Financial Services Audit Manager - Insurance
Financial Services Audit Manager - Insurance

Financial Services Audit Manager - Insurance

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead audit projects in the insurance sector and build strong client relationships.
  • Company: Join BDO, a leading accountancy and business advisory firm.
  • Benefits: Agile working, career development programmes, and a supportive culture.
  • Why this job: Make a real impact in the insurance industry while growing your career.
  • Qualifications: ACCA/ACA/ICAS qualified with experience in managing teams and auditing.
  • Other info: Dynamic environment with opportunities for continuous learning and collaboration.

The predicted salary is between 36000 - 60000 ÂŁ per year.

We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world. We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy – and directly advise the owners and management teams leading them. Our Insurance Industry team is recruiting for ambitious and inquisitive Managers with a specialism in the insurance industry or an interest in specialising in this sector.

We’ll broaden your horizons. As a firm our focus on delivering quality audit work for the benefit of the public interest is our key priority. Our Audit teams are essential, not just to BDO, but to the whole economy. With specialist knowledge of sectors, markets and geographies; our auditors have the business understanding necessary to deliver the high quality and robust audits that companies and their stakeholders can trust. Our Insurance team is made up of specialists with a passion for their sector. Working with many of the UK’s leading insurance Groups we will expand your knowledge, building on your strong foundations in audit.

Responsibilities

  • Act as a major point of contact within the firm for the audited entity, together with the Partner.
  • Build and maintain strong relationships with stakeholders at senior levels, to develop a strong commercial understanding of the audited entity.
  • Identify and recognise business and sales opportunities and inform the Partner as appropriate.
  • Act as an ambassador of the firm, participates in office marketing events, keeps abreast of the wide range of service the firm offers.
  • Recruit, retain, develop and motivate our employees, which includes participating in graduate recruitment, ensuring job appraisal documentation is completed within deadlines and ensuring appropriate objectives and development plans are in place for counselees.
  • Complete assignments within agreed budgets and timescales and identify opportunities for additional billings.

Qualifications

  • ACCA/ACA/ICAS qualified or overseas equivalent.
  • Previous experience of managing people.
  • Good working knowledge of UK and International GAAS, IFRS, UK GAAP and Financial Reporting requirements.
  • Working knowledge of financial products, firm services, issues regarding advice and regulation and compliance, including anti-money laundering.
  • Experience of systems/controls testing as well as substantive auditing, including consolidations, group audits, statutory accounts and disclosures.
  • Project Management experience.

You’ll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to our business. We’re committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task at hand. At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

We’re in it together. Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.

We know that collaboration is the key to creating value and satisfying experiences at work, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.

Future and application

We’re looking forward to the future. At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions. We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.

For further information, and to apply, please visit our website via the “Apply” button below.

Financial Services Audit Manager - Insurance employer: ACCA Careers

At BDO, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that values individuality and collaboration. Our commitment to employee growth is evident through tailored career development programmes and agile working options, ensuring you can thrive both personally and professionally. With state-of-the-art facilities and a focus on mutual support, you'll be empowered to make meaningful contributions while working alongside some of the brightest minds in the industry.
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Contact Detail:

ACCA Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Services Audit Manager - Insurance

✨Tip Number 1

Network like a pro! Get out there and connect with people in the financial services and insurance sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching BDO and its values. Understand their approach to audit work and how they support entrepreneurial businesses. Tailor your responses to show how your experience aligns with their mission and how you can contribute to their team.

✨Tip Number 3

Practice your pitch! Be ready to explain your background, skills, and what makes you a great fit for the Financial Services Audit Manager role. Keep it concise and engaging – think of it as your personal brand statement that highlights your passion for the insurance sector.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining BDO and are keen to be part of our dynamic team. Let’s get you started on this exciting journey!

We think you need these skills to ace Financial Services Audit Manager - Insurance

ACCA/ACA/ICAS qualification or overseas equivalent
Experience in managing people
Knowledge of UK and International GAAS
Knowledge of IFRS
Knowledge of UK GAAP
Financial Reporting requirements
Understanding of financial products
Knowledge of compliance and regulation, including anti-money laundering
Experience in systems/controls testing
Experience in substantive auditing
Experience with consolidations and group audits
Project Management experience
Strong relationship-building skills
Commercial awareness
Ability to identify business opportunities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Financial Services Audit Manager role. Highlight your qualifications, especially your ACCA/ACA/ICAS status, and any specific experience in the insurance sector.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your background makes you a perfect fit for BDO. Don’t forget to mention your project management experience and people management skills.

Showcase Your Soft Skills: BDO values collaboration and mutual support, so be sure to highlight your interpersonal skills. Talk about how you've built strong relationships in previous roles and how you can contribute to the team culture at BDO.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at ACCA Careers

✨Know Your Numbers

As a Financial Services Audit Manager, you’ll need to be on top of your game with financial regulations and reporting standards. Brush up on UK GAAP, IFRS, and any recent changes in financial legislation. Being able to discuss these confidently will show that you’re not just qualified but also genuinely interested in the field.

✨Build Relationships

Since this role involves acting as a major point of contact for clients, practice how you would build rapport with stakeholders. Think about examples from your past where you’ve successfully managed client relationships or resolved conflicts. This will demonstrate your interpersonal skills and ability to maintain strong connections.

✨Showcase Your Leadership Skills

With responsibilities around managing people, it’s crucial to highlight your leadership experience. Prepare specific examples of how you’ve motivated teams or handled difficult situations. This will help convey your capability to recruit, retain, and develop talent within the firm.

✨Prepare Questions

Interviews are a two-way street, so come armed with insightful questions about BDO’s approach to audits in the insurance sector. Ask about their recent projects or how they support professional development. This shows your enthusiasm for the role and helps you gauge if the company is the right fit for you.

Financial Services Audit Manager - Insurance
ACCA Careers
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  • Financial Services Audit Manager - Insurance

    Full-Time
    36000 - 60000 ÂŁ / year (est.)
  • A

    ACCA Careers

    50-100
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