AD15 - Audits Manager I
General Nature of Work:
Directs and manages a professional staff in conducting audits, investigations and evaluations of the administrative, financial and operational activities of state agencies and institutions and of insurance companies licensed in South Carolina.
Guidelines for Class Use/Distinguishing Characteristics:
This class is the first of two management levels of auditors.
Examples of Work:
(Note: The examples of work listed in this class specification are not necessarily descriptive of any one position in the class. The omission of specific statements does not preclude management from assigning specific duties not listed herein if such duties are a logical assignment to the position. The intent of the listed examples is to give a general indication of the levels of difficulty and responsibility common to all positions in this class.)
Directs the activities of auditing teams; conducts special audits; determines audit priorities and work assignments of subordinate personnel; reviews work of subordinates and results of completed audits to ensure compliance with applicable statutes and regulations.
Confers with agency representatives and insurance company officials regarding audit results.
Confers with subordinate personnel to give advice or instructions in the course of an audit or to clarify work assignments during an audit.
Establishes procedures for utilizing early warning systems results and applying tests to identify organizations requiring further analysis.
Prepares comments and financial statements indicating the financial position of agencies and companies.
Provides technical interpretations of life, accident and health, fire or casualty insurance laws and regulations.
Prepares audit materials for formal training classes of new auditors; writes or updates procedural and training manuals; assists in training an audit staff.
Assists in developing recommendations for regulatory action in cases of impaired organizations.
Conducts research pertaining to insurance problems; reviews discrepancies in statements with auditors discovering errors in organization's financial statement.
Interprets federal and state laws and regulations; instructs employees as to changes in affected procedures.
Prepares annual and five year budgetary plans for the agency's audit program; monitors auditing activity expenditures.
Provides professional and technical advice to top agency management in the analysis, planning, organizing and controlling of agency systems and services; assists in the improvement and implementation of agency policies and procedures.
Knowledge, Skills and Abilities:
(Note: The knowledge, skills and abilities listed are not necessarily inclusive of the requirements for every position in the class.)
Knowledge of principles, practices and theories of accounting, auditing and insurance.
Knowledge of organizational and managerial practices, principles and theories.
Knowledge of rate determination procedures and practices.
Knowledge of the applicable South Carolina statutes relating to insurance operations.
Ability to analyze and interpret complex accounting, auditing, budgetary and financial data.
Ability to plan, organize, schedule and direct comprehensive audit projects.
Ability to interpret and apply provisions, rights of policyholders and benefit requirements.
Ability to establish and maintain effective working relationships with staff members, public officials and insurance company representatives.
Ability to supervise professional, paraprofessional and clerical employees.
Ability to communicate effectively.
State Minimum Training and Experience
State Necessary Special Requirements:
(Note: Additional requirements may be applicable for individual positions in the employing agency.)
A bachelor's degree in accounting, business administration, finance or insurance and experience in professional-level accounting, auditing or financial management.
MUSC Minimum Training and Experience Requirements:
A bachelor's degree in accounting, business administration, finance or insurance and three years experience in professional-level accounting, auditing or financial management.
MUSC Physical Requirements: