Vacancies Tagged Insurance Audit



Role Description:

The successful candidates will be part of the Asset Management and Life Assurance Audit team with responsiblities for the management of a (closed book) Life Insurer. This role will give a high level of autonomy and will involve audit execution, day to day management of the audit work, liaison with key client staff and the management of the reporting process. You will report to an Audit Director.

You will also have the opportunity to advise on supporting significant Solvency II projects and helping to develop more junior staff. You will also have the opportunity to audit other areas of the group including Asset Management, Treasury and Reinsurance.
Responsibilities include:

  • Managing the Life Assurance Audits and assisting with other financial services audits
  • Development and coaching of junior members of staff
  • Completion of audits within agreed time-scales
  • Budgeting
  • Travel to UK offices in Birmingham, Hertfordshire, Milton Keynes and London for 20-30% of your time.

Experience/Qualifications:

  • Recently qualified ACAs or ACCA’s from an Audit or Transaction Advisory Services Group. Preference will be given to those with Client Secondment / Audit / Advisory or Internal Audit experience.
  • A minimum of 2 years PQE in a financial services (retail or wholesale) environment is essential – ie Life Assurance, General Insurance, Asset Management or Banking.
  • Impressive analytical capabilities
  • Highly motivated and committed
  • Positive and ambitious attitude
  • Up to date on current economic and market trends
  • Ability to develop strong client relationships
  • Highly proficient in written and oral communication
  • Able to work independently as well as part of a team

Strong Regulatory professional sought to give compliance and regulatory assurance to the Retail Banking Audit team.

You will be familiar with recent FSA / FCA RCOB rules for risk and controls. You will have experience from a compliance function or have audited the compliance function within a large Retail investment, insurance or banking group. You will have the opportunity to develop knowledge of Compliance risk as well as provide expertise to other internal audit areas whenever there is a requirement. As a Regulatory Auditor your main responsibilities will involve:

  • Leading audits to assess the management and control of regulatory risk;
  • Ensuring that all audits meet audit plan time-scales and comply with quality requirements;
  • Managing relationships with key stakeholders across the business,
  • Caching, motivating and developing other team members.

You will have regular dialogue with the Senior Managers in London to discuss improvements to the audit of regulatory risk exposure.

Senior role within the Life business of a leading FTSE 100 company to lead the development and implementation of the audit plan for Actuarial controls .

  • Qualified Life Actuary;
  • Awareness of General Insurance actuarial concepts;
  • Knowledge of Insurance Pricing, Reserving, Capital requirements (including Solvency 2), Planning, Forecasting and Financial Reporting;
  • Ability to communicate complex messages effectively to different audiences which will include the Insurance Finance Director and Chief Actuary as their key stakeholder.

Head of Audit role reporting to the COO, Risk Director and the Audit Committee.

This is a stand alone position where you will execute and review the internal audit plan for this growing London market insurer.

The group have Wholesale and Reinsurance lines of business: P&C, Marine & Energy, Casualty, Broker Reinsurance and Direct lines: Risk & Speciality Risk, Marine & Aviation and Professional Services. You must have previous experience of working within a senior role in one of the above business areas.

You must have a strong commercial outlook as well as having a strong audit or accounting background with the relevant ACA / ACCA/ IIA qualification.

This is a new role created as part of the group risk and controls strategy – an excellent time to join a growing business at a unique point of development… building a small audit team underneath this position is very much part of the mid term growth plan.

This role would suit a Senior Manager from a practice firm with very strong commercial experience, or a Senior Manger / Deputy Head of Audit in the Internal Audit function of an London Market or mid capital (re)Insurer looking for an upward career move.

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