AI-Business Audit Consultant

CNA Insurance•Chicago, IL

2d•$72,000 - $141,000•Hybrid

About The Position

The AI-Business Audit Consultant evaluates the use of artificial intelligence within business processes and operations and strengthens Internal Audit’s ability to provide assurance over AI. The role assesses AI-related risks and controls across the company and serves as an AI subject matter resource to audit teams. It also participates in risk-based engagements across financial, compliance, technology, and operational risks, delivering internal audit services through all phases of the audit lifecycle and providing guidance to less experienced staff. The position contributes to evaluating AI governance frameworks and lifecycle processes, model oversight, data quality controls, responsible AI practices, and compliance with internal policies and regulatory expectations. It monitors emerging AI technologies, regulatory developments, and industry practices to identify evolving risks and opportunities. The role also supports Internal Audit strategic initiatives and participates in direct assistance for external auditors’ SOX testing. The position typically reports to an AVP or above. A bachelor’s degree in information systems, cybersecurity, business, or equivalent is required. An advanced degree or professional designation is preferred. Typically, five to eight years of relevant experience is required.

Requirements

Bachelor’s degree in information systems, cybersecurity, business, or equivalent.
Typically a minimum of five to eight years of relevant work experience, such as risk and governance, cybersecurity, and/or information technology auditing experience.
Strong knowledge of corporate auditing practices, procedures, and principles.
Working knowledge of financial reporting, operational, technology, and regulatory risk concepts.
Working knowledge of artificial intelligence concepts, technologies, governance frameworks, and associated risks, including the ability to assess AI-enabled processes and controls.
Excellent analytical and problem-solving skills, including the ability to plan and direct multiple projects and project work teams.
Excellent interpersonal, presentation, verbal, and written communication skills, with the ability to interact effectively with internal and external business partners.
Ability to achieve results by taking a proactive, long-term view of business goals and objectives.
Ability to exercise professional judgment and assume responsibility for decisions affecting people and quality of service.

Nice To Haves

Knowledge of the insurance industry.
Advanced degree or professional designation such as CPA, CIA, or CISA.

Responsibilities

Evaluate AI governance frameworks and lifecycle, model oversight processes, data quality controls, responsible AI practices, and compliance with internal policies and regulatory expectations.
Monitor emerging AI technologies, regulatory developments, and industry practices to help identify evolving risks and opportunities.
Provide analysis, interpretation, and advice to management.
Participate in concurrent projects to expedite issue resolution and deliver quality audit services, advising management of project status.
Serve as a subject matter resource to audit teams regarding AI technologies, risks, governance, and control considerations.
Structure and write major sections of audit reports and other customer-facing outputs; participate in discussions and present audit results to management responsible for the audited area.
Contribute to the development and execution of AI and business audit procedures based on business risk, in collaboration with internal and external partners, and ensure completion of planned actions.
Participate in all phases of audits, including creating audit scope through risk assessment, evaluating control design, developing and executing test programs, assessing adherence to established controls, and documenting test results.
Coordinate and actively participate in Internal Audit’s direct assistance responsibilities in support of the external auditor’s SOX testing.
Support management of Internal Audit department strategic initiatives to enhance current practices.
Provide coaching for more junior audit staff.
Perform additional duties as assigned.