Principal, Internal Audit

About This Role

This role involves providing independent and objective evaluations of the effectiveness of internal controls for the Mass General Brigham Health Plan, focusing on regulatory compliance and financial integrity. The Principal will develop audit plans, conduct risk assessments, and oversee audit execution to improve operations and risk management.

Responsibilities

• Develop comprehensive audit plans based on risk assessments, regulatory requirements, and organizational objectives
• Coordinate audit activities to ensure timely and efficient execution
• Conduct risk assessments to identify and prioritize areas of potential risk within the organization
• Collaborate with key stakeholders to develop mitigation strategies and control measures
• Assess operational processes and procedures to identify inefficiencies, gaps, and improvement opportunities
• Develop and implement the Health Plan's overall internal audit strategy, including annual plan and long-term objectives
• Oversee the execution of internal audits across various health plan departments and functions
• Evaluate the effectiveness of internal controls, policies, and procedures to mitigate operational and compliance risks
• Assess health plan’s compliance with relevant laws, regulations, and policies
• Prepare and present comprehensive audit reports to health plan leadership and the board of directors
• Monitor and ensure the timely implementation of audit recommendations by relevant departments

Requirements

• Bachelor's Degree in Accounting, Finance, or Business Administration
• 8+ years of auditing experience (public accounting and/or internal audit), or relevant consulting experience
• 5+ years of management experience
• Strong understanding of healthcare regulations, compliance requirements, and risk management practices within the health insurance or healthcare industry
• Excellent leadership, team management, and decision-making abilities
• Strong analytical and problem-solving skills

Qualifications

• Bachelor's Degree in Accounting, Finance, or Business Administration required
• 8+ years of auditing experience (public accounting and/or internal audit), or relevant consulting experience

Nice to Have

• Master's Degree Related Field of Study
• 1+ years of project management experience
• 0-1 year of information system audit experience
• Certified Public Accountant
• Certified Internal Auditor [CIA] - The Institute of Internal Auditors (IIA)

Benefits

Certifications