At a Glance
- Tasks: Conduct audits, assess risks, and provide actionable recommendations to enhance internal controls.
- Company: Join Everest, a top global leader in risk management with a vibrant culture.
- Benefits: Enjoy a hybrid work schedule, competitive salary, and opportunities for professional growth.
- Other info: Be part of an inclusive team that values collaboration and personal development.
- Why this job: Make a real impact in a dynamic environment while developing your auditing skills.
- Qualifications: Experience in Internal Audit or Public Accounting, preferably in the insurance sector.
The predicted salary is between 60000 - 75000 £ per year.
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
Everest Advisors (UK), a member of Everest Group, Ltd., is seeking an experienced Internal Auditor with London Market Insurance experience to be part of our Global Internal Audit team at Everest's expanding international operations. The role will be based in London, United Kingdom. This position will report to the Internal Audit Director, who is based in London. The role will follow a hybrid work schedule of up to 2 days per week remote, and 3 days per week in office.
Everest is a dynamic global P&C reinsurance and insurance organisation, ranked within the top ten P&C insurers in the world. Highly diversified, Everest delivers innovative solutions to clients, helping them achieve their goals and manage their risks while providing a stable portfolio for our shareholders. We offer a fast-paced, collaborative work environment with a culture that empowers, challenges, and stimulates employees to thrive and achieve their potential with ample opportunity for growth.
Responsibilities
- Assist in the annual risk assessments and in developing a risk-based audit plan.
- Evaluate the effectiveness of internal controls, governance frameworks, and risk management processes.
- Perform detailed walkthroughs of financial and business processes.
- Test and assess the effectiveness of internal controls over financial reporting and provide actionable recommendations where needed.
- Execute operational audits, manage communication of identified issues, and monitor timely resolution.
- Collaborate with business partners to understand operational changes, growth targets, and risk drivers.
- Manage multiple projects, prioritising objectives, and monitoring budgets in a dynamic environment.
- Present audit findings to senior management and recommend improvements to support business strategies.
- Stay updated on industry trends, regulatory changes, and best practices.
- Collaborate with colleagues across the global IA team.
- Mentor and develop junior team members.
Requirements
- Experience in Internal Audit or Public Accounting post professional qualification preferably with experience in the London Market or general insurance industry.
- Relevant professional certification such as Certified Internal Auditor (CIA), Chartered Accountant (CA or ACA), or Certified Public Accountant (CPA) is highly encouraged.
- Strong understanding of insurance risk, underwriting, claims, finance, and regulatory compliance.
- Strong understanding of the Global Internal Audit Standards.
- Knowledge of Solvency II, IFRS 17, Principles for doing business at Lloyd's, and other relevant regulations.
- Experience in assessing the design and operating effectiveness of Internal Controls, with a strong preference for experience in Sarbanes-Oxley requirements and PCAOB Auditing Standards.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and interact effectively with senior stakeholders.
- Strong report-writing skills and attention to detail.
- Proficient in MS Office tools such as Excel, Word, and PowerPoint.
- Right to work in the UK.
Preferred Skills
- Experience in data analytics or audit purposes.
- Exposure to technology and operational risk audits within an insurance environment.
- Understanding of emerging risks (e.g. AI in insurance, ESG, cyber).
At Everest we are dedicated to building an inclusive and authentic workplace. If you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture driven by a unified set of values and behaviours.
Our Values are the guiding principles that inform our decisions, actions and behaviours: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviours across the company.
Logistics
Type: Regular
Time Type: Full time
Primary Location: London
Senior Internal Auditor in London employer: Everest
Everest Advisors is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, we provide ample opportunities for growth and advancement within the reinsurance sector, alongside a competitive benefits package that supports work-life balance. Join us to be part of a high-performing team that is shaping the future of facultative portfolio solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Internal Auditor in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Everest or similar companies. A friendly chat can open doors and give you insights that might just help you land that Senior Internal Auditor role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of the London Market Insurance. Familiarise yourself with current trends and regulations like Solvency II and IFRS 17. Showing that you’re in the know will impress the hiring team!
✨Tip Number 3
Don’t forget to showcase your soft skills! Communication and problem-solving are key in this role. Think of examples from your past experiences where you’ve demonstrated these skills and be ready to share them during your interview.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Everest team. Don’t hesitate – get your application in today!
We think you need these skills to ace Senior Internal Auditor in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Internal Auditor role. Highlight your experience in internal audit and any relevant certifications, like CIA or ACA. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about joining Everest and how your background fits into our culture and values. Let us know what makes you tick!
Showcase Your Skills:Don’t forget to highlight your analytical and problem-solving skills in your application. We’re looking for someone who can assess internal controls and communicate findings effectively, so make sure to give us examples!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows you’re serious about joining our team at Everest!
How to prepare for a job interview at Everest
✨Know Your Stuff
Make sure you brush up on your knowledge of internal audit processes, especially in the London Market Insurance sector. Familiarise yourself with key regulations like Solvency II and IFRS 17, as well as the Global Internal Audit Standards. This will show that you're not just a candidate, but someone who understands the industry.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've evaluated internal controls or conducted operational audits. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you demonstrate your problem-solving abilities and how you can add value to Everest's audit team.
✨Engage with Their Values
Everest places a strong emphasis on their values like collaboration, inclusion, and leadership. Think about how your personal values align with theirs and be ready to share examples of how you've embodied these principles in your previous roles. This will resonate well with the interviewers.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in the role and the company. Inquire about their approach to emerging risks like AI in insurance or how they foster a culture of continuous improvement. This not only demonstrates your enthusiasm but also helps you gauge if Everest is the right fit for you.