AVP, Internal Audit – Business Assurance
Columbus, OH - USA
Job Summary
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Job Description Summary
With the ever evolving and increasing levels of internal auditing requirements as well as heightened operational financial strategic and technology risks inherent in a Fortune 100 protection organization Nationwide prioritizes internal audit as a critical component of our business strategy governance and success. If you have the desire to develop and lead internal audit practices that drive business outcomes and deliver outstanding solutions and results we want to know more about you!As the AVP Internal Audit Business Assurance you will be responsible for all aspects of IAs Business Assurance portfolio. Youll oversee riskbased assurance engagements across Property & Casualty (P&C) Operations Nationwide Financial (NF) Operations and key Corporate Function operations (including Finance Investments Legal Human Resources and Marketing). Youll focus primarily on assurance services over core business and technology operational activities; ensure that risks are identified controls are designed and operating effectively and management receives clear actionable insights. You will accomplish this by leveraging the use of cutting-edge technologies such as AI process intelligence and advanced analytics.
Job Description
Key Responsibilities:
Creates and drives a multi-year risk-based assurance strategy for P&C NF and Corporate operations including risk assessments scoping control testing issue identification and reporting. Ensures coverage across the endtoend lifecycle (e.g. product development underwriting pricing sales billing inforce management claims servicing).
Partners with IA business and IA technology leaders to identify and assess operational financial regulatory and technology risks.
Evaluates the design and operating effectiveness of internal controls and recommends enhancements to improve quality efficiency and risk management.
Serves as the primary IA point-of-contact for senior leaders in the P&C and NF Operations and relevant Corporate Functions.
Communicates audit objectives observations and recommendations clearly and constructively fostering a collaborative solutionsoriented relationship.
Collaborates with Internal Audit peers to coordinate coverage leverage digital tools and ensure consistent risk themes and messages across portfolios.
Drives adoption of data analytics process mining automation and visualization within Business Assurance engagements.
Partners with Internal Audit peers to embed digital techniques into planning execution and reporting.
Ensures the right balance of assurance and advisory skills generalist and specialist expertise and business risk and technology experience across the team. Lead and develop a high-performing team providing guidance mentorship and performance management. Fosters a culture of collaboration continuous improvement and accountability within the Internal Audit function.
May perform other responsibilities as assigned.
Reporting Relationships: VP Internal Audit. Leads a team of four direct reports and approximately 11 indirect reports.
Typical Skills and Experiences:
Education: Bachelors degree in Accounting Finance Business Risk Management or a related field. Advanced degree (e.g. MBA or relevant masters in Accounting Finance Risk Management) preferred.
License/Certification/Designation: Professional certifications such as CICS CISSP CISM or similar strongly preferred.
Experience: Typically 10 or more years of progressive experience in internal audit accounting finance operations or risk management with strong exposure to financial services or insurance operations.
Knowledge Abilities and Skills: Proven ability to plan and execute risk-based audits assess risks test controls and identify issues. Strong ability to evaluate controls interpret risks and recommend process improvements. Proven communication skills that are clear and constructive. Skilled at relationship-building and political savvy. Ability to use data analytics process mining automation and visualization to improve audit work. Experience leading high-performing teams providing mentorship and building accountability. Knowledge of property & casualty insurance and/or financial services a plus.
Other criteria including leadership skills competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring managers leader and Human Resource Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (exempt)
Working Conditions: Normal office environment. Some travel may be required.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
We have an array of benefits to fit your needs including: medical/dental/vision life insurance short and long term disability coveragepaid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date nine paid holidays 8 hours of Lifetime paid time off 8 hours of Unity Day paid time off 401(k) with company match company-paid pension plan business casual attire and more. To learn more about the benefits we offer click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged appreciated respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills education training credentials and experience of the candidate; the scope complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job Sales Incentives based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for AVP Internal Audit - Business Assurance : $154000.00-$290000.00The expected starting salary range for AVP Internal Audit - Business Assurance : $154000.00 - $258000.00About Company
Nationwide offers insurance, retirement and investing products that protect your many sides. Get home and auto insurance quotes online or find a local agent