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Internal Audit Intern - Summer 2026

Andover Overview 

Founded in 1828, The Andover Companies is an A (Excellent) rated property and casualty insurance organization writing approximately $600M+ in premium, with $2B in surplus and $3B+ in assets. We operate in eight, mostly northeast states, and are a top writer of Homeowners insurance in the Commonwealth of Massachusetts. Our office is located 23 miles north of Boston in Andover, Massachusetts, where we employ over 250 employees.

Internal Audit Overview

The Internal Audit Department at Andover is a newer department, responsible for helping the organization manage risk and improve business performance. Internal Audit currently consists of one Internal Audit Manager who oversees the Model Audit Rule program (insurance internal controls requirement) and assists in the facilitation of numerous other audits as required annually. 

Position Summary, Duties & Responsibilities

The Internal Audit Intern will support the Internal Audit team in performing functions that strengthen key business processes and practices.  The IA Intern will contribute to a broad set of assignments across the department including control testing, best practices, and assist in operational audits. 
 

  • Attend internal and external meetings to learn about the various dependencies/relationships the IA Team maintains and why they are important.
  • Develop an understanding of processes / control objectives, risks and associated businesses areas under review
  • Create or update process narrative, flow-charts, and control documents to reflect processes in place.
  • Document process review procedures and findings for key business cycles.
  • Participate in the testing of MAR controls, which may include:
  • Perform walkthroughs to understand the control objectives, risks and controls associated to the area under review
  • Create or update process narratives and/or risk control matrix to reflect processes in place
  • Assist with compiling, analyzing, and documenting audit evidence obtained.
  • Test completeness, accuracy, and validity of controls, including sending and tracking document request lists
  • Employ professional judgment in evaluating evidence, and conclude on adequacy for compliance with auditing standards
  • Use problem solving and critical thinking skills to identify internal control deficiencies and consider their associated risk and impact on the business
  • Prepare status updates throughout audit fieldwork.
  • Help assess risk impact and root cause of process gaps or findings identified.
  • Summarize and communicate audit results. 
     

Preferred Qualifications

  • Degree / Majoring in Accounting, Finance, or other related programs
  • Experience and ability to manage projects and document procedures.
  • Excellent communication (verbal, written), presentation skills.
  • Knowledge of Microsoft Office Suite applications.