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.
- Why this job: Make a real impact in a crucial role within the financial services industry.
- Qualifications: Bachelor's degree in Accounting or Finance and relevant accounting designation required.
- Other info: Ideal for those seeking growth in a global company with diverse opportunities.
The predicted salary is between 48000 - 72000 £ 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.
Senior Internal Auditor - Reinsurance in London employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Internal Auditor - Reinsurance in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their values, recent news, and how they operate in the reinsurance space. We want you to walk in feeling confident and ready to show them why you’re the perfect fit!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and get comfortable discussing your experience. We believe that the more you practice, the more natural it will feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in keeping you top of mind. We recommend expressing your appreciation for the opportunity and reiterating your enthusiasm for the role.
We think you need these skills to ace Senior Internal Auditor - Reinsurance in London
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 in the (re)insurance or financial services industry. 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 progress towards your CIA. This is crucial for us to understand your professional background and commitment to the field. Make it easy for us to see why you’re a great fit!
Be Specific in Your Cover Letter: Use your cover letter to dive deeper into your experience with internal controls and compliance testing. We love seeing specific examples of how you've added value in previous roles. It helps us picture you in our team!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at HFG
✨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 also understand how they apply to internal audits in the reinsurance sector.
✨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 company’s operations and recent developments in the reinsurance market. This knowledge will help you tailor your responses and show that you’re genuinely interested in how your role as a Senior Internal Auditor fits into their overall strategy.
✨Ask Insightful Questions
Prepare thoughtful questions about the internal audit function and the challenges they face. This not only shows your interest but also gives you a chance to assess if the company aligns with your career goals and values.