Director Internal Audit
UFG is seeking a Director - Internal Audit to provide strategic leadership and operational oversight for the planning, execution, and reporting of the audit function. Reporting directly to the VP, Internal Audit, this role is responsible for managing the audit lifecycle, evaluating the effectiveness of internal controls, and ensuring the audit team delivers high-quality results. The ideal candidate is a seasoned leader with extensive technical expertise, capable of driving department-wide initiatives and mentoring a team of professionals to meet the organization’s evolving risk landscape.
Essential Duties & Responsibilities:
Collaborate with the VP, Internal Audit and business leaders to develop and implement a multi-year, risk-based internal audit plan.
Oversee the end-to-end execution of the annual audit plan, ensuring all financial, operational, and compliance projects are completed on time and within budget.
Lead the department-wide risk assessment process, identifying emerging risks and refining the audit scope to provide maximum value to the organization.
Directly manage and mentor a team of internal audit managers and staff, overseeing talent development, performance evaluations, and resource allocation.
Ensure the audit methodology remains best-in-class, incorporating data analytics and continuous monitoring to enhance efficiency.
Review and approve high-level audit findings and strategic recommendations, ensuring they are accurately synthesized.
Support the VP, Internal Audit in preparing materials, reports, and presentations for senior management and the Audit Committee.
Build and maintain executive-level relationships with key stakeholders across the organization to facilitate a culture of transparency and accountability.
Provide senior oversight for control testing related to SOX and NAIC Model Audit Rule (MAR), ensuring alignment with external audit requirements.
Monitor the implementation of corrective action plans, providing executive-level guidance to auditees on complex remediation efforts.
Serve as a primary point of contact for external auditors and regulatory bodies, coordinating annual audit plans and information requests.
Job Specifications:
Education:
Bachelor’s degree in Accounting, Finance, Business, Information Technology, Insurance or a related field. A Master’s degree or MBA is highly preferred.
Certifications/Designations:
Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) is required.
Other relevant certifications (e.g., CISA, CFE) are a plus.
Experience:
10+ years of experience in auditing, accounting, or business analysis.
5+ years of experience in a leadership or supervisory role, with a proven track record of managing managers and diverse audit teams.
Extensive experience within the insurance or financial services industry is preferred.
Knowledge, skills & abilities:
Expert-level knowledge of accounting principles (GAAP/STAT) and internal control frameworks (COSO, COBIT).
Strong executive presence with the ability to influence senior-level management.
Advanced project management skills, with the ability to oversee multiple complex workstreams simultaneously.
High level of integrity, objectivity, and professional skepticism.
Pay Transparency Statement
UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $154,858.25 - $204,236.75 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.
In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes:
Annual incentive compensation
Medical, dental, vision & life insurance
Accident, critical Illness & short-term disability insurance
Retirement plans with employer contributions
Generous time-off program
Programs designed to support the employee well-being and financial security.
This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.
Apply Now
Essential Duties & Responsibilities:
Collaborate with the VP, Internal Audit and business leaders to develop and implement a multi-year, risk-based internal audit plan.
Oversee the end-to-end execution of the annual audit plan, ensuring all financial, operational, and compliance projects are completed on time and within budget.
Lead the department-wide risk assessment process, identifying emerging risks and refining the audit scope to provide maximum value to the organization.
Directly manage and mentor a team of internal audit managers and staff, overseeing talent development, performance evaluations, and resource allocation.
Ensure the audit methodology remains best-in-class, incorporating data analytics and continuous monitoring to enhance efficiency.
Review and approve high-level audit findings and strategic recommendations, ensuring they are accurately synthesized.
Support the VP, Internal Audit in preparing materials, reports, and presentations for senior management and the Audit Committee.
Build and maintain executive-level relationships with key stakeholders across the organization to facilitate a culture of transparency and accountability.
Provide senior oversight for control testing related to SOX and NAIC Model Audit Rule (MAR), ensuring alignment with external audit requirements.
Monitor the implementation of corrective action plans, providing executive-level guidance to auditees on complex remediation efforts.
Serve as a primary point of contact for external auditors and regulatory bodies, coordinating annual audit plans and information requests.
Job Specifications:
Education:
Bachelor’s degree in Accounting, Finance, Business, Information Technology, Insurance or a related field. A Master’s degree or MBA is highly preferred.
Certifications/Designations:
Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) is required.
Other relevant certifications (e.g., CISA, CFE) are a plus.
Experience:
10+ years of experience in auditing, accounting, or business analysis.
5+ years of experience in a leadership or supervisory role, with a proven track record of managing managers and diverse audit teams.
Extensive experience within the insurance or financial services industry is preferred.
Knowledge, skills & abilities:
Expert-level knowledge of accounting principles (GAAP/STAT) and internal control frameworks (COSO, COBIT).
Strong executive presence with the ability to influence senior-level management.
Advanced project management skills, with the ability to oversee multiple complex workstreams simultaneously.
High level of integrity, objectivity, and professional skepticism.
Pay Transparency Statement
UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $154,858.25 - $204,236.75 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.
In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes:
Annual incentive compensation
Medical, dental, vision & life insurance
Accident, critical Illness & short-term disability insurance
Retirement plans with employer contributions
Generous time-off program
Programs designed to support the employee well-being and financial security.
This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.
Apply Now