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Internal Audit Manager
Internal Audit ManagerUnited Fire & Casualty • Cedar Rapids, IA, United States
Internal Audit Manager

Internal Audit Manager

United Fire & Casualty • Cedar Rapids, IA, United States
13 days ago
Job type
  • Full-time
Job description

United Fire Group is looking for an Internal Audit Manager to lead the planning, execution, and reporting of financial, operational, and compliance audits across the organization. This role is responsible for overseeing the internal audit function, evaluating the effectiveness of internal controls, risk management, and governance processes, and ensuring adherence to industry regulations and company policies. The ideal candidate is a strategic leader with strong technical knowledge, exceptional communication skills, and a proven ability to lead and develop a high-performing audit team.

Essential Duties & Responsibilities :

  • Develop and implement a risk-based internal audit plan in collaboration with Internal Audit leadership.
  • Oversee the end-to-end execution of audits, including planning, fieldwork, and reporting, to ensure projects are completed on time and within budget.
  • Perform comprehensive risk assessments to identify potential business risks and define audit scope.
  • Lead, mentor, and develop a team of internal auditors, including managing workloads, conducting performance evaluations, and providing guidance.
  • Build and maintain a positive, professional, and collaborative team environment.
  • Review and approve clear, concise, and accurate audit workpapers to ensure documentation supports findings and conclusions.
  • Draft and present audit reports outlining findings, risks, and strategic recommendations to senior management.
  • Build and maintain positive, professional relationships with auditees and management across all levels of the organization.
  • Oversee the control testing related to the Sarbanes-Oxley (SOX) Act and NAIC Model Audit Rule (MAR) and recommend improvements to further mitigate risks.
  • Monitor the implementation of corrective action plans and perform follow-up reviews to ensure issues are effectively addressed.
  • Coordinate and collaborate with external auditors by providing supporting documentation and facilitating their annual audit plan.
  • Stay current with internal auditing best practices, regulatory changes, and industry trends to enhance the audit program.
  • Identify opportunities for improving audit processes and methodologies, including the potential use of data analytics.

Job Specifications : Education :

  • Bachelor's degree in accounting, Finance, Business, Information Technology, Insurance or a related field.
  • Certifications / Designations :

  • Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) is required.
  • Other relevant certifications (e.g., CISA, CFE) are a plus.
  • Experience :

  • 5+ years of experience in auditing, accounting, or business analysis, with at least 2+ years of experience in a leadership or supervisory role, preferably within the insurance or financial services industry.
  • Knowledge, skills & abilities :

  • In-depth knowledge of accounting principles (GAAP and Statutory Accounting Principles) and internal control frameworks (e.g., COSO).
  • Proven ability to lead, mentor, and develop a team.
  • Excellent written and verbal communication skills, including the ability to present complex information clearly to senior management.
  • Strong analytical, critical thinking, and problem-solving skills.
  • Excellent organizational and project management skills, with the ability to manage multiple priorities and deadlines.
  • Proficiency with audit management software, data analysis tools, and Microsoft Office Suite.
  • High level of integrity, objectivity, and professionalism.
  • Pay Transparency Statement :

    UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $123,866 - $163,369 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.

    Equal Opportunity Employer

    This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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    Manager Internal Audit • Cedar Rapids, IA, United States

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