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Director of Internal Audit in Hartford, CT at SNI Financial

Date Posted: 3/18/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Hartford, CT
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    3/18/2020
  • Job ID:
    361834

Job Description



Director of Internal Audit

As an Internal Audit Director, you will:
  • Manage a team of professional direct reports. Responsible for aligning resource allocation with NAAH priorities. Hires and manages individual contributors; coaches and counsels team members. Appraises and evaluates department and individual performance and makes compensation recommendations; oversees the appraisal process.
  • Oversees the execution of audit plan across assigned NAAH businesses ensuring scope and schedule are established for projects; oversees operating plan and resource allocation for the department, including prioritization and staff deployment and acts based on changing priorities. Directs assigned teams through risk analysis, control identification, and audit program development. Independently concludes on the effectiveness of controls through the review of work completed by others. Ensures processes under review are documented / analyzed in accordance with IIA standards and process weaknesses are identified. Has a thorough understanding of project management skills ensuring audits meet department and industry quality expectations and milestone dates.
  • Leads development of the initial NAAH Audit Plan for assigned business areas and companies; communicates department / enterprise vision, strategies, critical success factors and plans; develops plans to achieve department goals. Anticipates and manages process evolution and its related impact on the audit process. Sets direction based on alignment to enterprise objectives and direction. Develops audit committee and management reporting materials for assigned NAAH business.
  • Initiates and fosters business partnerships with functional area managers and executive stakeholders. Develops relationships that promote trust and increase efficiency and effectiveness; balances individual client needs with business priorities assuring alignment with business strategies and objectives.
  • In partnership with NAAH Management team formulates and executes continuous process and organizational improvement direction and programs which enhance overall effectiveness; proactively seeks ways to improve audit process and department management processes.
  • Develops and maintains a network of industry contacts; performs or directs research on industry trends, competitors, business products; analyzes trends and makes strategic and tactical recommendations. Maintains through understanding of changes in audit practices, regulatory requirements, and Risk frameworks to understand their impact to Auditing, Proposes audit approach updates based on these changes.

Experience/Capabilities
  • In depth knowledge of insurance industry operations including primary and reinsurance.
  • Preferred candidate will have ten or more years of experience working in a core insurance function (Underwriting / Actuarial / Claims etc.) with in depth insurance industry experience. Candidates with an audit background should possess in depth knowledge of internal audit practices and the insurance industry along with the ability to evaluate internal controls as typically acquired through 10 or more years of audit or relevant business experience.
  • 5+ years of direct management experience (managing remote teams preferred).
  • Bachelor's Degree (Accounting, Finance, Actuarial Science, Data Science or other business related degree). Master's Degree a plus.
  • CIA or CPA or similar designation is required for those with an auditing background.
  • Demonstrated ability to influence others, including Senior Management as well as strong written and verbal communication skills required.

Must have effective analytical, problem solving, and research skills. Familiarity with data analysis tools, such as ACL (Audit Command Language), is a plus