Job Description

This posting is scheduled to close on November 23, 2025 at 11:59pm MST. If a sufficient number of qualified applications are received, this posting may close early. Apply today!
About the job:
Are you ready to be a strategic partner dedicated to enhancing organizational effectiveness? We're seeking a proactive Internal Auditor to provide independent, objective assurance and professional consulting services that add value and improve our operations.
This isn't just about compliance; it's about being an agent of change. You will play a crucial role in supporting our ability to accomplish critical business objectives by consistently applying an evaluative approach to improve the effectiveness of risk management, control, and governance processes.
In this highly visible position, you'll consult proactively with our President/CEO, CFO, Board of Directors, and management regarding corporate practices, policies, procedures, and controls. If you're looking for a role where you can use your expertise to support a mission-driven organization in achieving its goals, this is the opportunity for you!
Required Skills
What you will do:

• Audit Execution & Reporting: Conducting financial, operational, and compliance audits according to professional standards. Developing audit plans, workpapers, and comprehensive reports that detail findings and actionable recommendations. Clearly communicates audit results and recommendations to management and other stakeholders, both verbally and in writing. Following up on implemented recommendations to ensure effectiveness and continuous improvement. Report quarterly at Board of Directors' meetings.
• Control & Process Evaluation: Assessing the effectiveness of internal controls across financial reporting, data management, operational processes, and regulatory adherence. Evaluating the efficiency and effectiveness of claims handling and reviewing underwriting practices to ensure alignment with company policies, risk appetite, and regulatory requirements. Collaborate with IT teams and system processes to identify risks and recommend system and technical control improvements.
• Risk & Compliance Management: Identifying control weaknesses, process inefficiencies, and areas of opportunity with compliance and regulations. Participating in special projects, research, and advisory engagements as needed. Staying current with industry trends, regulatory changes, and internal audit best practices. Coordinate and oversee the Enterprise Risk Management (ERM) program for MSF, ensuring effective and efficient identification of enterprise-level risks, evaluation of controls and action plans, and reporting and tracking risks.
• Enhancing Strategic Alignment: Provides leadership with actionable insights by identifying risks, inefficiencies and opportunities for improvement. Collaborates across the organization to ensure that internal processes align with organizational goals.

Required Experience
What you will need (minimum qualifications):

• Bachelor's degree in accounting or related field and
• A minimum of five (5) years auditing experience or five (5) years in a position responsible for overseeing complex regulatory frameworks and risk management.

• Or equivalent combination of education and experience
• Excellent communication, planning, and organizational skills

Preferred:

• Certified Internal Auditor (CIA) designation
• Knowledge of the workers compensation industry

Job Location: This position requires occasional presence in the Helena, MT office.
Working conditions:
Fast paced general office environment. Some stress may occur. Regular travel not expected but may occur occasionally around organizational specific events or during the course of employment. Requires sitting for extended periods of time, standing, visual acumen, manual dexterity, detailed verbal communications and fine finger manipulation for working with computer keyboards.
Compensation and Benefits: Pay range 3D. Starting salary for this exempt position begins at $97,000 - $121,200.
Montana State Fund offers excellent benefits, paid time off, and a competitive compensation program, including:

• Excellent health insurance with dental, vision, life, long-term disability and more, with optional dependent coverage.
• Flexible spending accounts for dependent care and medical expenses.
• Public employees' retirement plan tax-deferred contributions with a generous employer match.
• Optional 457(b) deferred compensation to further increase retirement savings.
• Higher education reimbursement and other training and development programs.
• Robust personal leave, paid holidays, and extended leave.

Learn more about working at MSF:
Are you interested in this opportunity? Apply today!
What you will do:

• Audit Execution & Reporting: Conducting financial, operational, and compliance audits according to professional standards. Developing audit plans, workpapers, and comprehensive reports that detail findings and actionable recommendations. Clearly communicates audit results and recommendations to management and other stakeholders, both verbally and in writing. Following up on implemented recommendations to ensure effectiveness and continuous improvement. Report quarterly at Board of Directors' meetings.
• Control & Process Evaluation: Assessing the effectiveness of internal controls across financial reporting, data management, operational processes, and regulatory adherence. Evaluating the efficiency and effectiveness of claims handling and reviewing underwriting practices to ensure alignment with company policies, risk appetite, and regulatory requirements. Collaborate with IT teams and system processes to identify risks and recommend system and technical control improvements.
• Risk & Compliance Management: Identifying control weaknesses, process inefficiencies, and areas of opportunity with compliance and regulations. Participating in special projects, research, and advisory engagements as needed. Staying current with industry trends, regulatory changes, and internal audit best practices. Coordinate and oversee the Enterprise Risk Management (ERM) program for MSF, ensuring effective and efficient identification of enterprise-level risks, evaluation of controls and action plans, and reporting and tracking risks.
• Enhancing Strategic Alignment: Provides leadership with actionable insights by identifying risks, inefficiencies and opportunities for improvement. Collaborates across the organization to ensure that internal processes align with organizational goals.

What you will need (minimum qualifications):

• Bachelor's degree in accounting or related field and
• A minimum of five (5) years auditing experience or five (5) years in a position responsible for overseeing complex regulatory frameworks and risk management.

• Or equivalent combination of education and experience
• Excellent communication, planning, and organizational skills

Preferred:

• Certified Internal Auditor (CIA) designation
• Knowledge of the workers compensation industry

Job Location: This position requires occasional presence in the Helena, MT office.
Working conditions:
Fast paced general office environment. Some stress may occur. Regular travel not expected but may occur occasionally around organizational specific events or during the course of employment. Requires sitting for extended periods of time, standing, visual acumen, manual dexterity, detailed verbal communications and fine finger manipulation for working with computer keyboards.
Compensation and Benefits: Pay range 3D. Starting salary for this exempt position begins at $97,000 - $121,200.
Montana State Fund offers excellent benefits, paid time off, and a competitive compensation program, including:

• Excellent health insurance with dental, vision, life, long-term disability and more, with optional dependent coverage.
• Flexible spending accounts for dependent care and medical expenses.
• Public employees' retirement plan tax-deferred contributions with a generous employer match.
• Optional 457(b) deferred compensation to further increase retirement savings.
• Higher education reimbursement and other training and development programs.
• Robust personal leave, paid holidays, and extended leave.

Learn more about working at MSF:
Are you interested in this opportunity? Apply today!

Skills Required