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Internal Auditor - Insurance Sector

Posted 7 March by Massenhove Recruitment Easy Apply Ended

Internal Auditor

Job Market: Insurance

Internal Auditor: About the role:

To support the Internal Audit function, which aims to help the Board and Executive Management to protect the assets, reputation and sustainability of the organisation.

Responsibility for assisting the audit team through all aspects of assigned audits (i.e. planning, execution and reporting), including completing them in accordance with Internal Audit Standards and guidance, and the use of Internal Audit technology tools.

Core Duties for the Internal Auditor will include:

To deliver, either solo or in a team, high quality, commercially focused audits and advisory reviews that fulfil the audit objectives

To assist with planning of audits inclusive of discussion with management in respect of the scope and timing as well as drafting the initial audit program (i.e. controls to be tested)

To design and execute audit test-work using a range of techniques such as inspection, re-performance and walkthrough

Evaluate the effectiveness of controls examined and document the results and evaluations clearly

Draft appropriate recommendations for rectifying control weaknesses which address the root causes of the problems

Draft clearly thought through and well assessed findings, presentations or reports for communication with management

To assist in producing information and analysis for presentation to the Audit Committee

To assist in the maintenance of a central Internal Audit Action Log (utilising audit software), including discussion and agreement with management regarding content, wording and classification of items, agreement of actions required and follow-up of action points to completion

To attend suitable London Market or industry events, bodies or groups

Internal Auditor - Key Skills & Attributes:

Minimum of 3 year’s business experience

General insurance/Lloyd’s experience

Strong computer skills - Good knowledge of Excel and Word

University Degree or equivalent

Working towards or have aspiration to take ACII, CII, ACCA, CPA or similar qualifications

You may have experience in the following roles:

External or Internal audit

Insurance business functions

Risk/Internal controls


Company Benefits include:

Life Assurance - This is 4 times annual salary.

BUPA - Can opt for Single, Married, Family cover.

Sports Club - £255 is given employees to put towards either one of the sports clubs that we have corporate membership with, or with a local club of choice.

Season Ticket Loan - After Probation, employees become eligible for a season ticket loan. Season tickets that are being transferred from another company will be accepted prior to the probation ending.

PHI - We have Private Health Insurance for employees who are proved to be medically unfit for work.

Bonus - Is discretionary and is based on the profits of the company in addition to the individual’s performance during the year. Payments are currently made in April.

Reference: 34626377

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