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Michael Page Finance
,
London, Greater London
Internal Audit Senior Insurance
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Job Type: Full-time |
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Salary: £45,000 per annum |
Overview
Work in a large accountancy firm in London, offering Internal Audit services to clients in the insurance sector, either on an outsourced, co-sourced or secondment basis. Client Details Our client is a large, independent firm of chartered accountants and business advisors. Within their Financial Services Division, they have a team that specialises in the delivery of Governance, Risk & Control Assurance services (such as internal audit) to clients in the insurance sector, either on an outsourced, co-sourced or secondment basis. The team is in the process of expanding its size, expertise and client portfolio. Description As an Internal Audit Senior you will: 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; Recommend appropriate solutions to control weaknesses/failures and communicate and agree these with clients effectively. Profile ACA/ACCA (or equivalent) qualified; Experience of delivering and leading risk-based internal audits (or similar work) either in a professional practice or in an in-house internal audit function; Experience in the insurance sector, including London/Lloyd's market, is ideal; Demonstrable knowledge and application of relevant regulatory requirements such as Solvency II, Lloyd's Minimum Standards, PRA/FCA requirements, CASS 5 rules; Proven communication skills Job Offer Excellent salary and benefits.