IT Auditor - Insurance

IT Auditor - Insurance

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead IT audits across Europe, ensuring compliance and efficiency in various departments.
  • Company: Join a leading International Insurance group with a strong reputation in the industry.
  • Benefits: Enjoy hybrid working options and a range of corporate perks.
  • Why this job: Make an impact in a dynamic environment while collaborating with US counterparts.
  • Qualifications: Degree in relevant fields; CISA preferred; 3+ years in IT internal audit.
  • Other info: Experience in insurance or financial services is a plus.

The predicted salary is between 43200 - 72000 £ per year.

Within this leading International Insurance group, you will be working closely with your US Audit counterparts and taking the lead on the UK / European IT audit portfolio.

You will be able to demonstrate competency across the following activities:

  • To plan, manage, execute and lead value added IT internal audits
  • Perform IT SOX / internal control framework testing, including walkthroughs and flowcharting on an annual basis across the in scope European branch network.
  • Perform IT controls and process testing across all departments and areas including but not limited to, underwriting, claims, reinsurance, finance, human resources, IT, risk management, Solvency II, governance, compliance and actuarial.

Example responsibilities will include:

  • To plan, manage, execute and lead value added IT internal audits across all European locations
  • Perform IT SOX / internal control framework testing, including walkthroughs and flowcharting on an annual basis across the in scope European branch network.
  • Perform IT controls and process testing across all departments and areas including but not limited to, underwriting, claims, reinsurance, finance, human resources, IT, risk management, Solvency II, governance, compliance and actuarial.

What you will need to be able to demonstrate:

  • Degree in Accounting, Management Information Systems, Computer Science, a related field, or the equivalent education.
  • Certified Information Systems (CISA) designation preferred but not essential.
  • A number of years of relevant and progressive professional experience with a minimum of three years of relevant IT internal audit experience.
  • Insurance or financial services experience preferred.
  • Hybrid working patterns available.

IT Auditor - Insurance employer: High Finance (UK) Limited T/A HFG

As a leading International Insurance group, we pride ourselves on fostering a dynamic work environment that encourages collaboration and innovation. Our employees benefit from hybrid working patterns, comprehensive professional development opportunities, and a culture that values diversity and inclusion, making it an ideal place for IT Auditors looking to make a meaningful impact in the insurance sector across Europe.
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Contact Detail:

High Finance (UK) Limited T/A HFG Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land IT Auditor - Insurance

✨Tip Number 1

Familiarise yourself with the specific IT audit frameworks and standards relevant to the insurance industry. Understanding frameworks like COBIT or ISO 27001 can give you an edge in discussions during interviews.

✨Tip Number 2

Network with professionals in the insurance and IT audit sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.

✨Tip Number 3

Prepare to discuss your experience with IT SOX compliance and internal control testing. Be ready to provide examples of how you've successfully managed audits and improved processes in previous roles.

✨Tip Number 4

Research StudySmarter's values and culture, as well as our approach to IT auditing. Tailoring your conversation to align with our mission can demonstrate your genuine interest in joining our team.

We think you need these skills to ace IT Auditor - Insurance

IT Audit Methodologies
SOX Compliance
Internal Control Frameworks
Risk Management
Process Testing
Flowcharting
Analytical Skills
Attention to Detail
Communication Skills
Project Management
Knowledge of Insurance Industry
Governance and Compliance
Problem-Solving Skills
Team Collaboration
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in IT auditing, particularly within the insurance or financial services sectors. Use keywords from the job description to demonstrate your fit for the role.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities and requirements mentioned in the job description. Explain how your background in IT internal audits and your understanding of SOX compliance make you a strong candidate.

Showcase Relevant Skills: In your application, emphasise your skills in planning, managing, and executing IT audits. Mention any experience with IT controls and process testing across various departments, as this is crucial for the role.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for an IT auditor.

How to prepare for a job interview at High Finance (UK) Limited T/A HFG

✨Know Your IT Audit Fundamentals

Make sure you brush up on your IT audit principles, especially those related to SOX compliance and internal control frameworks. Being able to discuss these concepts confidently will show that you're well-prepared for the role.

✨Familiarise Yourself with the Insurance Sector

Since this position is within the insurance industry, it’s crucial to understand the specific challenges and regulations that affect IT audits in this field. Research common practices and recent developments in insurance to impress your interviewers.

✨Prepare Examples of Past Experiences

Think of specific instances where you've successfully managed IT audits or implemented controls. Use the STAR method (Situation, Task, Action, Result) to structure your responses, making it easier for the interviewers to follow your thought process.

✨Ask Insightful Questions

Prepare thoughtful questions about the company's audit processes, team dynamics, and future projects. This not only shows your interest in the role but also helps you gauge if the company is the right fit for you.

IT Auditor - Insurance
High Finance (UK) Limited T/A HFG
Location: London
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