Join a team that plays a critical role in shaping and maintaining high standards in the insurance industry. As a Compliance Auditor, you’ll gain hands-on experience evaluating both financial and operational practices, ensuring organizations operate with integrity and transparency. This is an opportunity to grow your expertise, work with experienced professionals, and make a meaningful impact on an industry that touches thousands of clients every day. You’ll also benefit from a collaborative environment that values professional development, continuous learning, and career growth.
Join a team that plays a critical role in shaping and maintaining high standards in the insurance industry. As a Compliance Auditor, you’ll gain hands-on experience evaluating both financial and operational practices, ensuring organizations operate with integrity and transparency. This is an opportunity to grow your expertise, work with experienced professionals, and make a meaningful impact on an industry that touches thousands of clients every day. You’ll also benefit from a collaborative environment that values professional development, continuous learning, and career growth.

Responsibilities of the Compliance Auditor is as follows:

• Perform preliminary risk assessment of the brokerage selected for audit (the audit subject) based on a review of existing data and established risk factors
• Determine relevant areas of potential risk and design and deploy a semi-customized audit through the appropriate selection of existing audit modules
• Gather financial records and other operational documents from the brokerage, and request additional information as required
• Analyze records and identify areas of concern related to Position Reports, equity shortfalls, trust shortages, continuing education and other matters
• Conduct interviews with brokers and other brokerage staff to gather information, discuss areas of concern, suggest improvements, and discuss possible resolutions
• Determine appropriate regulatory approach, including, when appropriate, escalating high risk matters to Investigations
• Communicate outcomes of all files to the brokerage, both verbally and in writing using available templates
• Follow RIBO’s audit service standards and guidelines
• Identify emerging industry trends and assist in determining an appropriate course of action
• Remain current on the Registered Insurance Brokers Act, By-Laws and Regulations including the Code of Conduct, and other relevant legislation and industry practices
• Provide feedback on organizational processes, particularly in CCI and actively participate in process improvement initiatives

• Perform preliminary risk assessment of the brokerage selected for audit (the audit subject) based on a review of existing data and established risk factors
• Determine relevant areas of potential risk and design and deploy a semi-customized audit through the appropriate selection of existing audit modules
• Gather financial records and other operational documents from the brokerage, and request additional information as required
• Analyze records and identify areas of concern related to Position Reports, equity shortfalls, trust shortages, continuing education and other matters
• Conduct interviews with brokers and other brokerage staff to gather information, discuss areas of concern, suggest improvements, and discuss possible resolutions
• Determine appropriate regulatory approach, including, when appropriate, escalating high risk matters to Investigations
• Communicate outcomes of all files to the brokerage, both verbally and in writing using available templates
• Follow RIBO’s audit service standards and guidelines
• Identify emerging industry trends and assist in determining an appropriate course of action
• Remain current on the Registered Insurance Brokers Act, By-Laws and Regulations including the Code of Conduct, and other relevant legislation and industry practices
• Provide feedback on organizational processes, particularly in CCI and actively participate in process improvement initiative