VP, Internal Audit (Hybrid)

TruStage•Madison, WI

4d•Hybrid

About The Position

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition Job Purpose: The Vice President, Internal Audit (“VP, Internal Audit”) leads the Internal Audit function for TruStage, providing independent and objective assurance and advisory services that support the organization’s mission to serve policyholders and ensure long‑term financial strength. The role is responsible for evaluating the effectiveness of governance, risk management, internal controls, and regulatory compliance across the enterprise. The VP, Internal Audit maintains dual reporting to the Audit Committee of the Board of Directors and the Chief Financial Officer, preserving appropriate independence while remaining closely aligned with management priorities. This role partners closely with Enterprise Risk Management, Legal, Accounting, Actuarial, and Compliance functions to promote a coordinated, risk‑based approach to assurance that meets the expectations of regulators, rating agencies, and the Board.

Requirements

Bachelor’s degree in Accounting, Finance, Business, or a related field; advanced degree preferred.
Professional certification such as CPA, CIA, CISA, or equivalent strongly preferred.
12+ years of progressive experience in internal audit, public accounting, insurance regulation, or risk management, including senior leadership experience.
Strong knowledge of property & casualty and/or life insurance operations, regulatory requirements, and mutual insurance company governance.
Proven experience interacting with Boards, Audit Committees, regulators, and senior executives.

Responsibilities

Lead and oversee the Internal Audit function, including strategy, audit methodology, staffing, budgeting, and performance management.
Develop and maintain a risk‑based internal audit plan that reflects the company’s enterprise risk profile, regulatory environment, and strategic objectives, for approval by the Audit Committee.
Maintain independence and objectivity while fostering strong, collaborative relationships with management.
Delivers insight to the Audit Committee, providing transparent and timely reporting on audit results, control deficiencies, regulatory matters, and management remediation.
Escalate significant risk, control, or compliance issues to the Audit Committee as appropriate.
Evaluate internal controls and governance standards and recommend improvements where needed.
Coordinate with Legal and Compliance to support regulatory examinations, inquiries, and remediation activities.
Monitor emerging regulatory developments and assess their impact on the audit plan and control environment.
Partner closely with the Enterprise Risk Management (ERM) function to align audit coverage with enterprise risks, key risk indicators, and stress‑testing outcomes.
Provide advisory support for major initiatives such as new products, system implementations, organizational changes, or strategic investments, while preserving audit independence.
Track and report on management’s remediation of audit findings to ensure timely and sustainable resolution.
Promote the use of data analytics and modern audit techniques to enhance audit quality and insight.