Internal Audit Internship

AAA Life Insurance Company • Livonia, MI

3d • Hybrid

About The Position

AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and Annuity Products since 1969. At AAA Life we have over 1.8 million policies where we take pride in earning the trust of our policyholders who understand our promise to be there for them – and their families – when we’re needed most. By joining the AAA Life team, you are joining a company that genuinely cares about helping each other, with a devotion to protect the lives of those around us. We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging and use their unique talents and perspective to influence, innovate, motivate, and thrive.
As an Audit Intern, you will perform assigned audit procedures related to financial, operational, compliance, information technology, and Model Audit Rule Compliance audits of AAA Life Insurance Company policies, procedures, and controls to evaluate the adequacy of the control environment and the extent of compliance with established standards and regulatory requirements. You will also draft audit comments and recommendations for improvements to existing systems and processes.

Requirements

• Currently enrolled as a junior or senior in an undergraduate program or enrolled in a graduate program.
• Successfully completed coursework encompassing: internal audit theory and practical application, risk assessment and management, business administration, accounting concepts, and basic information technology controls.
• Proficient with personal computers and in using Microsoft Office software products.
• Excellent written and verbal communication skills.

Nice To Haves

• Knowledge of data analytics software, such as ACL (Audit Command Language) or Arbutus, is preferred.

Responsibilities

• Support the identification of risks, controls, control gaps, and opportunities to improve operational efficiency.
• Assist in audit testing to assess the design and effectiveness of the internal control environment.
• Leverage data to analyze information, perform testing, draw conclusions, and develop visualizations.
• Document audit procedures, results, observations, and recommendations within an electronic workpaper system.
• Support planning activities for the annual Model Audit Rule (MAR) compliance program.
• Participate in internal and external meetings to discuss risk management and control-related activities.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees