Sr. Audit Manager - P&C

Zurich

Chicago (IL)

Hybrid

USD 168,000 - 275,000

Full time

14 days+
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Job summary

Zurich is seeking a Senior Audit Manager to partner with Group Audit leaders and shape the audit plan across a global portfolio. This role is based at our North American headquarters in Schaumburg, Illinois and offers a hybrid schedule with three days in the office and two remote days.

You will lead risk assessments, oversee diverse audits including commercial property and casualty topics, develop talent, and drive continuous improvement across Group Audit while engaging with senior stakeholders

Qualifications

  • Bachelor's Degree and 10+ years of experience in the Audit area.
  • High School Diploma or Equivalent and 12+ years of experience in the Audit area.
  • Zurich Certified Insurance Apprentice including an associate's degree and 10+ years of experience in the Audit area.

Responsibilities

  • Work with Functional and Regional Audit Executives to perform risk assessments and shape the audit plan.
  • Oversee and manage a diverse portfolio of risk-based audits focusing on commercial property and casualty insurance topics.
  • Provide subject matter expertise across audit processes including scoping, reports and stakeholder meetings.
  • Oversee tracking and closure of agreed actions.
  • Develop the wider team through upskilling and knowledge sharing sessions.
  • Identify trends and report to Group and local executives and Audit Committees.

Skills

Senior audit leadership
Stakeholder management
Project management
Communication skills
Global/virtual teams

Education

Bachelor's degree in Audit or related field
High School Diploma +12+ years audit
Zurich Certified Insurance Apprentice

Job description

Group Audit (GA) is an international team of 250 colleagues from 33 different nationalities, working as one function. We work with a common purpose: to keep Zurich safe. Together, we look to bring our skills, capabilities, and unique strengths to provide real insights to our stakeholders. We work to be the best we can be at spotting danger for our company; continuously learning and trying to get better and better at what we do.

The Sr. Audit Manager works closely with GA leaders this is a unique opportunity to drive the evolution of the function, and to transform our ways of working. We believe that a clear common purpose, promoting authenticity of individuals and creating a learning environment will help our teams bring their best.

This position is based out of our north American headquarters in Schaumburg, Illinois. The selected talent must be able to report into this office. This is a hybrid position requiring three days in office and allowing two days working remotely.

As a Senior Audit Manager your main responsibilities will be of a global nature and involve:
  • Work with Functional and Regional Audit Executives, as well as country / legal entity heads of audit, to perform risk assessments and develop and shape the audit plan in line with key risks and trends, ensuring appropriate coverage across the group.
  • Oversee and manage a diverse portfolio of risk-based audits (local, connected' and global thematic reviews) focusing primarily on commercial property and casualty insurance topics i.e. underwriting, claims, product, reinsurance, in line with quality, time and budget requirements. Ensure appropriate resourcing and technical expertise for delivery of assigned portfolio.
  • Provide subject matter expertise and insight across audit processes, including scoping, audit reports and critical stakeholder meetings.
  • Oversee relevant tracking and closure of agreed actions.
  • Support the continuous evolution of audit capabilities in Group Audit and drive the development of the wider team through upskilling initiatives and technical knowledge sharing sessions.
  • Identify trends and themes patterns in results and support influencing key stakeholders in broader actions as well as reporting themes to Group and local executives and Audit Committees. Provide technical input into control environment reporting. Build technical / commercial knowledge and industry awareness across a range of areas by accessing diverse resources and interacting with a broad range of internal and external stakeholders.
  • Support Business Audit Leaders in stakeholder discussions and develop strong and influential peer relationships with Business stakeholders across the group.
  • Oversee the performance of team members assigned (career management responsibilities) and take necessary actions to support their development.
Basic Qualifications:
  • Bachelor's Degree and 10 or more years of experience in the Audit area.
  • OR High School Diploma or Equivalent and 12 or more years of experience in the Audit area
  • OR Zurich Certified Insurance Apprentice including an associate's degree and 10 or more years of experience in the Audit area
Preferred Qualifications:
  • 8-10 years of relevant experience in auditing, and 2-4 years holding senior roles at a Senior Manager level, OR VP/Director level or equivalent.
  • Experience in third-party, outsourcing and project management auditing.
  • Experience in commercial insurance is an advantage.
  • A good track record in implementing change and transformation, as well implementing a learning culture in a flat hierarchy.
  • Excellent project management skills, ability to organize teams, prioritize tasks, guide and coach the team to deliver on time to high quality standards.
  • Ability to work without close supervision and to take decisions autonomously, subject to verification.
  • Strong verbal and written communication skills.
  • Experience within complex, global organizations and virtual teams, as well outsourced services.
  • Ability to influence teams and senior management executives.
  • Collaborative, customer focused, flexible, persistent, and results-oriented mindset.
  • International work experience.

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply - your unique background matters to us. The proposed Salary range for this position is $167,600.00 - $274,500.00, with short-term incentive bonus eligibility set at 20%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

We value your ideas and experience. We offer growth, inclusion, and a supportive environment - so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law.

Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code section 1033.

Location(s): AM - Schaumburg. Remote Working: Hybrid. Schedule: Full Time. Employment Sponsorship Offered: No.

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