Old Republic Specialty Insurance Group · 23 hours ago
Internal Audit Manager
Chicago, IL
Full-time
Onsite
Senior Level
6+ years expOld Republic Specialty Insurance Group is seeking an Internal Audit Manager who will evaluate business and IT processes while designing effective controls to support compliance with organizational policies and regulatory requirements. The role involves partnering with Subsidiary Operating Centers to strengthen the control environment and contribute to advisory projects and risk management initiatives.
Financial ServicesInsuranceProfessional Services
Responsibilities
Provide advisory support for new or changing processes, including control design, process mapping, and best‑practice coaching
Identify and assess financial, compliance, operational, and technology risks across core insurance functions (e.g., underwriting, policy issuance, claims, reinsurance) and back‑office functions (e.g., accounting, HR, IT)
Develop or update risk and control matrices, process narratives, and flowcharts tailored to various SOC environments, often building these materials from the ground up
Communicate assessment results and guide stakeholders in implementing effective controls to remediate gaps and/or pursue enhancements, such as automation
Support Internal Audit’s role in software development lifecycle (SDLC) initiatives
Build strong partnerships with SOCs, acting as a trusted advisor to leadership and operational teams
Participate in special projects and contribute to continuous improvement efforts within Internal Audit
Stay current on developments in insurance, auditing, risk management, IT, and regulatory requirements
Travel up to 30%
Qualification
Required
Bachelor's degree in business, preferably Accounting or Management Information Systems
Proven experience in internal audit or risk management, within the insurance industry
CPA, CIA, CFE, CISA, or CPCU certification or similar relevant certification
Minimum of 6+ years of experience in Internal Audit within a publicly traded corporation, Big 4 public accounting, or in consulting or advisory capacities
Knowledge of SOX/financial reporting risks
Familiarity with compliance standards and frameworks such as NAIC MAR, COSO, IIA Global Standards, GAAP and STAT requirements, and FCPA
Proficiency with Microsoft Excel, Word, Visio, and PowerPoint
Strong analytical thinking and problem‑solving capability
Hands on and execution oriented
Ability to communicate complex topics clearly and influence stakeholders
Operational mindset with sound judgment and tactical execution
Collaborative working style with the ability to build relationships across teams
Excellent organization, attention to detail, and ability to manage multiple priorities
Project management experience
Company
Old Republic Specialty Insurance Group
Old Republic Specialty Insurance Group is the largest business segment within Old Republic International Corporation (NYSE: ORI) and specializes in the property and casualty marketplace.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Sam Matthis
Chief Operating Officer - Old Republic Allied Management Company
Michael Baumel
Chief Claim Officer
Recent News
2024-12-05
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