West Bend Mutual Insurance

Internal Audit Specialist

West Bend Mutual Insurance$96K — $121K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6-8 years of experience in internal auditing or assurance functions.
  • Bachelor's degree in accounting or related field.
  • Professional certifications like CPA or CIA are preferred.
  • Advanced understanding of risk-based auditing and internal controls.
  • Ability to communicate effectively with diverse stakeholders.
  • Commitment to independence and professional standards.

Responsibilities

  • Lead and manage financial and operational audits from planning to reporting.
  • Act as a subject-matter expert in financial processes, especially in property and casualty insurance.
  • Plan and conduct complex audits involving cross-departmental interactions.
  • Ensure proper coverage of Enterprise Risk Management and Management Accountability Reporting risks.
  • Oversee audit engagements, ensuring quality and timeliness of deliverables.
  • Mentor audit staff, offering guidance and reviewing work for accuracy.
  • Identify control weaknesses and recommend improvements to governance and risk management.

Benefits

  • Comprehensive medical and prescription insurance.
  • Health savings account options.
  • Dental and vision coverage.
  • Short and long-term disability insurance.
  • 401(k) plan with company match available.
  • Employee assistance program for well-being support.
  • Paid time off starting at 17 days annually, with enhancements for experience.
Full Job Description
Job Summary

The Internal Audit Specialist is an experienced auditor who leads complex financial and operational audits, provides day-to-day engagement oversight, and serves as a technical resource for audit staff. This role helps ensure audit work is well-planned, well-executed, and ready for manager review, without having direct people-management accountability. The Specialist also supports risk assessment, audit planning, stakeholder communication, and practical control improvement recommendations. The internal deadline to apply is 9/10/2026. External applications will be accepted on a rolling basis while the position remains open.

Work Location

Hybrid

This position offers a hybrid work schedule. Candidates who are located within 50 miles of a West Bend office location will work a hybrid schedule for collaboration days, team meetings or other in-person events. The position can be based in West Bend or Madison.

Responsibilities & Qualifications

Key Responsibilities
  • Lead and execute financial and operational audit engagements from planning through reporting, ensuring audit work is risk-based, timely, well-documented, and aligned with professional standards.
  • Serve as a subject-matter expert in financial processes and core property & casualty (P&C) insurance operations, including underwriting, claims, reinsurance, reserving, investments, financial reporting, and enterprise support functions.
  • Plan and conduct complex audits, which may include multiple departments, financial impact, regulatory compliance requirements, sophisticated systems and data, third-party relationships, or highly judgmental business processes.
  • Confirm appropriate coverage of ERM and MAR risks and controls.
  • Provide audit engagement oversight by monitoring progress, reviewing key audit deliverables, resolving audit issues, and ensuring audit observations and reports are accurate, well-supported, and ready for leadership review.
  • Coach and mentor audit staff, providing technical guidance and reviewing work for accuracy and completeness.
  • Identify control weaknesses, assess risk exposures, and recommend practical, value-added solutions to strengthen governance, risk management, and internal controls.
  • Assist in updating the risk assessment and developing the annual audit plan through ongoing liaison relationships with assigned business areas and areas of expertise.
  • Communicate audit findings clearly to management and support remediation efforts.
  • Stay informed on emerging risks, regulatory changes, and industry best practices.
  • Promote continuous improvement, adoption of innovative audit techniques, and enhancement opportunities to current processes.


Preferred Skills
  • 6-8 years of experience performing and/or overseeing internal audit or related assurance functions.
  • Ability to connect audit work to organizational objectives, key risks, Company strategy, and business priorities.
  • Advanced understanding of risk-based auditing, internal controls, regulatory requirements, and practical risk mitigation.
  • Ability to independently lead audit engagements, influence stakeholders, and provide technical guidance or informal coaching to team members.
  • Knowledge of internal audit standards, risk management, and controls & frameworks (e.g., financial, operational, IT controls, statutory accounting practices).
  • Ability to interpret complex data and provide meaningful insights.
  • Effective written and verbal communication skills for stakeholder engagement and reporting.
  • Skilled in managing multiple audits and projects effectively.
  • Commitment to independence, objectivity, and professional standards.


Preferred Education, Experience and Training
  • Bachelor's degree in accounting or related field.
  • Professional certifications, such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor) or equivalent, depending on experience.
  • Completion of Chartered Property Casualty Underwriter (CPCU), Associate in General Insurance (AINS), or other relevant continuing education.


Salary Statement

The salary range for this position is $96,842 - $121,053

The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, business needs, geographical location, and internal equity. Compensation decisions are made by West Bend and are dependent upon the facts and circumstances of each position and candidate.

Benefits

West Bend offers a comprehensive benefit plan including but not limited to:

  • Medical & Prescription Insurance
  • Health Savings Account
  • Dental Insurance
  • Vision Insurance
  • Short and Long Term Disability
  • Flexible Spending Accounts
  • Life and Accidental Death & Disability
  • Accident and Critical Illness Insurance
  • Employee Assistance Program
  • 401(k) Plan with Company Match
  • Pet Insurance
  • Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates
  • Bonus eligible based on performance
  • West Bend will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act for Colorado employees, in accordance with its plans and policies.


About West Bend Mutual Insurance

West Bend Mutual Insurance Company is a property and casualty insurance company headquartered in West Bend, Wisconsin. The company offers personal and commercial insurance products, including auto, home, business, and workers' compensation insurance. West Bend Mutual Insurance Company was founded in 1894 and has been providing insurance coverage for over 125 years. The company is committed to providing excellent customer service and has received numerous awards for its claims handling and customer satisfaction. West Bend Mutual Insurance Company is rated A (Excellent) by A.M. Best, a leading insurance rating agency.
Learn more about West Bend Mutual Insurance
Size
1,200 employees
Industry
Founded
1894

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