The Audit Podcast

Ep 259: What It Really Takes to Modernize Internal Audit w/ Ronnie Welch


Listen Later

This week on The Audit Podcast, our guest is Ronnie Welch, Chief Audit Executive at Guardian Life. Ronnie has spent his career in insurance audit, with experience at MetLife, Blue Cross Blue Shield of New Jersey, and several Big Four firms.

In this episode, Ronnie talks about how he's modernizing internal audit and shares the practical steps his team has taken at Guardian Life. He explains his three-tier analytics system, which helps his 48-person audit team work more efficiently and make a bigger impact. Listeners will come away with clear, actionable ideas for strengthening their own audit teams—no matter the size.

We also highlight Ronnie's achievement of winning Guardian Life's CEO Award nearly ten years before stepping into his current role, showing the dedication and leadership that have defined his career.

Be sure to connect with Ronnie on LinkedIn.

Also, be sure to follow us on our social media accounts on LinkedIn, Instagram, and TikTok.

Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.

Timecodes:

1:06 – How Ronnie Uses LLMs

4:38 – Agent Outsourcing

10:04 – Innovating the Team's Knowledge of AI

15:17 – Who Is Internal Audit's Customer? Let's Serve Them

18:20 – Training for Soft Skills

20:45 – Getting the Entire Team to a Basic Analytics Level

27:12 – Tweaks Made to the Three-Tier System Along the Way

30:13 – Ronnie Wins the CEO Award

32:42 – IIA Vision 2035

33:53 – Final Thoughts

*

This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

...more
View all episodesView all episodes
Download on the App Store

The Audit PodcastBy Trent Russell

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

118 ratings


More shows like The Audit Podcast

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,218 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,215 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,638 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

341 Listeners

The Accounting Podcast by Blake Oliver & David Leary

The Accounting Podcast

334 Listeners

Cybersecurity Today by Jim Love

Cybersecurity Today

174 Listeners

CISO Series Podcast by David Spark, Mike Johnson, and Andy Ellis

CISO Series Podcast

189 Listeners

Financial Decoder by Charles Schwab

Financial Decoder

298 Listeners

Defense in Depth by David Spark, Steve Zalewski, Geoff Belknap

Defense in Depth

73 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,493 Listeners

Cyber Security Headlines by CISO Series

Cyber Security Headlines

137 Listeners

AUDIT 15 FUN by Jon Taber

AUDIT 15 FUN

16 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

586 Listeners

All Things Internal Audit by The Institute of Internal Auditors

All Things Internal Audit

14 Listeners

Internal Audit by Pat Delbridge

Internal Audit

0 Listeners