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Vice President, Internal Audit

Amerisure Insurance
Farmington Hills, United Statesfull_timeVerifiedPosted 19 Feb 2025

About the role

Amerisure creates exceptional value for its partners, policyholders and employees. As a property and casualty insurance company, Amerisure’s promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. Amerisure is an A.M. Best “A” (excellent) rated company and services mid-sized commercial enterprises focused in construction, manufacturing and healthcare. We are ranked as one of the top 100 Property & Casualty companies in the United States, and have nearly $1 Billion of Direct Written Premium ​and $1.15 billion in surplus.

Join Our Team as Vice President of Internal Audit!

Amerisure is looking for a dynamic leader with a passion for ensuring transparency, compliance, and operational excellence. The preference is for onsite 3 days a week in our Farmington Hills, Michigan Headquarters. The ideal candidate will also possess the following skill set. 

Summary Statement

Leads the Company’s Internal Audit function, which supports the Board of Directors and senior management in accomplishing their objectives through independent evaluation and improvement of the Companies’ financial controls, regulatory compliance, risk management, governance processes, and security of assets and systems.

Essential Tasks/Major Duties

  • Manage, train, provide performance feedback and assign duties of direct reports to ensure productivity, efficiency, and effectiveness.
  • Understand the key components of risk within the business and ensure these areas are reviewed and tested as appropriate; ensure the company understands the state and effectiveness of the business control environment.
  • Direct the development and execution of the Internal Audit Plan including financial, operational, regulatory, fraud and IT audits based on risk assessment results and regulatory requirements.
  • Plan and execute the process of identifying, documenting, and testing internal controls to help ensure that controls over financial reporting minimize the risk of fraud and financial material misstatement.
  • Continuously assess the effectiveness of internal controls, operating efficiency, and the adequacy of Company records and recordkeeping.
  • Monitor and review key operational compliance areas including associated audit functions in Underwriting and Claims.
  • Prepare and present the results of audits to the appropriate members of senior management, to the Audit Committee, and to the independent auditors.
  • Has dual reporting relationship to the Audit Committee (functionally) and to senior management with direct access to the Chief Executive Officer, senior management, and the Company’s independent auditors.
  • Support the Chief Financial Officer, Corporate Controller and senior management (organizationally) in coordinating activities with the Companies’ independent auditors to prevent a duplication of external and internal audit efforts.
  • Partner closely with business leaders, enterprise risk management, and other relevant stakeholders to address control deficiencies and enhance risk management practices.
  • Continuously evaluate and improve the audit methodology and tools to keep pace with industry best practices and organizational changes.

Knowledge, Skills & Abilities

  • Bachelors’ degree in Accounting, Business or related field
  • Certified Public Accountant (CPA) and/or Certified Internal Auditor (CIA)
  • 10 years Audit or related experience
  • 5 years Audit leadership experience or equivalent
  • Experience with internal controls (SOX, Model Audit Rule, etc.)
  • Experience in leading discussions and making presentations at the Board of Director level
  • Information Technology audit experience, preferred
  • Insurance or Financial Services industry experience, preferred
  • Experience with insurance regulations, preferred
  • Exceptional ability to articulate complex ideas to diverse audiences, including regulators, senior leadership, and boards.
  • Strong interpersonal skills including the ability to effectively build relationships across all levels of the organization.
  • Excellent project management and budgeting skills with a deadline orientation and focus.
  • Ability to think strategically with supporting analytical and problem-solving skills, including the ability to deal with ambiguity.
  • Ability to influence and persuade others.

Just as we are committed to creating exceptional value for our Partners For Success® agencies and policyholders, Amerisure also remains committed to being an employer of choice. We reinforce this commitment by adhering to an Employee Value Proposi

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Company

Amerisure Insurance

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