Audit Executive

Recruiter
Lockton
Location
London, Greater London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
25 Oct 2021
Closes
23 Nov 2021
Ref
2025
Job role
Audit
Sector
Accounting - Public practice
Experience level
Part qualified
Job details

General information

Reference
001064

Vacancy location
Location

UK, South East, London
Vacancy details
Description

Since its foundation in 1966 Lockton has grown to become the world's largest privately owned insurance broker with revenues in excess of $1.7bn. Today with more than 7,500 Associates in over 90 offices worldwide, Lockton is a dynamic and innovative organisation that embraces its uncommonly independent status.

We are now seeking individuals who will thrive in this type of atmosphere and in line with the firm's strategy and continued growth, the Audit and Control team are developing and enhancing its capabilities and we are now looking to recruit an Audit Executive to join our dynamic and expanding team.

The overall role will be to Assist the Head of Internal Audit to plan and conduct internal audit activity for Lockton International operations.

Role Responsibilities:

  • Assist in developing and implement an annual risk based internal audit plan, taking into account the assurance requirements of key stakeholders.
  • Assist in promoting the internal audit offering to key stakeholders and respond to assurance requests.
  • Reviewing the adequacy and effectiveness of the policies and processes in place to identify and manage key risks in the organisation.
  • Reviewing the systems established to ensure compliance with those policies, plans procedures, laws and regulations that could have a significant impact on operations and reports, and determining whether or not the organisation is in compliance.
  • Assessing the effective conduct of its operations with regards to the economic and efficient management of the organisation's financial, human and other resources.
  • Reviewing operational programmes to ascertain whether or not the operations are being carried out in line with established objectives and goals.
  • Reviewing the reliability and integrity of financial and operating information, and the means used to identify measure, classify and report such information.
  • Reviewing the means of safeguarding assets and, where appropriate, verifying the existence of such assets.
  • Monitoring all corrective action plans and managing support and resources to ensure that management implement them promptly and effectively.
  • Identify opportunities for continuous process improvements and adoption of industry best practices in terms of process execution, internal controls, governance, ethics and compliance.
  • Ensure the quality of internal audit work is in accordance with the Internal Audit Terms of Reference and IIA standards.
  • Maintain knowledge of general internal audit, insurance and regulatory issues.
  • Assist the Head of Internal Audit in producing papers for Board Committees and working groups as requested e.g. Audit, Risk & Control, IT Security, Data Security, Financial Crime and Regulatory Breaches.


Candidate Profile

Qualifications and / or Experience
  • University Degree in Business / Finance (preferable).
  • Part qualified (or newly qualified) ACCA/ ACA with some professional internal or external audit experience or a Legal/ Compliance/ Risk Management/ Insurance Broking professional.
  • Basic understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures.
  • Basic knowledge of assurance and audit procedures, including risk driven audit planning techniques and methods used to examine, verify and analyse business and financial operations, information, records, statements and reports, and the requirements of the "Standards for the Professional Practice of Internal Auditing".
  • Basic knowledge of the principles, procedures and techniques of accounting, and of financial records and transactions.
  • Ability to gain the confidence and respect of management and staff through attributes such as professionalism and positive attitude.
  • Knowledge of additional language a plus (Spanish, Portuguese or Mandarin)


Group Competencies

  • A working knowledge of Microsoft products (Word, Excel, Outlook) or similar software applications.
  • Analytical and problem-solving skills, including research and investigation.
  • Ability to communicate effectively and professionally both verbally and in writing with client facing and shared services Associates, clients, insurers, external auditors and other associates.
  • Basic presentation skills in both preparation and execution.
  • Professional and tactful negotiation and persuasion skills to achieve objectives.
  • Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
  • Willingness and ability to continue to develop knowledge of products and related issues through formal and informal learning, both internal and external to the company.
  • Protects the confidentiality of information learned by performing position duties.


In return Lockton remain committed to recognising and sustainably rewarding Associates empowering you to put your clients and their business first.

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.

Similar jobs

Similar jobs