Audit Manager – Insurance

Role Overview

• Primarily serves as Auditor-in-Charge (AIC) and main point of contact for the business through Audit engagements.
• Leads and executes complex audit engagements throughout the audit lifecycle.
• Leads continuous monitoring and advisory activities, special reviews and investigations.
• Responsible for executing multiple areas of complex test work during audit activities.
• Executes audit documentation techniques including key risks and controls alignment to audit test objectives and conclusions and assigning appropriate issue severity.
• Manages day to day engagement-related efforts and assignments of Audit team members with varying degrees of expertise and experience when conducting engagements as the Auditor-in-Charge (AIC).
• Develops and independently updates risk & control matrix at the engagement level for each engagement.
• Develops and verifies accuracy of content within audit reports and conducts continuous monitoring activity documentation.
• Reviews work of team members; providing feedback/questions and completes audit team end of engagement evaluations when applicable.
• Ensures engagements are completed objectively, professionally, and in accordance with corporate and industry audit standards.
• Makes recommendations for severity ratings to Senior Audit Manager (SAM)/Director.
• May communicate with regulators.
• Utilizes and provides guidance to team members on the use of audit business systems, applications, and/or audit tools to create queries and ad hoc reports.
• Reviews, analyzes, and interprets data collected from multiple sources to ensure valid conclusions from audit testing are drawn.
• Identifies control weaknesses and opportunities for improvement in the current operating environment and provides recommendations for corrective action; drafts the related audit issues and audit reports with oversight from audit leadership for issuance to respective client leadership and coordinates and/or conducts follow-up activities.
• Leads team audit activities and provides feedback on planning and scoping, and review of risk assessment and testing that demonstrates critical thinking ability.
• Builds and develops relationships both internally within Audit Services and externally with clients and control partners to help drive strategic objectives with the business and effectively challenges business action plans.
• Communicates effectively with the business/clients and delivers risk-based and difficult messages regarding issues and control weaknesses to ensure proper risk assurance coverage.
• Provides day to day coaching guidance and on the job training to team members to ensure development, quality and timely audit engagement deliverables.
• Provides information from audit results and insight to assists Audit Leadership in the updating of risk profiles and risk assessments related to the engagement.

Requirements

• Bachelor's degree in Business, Finance, Accounting, Business, Information Technology or related field; OR 4 years of relevant education and/or experience.
• 5 to 6 or more years of Audit experience in Life Insurance, P&C Insurance and/or Financial Services.
• Experience performing internal audits, external audits, or applying audit, risk, or compliance acumen in a complex operational and regulatory environment.
• Knowledge of internal audit principles or initiative to examine, analyze, assess, and draw conclusions from audit work and present findings to multiple audiences.
• Demonstrated experience effectively communicating and challenging Controls with business partners and leaders.
• Understanding of risks and internal controls and the ability to evaluate and determine adequacy and efficiency of controls.
• Experience in a support role, mentoring, and providing feedback to audit team members throughout the audit.
• Demonstrated experience in highly dynamic environment undergoing change; ability to deal with competing priorities.

Benefits

• comprehensive medical, dental and vision plans
• 401(k)
• pension
• life insurance
• parental benefits
• adoption assistance
• paid time off program with paid holidays plus 16 paid volunteer hours
• various wellness programs
• career path planning and continuing education