Description
- Supporting the Centre of Excellence Director in the development and delivery of the SII Audit Plan to provide business assurance in line with audit standards and regulatory requirements.
- Working with the SII Steering Committee and GIA CoE Director to produce a SII Audit Needs Assessment and Annual Audit Plan that matches the known and emerging risks.
- Implementing tracking and escalation mechanisms to ensure that the actions relating to SII arising from Internal and External Audits are carried out and achieve the intended results.
- Provide SII input into Monthly and Quarterly GIA reporting and where required input into any independent reports to the Regulators.
- Working with Audit colleagues including the GIA IT Centre of Excellence, to ensure that adequately skilled resources are available for SII audits. This will include liaising with co-sourcing providers to ensure an effective mix of skills for SII audits.
- Work in partnership with other assurance functions (including Operational Risk, Regulatory Risk, FCF) to ensure a co-ordinated approach to SII assurance.
- Managing and developing all key internal and external stakeholders as appropriate to encourage open discussion on Solvency II issues.
- Input into the identification, assessment, development and promotion of any additional changes to Audit Methodology to ensure an effective GIA operating in a SII environment.
- Leading teams of Internal Auditors in the delivery of high quality SII audits in line with the SII Assurance Framework.
- Maintain strong industry links and awareness, and sharing of information within GIA relating to SII assurance.