Chief Internal Auditor

Position Overview

The Illinois Department of Insurance is seeking to hire a Chief Internal Auditor for the Department. The Chief Internal Auditor will serve as a policy formulating administrator, with full authority to commit the Department to specific courses of action, directs and implements a comprehensive department wide internal audit program; develops program policies, goals and objectives; develops the Department’s Annual Audit Plan for submittal to/approval by the Director; determines staffing and budgetary requirements of the Internal Audit Program; administers the program through subordinate managers; monitors implementation of audit recommendations and findings; serves as member of the Director’s Executive staff; represents the Department as it relates to the Internal Audit Program and findings. Travels to various sites to conduct audits.  We invite all qualified candidates to apply.

Essential Functions

• Serves as Internal Auditor Chief.
• Serves as official Department spokesperson on behalf of the Director and the Department to all internal and external entities including, the Governor’s Office, the legislature, and the Office of Management and Budget.
• Serves as full line supervisor; assigns and reviews work.
• Determines the scope of audits to be conducted in response to operational changes or new knowledge.
• Maintains accurate, objective, clear, concise, constructive and timely communications with management.
• Applies professional audit standards to assure standards of Internal Audits are consistent with current standards of the profession.
• Assesses the training needs of staff to accomplish the Department goals and to ensure compliance with Certified Professional Development (CPD) requirements.
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Minimum Qualifications

• Requires a bachelor’s degree, preferably in accounting, finance, economics, management, business administration, public administration, or a related field.
• Requires certification as a Certified Public Accountant or Certified Internal Auditor with at least four years of progressively responsible professional auditing experience; or as an Auditor with at least five, preferably seven, years of progressively responsible professional auditing experience.

Preferred Qualifications

• This position prefers three (3) years of professional experience overseeing an internal audit program, developing and implementing policies, standards, and procedures.
• This position prefers thorough knowledge of statutes, rules, regulations, and procedures relating to and/or affecting audit policy as it relates to internal audit operations.
• This position prefers three (3) three of professional experience as an Internal Audit Program spokesperson, explaining and promoting understanding of and to interpret the position of the Department to various internal and external entities.
• This position prefers three (3) years of experience as a full-line supervisor, including assigning and reviewing work, providing guidance and training, addressing performance issues, managing daily staffing needs, setting goals, approving time off, handling first-level grievances, recommending or imposing discipline, completing performance evaluations, and determining staffing needs.
• This position prefers three (3) years of professional experience evaluating audit findings and recommendations and developing summaries to communicate the impact of audit findings to Senior Leadership.
• This position prefers three (3) three of professional experience developing and drafting decision memos to support recommendations relative to audit findings.
• This position prefers three (3) years of professional experience identifying major audit issues and developing an effective course of action to make recommendations for operational change.
• This position prefers three (3) years of professional experience forecasting, managing, and preparing budget proposals.

Conditions of Employment

• Requires the ability to pass a background check.
• Requires the ability to travel.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

About the Agency

The Department of Insurance (DOI) regulates the insurance market in the State of Illinois including, but not limited to, licensing and educating insurance agents, investigating Workers Compensation fraud, and examining the operations and finances of insurance companies domiciled in the state. We are committed to protecting consumers and regulating the insurance industry with innovation and efficiency. DOI has approximately 220 employees who are split between our Chicago and Springfield offices.

State of Illinois employees enjoy a robust benefit package, including:

• Health, Life, Vision, and Dental Insurance
• 13 Paid Holidays annually, 14 on even numbered years
• 10-25 days of Paid Vacation time annually - (10 days in year one of employment)
• 12 Paid Sick Days annually (sick days carry over from year to year)
• 12 Weeks Paid Maternity/Paternity Leave
• 3 Paid Personal Days annually
• Pension Plan
• Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
• Flexible work schedules may be available, dependent upon position
• Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility

Visit https://www2.illinois.gov/cms/benefits/Pages/default.aspx for more information about our benefits.