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Audit Director, P&C

Zurich Insurance Company Ltd. Careers
Schaumburg, Illinois, United States
Closing date
Mar 7, 2024

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Job Role
Contract Type
Full Time
Zurich Group Audit is a fun, exciting, fast-paced, and high-performing team of audit professionals with diverse professional and cultural backgrounds and experiences. We seek a highly experienced Audit Director for Group Audit in the US to oversee the delivery of our Property and Casualty (P&C) insurance audit portfolio and deputize the Head of Audit for North America for US P&C-related activities. This person will work at our North America HQ in Schaumburg, IL.

Group Audit is a global, fully vertically integrated Audit function that reports to the Group Audit Committee. Our ambition is to provide inspiring assurance in whatever form and time our stakeholders need it for their decision-making. Group Audit's ambition is firmly grounded in four pillars: People and Growth, Business Insights, Enhance Assurance, and Improve Efficiency.

Five years from now, you will likely be auditing products, services, and systems that have not been invented and doing these using tools and techniques that have not been developed. Therefore, we accept and embrace how quickly our knowledge and skills will become obsolete in the digital age. To address this, we will invest in you to learn, grow, and stay at the forefront of your profession.

The US P&C Internal Audit Director will primarily oversee the delivery of P&C audits in the US, deputizes the Head of Audit for North America as the key point of contact to US P&C local management, supports, develop, and continuously risk-assesses the US P&C annual audit plan. The role will present regular updates to the quarterly US P&C Assurance Coordinator Meeting and the Risk and Control Committee (as needed) and reports to the Head of Audit for North America.

Basic Qualifications:

  • Bachelor's Degree and 10 or more years of experience in the financial services, internal audit or P & C insurance audit area AND
  • Knowledge of commercial and retail insurance trends, emerging risks and their impact on insurance.
  • Experience with audit techniques including data analytics and agile audit.
  • Experience in leading teams through change within diverse and international organizations in a hybrid and/or remote working environment.
  • Experience evaluating and challenging risk assessments to assess the applicability of audit planning, audit findings, potential exposures and materiality that may impact the business.

Preferred Qualifications:

  • Certified Internal Auditor (CIA).
  • P&C insurance certification, ideally from the American Institute For Chartered Property Casualty Underwriters (e.g., CPCU, AIC, AU, or ARM), or close to obtaining this.
  • Possess significant knowledge of auditing Property and Casualty (P&C) Insurance, including Underwriting, Claims, Reinsurance, with a record of identifying value add observations.
  • Strong understanding of US regulatory requirements.
  • A clear understanding of the llA Standards regarding audit delivery and audit planning/Head of Audit responsibilities.
  • Understand the audit methodology required to deliver excellent audit outcomes and the skills and competencies needed to provide quality, impactful and insightful audit reports. This includes a good understanding of the power of data analytics.
  • Experience as a line manager for a smaller (audit) team or similar capacity providing performance reviews and coaching to experienced professionals.
  • Excellent relationship management skills.
  • Strong verbal and written communication skills with the ability to interact across all levels within the business. Experience in presenting audit results at formal company governance committees.
  • Strong analytical and problem-solving skills.
  • International work experience.
  • You should be willing and able to travel nationally and internationally (mainly within Canada and the US), approximately 10%.
  • Relevant Master's Degree in Insurance and Risk Management.

As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

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

Linkedin Recruiter Tag: #LI-MG1 #LI-EXECUTIVE

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