At a Glance
- Tasks: Lead internal audits, develop risk-based plans, and report findings to top management.
- Company: A leading reinsurance legacy business with a focus on capital management.
- Benefits: Hybrid working policy, competitive salary, and opportunities for professional growth.
- Other info: Supportive environment with opportunities to guide and mentor audit staff.
- Why this job: Make a significant impact in a dynamic industry while shaping audit strategies.
- Qualifications: Qualified Auditor with 7+ years of experience in internal auditing.
The predicted salary is between 90000 - 120000 £ per year.
My client is a leading Reinsurance legacy business providing capital management and risk transfer solutions to the insurance industry.
Your responsibilities will include:
- Hold SMF5 status in the UK in line with regulatory expectations.
- Use a risk-based methodology to develop a three-year rolling UK audit plan based on the full spectrum of business risks, including concerns and issues raised by the Boards, committees, management and regulators.
- Be responsible for the delivery of the annual UK audit plan.
- Review processes and controls to identify and assess potential areas of risk, including, but not limited to, safeguarding of assets, reliability of financial and management reporting, compliance with laws and regulations and effectiveness and efficiency of operations.
- Discuss findings of internal audit reviews with management in order to support them to develop the most appropriate, proportionate and effective solutions to issues arising.
- Report the results of internal audit reviews, including management proposed action plans, to the Audit Committee, Chief Executive Officer and management.
- Support the Group Head of Internal Audit in drafting Board, Committee, Exco etc presentations/reports.
- Oversee and manage any internal audit staff, providing guidance, direction, and support, where required, to ensure staff meet their objectives.
Profile required:
- Qualified Auditor (internal Audit, financial audit or similar internationally recognised qualification).
- At least 7 years post qualification internal auditing experience, some with non-life insurance, life reinsurance and/or investment management.
- Certification relating to or experience of some of the following areas is also desired: claims management, investment management, risk management, compliance and/or business integration within the life or non-life (re)insurance industry.
Note, this is a full 360 role, requiring delivery of audits, A/C Exec co presentations, support to the Global Head of Internal Audit and team where required. Hybrid working policy available.
Head of Internal Audit (UK) employer: High Finance (UK) Limited T/A HFG
As a leading global insurer based in the heart of the City of London, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. With a permanent hybrid working model, we offer flexibility alongside competitive benefits and opportunities for professional growth within a high-performing finance team. Join us to make a meaningful impact while enjoying a supportive environment that values your contributions and encourages continuous development.
Contact Details:
High Finance (UK) Limited T/A HFG Recruitment Team
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We think this is how you could land Head of Internal Audit (UK)
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We think you need these skills to ace Head of Internal Audit (UK)
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