What are the responsibilities and job description for the Senior Internal Audit Manager position at Central Mutual Insurance Company?
Location: Hybrid Work Model -- Van Wert, OH, Dublin, OH We are seeking a highly experienced and dynamic Sr. Internal Audit Manager to join our team. This role is critical in ensuring the effectiveness of our internal controls, risk management, and governance processes. The successful candidate will have a strong background in internal auditing within the insurance industry, with a focus on property & casualty insurance. This is the perfect opportunity for a talented Internal Audit professional looking to establish new ways that the Internal Audit function can fulfill its mission and also advance Central's strategic priorities. How You’ll Make an Impact
Engages with General Counsel to establish strategic internal audit strategy and audit plan
Communicates and executes internal audit strategy and audit plan. Sets expectations for team and holds them accountable for results.
Focus on creating value for the organization and supporting strategic initiatives through the internal audit function.
Deploy automation and data-science techniques to enhance the efficiency and effectiveness of the audit process.
Work cross-functionally with business units, other support functions (e.g., accounting), and especially legal and compliance to ensure the internal audit function fulfills its duties and the organization achieves its strategic priorities.
Recruiting, developing, and mentoring Internal Audit team
Effectively evaluating performance for the team and individually
Managing staffing, workloads and budgets effectively
Conduct risk assessments and identify areas of potential risk within the organization.
Perform audits of financial, operational, and compliance processes.
Communicate audit findings and recommendations to senior management and the audit committee.
Monitor the implementation of audit recommendations and corrective actions.
Stay current with industry trends, regulations, and best practices in internal auditing and insurance.
Build, maintain, and promote productive relationships with the Audit Committee, management, external auditors, and regulators
Champion the Internal Audit function across the company, promoting awareness and education
General understanding of leadership skills, including coaching, team building, and conflict resolution
Advanced project management skills including time and risk management, resource prioritization, and project structuring
Strong analytical and problem-solving skills
Strong verbal and written communication skills, including negotiation, presentation, and influence skills
Advanced business acumen, technical knowledge, and extensive knowledge in applications and technologies
Strong multi-tasking and prioritization skills
Good understanding of Central Insurance’s policies and processes
What You’ll Bring
Master’s degree in accounting, finance, business or related field and 4 years of internal audit experience &/or public accounting experience including 1 year of management experience
Or Bachelor’s degree in accounting, finance, business or related field and 6 years of internal audit experience &/or public accounting experience including 1 year of management experience
Or 8 years of internal audit experience &/or public accounting experience including 1 year of management experience
Preferred
In depth knowledge of property & casualty insurance operations and regulations
Audit experience