Job Description
The Internal Auditor assists in evaluating and improving the effectiveness of the organization's governance, risk management, and internal control processes. Working under the direction of Internal Audit leadership, this role participates in operational, financial, regulatory, and information technology audits to ensure compliance with company policies, industry regulations, and best practices. The Internal Auditor analyzes business processes, identifies control weaknesses and opportunities for improvement, and provides recommendations that support organizational objectives while helping safeguard company assets.
RESPONSIBILITIES - Participate in planning and executing risk-based internal audits across business functions.
- Conduct interviews with business leaders and employees to gain an understanding of processes, controls, and risks.
- Document business processes using narratives, flowcharts, and process maps.
- Perform testing of internal controls and evaluate the design and operating effectiveness of those controls.
- Analyze financial, operational, and compliance data to identify trends, anomalies, and potential risks.
- Prepare audit workpapers that are complete, accurate, and support audit conclusions.
- Assist in developing audit reports that clearly communicate findings, root causes, risks, and recommendations.
- Track management action plans and validate completion of corrective actions.
- Support enterprise risk assessment activities and annual audit planning.
- Monitor changes in regulatory requirements and industry practices that may impact the organization.
- Assist with inquiries of external auditors and regulatory examinations as needed.
- Identify opportunities to improve internal controls, operational efficiency, and business processes.
- Maintain confidentiality of sensitive business information.
- Perform special projects, investigations, and consulting engagements as assigned.
JOB REQUIREMENTS - Bachelor's degree or combo degree in Accounting, Finance, Business Administration, Data Analytics, IT, or Risk Management.
- Three to five (3-5) years of working experience in internal audit, external audit, accounting, compliance, risk management, or a related analytical role.
- Knowledge of internal auditing principles, risk assessment methodologies, and internal control frameworks (COSO preferred).
- Understanding of financial reporting, operational processes, and regulatory compliance.
- Strong analytical and problem-solving skills.
- Ability to analyze large volumes of data and identify meaningful trends.
- Excellent written and verbal communication skills.
- Strong organizational and project management abilities.
- Ability to work independently while managing multiple priorities.
- Proficiency in Microsoft Office, particularly Excel.
- Experience using data analytics or audit software (Optro/AuditBoard, ACL, IDEA, Power BI, or similar) is preferred.
- High degree of integrity, professionalism, and sound judgment.
- Ability to build productive working relationships across all levels of the organization.
PREFERRED REQUIREMENTS - Experience within the Property & Casualty insurance industry.
- Experience auditing operational processes, claims, underwriting, finance, regulatory compliance, risk management, or a related analytical role.
- Progress toward or possession of one or more professional certifications, such as:
- Certified Internal Auditor (CIA)
- Certified Public Accountant (CPA)
- Certified Information Systems Auditor (CISA)
- Certified Fraud Examiner (CFE)
PHYSICAL DEMANDS: The physical demands described here are representative of those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
While performing the duties of this job, the employee is regularly required to perform manual tasks, including hand and finger use and control operations. Tasks may also require the ability to talk or hear. The employee will frequently sit, bend, and reach with hands and arms, and is occasionally required to stand and walk. The employee may occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus. Other abilities include possessing the capacity to learn, concentrate, think, and read. Often, the employee communicates and interacts with others while working.
To perform this job successfully, an individual must satisfactorily perform each essential duty. The listed requirements represent the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job-related instructions and perform any other job-related duties requested by anyone authorized to give instructions or assignments.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
Job Tags
Work experience placement, Work at office