Description
The UK's leading financial protection insurer in Critical Illness cover, Income Protection and Life Insurance is in the market place for a Senior Operational Auditor to join a flat hierarchical audit team. The vacancy has arisen as a result of internal movement and the candidate sought is a well versed Auditor from an Insurance background ideally or Retail / Corporate Banking. Big 4 candidates from an insurance background will be considered. Important characteristics sought in the candidate include demonstrable gravitas, an ability to think outside the box and a desire to advance career progression.The role;
The successful candidate will be tasked with providing independent assurance to management and the Audit Committee on the adequacy of the financial and operational control environment and to recommend improvements in its effectiveness. In addition, the successful candidate will play a role in the overall development and management of the Internal Audit team insofar as assisting with the embedding of a strong risk and controls culture within the Group.
Key Accountabilities:
- To assist the Head of Audit/ Senior Audit Manager in preparing the annual risk based Audit Plan for approval by the Audit Committee.
- To manage and participate where necessary in Sarbanes-Oxley (SOX) s404 testing to evaluate the effectiveness of the controls in operation in line with the annual SOX testing plan.
- Play a key role in the development, training and coaching of other members of the Internal Audit team in the skills required to perform successful audit assignments giving particular attention to the financial aspects.
- To contribute to the development of the internal audit methodology and working practices operated by the department.
Required Knowledge and Skills:
* Extensive financial services background
* Extensive knowledge Internal Audit
* Extensive knowledge of Risk Management Framework is desirable
* Extensive knowledge of insurance accounting techniques
* Leadership and Management skills, especially in developing and maintaining a
robust internal control environment
* Flexible to changing business needs and adaptable to accommodate varied situations.
* Strong written and verbal communication skills, including presentational skills, with the ability to work at all levels within the organisation
* Ability to work on own initiative
Minimum entry criteria:
* Educated to degree level or equivalent
* A qualified accountant or auditor, preferably big 4 trained or previous internal
audit background.
* Insurance/ financial services industry experience is desirable.
* Strong Internal Audit experience.
* Strong interpersonal skills, particularly written and oral communication skills
* Ability to work on own initiative
* IT literate with experience in Word, Excel and PowerPoint
Remuneration: c£50,000 - £65,000 + excellent benefits
To find out more about Real please visit www.realstaffing.com