At a Glance
- Tasks: Lead internal audits and ensure compliance within the Finance function.
- Company: Dynamic insurance company focused on growth and development.
- Benefits: Competitive salary, pension, life assurance, and 25 days holiday.
- Other info: Opportunities for professional development and travel to various locations.
- Why this job: Join a growing team and drive impactful changes in the insurance industry.
- Qualifications: Experience in internal audit and a qualified accountant (ACA/ACCA or equivalent).
The predicted salary is between 60000 - 75000 £ per year.
As part of our ongoing journey of growth and building on our approach as a Forever company, we’re looking to appoint an Internal Audit Manager to look after our Finance function. You’ll be working with some fantastic Teammates at all levels to make sure we’re ticking all the right boxes and our teams are working as compliantly and efficiently as possible. This is a role that will have some significant potential for development as we continue our ongoing growth across the Insurance market both within the United Kingdom and Europe. We’re looking for a Teammate to join us with prior experience of the Insurance Broking / MGA / Insurer world or proven experience within practice of assisting Insurance businesses.
On a day to day basis:
- Participate in the day to day operations of the Financial Operations Audit Team including various sections of the audit programs for Integrated, Financial, Cash and Financial Team Leader reviews.
- Budget Monitoring, and Bi-Weekly Review of Each Region’s Expenses.
- Participate in Annual Risk Assessment Meeting, all Financial Operations Meetings (including meetings with US Financial Operations Audit Teammates), and other Company meetings as necessary.
- Work closely with relevant stakeholders across the entire business including Tech Solutions, Retail, Risk & Compliance, Operations, MGA, Digital.
- Be a point of contact for Profit Centres, ROLs, ROSs, and Team Members for answering audit related questions.
- Keep informed of industry and profession developments through a review of online seminars, maintaining related manuals and attending meetings.
- Review and Revamp Audit, IT, ROL/ROS, Cash and other various programs as changes in industry or profession occur.
- Prepare and review the Draft Report and final Report before issuance to relevant parties.
- Perform other specific duties and projects as assigned.
About you:
You’ll already have solid exposure to Internal Audit within the Insurance Industry and be looking for the next step in your career where you can drive a function forwards. You’ll be a qualified accountant ACA/ACCA (or equivalent) and if not already qualified within the Audit arena happy to undertake further professional development. A well-developed skill set that includes high level Communication (Written, Verbal, Video), Analytical, Stakeholder Management, Influencing and Problem Solving skills coupled with the ability to use related Finance and IT related packages. Strong exposure to SOX Audits, GAAP (including US GAAP), working knowledge of IFRS and FCA / Financial Legislation / Rules. Be comfortable when required travelling to various business locations outside of London. Exposure to Auditing of US businesses and Workday Finance is desirable but by no means essential.
The Rewards:
A negotiable salary coupled with all the normal benefits you’d expect (Pension, Life Assurance, Individual PMI, Income Protection (dependant on level), 25 days holiday + Bank Holidays and Flex Benefits post probation. Access to the annual company share save scheme. Full support for ongoing professional development (including fully funded professional qualifications).
Internal Audit Manager employer: Brown & Brown UK
Join a dynamic and forward-thinking company that prioritises growth and compliance within the Insurance sector. As an Internal Audit Manager, you'll collaborate with talented colleagues across various functions, benefiting from a supportive work culture that encourages professional development and offers competitive rewards, including a negotiable salary, comprehensive benefits, and opportunities for further qualifications. Located in the heart of London, this role provides a unique chance to influence the financial operations of a leading organisation while enjoying a balanced work-life environment.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Brown & Brown UK). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Brown & Brown UK. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Internal Audit Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Brown & Brown UK.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Brown & Brown UK. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Brown & Brown UK
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Brown & Brown UK to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Brown & Brown UK, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Brown & Brown UK's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
