Audit Manager - Insurance and Banking
About the role
Weaver is seeking an experienced and motivated Audit Manager to join our Banking and Insurance practice within the Financial Services group. The ideal candidate will serve as a key member of audit engagement teams delivering high-quality assurance services to insurance companies, banks, credit unions, and specialty finance institutions. Responsibilities include managing the day-to-day execution of complex financial services audits, mentoring and developing Associates, Senior Associates, and Supervisors, and collaborating closely with Partners on client service, project management, and business development.
Responsibilities
- Manage and execute complex financial services audits
- Mentor and develop Associates, Senior Associates, and Supervisors
- Collaborate with Partners on client service, project management, and business development
- Project manage audit engagements, including planning, risk assessment, scoping, staffing, budgeting, and timeline management
- Evaluate design and operating effectiveness of internal controls within financial institutions or insurance entities
- Supervise and review the work of Senior Associates and Associates for completeness, accuracy, and technical proficiency
Requirements
- Bachelor's degree in Accounting or related field
- Active CPA license
- 5+ years of public accounting experience, with a focus on financial services audit clients — specifically insurance companies and/or banking/lending institutions
- Strong working knowledge of U.S. GAAP and Statutory Accounting Principles (SAP)
- Experience with or strong exposure to banking regulatory frameworks, including FDICIA compliance, NCUA requirements for credit unions, or similar regulatory environments for alternative or specialty financing entities
- Demonstrated understanding of key financial services audit areas, including insurance loss reserves, premium revenue recognition, claims processing and liabilities, reinsurance, and policy liabilities, banking allowance for credit losses (CECL), loan portfolio analysis, deposit operations, interest rate risk, and capital/liquidity considerations
- Master's degree in Accounting or related field preferred
- Experience serving clients across multiple financial services sub-sectors (e.g., both insurance and banking, or banking and specialty/alternative lending) preferred
- Familiarity with SOX/ICFR requirements for public company financial services clients preferred
- Experience with insurance statutory audits filed with state Departments of Insurance preferred
- Familiarity with HUD audits, agreed-upon procedures, or other regulatory engagements common to financial institutions preferred
- Proven ability to attract and service new clients and expand services to existing clients preferred
Qualifications
- Strong knowledge of internal controls over financial reporting (ICFR)
- Proven ability to project-manage audit engagements
- Independent thinking and sound professional judgment on complex or non-routine accounting and auditing matters
Skills
- Technical knowledge sufficient to supervise Senior Associates and Associates and review their work for completeness, accuracy, and technical proficiency
Benefits
At Weaver, our most valuable resources is our people. We take the time to evaluate our employees' wants and needs and invest our resources accordingly. A reasonable estimate of the compensation range for this position is $120,000 to $160,000. Actual compensation will be based on a variety of factors including but not limited to experience, skills, certifications, and geographical location. In addition to compensation packages, Weaver offers competitive health benefits, such as medical, dental, vision, disability, life insurance, and a 401(k) plan. Further, we support our employees by offering flexible scheduled time off (STO), minimum of 56 hours of sick and safe leave, 11 holidays, and 2 scheduled recharge days!
Pay
A reasonable estimate of the compensation range for this position is $120,000 to $160,000. Actual compensation will be based on a variety of factors including but not limited to experience, skills, certifications, and geographical location.
Schedule
Flexible schedule available.