Senior Internal Auditor
My client is seeking an experienced Senior Internal Auditor with London Market Insurance experience to be part of their Global Internal Audit team and its expanding international operations.
As a Senior Internal Auditor, you will be a key member of the internal audit team, responsible for evaluating and enhancing risk management frameworks, internal controls, and governance processes across underwriting, claims, finance, and regulatory compliance. Your role will involve participating in the planning, coordination, and execution of comprehensive audit activities to ensure compliance with regulatory guidelines and industry best practices
Responsibilities: (not limited to)
- Participate in annual risk assessments and the development of a risk-based audit plan, offering insights based on experience and knowledge of the business.
- Evaluate the effectiveness of internal controls, governance frameworks, and risk management processes.
- Test and assess the effectiveness of internal controls over financial reporting and provide actionable recommendations where needed.
- Manage smaller audit projects independently, prioritising objectives and monitoring budgets under the guidance of the Senior Audit Manager.
- Present audit findings to management and recommend improvements to support business strategies.
Preferred qualifications:
- Proven experience in Internal Audit or Public Accounting post professional qualification, with experience in the London Market, Lloyd's Market or general insurance industry.
- Relevant professional certification such as Certified Internal Auditor (CIA), Chartered Accountant (CA or ACA), or Certified Public Accountant (CPA) is highly encouraged.
- Strong understanding of insurance risk, underwriting, claims, finance, and regulatory compliance.
- Knowledge of Solvency II, Lloyd's Principles, and other relevant regulations
Desired skills:
- Experience in data analytics for audit purposes.
- Exposure to technology and operational risk audits within an insurance environment.
- Understanding of emerging risks (e.g. AI in insurance, ESG, cyber).
Attractive Hybrid working patterns available