Director, Internal Audit - Business

Farmers Group, Inc.

Los Angeles, CA(remote)

JOB DETAILS
SALARY
$146,925–$249,700 Per Year
SKILLS
Analysis Skills, Artificial Intelligence (AI), Automation, Business Strategy, Calibration, Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Change Management, Communication Skills, Community Support, Employee Retention, Executive Relationships, External Audit, Financial Services, Generally Accepted Auditing Standards (GAAS), High School Diploma, Identify Issues, Insurance, Internal Audit, Leadership, LinkedIn, Multitasking, Performance Management, Presentation/Verbal Skills, Problem Solving Skills, Quality Assurance, Recruiting Strategy, Regulations, Resource Management, Risk, Risk Analysis, Risk Management, Strategic Planning, Talent Management, Test Design, Time Management, Workforce Planning, Writing Skills
LOCATION
Los Angeles, CA
POSTED
10 days ago

We are Farmers - where ambition meets opportunity.

At Farmers, we're not just known for unforgettable jingle - we're a team with a passion for purpose and making a real difference in people's lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn't just a goal - it's a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us.

Join an award-winning, equal opportunity employer, where you'll find more than a job - you'll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.

Ready to make your mark? Discover our vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate. Connect with us on Instagram, LinkedIn and TikTok, and let's build something incredible together!

Workplace: On-site ( #LI-Onsite ), Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

This role provides leadership for business audit, setting strategic direction, risk coverage priorities, and standards of quality and independence. It serves as the primary authority on audit conclusions and escalation to executive leadership and the Audit Committee. The role shapes the long-term capabilities, talent strategy, and modernization of the business audit function while maintaining strong alignment with risk priorities.

Essential Job Functions

  • Set and own business audit strategy, risk coverage priorities, and operating model.
  • Lead the enterprise risk assessment and development of the annual audit plan, portfolio allocations, and scoping.
  • Oversee plan execution and serve as primary liaison to executive leadership and the Audit Committee on audit strategy, risk themes, and significant issues.
  • Hold ultimate accountability for audit quality, risk conclusions, issue calibration, and acceptance of residual risk. Sponsor the long-term roadmap for audit innovation, analytics, and emerging risk coverage.
  • Provide strategic leadership for recruiting, developing, and retaining talent.
  • Lead change management initiatives to support organizational transformation, and manage performance, succession, and long#term workforce planning to sustain a high performing organization.
  • Maintain executive relationships to align audit coverage with enterprise priorities.
  • Communicate audit plans, results, and emerging risk themes to management and governance forums.
  • Oversee escalation of significant issues and ensure audit insights drive systemic remediation and informed risk trade offs.
  • Lead major initiatives that modernize delivery and expand insight generation.
  • Drive adoption of analytics, automation, and responsible AI to enhance coverage, efficiency, and impact.
  • Ensure effective and efficient execution of the audit plan to ensure timely, high-quality delivery.
  • Approve engagement plans, scopes, risk assessments, and resource allocations, steering teams to reach appropriate audit conclusions through thorough, data-informed and risk-based assessments of identified issues and control effectiveness.
  • Lead development of a robust quality assurance program aligned to professional standards.
  • Perform other duties as assigned

Education Requirements

  • High School Diploma or equivalent required.
  • Bachelors degree preferred. Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent preferred.

Experience Requirements

  • Minimum ten years experience in business audit or equivalent required, preferably within financial services or P&C insurance or external audit industry.
  • Minimum five years of leadership experience preferred

Additional Qualification

  • Effective leadership skills.
  • Ability to effectively lead through change while operating in an agile and adaptable manner.
  • Possesses strong product knowledge.
  • Excellent knowledge of generally accepted audit standards, principles of internal controls, processes, assessment and design of compliance testing.
  • Good understanding of industry, key markets, participants, innovation drivers, standards and guidelines, regulatory environment and developments.
  • Demonstrated analytical skills.
  • Ability to think critically and work through ambiguity.
  • Demonstrated written communication skills.
  • Strong verbal communication and listening skills.
  • Ability to inspire and develop staff.
  • Ability to drive multiple projects to successful completion.
  • Ability to work within tight timeframes and meet strict deadlines.
  • Develops and delivers effective presentations.
  • Ability to influence internal and/or external constituents.
  • Possesses a high degree of initiative.
  • Experience with risk-based planning for complex environments.

Benefits

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.

o CA Only: $146,925 - $249,700

o CO Only: $137,775 - $215,490

o HI/IL/MN/VT Only: $137,775 - $230,560

o MA Only: $137,775 - $230,560

  • o MD Only: $137,775 - $230,560

o DC/NJ/NY/OH Only: $137,775 - $249,700

o Albany County, NY/Cleveland, OH: $146,925 - $215,490

o WA Only: $137,775 - $262,000

  • 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

Job Location(s): R_US - United States

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veterans status, or any other basis protected by applicable discrimination laws.

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com

About the Company

F

Farmers Group, Inc.

In 1928, two men shared a dream of providing a quality insurance product at a reasonable price. In the decades that followed we’ve grown and adapted to meet the changing needs of Americans. But one constant has remained: We have an unwavering commitment to uphold our founding ideals to provide industry-leading products and first-rate services to the customers we’re privileged to serve.

Different Eras, Same Exceptional Service

Farmers not only prides itself on helping you plan wisely for the unexpected, but also on helping restore order when it occurs, so you can keep moving along the road of your life’s plans.

In 1959 a Farmers customer wrote us a letter of surprised gratitude when his car battery was replaced just an hour after it was stolen. A letter from a couple in 2002 wrote that their Farmers agent and Claims Adjuster “were exceptional in their handling of our grief, what we needed to do, and helpful in many other ways.” That same year, when Hurricane Rita struck Beaumont, Texas, Farmers sent 300 agents to assess damages while policy holders were evacuated. Farmers also donated $100,000 for the city’s emergency operations center and two megawatt generators that restored power to Beaumont. Whatever year or decade a disaster occurs, you can count on us to be there for you.

Today, the companies comprising the Farmers Insurance Group of Companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.

Farmers is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.

The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Insurance
WEBSITE
http://www.farmers.com/