Group Senior Internal Auditor (Private Sector)

Role Purpose:

The role of the Senior Internal Auditor is to assist the Group Internal Audit Manager in executing all obligations, duties and tasks within the IA department, including but not limited to the audit rolling plan, individual audit assignments and periodic reporting as required by various Committees and Working Groups.

Key Responsibilities / Accountabilities:

• Participate in/ lead planning and scoping reviews with Senior Management as per the agreed Audit Plan;
• Lead and execute audits with Senior Management following a risk-based internal audit methodology;
• Assess the adequacy and effectiveness of governance, risk management and control processes, in relation to insurance specific reviews and ad hoc projects;
• Lead in the preparation of the audit testing program and assessment of the adequacy of the design and operation of the controls associated with the key risks identified;
• Preparation of draft internal audit reports and reporting audit findings to Senior Management both verbally and in written format;
• Participate in the management of the recommendation database and document agreed actions and ensure recommendations are implemented within the agreed timescales;
• Demonstrate core auditing skills including both oral and written communications;
• Maintain effective working relationships with all audit stakeholders;
• Contribute purposeful, constructive scrutiny and challenge through sound, independent judgement and common sense;
• Undertake Follow-Up reviews on agreed actions to provide assurance to the Audit and Risk Committee that management agreed actions are implemented;
• To undertake other reasonable responsibilities and projects as required by the Business Assurance Team; and
• Contribute to various reports for various Boards and Committees.

Key Skills and Knowledge:

Essential Skills

• At least three years Internal Audit experience Qualified or part qualified and actively studying towards a relevant qualification (ACA, ACCA, CMIIA, ACIS, CIA, PQIA);
• Education to degree level or equivalent;
• Experience of reviewing and analysing operational processes and controls;
• Ability to work to tight deadlines and use own initiative with a positive can-do attitude;
• Excellent interpersonal and communication skills, including good presentation and report writing skills;
• An analytical and problem solving mindset with an attention to detail; and
• Driver with ability to travel within the UK (approximately 25%).  

Desirable Skills

• Experience in the non-life insurance sector - either in broking, insurance or Lloyd's;
• Sound business acumen;
• Highly developed investigative skills;
• Developed ability to deal with all levels of staff; and
• Experience of working in a fast moving and entrepreneurial environment.

Personal Qualities:

• Strong influencing and negotiating skills;
• Able to apply a pragmatic proportional approach;
• Works well under pressure;
• Developed ability to operate under their own initiative;
• Attention to detail; and
• Act as an ambassador for the department in promoting the value of work undertaken whenever possible.