Audit Manager - Insurance and Banking

Weaver; Pasadena (CA); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

401(k) plan

Flexible PTO

Recharge days

Sick leave

Job summary

Weaver is seeking an experienced Audit Manager to join our Banking and Insurance practice within the Financial Services group. You will lead audit engagements for insurers, banks, credit unions, and specialty finance institutions, guiding teams and coordinating with Partners.

This role requires CPA, 5+ years of public accounting, and solid US GAAP knowledge; you will mentor staff, manage budgets, and contribute to client service and business development.

Qualifications

• Bachelor's degree in Accounting or related field.
• Active CPA license.
• 5+ years of public accounting experience with a focus on financial services audit clients.
• Knowledge of U.S. GAAP and SAP as applied to insurance and/or banking entities.
• Experience with banking regulatory frameworks (FDICIA, NCUA) or equivalent.
• Strong understanding of financial services audit areas (insurance and banking).

Responsibilities

• Lead day-to-day execution of complex financial services audits and engagements.
• Mentor and develop Associates, Senior Associates, and Supervisors.
• Collaborate with Partners on client service, project management, and business development.

Skills

Audit management

Financial services auditing

Team mentoring

ICFR/controls

Regulatory knowledge

Education

Bachelor's degree in Accounting or related field

Master's degree in Accounting or related field

Job description

The Weaver Experience

Weaver is a full-service national accounting, advisory and consulting firm with opportunities for professionals in many different fields. We seek to bring a human element to the world of accounting, which includes creating a diverse, collaborative, and entrepreneurial workplace culture. Our leaders truly care about the well-being of all our employees and encourage them to pursue their ambitions.

The Weaver Experience

Weaver is a full-service national accounting, advisory and consulting firm with opportunities for professionals in many different fields. We seek to bring a human element to the world of accounting, which includes creating a diverse, collaborative, and entrepreneurial workplace culture. Our leaders truly care about the well-being of all our employees and encourage them to pursue their ambitions.

While our business is based in numbers, our success is truly based on people. It’s why we commit to supporting our people not just in their professional growth, but also in their ability to lead balanced, integrated lives. At the foundation of that commitment are our core values. Weaver’s core values were created specifically to empower our people to deliver extraordinary service and be their best selves. Our goal is to balance high development with high performance in order to meet the long-term goals of each individual, team, and our firm.

Learn more about our services, industry experience and culture at weaver.com.

Position Profile

Weaver is seeking an experienced and motivated Audit Manager to join our Banking and Insurance practice within the Financial Services group. In this role, you will serve as a key member of audit engagement teams delivering high-quality assurance services to insurance companies, banks, credit unions, and specialty finance institutions. You will be responsible for managing the day-to-day execution of complex financial services audits, mentoring and developing Associates, Senior Associates, and Supervisors, and collaborating closely with Partners on client service, project management, and business development. If you are a technically sharp, detail-oriented professional with a passion for financial services and a desire to grow within a nationally recognized firm, we invite you to join our team.

To be successful in this role, the following qualifications are required:

• Bachelor's degree in Accounting or related field


• Active CPA license


• 5+ years of public accounting experience, with a demonstrated focus on financial services audit clients – specifically insurance companies and/or banking/lending institutions


• Working knowledge of U.S. GAAP and Statutory Accounting Principles (SAP) as they apply to property & casualty and/or life insurance companies, including familiarity with statutory financial reporting, the Model Audit Rule, and state insurance department regulatory requirements


• Experience with or strong exposure to banking regulatory frameworks, including FDICIA compliance, NCUA requirements for credit unions, or similar regulatory environments for alternative or specialty financing entities


• Demonstrated understanding of key financial services audit areas, including one or more of the following:




• Insurance: Loss reserves (including IBNR), premium revenue recognition, claims processing and liabilities, reinsurance, and policy liabilities


• Banking: Allowance for credit losses (CECL), loan portfolio analysis, deposit operations, interest rate risk, and capital/liquidity considerations




• Strong knowledge of internal controls over financial reporting (ICFR), including experience evaluating design and operating effectiveness of controls within financial institutions or insurance entities


• Proven ability to project-manage audit engagements – including planning, risk assessment, scoping, staffing, budgeting, and timeline management – while maintaining high-quality execution


• Technical knowledge sufficient to supervise Senior Associates and Associates and review their work for completeness, accuracy, and technical proficiency

Additionally, The Following Qualifications Are Preferred

• Master's degree in Accounting or related field


• Experience serving clients across multiple financial services sub-sectors (e.g., both insurance and banking, or banking and specialty/alternative lending)


• Familiarity with SOX/ICFR requirements for public company financial services clients


• Experience with insurance statutory audits filed with state Departments of Insurance


• Exposure to HUD audits, agreed-upon procedures, or other regulatory engagements common to financial institutions


• Strong relationship management and practice development skills, with an ability to identify opportunities to expand services to existing clients


• Proven ability to manage, mentor, and develop staff in a team-oriented environment


• Demonstrates independent thinking and sound professional judgment on complex or non-routine accounting and auditing matters


• Ability to attract and service new clients and expand services to existing clients

Weaver Benefits

At Weaver, our most valuable resources is our people. We take the time to evaluate our employees' wants and needs and invest our resources accordingly. A reasonable estimate of the compensation range for this position is $120,000 to $160,000. Actual compensation will be based on a variety of factors including but not limited to experience, skills, certifications, and geographical location. In addition to compensation packages, Weaver offers competitive healt,h benefits, such as medical, dental, vision, disability, life insurance, and a 401(k) plan. Further, we support our employees by offering flexible scheduled time off (STO), minimum of 56 hours of sick and safe leave, 11 holidays, and 2 scheduled recharge days! Learn more here - Weaver benefits.

We also offer in-house CPE and learning opportunities through our internal Learning & Development department. Our multi-faceted internal learning program including technical improvement, practice development, management/leadership training, and whole-life growth. Our goal is to balance both high development with high performance to meet the long-term goals of each individual, team, and our firm.

WeaverLEAD We Are Committed To Investing In The Strength Of Our Team. That Is Why We Have Created An Internal Leadership Coaching Program To Train Leaders To Support Other Leaders At Every Level Of The Organization. The Goal Of WeaverLEAD Is To Inspire The Growth And Development Of Our Leaders By

Leaning into the experience of exploring new ideas for each individual’s growth as a leader.

Engaging the coaching mindset at work with new ways of thinking about challenges and opportunities.

Adapting to the transformation that takes place as a result of participating in the program.

Developing yourself and others with coaching competencies to create a firm-wide culture of coaching.

People are our formula!

At Weaver, we recognize that everyone brings different strengths, backgrounds, and working styles to our team. We cultivate a safe and inclusive work environment that celebrates each individual’s unique qualities through visibility, progression, advocacy, and support. We are proudly an equal opportunity employer.