New Vacancy
Internal Audit Manager
Global and Lloyd's Insurance Company
London/Hybrid
A leading global and Lloyd's market Insurance company is currently recruiting for an Internal Audit Manager (Operational) to join their London operation
What you’ll be doing
- You’ll assess the adequacy and operating effectiveness of our processes and controls for identifying, analysing, and managing key risks.
- You’ll ensure that audits in the Annual Internal Audit Plan are delivered according to our Internal Audit Procedures.
- You’ll liaise with key stakeholders to plan and scope assigned audits. This involves an independent review of the Group Risk Register, prior internal audit reports, and other relevant resources to confirm your understanding of the business.
- You’ll produce planning documentation for all audits using templates in place and in agreed formats, including preparing a Risk and Control Matrix and supporting working papers to create a comprehensive audit file.
- You’ll conduct audit fieldwork, applying audit techniques such as interviews, meetings to evidence controls, detailed substantive work, or controls testing.
- You’ll record the results of all testing to a clear, concise, and “reperformable standard” in the Risk and Control Matrix.
- You’ll negotiate acceptance of findings and actions with Management and produce Internal Audit reports to a professional standard for distribution to Management, the Executive, Non-Executive Directors, External Auditors, and potentially external parties like the PRA, FCA, and Lloyd’s.
- You’ll liaise with Management for ongoing oversight and monitoring of agreed audit actions
- You’ll agree on the statement of work with the third-party co-source audit partner and the Group Head of Internal Audit and the Operational Head of Internal Audit before the audit work commences.
Experience/Skills
- Operational Internal Audit experience from within the Insurance market
- Strong stakeholder management exposure
- Strong IT and Analytical exposure
