Internal Audit Manager

UFG Insurance•Cedar Rapids, IA

57d

About The Position

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.

Requirements

Bachelor's degree in accounting, Finance, Business, Information Technology, Insurance or a related field.
Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) is required.
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.
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.

Nice To Haves

Other relevant certifications (e.g., CISA, CFE) are a plus.

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.