Senior Internal Auditor

Blue Cross Blue Shield of Massachusetts • Boston, MA

9d

About The Position

Ready to help us transform healthcare? Bring your true colors to blue. As a valued member of the Audit and Risk Management (ARM) team, the Senior Internal Auditor will lead and execute a variety of financial, operational, and risk-based audits as well as advisory and consulting engagements. This role is a key contributor to the organization, providing critical assurance that risks are being managed effectively. The ideal candidate will be a proactive and analytical professional who thrives in a collaborative, cross-functional environment. This position offers significant exposure to diverse areas of the company and direct interaction with key stakeholders. Further, this role will be asked to use data analytics tools and techniques to enhance audit testing, identify emerging risks, and drive automation and efficiency in audit processes. This role is eligible for our Flex persona What you'll do: Conduct or support Model Audit Rule (MAR) and other audits, in compliance with established policies, plans, procedures and governmental regulations to ensure effectiveness of financial and operational controls. May also perform related IT control test-work or participate in projects for other Internal Audit teams as needed. Provide support for key financial and operational areas impacting financial reporting and risk-based audits of these areas (e.g. Enrollment, Premiums, Claims Operations, Provider Enrollment and Pricing, Accounting, and Information Technology areas). Drive value-add advisory and consulting engagement as needed. Suggest and execute ideas for enhancing operational efficiency, in alignment with the Company's commitment to quality assurance and continuous improvement methodology, including the use of automation and analytics. Assist in developing control consciousness in the business units audited. Assist with or coordinate regulatory, compliance, or operational readiness assessments. Provide ongoing communication regarding audit status and findings to audit leadership and business area management. Identify and communicate areas of risk and communicates those risks effectively to Internal Audit management. Conduct regular follow up with business leads to ensure that outstanding items are resolved. Assist in preparing audit communications, reports and supporting documentation related to findings and value-added recommendations that promote effective and efficient solutions to business issues and risks. Support multiple, concurrent projects with extremely tight deadlines, reporting to different project team leaders.

Requirements

• The ability to work independently on complex projects and as part of a project team.
• Effective time management skills, including the ability to handle multiple project assignments and deadlines simultaneously and track/monitor project issues.
• The ability to identify risks and formulate proposed action steps to be discussed with Internal Audit management.
• Someone who develops positive relationships with peers, leaders, and external parties to influence positive outcomes and ensure resolution of audit issues.
• Effective written and verbal communication skills.
• Strong analytical and problem-solving skills.
• Bachelor's degree in Accounting, Business, or related field is required; graduate degree is a plus.
• 2-4 years of internal audit experience is required within finance and/or operations; experience in public accounting or a healthcare background preferred but not required.
• Experience with data visualization tools (Tableau, Power BI, others), SQL, and/or SAS programming language for data extraction and manipulation.
• Working knowledge of/experience with general internal control requirements, and general understanding of business operations, financial and information technology procedures, and controls.
• Excellent oral and written communication skills, effective report writing and presentations.
• Project management skills with demonstrated experience in meeting project timelines and deliverables and the ability to handle multiple project assignments simultaneously.
• Demonstrated ability to work independently and as part of a project team
• Proficient with Microsoft Office applications including Word, Excel, Access, Power Point, and Visio.

Nice To Haves

• Certifications in Internal Auditing (CIA) and auditing Information Systems (CISA) is preferred.
• CPA, or candidate working toward CPA designation, is preferred but not required.
• Experience with AuditBoard and/or ACL is a plus.

Responsibilities

• Conduct or support Model Audit Rule (MAR) and other audits, in compliance with established policies, plans, procedures and governmental regulations to ensure effectiveness of financial and operational controls.
• May also perform related IT control test-work or participate in projects for other Internal Audit teams as needed.
• Provide support for key financial and operational areas impacting financial reporting and risk-based audits of these areas (e.g. Enrollment, Premiums, Claims Operations, Provider Enrollment and Pricing, Accounting, and Information Technology areas).
• Drive value-add advisory and consulting engagement as needed.
• Suggest and execute ideas for enhancing operational efficiency, in alignment with the Company's commitment to quality assurance and continuous improvement methodology, including the use of automation and analytics.
• Assist in developing control consciousness in the business units audited.
• Assist with or coordinate regulatory, compliance, or operational readiness assessments.
• Provide ongoing communication regarding audit status and findings to audit leadership and business area management.
• Identify and communicate areas of risk and communicates those risks effectively to Internal Audit management.
• Conduct regular follow up with business leads to ensure that outstanding items are resolved.
• Assist in preparing audit communications, reports and supporting documentation related to findings and value-added recommendations that promote effective and efficient solutions to business issues and risks.
• Support multiple, concurrent projects with extremely tight deadlines, reporting to different project team leaders.

Benefits

• Perks of the job include a healthy work-life balance (37.5 weekly hours), significant autonomy, flexibility in remote work arrangements, competitive benefits, and a culture of learning and development.
• We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees