Director of Internal Audit; Risk & Insurance; TOR

Job Description Director of Internal Audit (Risk & Insurance)

Lead strategic audit initiatives in a major insurance environment. This senior-level, six-month hybrid contract in Waterloo puts you at the center of risk, compliance, and governance execution. Work closely with executives, guide audit teams, and deliver high-impact insights in a fast-paced, regulated sector.

• Salaried: $98-108 per hour.
• Incorporated Business Rate: $110-120 per hour.
• 6-month contract.
• Full-time position: 37.50 hours per week.
• Weekday schedule from 8:30 am to 4:30 pm.
• Hybrid model with 2-3 days per week on-site at the office.

• Provide strategic and operational leadership for internal audit activities within the Canadian business portfolio.
• Lead a team of 4-5 auditors and oversee audit engagements from planning to execution.
• Deliver risk-based insights to senior stakeholders and present clear, concise audit reports.
• Manage complex engagements, ensuring alignment with audit standards and internal policies.
• Engage with internal, external, and regulatory stakeholders to validate findings and monitor action plans.
• Conduct resource planning, chair client and stakeholder meetings, and drive continuous improvement.
• Support compliance and regulatory audits, including the preparation of executive presentations.
• Foster a high-performance team culture and provide coaching to audit staff.

• Professional designation such as CPA, CIA, CISA or equivalent is strongly preferred.
• Security Clearance:
  Enhanced Reliability Clearance (ERC) required.
• 5-7 years of experience in internal audit, risk, or assurance roles within complex environments.
• Demonstrated leadership experience at a senior or director level.
• In-depth understanding of audit standards, risk methodologies, and internal control frameworks.
• Familiarity with control frameworks such as COSO and COBIT.
• Strong stakeholder management, communication, and influencing skills.
• Experience in insurance, finance, or regulatory environments is essential.
• Proficient with Microsoft applications; experience with Archer and Tableau is a strong asset.
• Ability to work independently and deliver results in a fast-paced, matrixed organization.

Recruit Action (agency permit: AP-2504511) provides recruitment services through quality support and a personalized approach. As part of the screening process, some applications may be reviewed using artificial intelligence tools. Only candidates who meet the hiring criteria will be contacted.

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