As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! At Nationwide, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.
Internal job grade is H3.
As a key member of the Office of Internal Audit's Leadership Team, you will directly report to the Chief Audit Executive. In this pivotal role, you will have the opportunity to innovate, strategize and develop plans to drive excellence in the following areas:
- Audit Quality Program – with the release of the IIA’s Global Internal Audit Standards, you will have the opportunity to re-imagine the Office’s internal and external Quality Program. While leading this Program, you will have exposure to all aspects of the Office’s practices and methodologies, gain insights into leading practices and gain greater knowledge of Nationwide and the insurance industry.
- Audit Performance and Continuous Improvement – You will collaborate with the Leadership Team to drive our culture of high performance. This will be accomplished by leveraging technologies such as business/process intelligence, generative AI, and/or our audit practice platforms, as well as utilizing continuous improvement best practices. By meshing these tools and techniques with best practices from internal or external audit (or similar environments), you will uplift the risk insights provided to Nationwide and help develop associates across the Office.
- Additionally, you will lead various office-wide strategic initiatives and provide support to the CAE and the Office as needed.
This is a hybrid position located in Columbus, Ohio and you will be required to come into the office as needed.
This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
Job Description Summary
To enable Nationwide to serve customers with the extraordinary care they deserve, we use advanced analytics to get insights from big data to provide meaningful audit results that improve business effectiveness and efficiency. No two audits are ever the same and the variety of work assignments gives us visibility and exposure throughout the enterprise. If you have the desire to learn continuously, think critically and can see the big picture, we want to know more about you!
As a Senior Consultant, you'll be a leader in the Office of Internal Audit (IA) and may have a broad spectrum of responsibilities depending on your organizational alignment, ranging from managing critical initiatives, owning our Audit Quality program, and driving continuous improvement. You’ll have the opportunity to shape the Audit Plan by providing insights based on deep knowledge of the strategic direction of the business and internal auditing, managing engagements from planning to completion, and/or navigating evolving business environments and related risks.
Key Responsibilities:
- Completes special projects as advised by leadership, e.g., system implementations, executive reporting, Institute of Internal Auditors (IIA) Global Internal Audit Standards (Standards), and Audit Quality & Performance Programs.
- Understands the strategic plan and key initiatives of the assigned business unit. Based on this understanding provides valuable input into the audit planning process. Performs key executive interviews in the annual audit risk assessment process.
- Develops, leads and maintains the Internal Quality Assurance & Improvement Program as required by IIA standards, including approach, testing methodology, reporting and follow training.
- Manages the periodic External Quality Assessment program as required by the IIA Standards.
- Works in connection with the Chief Audit Executive (CAE) to drive the Audit Performance Program as required by the IIA Standards.
- Acts as change agent for special projects arising from the evolution of the IIA Standards (e.g., Topical Requirements), working across IIA organization.
- Development of various communication documents delivered by the CAE and other IA Officers.
- Drives ongoing risk assessments which serve as input to the risk-based audit plan.
- Demonstrates high-energy, flexibility, time management and strong communication skills by managing multiple assurance or advisory engagements at a time.
- Leads engagements, from planning through reporting, with an expert-level knowledge of auditing techniques and according to professional and internal standards. This includes identifying key risks and controls for the engagement plan, coordinating, and reviewing work performed by engagement staff, summarizing issues, recommendations and conclusions in the engagement report and managing client relations. At times, performs engagement tasks of the highest complexity.
- Uses analytics and data visualization tools to perform full population testing. Identifies new ways to audit through data analytics, continuous auditing or other technologies.
- Develops relationships across the enterprise to provide outstanding care to all customers and serves as a trusted business advisor to clients, internal risk partners, and others.
- Leads initiatives and acts as a change-agent, driving the unit to be more agile and innovative.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Audit Director/Audit Officer.
Typical Skills and Experiences:
Education: Bachelor’s degree in business, technical or related field preferred.
License/Certification/Designation: Relevant certifications (e.g., CPA, CIA, CISA, CFE, PMP) desired.
Experience: Typically, more than 10 years of experience in audit, risk management or a related field. Experience in the insurance and financial services industry is preferred.
Knowledge, Abilities and Skills: Skilled knowledge in audit, business and information technology general concepts and theory. Must have an operational knowledge and application of audit practices to multiple functional areas. Must have knowledge of project management and motivational theory. Applied knowledge in assessing risk. Must have critical thinking and decision-making skills for problem and/or enhancement identification and solution recommendation. Must have effective verbal and written communication skills. Must collaborate and function in a team environment. Must have strong organizational and leadership skills to prioritize multiple tasks and execute audit objectives in a timely manner. Must have strong coaching and consulting skills.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Not eligible (exempt).
Working Conditions: Normal office environment. Some travel may be required.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits: We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
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