Internal Audit Manager

City of London
£75000.00 - £85000.00 per annum
13 Nov 2020
13 Dec 2020
Lee Kerr
Job Function
Contract Type

Internal Audit Manager

My client a leading global speciality (Re) Insurer is seeking an experienced manager level Internal auditor for a long-term contract covering the following (but not limited to) activities:

  • 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 full 360 full audit fieldwork, both independently and as a team leader.

Ideally you will be able to demonstrate experience of the following:

  • ACA or equivalent professional qualification; Degree or equivalent; ACII or equivalent insurance qualification
  • 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 high level of understanding of the controls expected to be in place in a general insurance group to manage risk.
  • Familiarity with operational Risk Management techniques, including the concepts of risk appetite, risk register, risk scoring and prioritisation, control risk self-assessment and risk committees.
  • Experience working within professional audit; or a strong operational insurance background e.g. experience within a relevant professional services organisation
  • A good working knowledge and awareness of financial accounting and reporting standards (IFRS) and Sarbanes-Oxley requirements. Some knowledge of Solvency II.
  • Assertive and competent in taking ownership of audit fieldwork, independently managing own time to deliver within agreed timescales.

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