Director Of Internal Audit - Insurance

Job DetailExperience Level DirectorDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000019920Salary Type AnnuallyIndustry InsuranceSelling Points Lead impactful internal audits and SOX compliance processes in a dynamic environment. Collaborate with senior management to drive risk management strategies. Foster team growth while ensuring ethical audit practices.Job DescriptionDirector of Internal Audit OverviewThe Director of Internal Audit oversees internal audits and SOX compliance processes, ensuring effective controls and adherence to professional standards.Plan, lead, and execute risk-based audits while maintaining alignment with organizational values and objectives.Collaborate with senior management to develop and implement audit strategies that address key business risks.Provide mentorship and guidance to audit team members, fostering professional growth and inclusivity.Develop and utilize computer-assisted audit techniques to enhance control testing efficiency.Ensure compliance with applicable standards and maintain ethical practices within the audit function.Establish strong relationships with management, regulators, and external auditors to support audit objectives.Contribute to the organization’s risk management framework by coordinating with second-line functions.Lead assessments of third-party controls, including SOC report evaluations and their impact on company controls.Director of Internal Audit Key Responsibilities & DutiesDevelop and execute a risk-based audit plan in collaboration with senior audit leadership.Conduct complex audits of internal controls and SOX compliance, identifying deficiencies and recommending remediation actions.Analyze control deficiencies, perform root cause analyses, and assess impacts on financial statements.Guide audit teams in executing integrated audits and monitoring progress against objectives.Prepare concise audit reports and deliverables, ensuring clarity and accuracy.Oversee tracking and reporting of management action plans and audit metrics.Maintain compliance with professional standards and ethical practices within the audit function.Support administrative activities, including time reporting and issue follow-up tracking.Travel domestically up to 20% as needed to support audit activities.Director of Internal Audit Job RequirementsBachelor’s degree in accounting, finance, MIS, risk management, or related discipline.Applicable audit certification such as CPA or CIA is required.Minimum of 9 years of audit experience, with 15 years preferred.Proficiency with audit tools, Microsoft Office applications, and data analysis techniques.Strong background in accounting and financial industry audits, with knowledge of related risks and controls.Experience in general insurance or reinsurance environments is highly desirable.Demonstrated leadership skills, including team development and fostering inclusivity.Excellent communication skills to convey technical and non-technical information effectively.Ability to manage in a fast-paced environment and adapt to constant changes.