At a Glance
- Tasks: Lead audits for top UK insurance firms and build strong stakeholder 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 sector while growing your career.
- Qualifications: ACCA/ACA/ICAS qualified with experience in audit and team management.
- Other info: Dynamic environment with opportunities for continuous learning and collaboration.
The predicted salary is between 36000 - 60000 £ per year.
We are BDO, an accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world. We work with 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.
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 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.
The work we do is underpinned by quality. We deliver audits which are trusted and transparent, which can be relied upon by companies and their stakeholders. You will be someone who is comfortable working proactively, managing your own tasks, as well as confident collaborating with others and communicating regularly with Senior Managers, Directors, and BDO's Partners. You will help deliver accurate and transparent reporting to all relevant stakeholders as you provide long term value.
You will:
- 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, participate in office marketing events, and keep abreast of the wide range of services 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.
Requirements:
- 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 will be able to be yourself; we will recognise and value you for who you are and celebrate and reward your contributions to our business. We are 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 will help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.
Mutual support and respect is one of BDO's core values and we are proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we will 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 will 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 have invested in state-of-the-art collaboration spaces in our offices. BDO's people represent a wealth of knowledge and expertise, and we will 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 will never stop learning at BDO.
At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we are always finding new ways to invest in you. Across the UK, thousands of unique minds continue to come together to help the companies we work with to achieve their ambitions. We have a clear purpose, and we are confident in our future, because we are 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.
Financial Services Audit Manager - Insurance employer: BDO UK
Contact Detail:
BDO UK 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 culture. Understand their values and how they align with your own. Practice common interview questions, but also think about how you can showcase your unique skills and experiences that make you a perfect fit for the Financial Services Audit Manager role.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the position. Mention something specific from the interview to remind them of your conversation and reinforce your interest in joining the team at BDO.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the BDO family. So, get your application in and let’s make it happen!
We think you need these skills to ace Financial Services Audit Manager - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Financial Services Audit Manager role. Highlight your audit experience, especially in the insurance sector, and don’t forget to showcase your qualifications like ACCA/ACA/ICAS.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for the insurance industry and how your background makes you a perfect fit for BDO. Be sure to mention your proactive approach and ability to build strong relationships.
Showcase Your Soft Skills: BDO values collaboration and communication, so make sure to highlight your interpersonal skills. Talk about your experience managing teams and how you’ve successfully worked with senior stakeholders in the past.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at BDO UK
✨Know Your Numbers
As a Financial Services Audit Manager, you’ll need to demonstrate your expertise in financial reporting and auditing standards. Brush up on UK GAAP, IFRS, and any recent changes in regulations. Be ready to discuss how these impact the insurance sector specifically.
✨Showcase Your People Skills
This role involves managing teams and building relationships with senior stakeholders. Prepare examples of how you've successfully led teams or collaborated with others in previous roles. Highlight your ability to communicate effectively and manage client expectations.
✨Understand the Business Landscape
BDO works with ambitious, high-growth businesses. Research the current trends in the insurance industry and be prepared to discuss how these might affect audit practices. Showing that you understand the broader economic context will impress your interviewers.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and decision-making abilities. Think of scenarios where you had to identify business opportunities or manage tight deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.