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Internal Audit Manager
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Selby Jennings
Chicago, IL (In Person)
Full-Time
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Job Description
Overview Our Client is a growing Property & Casualty insurance platform seeking an Internal Audit Manager to build and lead its internal audit function. This is a newly created role focused on strengthening governance, risk management, and internal controls as the organization continues to scale. The ideal candidate is hands‑on, comfortable in a fast‑moving environment, and brings experience across insurance operations, regulatory frameworks, and control environments. Key Responsibilities Establish and lead the internal audit function, including developing audit methodologies, risk assessments, and annual audit plans Perform operational and financial audits across core business areas, including underwriting, claims, and other key processes Evaluate internal controls related to financial reporting and regulatory compliance Identify risks, control gaps, and process improvement opportunities Partner with leadership to support strategic initiatives and provide advisory insights Support regulatory reviews and coordinate with external auditors as needed Track remediation efforts and report findings to senior leadership Qualifications 5-10+ years of experience in internal audit, risk, accounting, or advisory roles within insurance or financial services environments Strong understanding of Property & Casualty insurance operations, including underwriting, claims, premium flows, and reinsurance structures Experience with internal control frameworks (e.g., SOX, Model Audit Rule, or equivalent) and familiarity with regulatory expectations Background in public accounting or consulting (Big 4 or similar) highly preferred Demonstrated ability to design, implement, or enhance audit programs or control frameworks Experience auditing or supporting regulated environments, including interactions with auditors and regulators Strong analytical skills with the ability to assess risk, interpret data, and identify control gaps Proven ability to operate in high-growth or evolving organizations, including working through ambiguity and building processes from scratch Strong communication skills with the ability to present findings and influence stakeholders at multiple levels Professional certification such as CPA, CIA, or equivalent strongly preferred