Snr Internal Auditor - Insurance

• Attend pre-audit discussions with the client;

• Assist the Manager with the planning and production of the audit plan/scope;

• Understand the objectives of each audit including the budget requirements;

• Ensure that the work undertaken is in accordance with the approved audit plan/scope, timetable and budget;

• Advise the Manager of any developments that may lead to a change in audit approach;

• Ensure compliance with the firm’s internal audit methodology and external requirements (such as the IA Standards and the Financial Services Code);

• Identify and understand key risks and controls based on experience, knowledge of best practice from regulators and from working with other clients;

• Identify and assess any control weaknesses/failings relevant to the scope of work;

• Recommend appropriate solutions to control weaknesses/failures and communicate and agree these with clients effectively;

• Work co-operatively with other members of the audit team including subject matter experts where necessary including actuarial, IT and tax;

• Be responsible for drafting the audit report ready for Manager/Partner review;

• Clear Manager/Partner review points and follow up any outstanding queries;

• Respond to all client queries and concerns in an efficient and professional manner, often dealing directly with senior management;

• Provide sound advice to clients and demonstrate knowledge of business issues; and

• Provide a detailed analysis of time charged on every assignment to facilitate billing and future planning.

• In addition, the audit senior will be expected to contribute to the continuing development of the governance, risk & control assurance team and:

• Attend marketing events that are hosted by the team;

• Participate in internal/external training to build relevant knowledge and expertise and sharing this with the wider team;

• Maintain awareness of relevant news and developments within the insurance sector;

• Identify any new business opportunities and refer to Manager/Partner for follow up.