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- Tasks: Lead internal audit and controls projects, ensuring client satisfaction and effective execution.
- Company: Join EY, a global leader in professional services, committed to inclusivity and innovation.
- Benefits: Enjoy flexible working, competitive pay, and a range of perks tailored to your needs.
- Why this job: Accelerate your career in a supportive team while making a real impact in the insurance industry.
- Qualifications: 2-3 years in internal audit or risk, ideally within insurance; strong academic record required.
- Other info: Embrace a diverse culture that values your unique voice and perspective.
The predicted salary is between 43200 - 72000 £ per year.
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. Join us and build an exceptional experience for yourself, and a better working world for all.
Our Internal Audit & Controls team provides confidence to our clients and their stakeholders through the rigorous independent assessment of process and controls. This is done through the appropriate use of internal audit skills, building strong relationships, coupled with industry insight in the Financial Services market.
We are in the process of continuing to build our ever-growing Financial Services Internal Audit & Controls practice and are looking for driven professionals with a strong background in Financial Services Internal Audit & Controls. This role offers exceptional opportunities for personal growth and advancement, enhancing your wider business knowledge, and to build internal and external relationships across disciplines and borders.
Your key responsibilities include:
- Planning and delivering internal audit and controls engagements that meet clients’ needs and expectations.
- Using pre-existing methodologies to deliver engagements.
- Preparing deliverables for Manager and Partner review against quality expectations.
- Maintaining active communication with both Managers/Senior Managers and clients to manage expectations and ensure client satisfaction.
- Understanding our service offerings and seeking to identify opportunities to better serve clients.
- Assisting Managers with the development of client proposals and engagement contracts.
- Overseeing and coaching graduate level colleagues.
- Ability to operate with stakeholders/manage projects which potentially span all functions within client organisations.
- High level of drive, commitment to achieving solutions and ability to work and lead under pressure.
To qualify for the role, you must have some or all of the following:
- Strong academic record including at least a 2.1 classified degree or equivalent; a professional qualification would be advantageous.
- Ideally 2-3 years track record of delivering controls, risk, regulatory or internal audit assessment reviews in the insurance industry.
- Good understanding of the insurance industry and the role of key functions within an insurance company and/or broker.
- Solid understanding and experience of regulation and compliance hot topics in the Insurance sector.
- Experience of performing reviews against regulatory requirements and expectations.
- Good understanding and experience of using standard IT platforms and software packages, such as Microsoft Word, PowerPoint, Excel, SharePoint and Outlook.
- Strong stakeholder management skills.
- Be commercially savvy and able to collaboratively engage in discussions on future market trends.
- Be a problem solver; tailoring what you have learnt from your experiences to different client problems.
We are looking for highly motivated and professional candidates who are excited by the opportunity to help us develop and grow a team of high performing consultants. Being a strong team player is important as well as someone who is happy to work flexibly on different clients and different engagements.
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build. Apply now.
Senior Consultant, Insurance, Process & Controls employer: EY
Contact Detail:
EY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Consultant, Insurance, Process & Controls
✨Tip Number 1
Familiarise yourself with the latest trends in the insurance industry, especially around internal audit and controls. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals already working in internal audit and controls within the insurance sector. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed projects or teams in previous roles. Highlighting your leadership skills and ability to drive results will resonate well with the hiring managers at EY.
✨Tip Number 4
Showcase your understanding of disruptive technologies like Artificial Intelligence and how they impact internal audit processes. Being able to articulate this knowledge will set you apart as a forward-thinking candidate who can contribute to the future of the industry.
We think you need these skills to ace Senior Consultant, Insurance, Process & Controls
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in internal audit, risk, and controls, particularly within the insurance industry. Use specific examples that demonstrate your skills and achievements related to the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role at EY. Mention how your background aligns with their focus on internal audit and controls, and how you can contribute to their goals.
Highlight Relevant Skills: In your application, emphasise your understanding of regulatory requirements and compliance hot topics in the insurance sector. Showcase your stakeholder management skills and ability to work under pressure, as these are key attributes for the role.
Showcase Continuous Learning: Demonstrate your commitment to professional development by mentioning any relevant certifications or training you've completed. This aligns with EY's emphasis on continuous learning and personal growth.
How to prepare for a job interview at EY
✨Understand the Insurance Landscape
Familiarise yourself with the key functions within the insurance industry, such as underwriting, claims management, and compliance. This knowledge will help you demonstrate your understanding of the sector during the interview.
✨Showcase Your Audit Experience
Be prepared to discuss your previous experience in internal audit or controls projects. Highlight specific examples where you successfully delivered assessments or managed client relationships, as this will showcase your relevant skills.
✨Emphasise Stakeholder Management Skills
EY values strong stakeholder management. Prepare examples of how you've effectively communicated with clients and colleagues, managed expectations, and ensured satisfaction in past roles.
✨Demonstrate Adaptability and Problem-Solving
Discuss instances where you've tailored solutions to meet client needs or adapted to changing circumstances. This will illustrate your ability to thrive in a dynamic environment, which is crucial for the role.
