Senior Internal Audit Manager (SMF5) - Insurance

Posted 02 July 2024
Salary Negotiable
LocationCity of London
Discipline Internal Audit
ReferenceRef 37518
Contact NameLee Kerr

Job description

Senior Internal Audit Manager (SMF5) - Insurance

Exciting opportunity for the right person to step into a fast growing (Re) insurer where you will be responsible for the ongoing establishment and development of the Internal Audit Department.

Huge growth potential in a high performance culture.

Responsibilities (But not limited to)

  • Operation of an effective internal audit function.
  • Managing all aspects of the Company's relationship with the Insurance Group sister company's Internal Audit function, including coordinating relevant departments preparation for sister company audits
  • Developing, maintaining and executing a proportionate risk-based audit plan.
  • Conducting ad hoc internal audit work and fraud investigations as requested by Senior Management or the Audit Committee.
  • Perform/co-ordinate all aspects of Internal Audit engagements including planning, fieldwork, testing, concluding findings and reporting to the Group COO.
  • Conduct closing meetings with auditee, communicating findings in an effective manner and agreeing on actions to address.
  • Manage co-source service provider to execute audits from the annual audit plan.

Ideally you will be able to demonstrate the following:

  • University degree in Accountancy, Business, Law or a related subject.
  • Professional accounting qualification (CA, CPA, ACCA or IIA) and preferably ACII certified.
  • Minimum of 5-7 years' post qualified experience in external and internal auditing in (re)insurance or a financial services environment.
  • Prior experience in performing internal audits in the Bermuda and London (re)insurance markets, including third party capital management vehicles.
  • A sound working knowledge of the International standards for the Professional Practice of Internal Auditing.
  • Strong interpersonal skills, capable of building strong, trusting relationships with business operations, while remaining independent and objective.
  • Strong written and oral communication skills, capable of articulating and presenting ideas in a coherent and persuasive manner.
  • Superior organisational, analytical and decision-making skills.
  • Ability to prioritise and handle a demanding workload with strict deadlines

Hybrid working policy - not available with this role - office based only.