Company Overview:
PURE Insurance, a distinguished leader in high-net worth personal lines property and casualty insurance, is seeking a Director of Internal Audit to enhance our Internal Audit Team's function as a trusted advisor and vital contributor to the company's strategic objectives. This pivotal role will be integral in providing objective assurance and advisory services aimed at improving the company’s operations.
About the role:
The Director of Internal Audit will work closely with the Chief Audit Executive, AVP Internal Controls, and Director IT Audit to develop and implement a comprehensive risk-based audit plan. This position is instrumental in evaluating and enhancing the efficacy of risk management practices, internal controls, and governance processes across the organization.
What you'll do:
- Develop and execute a strategic, risk-based audit plan, incorporating management insights, emerging trends, and regulatory changes within the industry.
- Lead the full audit lifecycle for engagements within the personal property and casualty segments, from planning and testing to issue identification and reporting.
- Independently assess the effectiveness of internal controls, gauge the potential impacts of control deficiencies, and recommend remedial actions directly to business managers.
- Ensure all documentation complies with professional internal audit standards, best practices, and PURE’s specific audit methodology.
- Effectively manage both internal and external audit resources, ensuring thorough review of work papers and compliance with established standards.
- Generate impactful audit reports and communicate audit findings/recommendations to business managers and stakeholders with minimal oversight.
- Support the Chief Audit Executive in preparing materials and presentations for the quarterly Audit Committee meetings.
- Offer strategic advice to management aimed at preserving and enhancing the enterprise value through internal audit insights.
- Manage special projects as needed and recommend solutions to meet the project objectives.
- Drive continuous improvement in audit and risk management methodologies and processes.
- Mentor and develop audit staff on audit techniques, risk assessment, and relevant accounting principles, providing supportive guidance and constructive feedback.
What we're looking for:
- BA/BS degree in Accounting, Finance, Mathematics, or Business Administration. Advanced degrees or professional certifications (CPA, CISA, CIA, etc.) are highly desirable.
- A minimum of 15 years of progressive experience in internal / external audit, with substantial exposure to the property and casualty insurance industry and a track record of successfully managing audit teams/projects.
- Comprehensive understanding of risk assessment methodologies, auditing principles, and internal control frameworks, including knowledge of Sarbanes-Oxley, Model Audit Rule, and GAAP.
- Proven ability to manage multiple audit projects and special assignments concurrently and/or under tight deadlines. Able to manage audit resources effectively to deliver optimal outcomes.
- Strong proficiency in Microsoft Office suite, audit software (e.g., Audit Board), and data analytics.
- Exceptional communication skills, both written and verbal, capable of writing clear and concise reports and presenting to senior executives succinctly.
- Demonstrated ability to forge productive relationships with various stakeholders including co-workers, management, and external partners.
- Willingness to travel up to 15 percent as required by the role.
What we offer:
- A dynamic and supportive work environment that fosters growth and professional development.
- Competitive compensation packages and comprehensive benefits.
- A culture that values integrity, innovation, and teamwork.
Join PURE Insurance and contribute to an audit department that is not just about compliance, but a key partner in our strategic journey. Apply today to become a leader in our esteemed team, driving excellence and integrity in everything we do.
The base salary for this role can range from $195K - $215K, based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.
Top Skills
What We Do
PURE is a specialty property and casualty insurer dedicated to helping a membership of responsible people protect high value homes, jewelry, artwork and other fine assets.
We opened for business more than 15 years ago with the goal of offering something different in the insurance space: a company focused on promoting transparency, alignment of interests and doing what’s right. Our focus helps to keep premiums fair and service astonishingly good.
After growing at least 15% year over year since inception, we are the most awarded insurer in our category, offering coverage in all 50 states. Today, our membership is made up of more than 100,000 financially successful individuals and families and continues to grow sustainably.
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