Internal Audit & Risk Advisory Director – Insurance Internal Audit & Risk Advisory Director – Insurance

Baker Tilly•Philadelphia, PA

3d•Hybrid

About The Position

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram. Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring. Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law. Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system. Are you interested in joining one of the fastest growing consulting and accounting firms in the country? Would you like the ability to join a highly dynamic team focused on providing exceptional client service in the areas of risk and advisory? If yes, consider joining Baker Tilly (BT) as an Internal Audit & Risk Director! Our Risk Advisory practice provides a full spectrum of services to help our clients assess their risks, develop strategies to compete in an ever-changing business environment, and achieve their goals and objectives. All of this is accomplished through deep industry knowledge of risk, governance, internal audit, compliance, IT, and cybersecurity best practices. As one of the fastest growing firms in the nation, BT has the ability to offer you upward career trajectory, flexibility in how and where you get your work done and meaningful relationships with clients, teammates and leadership who truly care about you and your development. Does this describe you? You want to continue to expand your work experiences and hone your skills as a comprehensive risk professional in the areas of compliance, enterprise risk management, governance, internal controls, and data analytics. You crave the opportunity to be part of a fast growing, entrepreneurial risk consulting practice where your hard work and creativity will be rewarded You do your best work when you are part of a talented, down-to-earth team that thrives in collaboration and truly enjoys working together You feel valued when you are provided the resources and support to continually sharpen your technical skills and build your career now, for tomorrow

Requirements

Bachelor’s degree in accounting, finance, or a related field required
10+ years of experience in public accounting, consulting, or insurance organization required
Experience leading internal audit engagements and developing and growing client relationships in a public accounting or consulting firm preferred
Hands-on experience with one or more of the following required:
Internal audit planning, execution, and reporting
Model Audit Rule 205 or comparable insurance ICFR frameworks
SOX implementation or ongoing compliance
Process, controls, and governance improvement
Insurance industry experience required. Experience in more than one of property & casualty, life & annuity, or health payers preferred
CPA or CIA designation(s) required
Flexibility to travel to various client sites, overnight as needed up to 10%
Proactive communication (both written and verbal)
Excellent analytical, technical and problem solving skills
Strong Microsoft Word, PowerPoint, and Excel skills preferred

Responsibilities

Work closely with client executives and management teams to understand their businesses and assist in identifying and managing financial and operational risks within their business processes and systems.
Lead insurance focused internal audit and controls engagements and teams
Plan and lead internal audit engagements for insurance organizations across P&C, life and health, reinsurance, and insurance adjacent operations such as MGAs and TPAs.
Evaluate process and control design and operating effectiveness across common insurance functions
Apply a risk-based approach to identify what matters, test efficiently, and deliver clear and practical recommendation, while supporting Model Audit Rule and SOX programs
Lead Model Audit Rule 205 readiness, implementation, and ongoing administration, including risk and control scoping, documentation, testing, deficiency evaluation, and remediation tracking
Lead SOX design and implementation or enhancement work, including process narratives and flows, control design, testing, and coordination with external audit
Help clients build sustainable control programs that balance regulatory expectations with operational efficiency
Draft clear audit issues that tie to business impact, root cause, and realistic remediation
Develop and present results to executive management and audit committees when required
Maintain strong workpaper quality and documentation discipline consistent with internal audit standards and Baker Tilly methodology
Manage engagements and develop yourself and our people
Own engagement management, including scope, budget, staffing, timelines, and client communications.
Coach and develop managers, seniors, and associates through review, feedback, and hands on guidance.
Assist with managing client engagement staffing, billings/collections, and ensure client profitability targets are met
Utilize your entrepreneurial skills to network and build strong relationships internally and externally with clients and the community
Invest in your professional development individually and through participation in firm wide learning and development programs
Support the growth and development of team members through the Baker Tilly Care and Teach philosophy, helping associates meet their professional goals
Enjoy friendships, social activities and team outings that encourage a work-life balance