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Audit Specialist

Farmers Insurance
New York, USA
Closing date
Jul 14, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
We are Farmers!

We are... more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.

Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn't just our business - it's our culture! To learn more about our high-performance culture and open opportunities, check out and be sure to follow us on Instagram, LinkedIn, and TikTok.

Workplace: 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 position is responsible for planning and leading internal audits of the Credit Union including IT, operational and branch audits.
  • Provides input for audit planning and scheduling, and assists with fulfilling the annual audit schedule.
  • Serves as a mentor to Credit Union audit staff.
  • Acts as a subject matter expert for IT audits.

Essential Job Functions

  • Performs audit work for the Credit Union including IT, operational and branch audits.
  • Performs highly complex and technical audits with manager oversight as needed.
  • Performs less complex audits with minimal supervision and guidance.
  • Communicates with auditees and others incident to the audit.
  • Researches, tests, maintains work papers, issues summaries and writes correspondence, generates reports.
  • Identifies IT risks and exposures and works with Credit Union IT and IS teams to mitigate and resolve them.
  • May participate in performing risk assessments.
  • Interacts with various contacts and resources to maintain and develop technical knowledge and expertise, notably in the area of IT.
  • Learns and understands the risks facing the Credit Union by analyzing controls and other information gathered through audits.
  • Contributes to the development of internal audit strategy by communicating findings to management and making appropriate recommendations.
  • Works on investigations and special projects including but not limited to following-up on findings notated by NCUA and CPA examiners/auditors.

Education Requirements

  • High School Diploma or equivalent required.
  • Bachelor's degree required in business administration or a related field.
  • Other: Certified Information Systems Auditor (CISA) designation preferred.

Experience Requirements

  • 2 or more years of experience in auditing or accounting role within a credit union or other financial institution required.
  • Experience with IT audit and methodology preferred.

Physical Actions

  • This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions.
  • Sits or stands for extended periods of time, up to a full work shift.
  • Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping.
  • Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance.
  • Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction.
  • Visually verifies and reads information.
  • Visually locates material, resources and other objects.
  • Ability to continuously operate a computer for extended periods of time, up to a full work shift.
  • Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

  • Farmers offers a competitive salary commensurate with experience, qualifications and location.
    o CA Only: $73,360 - $100,870
    o CO Only: $68,880 - $100,870
    o HI Only: $68,880 - $107,910
    o IL Only: $68,880 - $107,910
  • o MD Only: $68,880 - $107,910
    o NY/DC/Jersey City Only: $68,880 - $117,040
    o Albany County: $73,360 - $117,040
    o WA Only: $68,880 - $122,625
  • 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

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.

Want to learn more about our culture & opportunities? Check out and be sure to follow us on Instagram, LinkedIn, and TikTok.

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