At a Glance
- Tasks: Evaluate and enhance risk management frameworks and internal controls across various departments.
- Company: Join Everest Advisors, a global leader in risk management with a dynamic culture.
- Benefits: Enjoy a hybrid work schedule, competitive salary, and opportunities for professional growth.
- Other info: Inclusive workplace culture that values collaboration, innovation, and personal development.
- Why this job: Make a real impact in a fast-paced environment while collaborating with a global team.
- Qualifications: Experience in Internal Audit or Public Accounting, preferably in the insurance industry.
The predicted salary is between 55000 - 65000 £ per year.
ABOUT EVEREST: 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.
ABOUT THE ROLE: 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.
As a Senior Internal Auditor, you will be a key member of our internal audit team, responsible for evaluating and enhancing risk management frameworks and internal controls, and governance processes across underwriting, claims, finance, and regulatory compliance. Your role will involve planning, coordinating, and executing comprehensive audit activities to ensure compliance with regulatory guidelines and industry best practices. Your insights will help identify opportunities for improvement and support the company’s strategic objectives.
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 objectives.
- 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.
- 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. So, 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.
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 which is driven by a unified set of values and behaviours.
Our Values are the guiding principles that inform our decisions, actions and behaviours. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviours 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. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Senior Internal Auditor in London employer: FHLB Des Moines
Everest Advisors (UK) is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong commitment to employee growth and a culture that values inclusion and belonging, we empower our team members to thrive while providing innovative risk management solutions. Our hybrid work model, competitive benefits, and focus on professional development make us an attractive choice for those seeking meaningful and rewarding careers in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Internal Auditor in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like FHLB Des Moines looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Internal Auditor in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at FHLB Des Moines. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at FHLB Des Moines
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with FHLB Des Moines’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!