Internal Audit Manager


Chicago
Permanent
USD120000 - USD150000
Finance and Accounting
PR/592815_1780335002
Internal Audit Manager

Overview

Our Client is a growing Property & Casualty insurance platform seeking an Internal Audit Manager to build and lead its internal audit function. This is a newly created role focused on strengthening governance, risk management, and internal controls as the organization continues to scale.

The ideal candidate is hands‑on, comfortable in a fast‑moving environment, and brings experience across insurance operations, regulatory frameworks, and control environments.

Key Responsibilities

  • Establish and lead the internal audit function, including developing audit methodologies, risk assessments, and annual audit plans
  • Perform operational and financial audits across core business areas, including underwriting, claims, and other key processes
  • Evaluate internal controls related to financial reporting and regulatory compliance
  • Identify risks, control gaps, and process improvement opportunities
  • Partner with leadership to support strategic initiatives and provide advisory insights
  • Support regulatory reviews and coordinate with external auditors as needed
  • Track remediation efforts and report findings to senior leadership

Qualifications

  • 5-10+ years of experience in internal audit, risk, accounting, or advisory roles within insurance or financial services environments
  • Strong understanding of Property & Casualty insurance operations, including underwriting, claims, premium flows, and reinsurance structures
  • Experience with internal control frameworks (e.g., SOX, Model Audit Rule, or equivalent) and familiarity with regulatory expectations
  • Background in public accounting or consulting (Big 4 or similar) highly preferred
  • Demonstrated ability to design, implement, or enhance audit programs or control frameworks
  • Experience auditing or supporting regulated environments, including interactions with auditors and regulators
  • Strong analytical skills with the ability to assess risk, interpret data, and identify control gaps
  • Proven ability to operate in high-growth or evolving organizations, including working through ambiguity and building processes from scratch
  • Strong communication skills with the ability to present findings and influence stakeholders at multiple levels
  • Professional certification such as CPA, CIA, or equivalent strongly preferred

FAQs

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