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Internal Audit Associate Jobs in Chicago, IL (NOW HIRING)

EQUITRUST

Internal Audit Associate

Chicago, IL · On-site

$36.30 - $49.91/hr

Internal Audit Associate Location: Chicago, IL (Mostly Off-Site) Employment Type: Full-time Hourly Range: $36.30-$49.91 About Us: EquiTrust Life Insurance Company is a national carrier of competitive ...

Lauterbach & Amen, LLP

Audit Associate

Naperville, IL · On-site

$60K - $70K/yr

We are searching for a full-time Audit Associate to join our Audit department. This role will be ... Assists in evaluating internal controls and identifying potential risks or compliance issues.

Pwc

Internal Audit/SOX- Experienced Associate

Chicago, IL · On-site

$63K - $140K/yr

Industry/Sector Not Applicable Specialism Business Controls Management Level Associate & Summary The Opportunity As an Internal Audit/SOX- Experienced Associate, you will engage in providing ...

Acrisure

Senior Director, Internal Audit

Chicago, IL · On-site

$200K - $295K/yr

... aligning Internal Audit engagements at the intersection of risk, opportunities, strategic ... associates, and specialists. You will drive audit quality through expert judgment and decision ...

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Internal Audit Associate information

See Chicago, IL salary details

$25.8K

$73.9K

$111.3K

How much do internal audit associate jobs pay per year?

As of Aug 11, 2026, the average yearly pay for internal audit associate in Chicago, IL is $73,939.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,200.00 and $84,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an internal audit associate?

To thrive as an Internal Audit Associate, you need a solid understanding of accounting principles, risk assessment, and internal controls, typically supported by a degree in accounting, finance, or a related field. Familiarity with audit management software, data analytics tools, and professional certifications such as CIA or CPA is often expected. Strong analytical thinking, attention to detail, and effective communication skills help you collaborate with teams and present findings clearly. These competencies are crucial for identifying risks, ensuring compliance, and adding value to organizational processes.

What is the difference between Internal Audit Associate vs External Auditor?

AspectInternal Audit AssociateExternal Auditor
CertificationsCPA, CIA often preferredCPA required, CIA beneficial
Work EnvironmentWithin the organization, ongoing auditsClient sites, external firms, periodic audits
Employer & Industry UsageUsed mainly in corporations and large organizationsUsed by accounting firms and consulting agencies
Primary FocusAssess internal controls, compliance, risk managementVerify financial statements, compliance with regulations

Internal Audit Associates focus on evaluating internal controls and risk within their organization, working continuously to improve processes. External Auditors conduct independent reviews of financial statements for external stakeholders, often working with multiple clients. While both roles require similar certifications and work in related environments, their primary objectives and employer settings differ significantly.

What are some typical challenges internal audit associates face when working with cross-functional teams?

Internal Audit Associates often collaborate with departments like finance, operations, and IT to evaluate processes and controls. A common challenge is navigating varying levels of understanding regarding audit objectives and compliance requirements among different teams. Building rapport and communicating clearly are essential skills, as Associates must often explain audit findings and recommendations in a way that is accessible and actionable. Additionally, balancing independence with teamwork is important to maintain objectivity while fostering cooperation.

What is an internal audit associate?

Internal Audit Associates are professionals responsible for evaluating and improving the effectiveness of an organization's internal controls, risk management, and governance processes. They assist in conducting audits of financial and operational processes to ensure compliance with laws, regulations, and internal policies. Internal Audit Associates work closely with various departments to identify areas of improvement and help mitigate potential risks. This role often serves as an entry point for a career in auditing or risk management within a company.

Is internal audit a stressful job?

Internal audit associates often face deadlines, detailed work, and the need for accuracy, which can contribute to work-related stress. However, the job also offers structured environments, clear procedures, and opportunities for professional development, which can help manage stress levels.
What are the most commonly searched types of Internal Audit jobs in Chicago, IL? The most popular types of Internal Audit jobs in Chicago, IL are:
What are popular job titles related to Internal Audit Associate jobs in Chicago, IL? For Internal Audit Associate jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Internal Audit Associate jobs in Chicago, IL look for? The top searched job categories for Internal Audit Associate jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Internal Audit Associate jobs? Cities near Chicago, IL with the most Internal Audit Associate job openings:
Internal Audit Associate jobs near you
Infographic showing various Internal Audit Associate job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $73,939 per year, or $35.5 per hour.

Internal Audit Associate

EQUITRUST

Chicago, IL • On-site

$36.30 - $49.91/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 26 days ago

Job description

Posting Title: Internal Audit Associate
Location: Chicago, IL (Mostly Off-Site)
Employment Type: Full-time
Hourly Range: $36.30-$49.91
About Us:
EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.
How You'll Contribute:
As an Internal Audit Associate, you will support the Internal Audit team in evaluating and improving the effectiveness of internal controls, risk management processes, and operational practices across the organization. Working closely with audit team members and business partners, you will assist with audit testing, documentation, and process reviews that help mitigate financial, operational, compliance, and fraud-related risks.
This role is ideal for someone who is curious, detail-oriented, eager to learn, and interested in developing a career in internal audit, risk management, or financial services.
What You'll Do:
  • Assist with audit walkthroughs, control testing, and substantive testing to evaluate the effectiveness of internal controls.
  • Document audit procedures, findings, and supporting evidence through workpapers, flowcharts, and related audit documentation.
  • Develop an understanding of business processes, risks, and controls while learning internal audit methodologies and best practices.
  • Support audit requests related to regulatory examinations and external audits.
  • Communicate project status and audit-related updates to audit team members and stakeholders.
  • Collaborate with colleagues across departments to gather information and support audit activities.
  • Contribute to a positive, inclusive, and team-oriented work environment.
  • Participate in continuous learning opportunities to enhance audit, risk, and business knowledge.
  • Support additional projects and departmental initiatives as needed

What You'll Bring:
Education:
  • Bachelor's degree required.
  • Degree in Accounting, Finance, Economics, Business, or a related field preferred

Experience:
  • Prior internship or relevant experience in auditing, accounting, finance, risk management, or a related area is preferred.
  • Recent graduates with relevant coursework, internships, or demonstrated interest in internal audit are encouraged to apply

Knowledge, Skills, and Abilities:
  • Strong written and verbal communication skills.
  • Analytical mindset with problem-solving and critical-thinking abilities.
  • Strong attention to detail and process orientation.
  • Ability to organize, prioritize, and manage multiple tasks effectively.
  • Proficiency with Microsoft Office applications, particularly Excel; familiarity with Visio is a plus.
  • Basic understanding of internal audit principles, accounting concepts, or risk management practices.
  • Ability to build positive working relationships and collaborate across teams.
  • Growth mindset with a willingness to learn, seek feedback, and continuously develop professionally.
  • Professional certifications such as CPA or CIA, or progress toward obtaining them, are a plus but not required

Physical Requirements:
  • Primarily sedentary office work requiring extended periods of sitting and computer use.
  • Frequent use of hands for keyboarding and other computer-related tasks.
  • Ability to communicate effectively in person and virtually.
  • Occasionally move and/or lift items up to 20 pounds.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role

Where You'll Work:
  • Location: Chicago, Illinois
  • Work Arrangements: Mostly Off-Site
  • Travel Requirements: Less than 5%

Compensation and Pay Philosophy:The hourly range for this role is $36.30-$49.91. This reflects the expected compensation for the position at the time of posting. The final offer will be based on factors such as the candidate's experience, qualifications, geographic location, and internal equity, and may be higher or lower than the posted range. The pay range is subject to change in the future in accordance with applicable laws. EquiTrust is committed to fair and competitive compensation that considers individual and organizational needs.
Total Rewards: In addition to base pay, EquiTrust may, within its sole discretion and depending on the relevant circumstances, criteria, and considerations at the time, grant eligible employees annual discretionary incentive bonuses. Eligible employees also have access to a competitive benefits package including:
  • Medical, Dental & Vision coverage
  • 401(k) with Company Match
  • Paid time off: Vacation, Sick, Holiday, and more
  • Paid Parental Leave for both Mothers and Fathers
  • Hybrid/Remote Work Options
  • Early Friday Closure

EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit EquiTrust Careers.
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