At a Glance
- Tasks: Conduct audits and evaluate internal systems while learning from experienced professionals.
- Company: Reputable insurance firm with a supportive and inclusive culture.
- Benefits: Hybrid working options, professional development, and exposure to senior management.
- Why this job: Gain valuable experience in auditing and make a real impact in the insurance sector.
- Qualifications: Studying or holding a relevant qualification in audit or finance.
- Other info: Opportunity for career growth in a dynamic and collaborative environment.
The predicted salary is between 28800 - 48000 Β£ per year.
Overview: This small yet highly regarded IA function is seeking an Audit professional to join the team. You will be afforded the time to learn and develop your skills whilst also being required to conduct a full lifecycle audits across the operations of the business. Working closely with the HOIA & Internal Audit Manager you will gain invaluable exposure to the wider business and Exco. This is a very inclusive culture where the risk-based approach to Audit is genuinely valued by the business. Hybrid working policy available.
Responsibilities:
- Undertake audits of the business's control framework, projects or systems under development in line with the Audit Plan; or as requested by management.
- Perform the audits according to the accepted audit principles and policies, and evaluate the adequacy and effectiveness of internal systems and controls.
- Develop strong client relationships ensuring the smooth delivery of audits whilst preserving the independence of the audit department and liaise with other control functions to perform an effective audit.
- Contribute to the ongoing identification, monitoring and management of the risks and controls relevant to the role (including articulation of risk appetite) and for reporting and escalating issues as appropriate.
- Perform follow up work to verify and ensure that recommendations raised have been implemented.
- Contribute towards preparing the Audit Pack for presentation to the Audit Committee.
Qualifications: Ideally you will either hold or be studying towards a relevant qualification, ACA, ACCA, IIA, CIA or equivalent, plus ideally have experience within Insurance or wider financial services sectors. This experience can be from either an External or Internal Audit environment.
Additional Information: Hybrid working policy available.
Audit Executive in City of London employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Audit Executive in City of London
β¨Tip Number 1
Network like a pro! Reach out to professionals in the audit and insurance sectors on LinkedIn. We can leverage our connections to get insights and maybe even referrals that could land us an interview.
β¨Tip Number 2
Prepare for those interviews by researching the company culture and values. We want to show that weβre not just a fit for the role, but also for the team. Tailor our responses to reflect their risk-based approach to audit!
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. We can focus on common audit-related questions and get comfortable discussing our qualifications and experiences.
β¨Tip Number 4
Donβt forget to follow up after interviews! A simple thank you email can go a long way. We can express our appreciation for the opportunity and reiterate our enthusiasm for the role.
We think you need these skills to ace Audit Executive in City of London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Audit Executive role. Highlight any relevant qualifications like ACA or ACCA, and donβt forget to mention your experience in insurance or financial services!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre passionate about auditing and how your background makes you a great fit for our team. Keep it concise but engaging β we want to see your personality!
Showcase Your Audit Experience: When detailing your past roles, focus on specific audit projects you've worked on. Talk about the methodologies you used and the outcomes achieved. This will help us see how you can contribute to our risk-based approach.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets into the right hands. Plus, it shows us youβre keen on joining our inclusive culture!
How to prepare for a job interview at HFG Insurance Recruitment
β¨Know Your Audit Principles
Make sure you brush up on the accepted audit principles and policies relevant to the role. Being able to discuss these confidently will show that you understand the fundamentals of auditing and can apply them effectively in your work.
β¨Understand the Business
Take some time to research the companyβs operations, especially within the insurance sector. Familiarising yourself with their control framework and any recent projects will help you ask insightful questions and demonstrate your genuine interest in the role.
β¨Build Rapport
During the interview, focus on building a connection with your interviewers. Show that you can develop strong client relationships by being personable and engaging. This is crucial for ensuring smooth audit delivery and maintaining independence.
β¨Prepare for Scenario Questions
Expect to be asked about how you would handle specific audit scenarios or challenges. Think through examples from your past experience where you identified risks or implemented controls, and be ready to discuss how you approached those situations.