Sr. Internal Auditor

1 day ago

Peoria, Arizona, United States RLI Insurance Company Full time $72,391 - $103,519
About Us We're not like other insurance companies. From our specialty products to our business model, our culture to our results — we're different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn't just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company.Position Purpose

Under general management, supports the administration of the company's auditing processes. Ensures more complex audits consider appropriate risks. Facilitates and/or participates in the execution of the audit process. Maintains business knowledge regarding products and processes related to auditing and leverages this knowledge in performing advisory work. 

Principal Duties & Responsibilities

  • Ensures audits consider the appropriate operational, financial, compliance, fraud, and technological risks.

  • Facilitates the execution of the audit process in conformance with the RLI audit methodology including the following:

    a. Composing narratives and workflows

    b. Performing walkthroughs

    c. Composing risk assessments

    d. Developing and executing audit programs which includes use of data analytic tools

    e. Working with management to address audit issues, and following up to ensure issues are addressed

  • Review the work of others.

  • Maintains business knowledge regarding products and processes related to auditing including meeting regularly with management to discuss relevant issues.

  • Leads special audit projects, including advisory reviews.

Education & Experience

  • Typically requires a bachelor degree

  • 4+ years of related experience including internal audit, external audit, or insurance operations.

  • [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

  • Ability to use analytical methods in the process of auditing to understand relationships, check facts, and find creative yet workable solutions.

  • Ability to generate innovative solutions within the auditing process.

  • Ability to communicate findings and recommendations to management on auditing processes and policies.

  • Ability to use spreadsheet software to summarize and analyze large amounts of data.

  • Ability to maintain the highly confidential nature of sensitive information.

  • Ability to participate on one or more concurrent audit projects with limited oversight from audit management.

  • Ability to effectively assess inherent and residual risk independently for planning and reporting.

  • Ability to review the work of others to ensure their execution of audit methodology and proper documentation.

  • Knowledge of RLI people, processes, and systems and the insurance industry or related experience

Compensation OverviewThe base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future. Base Pay Range$72, $103,519.00Total RewardsAt RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.Financial Incentives
  • Annual bonus plans
  • Employee stock ownership plan (ESOP)
  • 401(k) — automatic 3% company contribution
  • Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
Work & Life
  • Paid time off (PTO) and holidays
  • Paid volunteer time off (VTO) to support our communities
  • Parental and family care leave
  • Flexible & hybrid work arrangements
  • Fitness center discounts and free virtual fitness platform
  • Employee assistance program
Health & Wellness
  • Comprehensive medical, dental and vision benefits
  • Flexible spending and health savings accounts
  • 2x base salary for group life and AD&D insurance
  • Voluntary life, critical illness, & accident insurance for purchase
  • Short-term and long-term disability benefits
Personal & Professional GrowthRLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:
  • Training & certification opportunities
  • Tuition reimbursement
  • Education bonuses
Diversity & InclusionOur goal is to attract, develop and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.

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