Internal Auditor
2 weeks ago
About Portage Mutual
Portage Mutual Insurance is a trusted national property and casualty mutual insurance company. We have been owned by our policyholders since 1884 and proudly serve their interests by offering competitive home, automobile, commercial and farm insurance products. Portage Mutual has office locations in Edmonton (AB), Portage la Prairie (MB), St. Catharines (ON) and Bedford (NS) with products being 100% distributed by brokers across Canada. We greatly value our relationships with policyholders and brokers.
People at Portage Mutual
Working at Portage Mutual allows you to learn, grow and develop while collaborating with experienced and committed colleagues. We support remote, in-office and hybrid work arrangements while continuing to build diverse teams and a culture of inclusivity. We are growing and offer resources to empower both individual and team success. We are proud of the communities we serve and are rooted in making positive impacts within them.
**What You’ll Do**:
The Internal Auditor is responsible for assisting in planning / conducting Claims and Underwriting audits of Branch Offices. The individual will also assist with planning / conducting corporate audits of various departments throughout the company to assess the adequacy of internal controls, the overall effectiveness of operations, and to ensure compliance with company policies and procedures. The Internal Auditor assesses the adequacy of internal controls related to the Information Technology functions of the company and further acts in a consulting role on projects to assist with process design and controls.
The individual collaborates with internal audit team members and ensures objectives are achieved in a manner consistent with company values. The Internal Auditor strives to contribute to an outstanding workplace culture maximizing employee engagement and collaboration with various departments.
**Responsibilities**:
- Participates to ensure work is performed independently, without bias, with due diligence and timeliness, and with adequate support for observations and recommendations in well-written reports.
- Assists in providing consulting and advisory services in governance, risk management and controls to assist management in meeting its objectives.
- Assists in coordinating audit/evaluation activities and deployment of resources with Senior Leaders of other oversight functions to ensure appropriate coverage and minimize duplication of effort.
- Assist in representing the internal audit function on behalf of the organization with respective regulators.
- Assist in coordinating audit planning and scheduling of activities with the Company’s external auditor.
- Assist in conducting special reviews requested by Senior Leaders and/or Audit Committee as required.
- Assist in setting strategic direction for the internal audit function.
- Assist in developing audit technique enhancements that provide a net benefit to the audit process.
- Assist in developing and executing a risk-based internal audit plan that aligns with the organization’s strategic plan and risk profile. Subject to approval by the Audit Committee of the Board of Directors.
**Requirements**:
- Consistent ability to make excellent and well justified decisions in complex high-pressured situations.
- Ability to work with highly sensitive and confidential information.
- Strong negotiation skills by presenting information or arguments in a convincing manner and by focusing on what is important.
- Strong business acumen with excellent analytical and problem-solving skills with the ability to recognize and identify critical issues.
- Must possess strong attention to detail and good judgement.
- Extremely proficient with Microsoft Office Suite and experience with an electronic audit working paper system.
- Two to four years experience in a related role. Previous experience working in insurance or financial institutions is preferred.
- Degree or Diploma in Business is required (or similar field). An equivalent combination of education and experience is acceptable.
- Chartered Professional Accounting designation (CPA) or actively pursuing the designation would be considered an asset.
- Insurance designation (CIP) would be considered an asset.
- Enrolment in Insurance Institute Courses is encouraged and preferred.
**What We Offer**:
- Remote, In-Office, Hybrid and Flexible Work Arrangements
- Learn, Grow and Development Opportunities
- Competitive Compensation Package of Salary plus an Incentive Plan
- 24/7 Employee and Family Assistance Program
- Health, Dental, Critical Illness and Group Life Insurance Coverage
- Defined Contribution Company Pension Plan
- Paid Personal Days in addition to Vacation Time
If you have the qualifications we are seeking and would thrive in a work environment where you are valued and respected, please apply. We thank you for your interest in Portage Mutual Insurance, however, only those selected for an interview will be co
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