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 enterprise audit strategy and advise executives and the Audit Committee on risk, governance, controls, and regulatory compliance.

Description

  • Lead Central Insurance’s internal audit function, strategy, and practices.
  • Align enterprise audit strategy with organizational priorities and risks.
  • Design and govern the third-party audit delivery model, overseeing external audit partners.
  • Serve as the primary liaison to the Board Audit Committee; plan agendas and report outcomes, key risks, and strategic goals.
  • Manage audit provider performance and relationships, and set expectations for scope, deliverables, and outcomes.
  • Develop and maintain a risk-based audit plan, overseeing audit planning, execution, reporting, and issue validation.
  • Assess audit results for actionable insights aligned with enterprise risk priorities.
  • Advise executives on emerging risks, control effectiveness, governance maturity, control design, risk mitigation, and operational effectiveness.
  • Work with executive leadership, Legal, Compliance, IT, and Risk Management.
  • Maintain the internal audit charter, methodologies, and quality standards; ensure compliance with professional standards and regulations, including the Model Audit Rule.
  • Oversee the quality assurance and improvement program.
  • Coordinate audit work among external auditors, regulators, and internal stakeholders.
  • Improve audit practices through data, automation, and external capabilities.
  • Monitor industry trends and regulatory changes.
  • Lead Central Insurance’s internal audit function, strategy, and practices.
  • Align enterprise audit strategy with organizational priorities and risks.
  • Design and govern the third-party audit delivery model, overseeing external audit partners.
  • Serve as the primary liaison to the Board Audit Committee; plan agendas and report outcomes, key risks, and strategic goals.
  • Manage audit provider performance and relationships, and set expectations for scope, deliverables, and outcomes.
  • Develop and maintain a risk-based audit plan, overseeing audit planning, execution, reporting, and issue validation.

Requirements

  • A master’s degree in accounting, finance, business, or a related field plus 6 years of internal audit and/or public accounting experience; or a bachelor’s degree in one of these fields plus 8 years of relevant experience; or 10 years of relevant experience.
  • Experience in Property & Casualty or Excess & Surplus insurance.
  • Expert knowledge of auditing practices and the audit lifecycle, with the ability to assess and improve risk management, controls, and governance.
  • Strong analytical and problem-solving skills, including the ability to manage several projects and teams at once.
  • Advanced project management skills covering schedules, risks, resource priorities, and project structure.
  • Ability to communicate and negotiate options with senior leaders.
  • Ability to lead initiatives across the company and multiple teams.
  • Advanced business acumen and technical knowledge.
  • Extensive knowledge of applications and technologies.
  • Understanding of Central Insurance’s policies and processes.
  • CPA, CIA, or CISA certification preferred.
  • Extensive audit experience preferred.
  • Experience developing internal audit strategy preferred.
  • Understanding of internal audit best practices preferred.
  • A master’s degree in accounting, finance, business, or a related field plus 6 years of internal audit and/or public accounting experience; or a bachelor’s degree in one of these fields plus 8 years of relevant experience; or 10 years of relevant experience.

Benefits

  • A comprehensive total rewards package supporting financial, health, career, and retirement goals.
  • A broad range of health and wellness benefits.
  • Flexible work arrangements.
  • Support for work-life balance.
  • Support for long-term financial security.

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