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The Department of Insurance and Financial Services (DIFS) is seeking an individual to work in public service as an Auditor in its Office of Insurance Licensing and Market Regulation. This is an opportunity to build a lifelong career doing work that truly matters – helping to protect consumers and maintaining public confidence in Michigan’s insurance industry. DIFS is looking for candidates who are willing to travel as most of the work is in the Detroit area. Hybrid work will be considered for this position.

The right candidate will serve an important role in Michigan’s insurance sector ensuring sound business practices, offering guidance, and protecting Michigan consumers, responsible for monitoring and analyzing business practices of insurance agencies and premium finance companies to identify potential or existing areas of concern, determine the causes of any deficiencies, and assist in resolving those issues. Auditors also play an important role in determining needed enforcement action and ensuring transparency through audit reporting activities.

The ideal candidate will have:
  • The drive to serve the people of the State of Michigan and make a difference in the insurance and financial services industries. 
  • The ability to thrive in a dynamic, collaborative, and high-tech environment while demonstrating sound professional judgment and decision-making.
  • A curious and analytical mind capable of analyzing financial performance, identifying, and assessing risks, developing solutions, and supporting conclusions.
  • The ability to communicate clearly, concisely, and effectively both orally and in writing.
  • The desire to work closely with colleagues and senior leaders to solve problems.
  • The ability to work well independently and within a team.
  • The willingness to travel with some travel requiring overnight stay.
DIFS is looking for team members who have an interest in helping others, who want to learn and grow as professionals, and who want to enjoy all the exciting things that life in Michigan has to offer. This position provides competitive pay, retirement, health, vision, and dental benefits.

Please submit a cover letter, resume, and official transcripts to your application. In addition, please supply a two-page writing sample communicating audit findings to an audit client. Make sure to include a proposal of actions to be taken by the client. Be sure to redact confidential client information. If you do not have a sample communicating audit findings, include a two-page writing sample of a professional nature. Failure to attach the requested materials may result in your application being screened out.

This position conducts targeted audits of licensed insurance agencies and premium finance companies. Monitor and analyze business practices of agencies and finance companies. Identify potential or existing areas of concern, determine causes of said deficiencies, and assist in resolving any identified issues. Prepare audit reports containing data on records audited, conclusions reached, exceptions taken and proposed action. Compile referrals to Office of General Council with recommended enforcement actions.

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Required Education and Experience
Education
Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting.

Experience

Auditor 9
No specific type or amount is required.

Auditor 10
One year of professional experience auditing accounting, financial, and operations records equivalent to an Auditor 9.

Auditor P11
Two years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor 10.

Auditor 12
Three years of professional experience auditing accounting, financial, and operations records equivalent to an Auditor, including one year equivalent to an Auditor P11.
Alternate Education and Experience
Possession of a Certified Public Accountant certification (CPA) may be substituted for one year of experience at the P11 level.

OR

Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of experience at the P11 level.
 
Possession of a Certified Internal Auditor certification or a Certified Information System Auditor certification may be substituted for one year of experience at the P11 level forpositions responsible for internal auditing.

OR
Possession of a bachelor's degree with 24 semester credits (36 term) in finance, information systems, or management may be substituted for the education for positions responsible for internal auditing.
Additional Requirements and Information
Some jobs may require that the employee possess a Certified Public Accountant certification (CPA).
 
Certain positions may be assigned subclass codes and individuals appointed must possess the required specialized experience.