Internal Auditor IV - VSIC

FM•Nashville, TN

30d

About The Position

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of policyholders and its policyholder-owners. Velocity Specialty Insurance Company is a new subsidiary of FM that is backed by the financial strength and legacy of FM. Velocity Specialty provides Excess & Surplus Lines coverage in catastrophe exposed market spaces and aligns with FM’s approach in understanding the hazards that can impact property losses and business continuity to provide insurance protection, not generally available in the standard/admitted market, to meet the needs of policyholders. We are seeking an experienced Internal Auditor to join our team. In this role, you will independently plan and execute financial, operational, and internal control audits across assigned business areas. You will evaluate the effectiveness of internal controls, identify risks and improvement opportunities, and provide recommendations that strengthen processes, compliance, and operational efficiency. The ideal candidate is analytical, detail-oriented, and comfortable working independently while partnering with stakeholders across the organization to drive continuous improvement.

Requirements

Bachelor's degree in Accounting, Finance, Risk Management, Insurance, or a related business field.
3–5 years of internal audit, external audit, or related risk and controls experience.
Strong understanding of risk assessment, internal controls, and audit methodologies.
Experience documenting findings, preparing workpapers, and presenting recommendations.
Strong analytical, problem-solving, and organizational skills.
Excellent written and verbal communication skills.

Nice To Haves

Professional certifications such as CPA, CIA, or CA.
Experience within the insurance industry, particularly Excess & Surplus (E&S) lines.
Experience with ICFR/SOX testing and control evaluation.

Responsibilities

Plan and perform financial and operational audits in accordance with internal audit standards and established audit methodologies.
Identify and assess business risks and evaluate the effectiveness of related controls.
Develop and execute risk-based audit testing procedures.
Analyze audit results, investigate exceptions, and determine root causes.
Document audit workpapers, findings, and recommendations.
Support the ongoing enhancement of audit programs and testing approaches.
Communicate audit observations and recommendations to management.
Assess risks and key controls related to Internal Controls over Financial Reporting (ICFR).
Evaluate the design and effectiveness of financial reporting controls.
Perform testing of key controls and document testing results.
Collaborate with stakeholders to monitor testing progress and timelines.
Prepare clear and concise audit reports, analyses, and supporting documentation.
Assist in validating remediation plans and corrective actions.
Prepare schedules and analyses to support audit planning and execution.
Perform analytical reviews and evaluate audit results.
Participate in special projects, process improvement initiatives, and other assignments as needed.