Audit Analyst - Financial Control Risk

Venerable•Des Moines, IA

About The Position

The Audit Analyst will assist team members in planning and executing audits for Venerable to help ensure controls are in place to prevent losses and meet regulatory requirements. The role tests internal controls and compliance with established policies and procedures, and identifies opportunities to improve operational efficiency. The position contributes to audit planning, performs audit procedures, prepares supporting work papers, evaluates test results and conclusions, and communicates findings and recommendations with management in coordination with a supervisor. It may also involve special assignments directed by Audit Management, monitoring the resolution of high-risk issues, maintaining knowledge of audit standards and technology trends, and building effective client and team relationships. Employees in every position at Venerable are responsible for living out the company’s values: being courageous, curious, and connected. Use of AI tools during interviews is not permitted without Venerable’s prior approval; reasonable accommodations may be requested through the aligned Human Resources recruiter.

Requirements

Bachelor’s degree in accounting, finance, business, risk management, or a related field.
Basic knowledge of internal control concepts, financial reporting risks, business processes, and control testing practices.
Basic knowledge of US GAAP and statutory accounting principles.
Ability to understand and document end-to-end processes, key risks, controls, systems, and data flows.
Strong analytical, critical-thinking, and problem-solving skills.
Strong written and verbal communication skills, including the ability to clearly document work performed and conclusions reached.
Ability to build effective working relationships and collaborate with business partners and other stakeholders.
Ability to manage multiple assignments, prioritize work, and meet established deadlines.
Ability to work independently with limited instruction while recognizing when to seek guidance.
Proactively identify and escalate issues as they arise.
Adaptability and openness to new ideas, technology, and process changes.
Attention to detail, sound judgment, and commitment to quality.
Curiosity and commitment to continuous learning, professional development, and process improvement.

Nice To Haves

Experience in financial controls, internal controls, risk management, accounting, external audit, and/or the financial services industry is strongly preferred.
Knowledge of insurance accounting or financial services is preferred.

Responsibilities

Assist with audit planning and execution.
Conduct audit planning activities and prepare or revise audit programs to accomplish audit objectives.
Perform audit procedures and prepare work papers that record and summarize audit data and adequately support conclusions.
Ensure accurate and complete testing of key controls in accordance with established standards.
Use judgment to document audit results, analyze results, and assess testing conclusions.
Work with a supervisor to communicate audit test results to management verbally and through audit recommendations.
Perform special projects or assignments at the direction of Audit Management.
Communicate audit concerns to a supervisor to help ensure that client efforts to resolve high-risk issues are completed.
Maintain proficiency in current audit and investigative standards and procedures, and keep abreast of technology trends.
Develop strong working relationships with clients to support a high degree of client satisfaction.
Develop effective teamwork skills.