Summer Internship- Internal Audit Intern
Internship, Internal Audit Intern - National Life Group - USA
Internal Audit 2020 Internship Program
The Internal Audit Department is looking for summer interns for 2020. The interns will have the opportunity to interact with various levels of internal auditors and lower level management throughout NLG. This interaction with provide them a foundational understanding of the Audit process and the applicable testing to achieve specific objectives. Further, they will be required to complete various testing requirements, which will educate them regarding work paper completion (i.e. appropriately detailed, supported, and reviewed). They will also be given projects to work on throughout the summer to work on independently and in teams with oversight from Senior Internal Auditors.
Key Competencies: Analytical skills, organizational skills, attention to detail, team orientation, ability to handle multiple tasks, quick learner, communication skills, integrity, confidentiality, high degree of professionalism.
Specific task to be performed throughout the summer include:
- Perform control testwork as part of the Model Audit Rule Program (MAR). The Interns will execute test plans of key controls through inquiry, observation, examination, and/or re-performance under the supervision of the MAR team. This will include obtain the appropriate control documentation and documenting test results according to Internal Audit testing standards.
- Perform Direct Assistance work for NLG’s financial auditor’s (PwC) – The Interns will be responsible for executing an audit program. This will include obtaining the data from the applicable administrative and financial system and perform procedures to ensure the completeness and accuracy of the data as noted in the audit program.
- Assist the Internal Audit Department in performing risk and control analysis on various business processes. The Interns will be responsible for setting up meetings with departments, updating the documentation, helping to analyze risk and risk conclusions, mapping risks to the appropriate controls, and reviewing controls to ensure that they are meeting applicable standards.
- Assist the Internal Audit Department in updating business processes on a rotating basis.
- Utilizing data analytics tools (Alteryx) to perform monitoring over specific accounts and activities. Document the process, any outliers, and investigate results of those outliers. Present findings to the Internal Audit Department and business areas during staff meetings and other meetings.