SAFETY INSURANCE GROUP INC Internal Auditor Salary in the United States

How much does an Internal Auditor make at companies like SAFETY INSURANCE GROUP INC in the United States? The average salary for Internal Auditor at companies like SAFETY INSURANCE GROUP INC in the United States is $82,490 as of March 26, 2024, but the range typically falls between $73,321 and $91,659. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

About SAFETY INSURANCE GROUP INC

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What does an Internal Auditor do at companies like SAFETY INSURANCE GROUP INC?

Job Details

Level:    Experienced
Job Location:    Boston - Boston, MA
Position Type:    Full Time
Education Level:    Bachelor's Degree
Salary Range:    Undisclosed
Travel Percentage:    None
Job Shift:    Day
Job Category:    Finance

Benefits of Working for Safety

Safety Insurance has become one of the leading property and casualty insurance providers in Massachusetts mainly because of our unwavering commitment to independent agents and their customers. Our success is built on a philosophy of offering the highest quality insurance products at competitive rates and providing the best service at all costs.

 

Through our supportive career, educational and family policies, we enable our employees to be their best. We respect the balance of work and leisure by offering flexible schedules and a 37.5 hour workweek. Safety employees enjoy a positive environment in our convenient downtown office located in the heart of Boston's financial district.

 

Along with our competitive salaries, we offer a comprehensive benefits package including medical and dental insurance, 100% matching 401k retirement plan, 100% tuition reimbursement and much, much more!

Job Summary


Under the direction of the Internal Audit Manager, this position is responsible for the performance of assigned integrated audit examinations within various divisions throughout the company.  Responsibilities include assisting the audit team in assessing the adequacy and integrity of financial, operational, and compliance controls within the current control environment, including compliance with the Sarbanes Oxley Act of 2002. Responsibilities also include recommending and assisting in the development and implementation of improvements to the control environment.

 

DUTIES:

  • Responsible for the performance of assigned audit reviews.
  • Revise audit objectives and work programs in order to effectively test the assigned audit area.
  • Perform process reviews and audits within all departments for the purpose of identifying and documenting key financial, operational and compliance controls.
  • Perform audit field work in according to the Annual Audit Plan, including independent testing of key controls to assess the adequacy of design, and operating effectiveness, as required by Sarbanes-Oxley.
  • Assist in the documentation of processes, risks and internal controls, identifying key controls, and developing test plans in accordance with Sarbanes-Oxley compliance requirements.
  • Prepare oral and written reports to include the audit findings, conclusions and recommendations for improvement.
  • Assist in evaluating management’s responses to proposed recommendations for improvement of process/control environment.
  • Perform audit follow-up procedures.
  • Conduct special examinations and other audit activities as required. 
     
    EDUCATION:
    College degree with course work in accounting or finance, and/or Information Systems recommended.
     
    EXPERIENCE:
    2-5 years of related audit experience, recommended.
    2-5 years related insurance, financial, or IT experience preferred
    Proficiency using Microsoft Office (MS Excel, Word, Access) and other related software.  
    Proficiency with ACL helpful.
     
    REQUIRED SKILLS:
    Strong verbal and written communication skills; ability to interact effectively with all levels of management; organized; ability to work well independently and as a team member.
     
    SUPERVISORY RESPONSIBILITIES:
    No direct supervisory responsibilities
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$73,321 Low Average $82,490 High $91,659

Understand the total compensation opportunity for Internal Auditor at companies like SAFETY INSURANCE GROUP INC, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$73,321
$91,659
$82,490
The chart shows total cash compensation for the SAFETY INSURANCE GROUP INC Internal Auditor in the United States, which includes base, and annual incentives can vary anywhere from $73,321 to $91,659 with an average total cash compensation of $82,490. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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