INTERNAL AUDITOR I

Position Overview

The Illinois Department of Insurance is seeking to hire an Internal Auditor I to perform auditing services under direction of the Chief Internal Auditor. The ideal candidate will have strong analytical and organizational qualities and can work independently. This position will plan and conduct internal audits of Department policies, procedures and controls, based on risk assessment and adherence to State Statutes and the Illinois Administrative Code. The position will review audit evidence to determine compliance and to assist in identifying mismanagement, waste, and/or fraud.  This position will communicate audit status and anomalies with the Chief Internal Auditor and the auditee throughout the audit process and will prepare the Audit Report. We invite all qualified applicants to apply.

Essential Functions

• Under general supervision, independently conducts internal audits of simple and routine programs as assigned.
• Performs preliminary review prior to audit fieldwork.
• Prepares and organizes audit reports for supervisory review summarizing the results of the audit work.
• Represents internal audit in meetings.
• Continues education through participation in accredited professional education and training seminars.
• 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 with coursework in auditing business management public administration economics computer science accounting or other related subjects.
• Requires completion of an agency’s Internal Auditor Trainee program; or requires two (2) years of professional auditing experience.

Preferred Qualifications

• Prefers at least three (3) years of professional experience with auditing theories and procedures, internal controls, sampling, and risk analysis in auditing.
• Prefers at least three (3) years of professional experience conducting internal and external audits, meeting with auditee(s), and discussing audit results.
• Prefers at least three (3) years of professional experience researching and identifying applicable state laws, administrative rules, statutory mandates, regulations, and policies and procedures when auditing an agency’s functions and programs.
• Prefers at least three (3) years professional experience developing audit requests, gathering audit evidence, reviewing the evidence, and making determinations regarding the evidence.
• Prefers at least three (3) years of professional experience with audit findings: identifying and documenting audit findings, providing recommendations, and assisting in mitigation.
• Prefers working knowledge of management principles and techniques, including organization, management, program accountability, governmental operations, and systems analysis.
• Prefers at least three (3) years of professional experience initiating a new audit: outlining the audit scope based on risk assessment and research in collaboration with the auditee; and preparing the entrance conference document.
• Prefers at least three (3) years of professional experience with Microsoft office applications, TeamMate or other audit application, and Webex or other online meeting application.

Conditions of Employment

• Requires the ability to pass a background check.
• Requires ability to travel in the performance of duties, with overnight stays as appropriate.
• 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.