IT Audit Specialist
Farmers Insurance DDHQ
Job Overview
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Job Description
About Farmers Insurance
We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.
Farmers is an award winning, equal opportunity employer, committed to the strength of an inclusive workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Job Summary: IT Audit Specialist
Join Our Team as an Internal IT Audit Specialist! Are you an inquisitive individual with a passion for uncovering insights and driving improvements to positively impact an organization? Farmers Insurance is looking for an Internal IT Audit Specialist to strengthen our assurance practices through the performance of quality audit work as part of our transformation to become a leading practice audit function.
What You'll Do
- Lead: Lead audit engagements in accordance to Farmers Internal Audit Standards with minimal oversight.
- Deliver: High quality audits that help Farmers deliver on its value proposition to its customers.
- Contribute: Participate in the development of the Internal Audit Strategy and Plan, as well as the Audit Universe, by demonstrating a thorough understanding of the risks facing the company or business unit. Analyze controls and information gathered through audits, meetings, and other sources, and escalate relevant findings to Audit Management.
- Collaborate: Establish strong working relationships with, and knowledge of, the business processes and IT systems when performing both IT audits and integrated audits.
- Communicate: Prepare executive ready reports and other written correspondence that effectively and efficiently communicate findings and recommendations.
- Transform: Bring, and drive, transformational ideas that drive the Internal Audit function forward.
- Facilitate Knowledge Sharing: Mentor peers and colleagues to support their professional development and enhance the overall capability of the team.
- Cultivate Professional Development: Grow as a professional through various stretch and growth opportunities that will develop and hone skillsets needed for advancement.
Join our team to lead impactful audit engagements and contribute to the continuous improvement of our internal audit processes.
Essential Job Functions
- Leads audit engagements with minimal supervision - on time and in a quality manner.
- Preparation of reports and communication with the business.
- Administrative duties supporting departmental activities, individual development plan, training, performance management, and general administration.
- Participates in departmental special projects.
Physical Actions
This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.
Education Requirements
- High School Diploma or equivalent required.
- Bachelors degree preferred.
- Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other comparable designation preferred.
- Certified Information System Auditor (CISA) or other comparable designation preferred.
Experience Requirements
- Five or more years experience in Auditing at an external firm or financial services firm, or seven years experience with Farmers Insurance and/or one year as a Farmers Insurance Auditor.
- Detailed subject matter expertise of at least one area of the business or industry.
The Preferred Candidate Will Possess
- Subject matter expert within the areas of information technology general and application controls, risks and testing procedures.
- Previous experience working in an accounting/auditing firm.
- Demonstrated ability in advanced audit techniques including data analysis, data visualization, data mining, process mining, provide audit insights and critically think through complex problems.
- Experience using artificial intelligence methods within audit testing.
- Proficient in data analytics tools such as PowerBI, Access, Excel, and SQL.
- Able to draft process maps and flowcharts.
- Working knowledge of the various IT and data security standards, regulations and frameworks.
- Experience leading complex audit engagements.
- Strong understanding of auditing principles, methodologies, and techniques.
- Proven ability to manage and maintain professional relationships.
Special Skill Requirements
- Strong analytical skills.
- Strong oral and written communication skills.
- Strong project management skills.
- Ability to effectively communicate with individuals in the business.
Benefits
Farmers offers a competitive salary commensurate with experience, qualifications and location.
- Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer
Key skills/competency
- IT Audit Leadership
- Risk Management
- Internal Controls
- Data Analytics
- Compliance Auditing
- Information Security
- Audit Methodology
- Stakeholder Communication
- Process Improvement
- Financial Services Auditing
How to Get Hired at Farmers Insurance DDHQ
- Research Farmers Insurance's culture: Study their mission, values, recent news, and employee testimonials on LinkedIn and Glassdoor.
- Tailor Your Resume: Customize your resume to highlight IT audit leadership, risk management, and data analytics experience relevant to Farmers Insurance's needs.
- Showcase Relevant Experience: Emphasize your background in leading complex audit engagements, ideally within financial services or a large firm setting, aligning with Farmers Insurance's requirements.
- Prepare for Technical Deep Dives: Be ready to discuss IT general and application controls, data security standards, and your proficiency with tools like PowerBI, SQL, and Excel in a Farmers Insurance context.
- Demonstrate Strong Communication: Practice articulating complex audit findings, recommendations, and your ability to build professional relationships with business stakeholders, crucial for success at Farmers Insurance.
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