions
- Prepare and present reports on audit findings, including risk areas and corrective action plans
- Maintain accurate documentation and records related to audits, risk assessments, and compliance activities
- Stay up-to-date with changes in regulatory requirements and industry best practices
- Assist with vendor risk management, data protection reviews, and third-party compliance checks
- Promote a culture of compliance and integrity throughout the organization
Our take
EvolutionIQ is a data-driven claim guidance platform for insurance providers. Its products combine structured and unstructured claim data with external third party data to provide powerful claim guidance, in an attempt to modernize the claims operations process.
The company's offering is certainly an attractive one for businesses handling large volumes of these claims - the solutions aim to help insurance providers detect and prevent fraud without impacting their productivity and customer experience. Historically, the insurance industry has had access to vast amounts of data without optimizing how they use it. EvolutionIQ's machine learning algorithms harness the learnings from every data point, allowing for much more well-informed, actionable insights.
Competition is steep among AI insurance firms, and EvolutionIQ counts rivals such as CCC Intelligent Solutions and Riskcovry in this space. However, the market size is huge and ripe for disruption. With a valuation of more than $200 million following a successful VC funding round, EvolutionIQ is focused on the further development of its product and international expansion as it hopes to capture a larger slice of this $10 billion market.
Freddie
Company Specialist at Welcome to the Jungle
Insights
111% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2024
$20.2m
LATE VC
Jun 2023
$10.3m
LATE VC
Total funding: $60.4m
Company benefits
- Premium Medical Insurance Plan – Empire Blue Cross Blue Shield Medical insurance
- 401K with employer matching
- Dental Coverage – Principal Financial
- Life insurance / ACDC coverage – Reliance Standard
- Vision – Reliance Standard
- Short Term and Long Term Disability – Unum
- Employee stock option plan
- $500 to get you started setting up your home office and $200 every year for upgrades after that
Company HQ
Flatiron District, New York, NY
Leadership
Tomas Vykruta
(CEO)Has founded a number of companies including Electrolab Inc, and was a Senior Software Development Engineer at Microsoft ATG. Joined Waymo's Machine Learning wing, and then worked as a Staff Engineer at Google. Is currently one of Google's Developer Experts.
Michael Saltzman
(COO)Studied Engineering and Economics at Dartmouth, and obtained an MBA from Stanford. Co-founded Roomie Rentals while still a student, and then joined Bridgewater Associates as an Investment Associate.
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