Internal Audit Manager
Posted 1 week ago by 1753531968
£100,000 Per year
Undetermined
Hybrid
City of London
Summary: The Internal Audit Manager will oversee the audit process, ensuring the effectiveness of internal controls, risk management, and governance. This role involves conducting comprehensive audits, providing actionable insights, and collaborating with various departments to implement audit recommendations. The position is a 12-month fixed-term contract based in London, with a hybrid working arrangement. The successful candidate will possess relevant professional certifications and extensive experience in internal auditing within the non-life insurance sector.
Key Responsibilities:
- Contribute to the development and execution of the risk-based audit plan, ensuring alignment with organisational goals and regulatory requirements.
- Review documentation and engage with stakeholders to understand key risks, processes and controls in areas being audited.
- Prepare Audit Planning Documents and Terms of Reference for review by the Senior Audit Manager and/or Head of Internal Audit.
- Perform walkthroughs and develop Risk and Control Matrices for each audit.
- Execute audit testing, identifying weaknesses in internal controls and opportunities for improvement.
- Draft audit reports and present key findings and recommendations to management.
- Collaborate with various departments to ensure implementation of audit recommendations and monitor progress.
- Contribute to a culture of continuous improvement by improving audit processes and initiatives.
Key Skills:
- Professional certification such as ACA, CIA, or equivalent.
- Several years of hands-on experience in internal auditing within non-life insurance.
- Robust understanding of auditing standards, risk management, and internal control frameworks.
- Analytical approach to problem-solving and proactive information gathering.
- Ability to exercise initiative to progress audit assignments and maintain communication with the team.
- Forward-looking, pragmatic and flexible mindset; enjoys learning and open to new methods.
- Strong relationship-building skills within and outside the team.
- Excellent written communication skills with a commitment to high standards in reporting.
- High level of integrity and commitment to ethical standards.
Salary (Rate): £100,000 yearly
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Job Title: Internal Audit Manager
Duration: 12 month fixed term contract
Rate/Salary: £80,000-100,000 plus 20% bonus & 10% pension
Location: London/home based (3 days in central London office/2 days home working per week)
The Role:
As an Internal Audit Manager, you will oversee the end-to-end process for each audit and play a crucial role in ensuring the effectiveness of internal controls, risk management, and governance processes. You will work within a team of experienced auditors, conduct comprehensive audits across the business, and provide actionable insights to enhance the overall control environment.
* Contribute to the development and execution of the risk-based audit plan, ensuring alignment with organisational goals and regulatory requirements.
* Review documentation and engage with stakeholders to understand key risks, processes and controls in areas being audited.
* Prepare Audit Planning Documents and Terms of Reference for review by the Senior Audit Manager and/or Head of Internal Audit.
* Perform walkthroughs and develop Risk and Control Matrices for each audit.
* Execute audit testing, identifying weaknesses in internal controls and opportunities for improvement.
* Draft audit reports and present key findings and recommendations to management.
* Collaborate with various departments to ensure implementation of audit recommendations and monitor progress.
* Contribute to a culture of continuous improvement by improving audit processes and initiatives.
Experience Required:
* Must have a professional certification such as ACA, CIA, or equivalent.
* Must have several years of hands-on experience in internal auditing within non-life insurance.
* Robust understanding of auditing standards, risk management, and internal control frameworks.
* Analytical approach to problem-solving and willing to be hands-on in the process, proactively ensure you gather all relevant information.
* Ability to exercise initiative to progress audit assignments; maintains regular communication with the team regarding audit progress to ensure transparency and alignment.
* Forward-looking, pragmatic and flexible mindset; you enjoy learning and are open to new ways of doing things.
* Enjoy fostering productive working relationships within the team as well as outside of it.
* Excellent written ability; you take pride in delivering your reports to a high standard.
* High level of integrity and commitment to ethical standards.
If the above role is of interest and you fit the following criteria, please apply online for consideration. Please note that sponsorship cannot be offered for this role, and the successful candidate will have a notice period of 1 month or shorter.
