Central Insurance
Central Insurance
501 – 1,000 Employees
B2BB2CInsurance
Central Insurance is a mutual insurance company serving both individual policyholders and businesses with a broad portfolio of personal and commercial coverage. Its personal insurance offerings include auto, homeowners, renters, flood, umbrella, boat, scheduled personal property, identity fraud, and personal cyber protection. For commercial customers, Central provides coverage such as business owner’s policies, commercial auto and property, crime, cyber, employment practices liability, general liability, inland marine, pollution liability, professional liability, and workers’ compensation. Policies are distributed through agents, while customers can manage accounts and report claims online. The organization operates through underwriting entities including Central Insurance Company and All America Insurance Company.

Director of Internal Audit - Central Insurance (Hybrid, Ohio)

Lead Central Insurance’s internal audit strategy and third-party audit delivery. Strengthen governance, controls, and risk management through actionable, data-informed insights.

Description

  • Lead Central Insurance’s internal audit function and strategic direction
  • Connect the enterprise audit strategy with organizational priorities and the evolving risk landscape
  • Design and oversee a third-party model for delivering audit services
  • Provide strategic direction for audits performed by external partners
  • Act as the principal liaison to the Board of Directors’ Audit Committee
  • Prepare Audit Committee agendas, present insights, and report on audit results, major risks, and strategic objectives
  • Manage audit-provider performance and relationship strategy
  • Define expectations for audit scope, deliverables, and results
  • Build and maintain a risk-based audit plan
  • Direct the full audit lifecycle from planning and execution through reporting and issue validation
  • Assess audit results for relevant, actionable insights into enterprise risks
  • Counsel executive leaders on emerging risks, control effectiveness, and governance maturity
  • Collaborate with executive leadership and the Legal, Compliance, IT, and Risk Management functions
  • Advise leaders on control design, risk reduction approaches, and operational performance
  • Own the internal audit charter, methodologies, and quality standards
  • Maintain compliance with professional auditing standards and regulatory obligations, including the Model Audit Rule
  • Lead the quality assurance and improvement program
  • Coordinate audit work among external auditors, regulators, and internal stakeholders
  • Advance the use of data, automation, external expertise, continuous improvement, and forward-looking audit methods
  • Monitor developments in the insurance industry and applicable regulations

Requirements

  • Master’s degree in accounting, finance, business, or a related field plus 6 years of internal audit and/or public accounting experience; alternatively, a bachelor’s degree in one of these fields plus 8 years of such experience, or 10 years of internal audit and/or public accounting experience
  • Experience in the property and casualty or excess and surplus insurance industry
  • Expertise in auditing practices
  • Ability to understand the audit lifecycle and assess and enhance risk management, controls, and governance
  • Strong analytical and problem-solving capabilities
  • Ability to manage multiple projects and teams concurrently
  • Advanced project management skills, including time and risk management, resource prioritization, and project structuring
  • Ability to communicate effectively and negotiate options with the organization’s most senior leaders
  • Ability to lead enterprise-wide initiatives across multiple teams and organizations
  • Advanced business judgment and technical expertise
  • Extensive knowledge of business applications and technologies
  • Working knowledge of Central Insurance’s policies and processes

Benefits

  • A comprehensive total rewards package designed to support financial, health, career, and retirement goals
  • Broad health and wellness benefits
  • Support for a flexible work-life balance
  • Resources supporting long-term financial security

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