Location
Chicago, IL
Salary
Not specified
Type
fulltime
Posted
Today
Job Description
Position Overview:
Old Republic is a leading specialty insurer that operates diverse property \& casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500, we are a leader in underwriting and risk management services for business partners across the United States and Canada. Our specialized operating companies are experts in their fields, enabling us to provide tailored solutions that set us apart.
**Essential Job Functions
:**
- Provide advisory support for new or changing processes, including control design, process mapping, and best‑practice coaching.
- Identify and assess financial, compliance, operational, and technology risks across core insurance functions (e.g., underwriting, policy issuance, claims, reinsurance) and back‑office functions (e.g., accounting, HR, IT).
- Develop or update risk and control matrices, process narratives, and flowcharts tailored to various SOC environments, often building these materials from the ground up.
- Communicate assessment results and guide stakeholders in implementing effective controls to remediate gaps and/or pursue enhancements, such as automation.
- Support Internal Audit’s role in software development lifecycle (SDLC) initiatives.
- Build strong partnerships with SOCs, acting as a trusted advisor to leadership and operational teams.
- Participate in special projects and contribute to continuous improvement efforts within Internal Audit.
- Stay current on developments in insurance, auditing, risk management, IT, and regulatory requirements.
- Travel up to 20%.
**Qualifications
:**
- Bachelor’s degree in business, preferably Accounting or Management Information Systems.
- Proven experience in internal audit or risk management, within the insurance industry
- CPA, CIA, CFE, CISA, or CPCU certification or similar relevant certification.
- Minimum of 6\+ years of experience in Internal Audit within a publicly traded corporation, Big 4 public accounting, or in consulting or advisory capacities.
- Knowledge of SOX/financial reporting risks.
- Familiarity with compliance standards and frameworks such as NAIC MAR, COSO, IIA Global Standards, GAAP and STAT requirements, and FCPA.
- Proficiency with Microsoft Excel, Word, Visio, and PowerPoint.
- Strong analytical thinking and problem‑solving capability.
- Hands on and execution oriented.
- Ability to communicate complex topics clearly and influence stakeholders.
- Operational mindset with sound judgment and tactical execution.
- Collaborative working style with the ability to build relationships across teams.
- Excellent organization, attention to detail, and ability to manage multiple priorities.
- Project management experience.
ORI is an Equal Opportunity Employer. ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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