At a Glance
- Tasks: Lead internal audits and provide valuable process improvement recommendations.
- Company: Global reinsurer with a respected internal audit function.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work on diverse projects and grow within a global team.
- Why this job: Make a real impact in the financial services industry while enhancing your auditing skills.
- Qualifications: Bachelor's degree in Accounting or Finance, with relevant experience and accounting designation.
The predicted salary is between 55000 - 70000 £ per year.
Working alongside a well-regarded Internal audit function at this global reinsurer, you will be required as a Senior Internal Auditor to be responsible for:
- Planning and conducting various internal audit engagements across the Group including initiating the planning process, coordinating information gathering, researching applicable operational and regulatory requirements for the relevant engagement, and drafting the audit report.
- Providing value-added process improvement recommendations to business units/functions.
- Having a working knowledge of the regulatory regime and framework applicable to the platform for which you work and applying such knowledge to the internal audit engagements assigned, as applicable.
- Conducting internal controls testing to support compliance with Section 404 of Sarbanes-Oxley.
- Performing ad-hoc internal audit projects and providing support to the Global Audit team as needed.
You will ideally be able to demonstrate the following attributes:
- A Bachelor's degree in Accounting or Finance preferred.
- An accounting designation required (CA, ACCA, CPA or ACA).
- CIA preferred or currently pursuing the CIA designation.
- At least 2 to 5 years of relevant prior experience, either in the (re)insurance/financial services industry or as part of a professional services firm.
- An in-depth knowledge of US GAAP and IFRS, as well as other relevant regulatory and compliance requirements, including BMA Solvency and Capital Requirements, Solvency II, Lloyd's Principles, NAIC statutory reporting requirements, SEC reporting requirements, etc.
- A strong understanding of internal controls and previous Sarbanes-Oxley testing experience, preferably within the (re)insurance/financial services industry.
Desired Skills and Experience: Internal Auditor, Insurance, Reinsurance, Internal audit, Controls.
Senior Internal Auditor - Reinsurance employer: HFG Insurance Recruitment
As a leading global reinsurer, we pride ourselves on fostering a dynamic work environment that encourages professional growth and innovation. Our commitment to employee development is reflected in our comprehensive training programmes and supportive culture, which empowers you to make impactful contributions while working alongside industry experts. Located in a vibrant city, we offer competitive benefits and a collaborative atmosphere that values your insights and promotes a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Internal Auditor - Reinsurance
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. Attend industry events or webinars where you can meet potential employers and showcase your skills. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of US GAAP, IFRS, and Sarbanes-Oxley compliance. Be ready to discuss how your experience aligns with the role of a Senior Internal Auditor. We want to see you shine!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that excite you! Use our website to find roles that match your skills and interests. Tailor your approach to each company’s culture and values.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace Senior Internal Auditor - Reinsurance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Internal Auditor role. Highlight your relevant experience in internal auditing, especially within the (re)insurance or financial services sectors. We want to see how your skills align with what we’re looking for!
Showcase Your Qualifications:Don’t forget to mention your accounting designation and any certifications like CIA that you have or are pursuing. This is crucial for us to understand your professional background and commitment to the field.
Be Specific in Your Cover Letter:In your cover letter, be specific about your experience with internal controls and compliance testing. We love seeing concrete examples of how you've added value in previous roles, so don’t hold back!
Apply Through Our Website:Finally, make sure to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Regulations
Make sure you brush up on the regulatory frameworks relevant to the role, like US GAAP and IFRS. Being able to discuss these confidently will show that you’re not just familiar with the basics but can apply this knowledge in real-world scenarios.
✨Showcase Your Audit Experience
Prepare specific examples from your past roles where you’ve conducted internal audits or compliance testing. Highlight any process improvements you recommended and how they added value to the business. This will demonstrate your practical experience and problem-solving skills.
✨Understand the Company’s Operations
Research the reinsurer's operations and recent developments in the industry. Being able to relate your skills and experiences to their specific needs will set you apart and show that you’re genuinely interested in the role.
✨Ask Insightful Questions
Prepare thoughtful questions about the internal audit function and how it interacts with other departments. This not only shows your interest but also gives you a chance to assess if the company culture aligns with your values.
