Senior Internal Auditor - Insurance

Posted 20 July 2023
Salary £65000.00 - £75000 per annum
LocationCity of London
Discipline Internal Audit
ReferenceJ235076122
Contact NameLee Kerr

Job description

Senior Internal Auditor - Insurance

Great opportunity to join a leading insurance business in a well-regarded Internal Audit function.

Very collaborative culture, hybrid working policy available

Responsibilities: (not limited to)

  • To assess the adequacy and operating effectiveness of the processes and controls in place for identifying, analysing and ensuring key risks are managed
  • To ensure that audits in the Internal Audit Plan are delivered in accordance with the Internal Audit Procedures i.e. validating through independent review/audit of relevant documentation of the control framework including Policies, Protocols, Processes, Procedures, Underwriting Guidelines etc. and completing ad hoc assignments as required.
  • To assist with the planning of internal audit work, including drafting of scope documentation, arranging initial meetings with management, developing testing procedures, and agreeing audit timetables.
  • To conduct audit fieldwork in line with company Internal Audit Procedures, which will include application of audit techniques such as interviews; meetings to evidence controls cited in the interviews or otherwise; detailed substantive work or controls testing to validate the robustness of those controls

You will be able to demonstrate

  • ACA or equivalent professional qualification;
  • Degree or equivalent; ACII or equivalent insurance qualification; or be willing to work towards.

Ideally:

  • A good knowledge of the general insurance industry (with particular focus on underwriting and claims processes) within the Lloyd's and General UK insurance market.
  • A good understanding and appreciation of the risks inherent in a general insurance group, a Lloyd's Managing Agent and Lloyd's Syndicates