Jobs · Accounting · Illinois

Director of Internal Audit

Pekin Insurance · Pekin, IL · 2 wk ago
HybridAccounting$126k–$172k/yrFull-time

Position Overview

The Director of Internal Audit is responsible for establishing, leading, and continuously enhancing the organization's internal audit function to ensure compliance with regulatory requirements, internal policies, and industry best practices. This role provides enterprise-wide oversight of risk management, internal controls, and governance processes to safeguard company assets and enhance operational efficiency. The Director partners closely with executive leadership to deliver independent, objective assurance and consulting services, supporting the development of a consistent, risk-based internal audit framework across the organization.

Essential Job Functions

  • Strategic Leadership - Establish, develop and execute a comprehensive, enterprise-wide internal audit strategy and risk-based audit plan aligned with organizational goals and risk profile. Provide strategic guidance and actionable recommendations to senior management and the Audit Committee on risk mitigation and control enhancements.

  • Recruit, develop, and lead a high-performing internal audit team. Audit Management Plan, direct, and oversee internal audits of financial, operational, and compliance processes across all business areas. Build and maintain an internal audit framework, ensuring audits are performed in accordance with professional standards and regulatory requirements. Review audit results, prepare clear and impactful reports, and present findings to executive leadership and the Audit Committee.

  • Risk Assessment & Internal Controls - Lead organization-wide risk assessments to identify, evaluate, and prioritize key enterprise risks. Assess adequacy and effectiveness of internal controls and recommend enhancements to strengthen the control environment. Monitor remediation efforts, perform follow-up audits and track corrective actions to resolution.

  • Compliance & Governance - Ensure adherence to applicable laws, regulations, and internal policies (MAR, COSO, etc.). Stay current on insurance regulatory requirements, emerging risks, and industry best practices. Support and enhance corporate governance initiatives by partnering with management, external auditors, and regulators. Serve as a trusted advisor in promoting a strong culture in accountability, ethics, and continuous improvement.

Required Education & Experience

  • Bachelor’s degree in accounting, finance, business administration, or related field, or related experience

  • Typically requires 8–10 years of progressive experience in internal audit, risk management, or public accounting, with at least 3 years in a leadership role

Preferred Or Specialized Experience

  • Within the P&C and/or Life insurance industry

  • Experience presenting to Audit Committee or Board of Directors

  • Certifications & Licenses - CPA, CIA, or CISA certification required

Knowledge, Skills & Abilities

  • Demonstrated skill in: personnel resources management through motivating, developing, and directing people as they work, identifying the best people for the job

  • Communicating effectively in writing as appropriate for the needs of the audience

  • Talking to others to convey information effectively

  • Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems

  • Managing a budget and working within the constraints of that budget

  • Handling confidential information with discretion

  • Working evenings, nights, and weekends as necessary

  • Building client relationships

  • Handling difficult and stressful situations with professional composure

  • Maintaining effective interpersonal relationships

  • Exercising sound judgment in making critical decisions

  • Having demonstrated knowledge of project control and cost estimating techniques

  • Having demonstrated knowledge of project planning and implementation

Salary Range

$126,000-$172,000 per year

Benefits

  • Health, Dental and Vision Insurance

  • Generous 401(k) with company match

  • Paid Time Off (PTO) with Paid Holidays

  • Flexible/Hybrid Work Schedule

  • Paid Volunteer Program

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