Senior Internal Auditor

Job Description

Job Description

Position Overview

The Senior Internal Auditor plays a critical role in safeguarding BCS Financial Corporation’s assets, operational integrity, and regulatory standing. This position is responsible for planning and conducting ongoing independent audits and reviews of BCS assets to ensure workplace compliance with applicable laws regulations, internal policies, and procedures. This position requires an individual with high integrity, ethics, and appropriate judgment, independence, and discretion. This person is responsible for supporting internal and external auditing bodies.

This position will report to the Director of Internal Audit.

Essential Elements

• Audits - conduct audits and reviews for the purpose of protecting the assets of BCS by providing management with independent, objective opinions of an audit subject. Prepare documentation to support audit findings and report on those findings in a clear and concise format.
• Plan, lead, and execute audits to assess compliance with applicable state laws and regulations governing the Registration and Regulation of Third Party Administrators, including licensing, financial requirements, reporting obligations, administrative standards, claims administration, and policyholder service obligations.
• Lead the annual Model Audit Rule audit program in accordance with NAIC Model Audit Rule requirements, including scoping, risk assessment, testing, and reporting.
• Manage multiple concurrent audit projects, meeting established timelines and quality standards.
• Collaboration – work with employees from other functional areas (subject matter experts) of the Company in a cooperative and respectful manner.
• Communications - develop positive relations within BCS and confer with management staff on internal audit findings, prepare draft of the audit committee update report, provide support to external auditors, and maintain a working relationship with the internal auditors.
• Documentation- maintain appropriate documentation in accordance with department methodology for audit processes and procedures including the planning documentation, sample selection, work programs, work papers, and reporting.
• Subject Matter Expertise- master the requisite body of knowledge needed for a specific audit or review.
• Risk Mitigation- Assist management with identifying and assessing strategic risk, performing a risk assessment of related exposures and controls of select business partners.
• Contribute to the continuous improvement of Internal Audit methodologies, standards, and operational practices.

Requirements

Education and Certifications

• Bachelor’s degree in Accounting or Finance required
• Accounting, Audit, or Systems Audit designation preferred: CPA, CIA, CISA

Experience

• 5 years’ experience in public accounting or internal audit preferred
• Insurance (property & Casualty, life, health) or financial services industry experience preferred
• Model Audit Rule or Sarbanes-Oxley Act (SOX) preferred
• Microsoft Office Suite experience required
• ACL (Audit Command Language) or other data mining tool experience preferred

Travel Required

• Nationwide travel up to 10% for site visits

Compensation And Benefits

The target base salary range for this full-time, salaried position is

$85,000 - $100,000

Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. Total pay may include other forms of compensation. In addition, we offer competitive health, dental, 401k and wellness benefits beginning on the first day of the month following the first day of employment. Please ask your Talent Acquisition Specialist for more information about our total rewards package.