Director, General Auditor

Medical Mutual of Ohio • Brooklyn, OH

266d

About The Position

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.6 million Ohioans through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans. Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us and help our members achieve their best possible health and quality of life. Provides overall direction of the Internal Audit function. Determines the adequacy and effectiveness of the Company's system of internal controls, recommends actions to improve operational efficiency, and oversees compliance with regulatory requirements related to internal controls (Model Audit Rule) and risk management (ORSA).

Requirements

• Bachelor's degree in business administration, accounting, or a relevant field.
• Master's degree preferred.
• 10 years of progressive industry experience in auditing, financial, or operations improvement areas.
• 5 years of management experience.
• Public accounting experience preferred.
• Certified Public Accountant (CPA) required.
• Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or other related professional certifications preferred.
• Working knowledge of Institute of Internal Auditors (IIA) standards.
• Excellent understanding of operational, financial, and regulatory controls and risks.
• Demonstrated ability to make quantitative and analytical assessments for auditing purposes.

Responsibilities

• Approves audit objectives and planned procedures for each audit project.
• Reviews the results of audits, including deficiencies identified, recommendations to address those deficiencies, and the audit rating assigned to each finding.
• Ensures that findings are factually accurate, and recommendations are clear, fair, and accurate.
• Reviews findings and recommendations for complex or sensitive issues with senior management and seeks to resolve differences.
• Ascertains that corrective actions are implemented by management for identified audit issues.
• Responds to special requests from the Audit Committee of the Board of Directors and Management.
• Performs an annual overall corporate risk assessment and develops specific audit plans tailored to respond to the identified risks.
• Oversees the assistance provided to external auditors for the annual financial statement audit.
• Plans, monitors, and supervises procedures necessary to comply with regulatory requirements related to internal control compliance (Model Audit Rule) and risk management (ORSA).
• Performs other duties as assigned.

Benefits

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance.
• Access to an Employee Assistance Program.
• Company holidays and up to 16 PTO days during the first year of employment.
• Parental leave for eligible employees who become parents through maternity, paternity or adoption.
• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree