Internal Auditor
We are partnered with a growing Property & Casualty insurance organization seeking an Internal Auditor to join its developing Internal Audit function. Reporting to the Internal Audit Manager, this individual will support risk-based audits across financial, operational, compliance, and insurance-specific areas while gaining broad exposure across the organization.
This position is based in Arlington Heights, IL and offers a hybrid work structure.
Responsibilities
- Execute financial, operational, compliance, and process audits across the organization
- Perform walkthroughs, identify key risks and controls, and execute control testing
- Support audits across underwriting, claims, premium billing, finance, reinsurance, MGAs, TPAs, and other third-party relationships
- Evaluate the design and operating effectiveness of internal controls
- Assist with Model Audit Rule (MAR) testing, documentation, and remediation follow-up
- Utilize data analysis to identify control gaps, process inefficiencies, and potential risk areas
- Prepare audit workpapers and draft findings with practical recommendations
- Track management action plans and validate remediation efforts
- Partner with Finance, Compliance, Legal, Risk, Operations, and other business stakeholders
- Support the continued development and maturity of a growing Internal Audit function
Qualifications
- Bachelor’s degree in Accounting, Finance, Business, Risk Management, or a related field
- 3+ years of experience in internal audit, external audit, accounting, risk, compliance, or internal controls
- Property & Casualty insurance experience preferred
- Exposure to insurance operations, statutory reporting, reinsurance, fronting, or regulatory compliance is a plus
- Understanding of risk-based auditing, internal controls, risk assessment, and control testing
- Strong analytical, communication, and organizational skills
- CPA, CIA, CISA, or progress toward a relevant certification preferred
