Sr. Internal Auditor

Our client located in Florida seeks a Sr. Internal Auditor in the insurance industry. The position is responsible for organizing and implementing a monitoring program over the financial accounting and reporting processes that will help ensure the correctness, completeness, and accuracy of reported amounts and to help safeguard the assets of the Company. The monitoring program will also monitor compliance with adopted policies and rules. This position performs or coordinates audits and reviews to provide the Board with independent, objective information concerning financial accountability, adequacy of management controls, and compliance with state laws, rules, and regulations.

Job Responsibilities

• Verify that policies and procedures are being followed to determine their adequacy and effectiveness.
• Assist Chief of Internal Audit with Audit Committee & Board of Governors communications which may include presentations at these types of meetings.
• Evaluate and document internal controls procedures relating to cash handling, disbursements, fixed assets, payroll, investments and systems.
• Develop internal audit plan including outsourcing of certain operational and financial audit functions.
• Prioritize, plan and assign audits as necessary and review work papers and written audit reports at the conclusion of the audits.
• Supervising audit work. This includes assigning work sections, training and coaching assigned staff, monitoring progress, providing feedback to staff and ensuring that audit objectives are met.
• Conduct fieldwork, including flowchart documentation, testing, work paper documentation, control analysis and development of recommendations.
• Planning audits, including: client communication, data analysis, risk identification, key control analysis and determination of recommended audit scope and objectives.
• Issue audit reports.
• Reviewing all work associated with audit, providing feedback, training and guidance to staff on performance in accordance with departmental standards.
• Conduct compliance audits of the Company’s administrative office.
• Ensure compliance with Company underwriting guidelines, state laws, rules, and regulations.
• Perform internal investigations as directed by the Board of Governors.
• Conduct “focused audits” as they arise.
• Analyze findings and recommend solutions that improve financial performance, accounting control practices and operations.
• Assist in the development of procedures to test and address potential internal control weaknesses and recommendations to strengthen internal controls.
• Adjust internal expenditures including, but not limited to travel reimbursements and purchases.
• Review internal interim unaudited financial statements.
• Work directly with independent auditor to facilitate financial statement audit process.
• Provide assistance and advice to management and the Board on auditing related issues.
• Perform special projects assigned by the Board of Governors.
• Communicate all audit findings directly to the audit committee and Board of Governors.
• Managing client communication during the audit process, including introduction of the audit, progress meetings, exit meetings, report drafting and distribution and follow up related to the open items resolutions
• Pursuing professional development opportunities including external and internal training and professional association memberships, and sharing information with co-workers.
• Keeping abreast of auditing, accounting, regulatory or other developments that may impact the internal audit areas or assigned areas. Also responsible for developing and maintaining a complete understanding of the assigned business.
• Updating the Chief of Internal Audit regarding the progress of the assigned audit, significant issues identified, suggested solutions and completion status. Provide reports to Audit Manager prior to final discussion with client.
• Developing and maintaining productive client relationships through individual contact and group meetings.
• Perform other related duties as assigned.

Job Requirements

• Bachelor’s degree in a professional field such as business, accounting or related field.
• Active Certified Public Accounting License and/or Certified Internal Auditor preferred.
• Five to Seven years of relevant work experience.
• Intermediate to advanced level of knowledge of Windows PC environment, specifically Excel and Word.
• P&C Insurance experience preferred.
• This position requires the ability to sit for long periods of time, hear and converse over the telephone, and key frequently on a computer (2 or more hours per day).


Salary $55,800 - $72,500
Excellent Benefits. Relocation assistance available.