illumifin

Audit Support Specialist

illumifin  •  $66k - $90k/yr  •  Minnesota (Remote)  •  8 hours ago
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Job Description

The nation's leading administrator of insurance services is looking for YOU. This is your opportunity to join a company with a culture that promotes respect for people, integrity, learning and initiative.

WE ARE THE KIND OF EMPLOYER YOU DESERVE.

illumifin is a leading provider of business process outsourcing for the insurance industry, managing policies for the nation's largest insurers. We also provide clients with unique risk management insight built upon our proprietary databases.

The Audit Support Specialist is responsible for coordinating and supporting client, regulatory, market conduct, vendor, and internal audits within an insurance Third-Party Administrator (TPA) environment. This role serves as a central point of contact for audit activities, ensuring audit requests, documentation, communications, and deliverables are managed accurately and on time.

The Audit Support Specialist partners with internal stakeholders, clients, auditors, and vendors to facilitate successful audit outcomes, track remediation efforts, support compliance initiatives, manage user access requests, and assist with operational activities including month-end billing validation.

Audit Coordination & Support

  • Coordinate audit activities, including client, regulatory, market conduct, internal, and vendor audits.
  • Gather, organize, and validate documentation required for audit requests.
  • Maintain audit logs, tracking tools, calendars, and evidence repositories.
  • Coordinate meetings, interviews, walkthroughs, and auditor access.
  • Monitor audit deadlines and communicate status updates to stakeholders.
  • Serve as a liaison between auditors, clients, vendors, and internal business teams.

Audit Findings & Compliance

  • Track audit findings, recommendations, and corrective action plans.
  • Partner with business teams to resolve issues and support remediation efforts.
  • Assist with audit readiness, compliance activities, and procedural communications.
  • Support training and awareness regarding audit and documentation requirements.

Vendor & Access Administration

  • Coordinate documentation and communications related to vendor audits.
  • Manage system access requests for new hires and auditors.
  • Maintain records related to access approvals and changes.
  • Ensure access processes align with company policies and audit requirements.

Reporting & Operational Support

  • Prepare audit metrics, status reports, and management summaries.
  • Maintain organized and secure audit documentation.
  • Support invoice validation and month-end billing activities by reviewing billing data, identifying discrepancies, and coordinating corrections.

Qualifications

  • Bachelor's degree or equivalent combination of education and experience.
  • 3+ years of experience in audit, compliance, insurance operations, quality assurance, or a related field.
  • Strong organizational, analytical, and problem-solving skills.
  • Excellent written and verbal communication skills.
  • Experience managing multiple priorities and deadlines.
  • Proficiency with Microsoft Office applications, including Excel, Word, Outlook, and Teams.

Preferred

  • Experience in an insurance carrier, TPA, healthcare administration, or other regulated environment.
  • Knowledge of regulatory audits, market conduct exams, or compliance programs.
  • Experience supporting audit coordination, documentation management, or operational controls.
  • Professional certifications such as AINS, CPCU, CIA, or CISA.

The base salary range for this position is from $66,000-$90,000 depending on experience and qualifications

illumifin

About illumifin

illumifin is a true partner to the insurance industry, delivering tech-enabled business processing services and essential software solutions to help transform insurers for tomorrow’s digital future.

BUSINESS PROCESSING SERVICES

As one of the largest North American, 3rd-party administrators with proven experience, we leverage our proprietary software platform to rapidly launch new products, transforming your operations into a cost-efficient, customer focused digital enterprise.

We’re experts in the processing of open and closed books of insurance policies, supporting new business and underwriting, policy owner services, claims assessments and administration, for life, health, long-term care and annuity products across individual and group markets.

SOFTWARE SOLUTIONS

We offer the North American individual and group life, annuity and health markets a leading software platform which has a simplified and streamlined UX, rich functionality with enhanced configurability, cloud enabled architecture and API connectivity.

Our customers can efficiently administer policies through three integrated products: the Insurance Portal, which enables self-service for customers and producers, the Core Comprehensive Group & Individual Policy Administration System, and the Data Analytics and Reporting Platform, which unlocks the power of data.

Leveraging our extensive background in Long-Term Care we provide a platform to validate and settle long-term care claims driving down administration costs and reducing fraud.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Woodbury, Minnesota
Year Founded
Unknown
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