At a Glance
- Tasks: Conduct internal audits and provide valuable process improvement recommendations.
- Company: Global reinsurer with a respected internal audit function.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Ideal for those seeking to advance their career in a supportive environment.
- Why this job: Join a dynamic team and make a real impact in the financial services industry.
- Qualifications: Bachelor's degree in Accounting or Finance, with relevant experience and accounting designation.
The predicted salary is between 50000 - 60000 £ per year.
Working alongside a well-regarded Internal audit function at this global reinsurer, you will be required as an 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 4 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.
Hybrid working available.
Internal Auditor in City of London employer: High Finance Limited
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 complemented by a hybrid working model, allowing for flexibility and work-life balance. Join us to be part of a collaborative culture where your contributions are valued and you can make a meaningful impact in the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Auditor in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in internal audit or reinsurance. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of US GAAP, IFRS, and Sarbanes-Oxley. We want you to be ready to discuss how your experience aligns with the role and how you can add value to the team.
✨Tip Number 3
Showcase your skills through real-life examples during interviews. Talk about specific audit projects you've worked on and the improvements you recommended. This will help us see your problem-solving abilities in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Internal Auditor in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Auditor role. Highlight your relevant experience in internal audits, compliance, and any specific regulatory knowledge you have. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills can add value to our team. Be sure to mention any specific experiences that relate to the job description.
Showcase Your Qualifications:Don’t forget to highlight your qualifications, especially your accounting designation and any relevant certifications like CIA. We love seeing candidates who are committed to their professional development and understand the industry standards.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at High Finance Limited
✨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 auditing in the (re)insurance sector.
✨Showcase Your Experience
Prepare specific examples from your past roles where you’ve conducted audits or improved processes. Highlighting your 2-4 years of experience with real-life scenarios will help demonstrate your capability and fit for the position.
✨Ask Insightful Questions
Come prepared with questions that show your interest in the company’s audit processes and challenges. This could be about their approach to Sarbanes-Oxley compliance or how they handle internal controls testing. It shows you’re engaged and thinking critically about the role.
✨Practice Your Reporting Skills
Since drafting audit reports is a key part of the job, practice summarising complex information clearly and concisely. You might even want to prepare a mock report to discuss during the interview, showcasing your analytical skills and attention to detail.
