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- Tasks: Assist in testing internal controls and executing the audit plan for compliance and accuracy.
- Company: Global leader in insurance and reinsurance with a supportive audit function.
- Benefits: Hybrid working policy, career development opportunities, and a collaborative environment.
- Why this job: Join a dynamic team and make a real impact on financial reporting and operational audits.
- Qualifications: Audit experience in insurance or reinsurance and pursuing relevant professional qualifications.
The predicted salary is between 45000 - 55000 £ per year.
As an Internal Auditor within this global leading provider of insurance and reinsurance, it is a fantastic time to join a well-regarded Internal Audit function. If you thrive in being challenged and developed in a supportive environment and are keen to take the next step in your career within the Internal audit arena, this is the role for you.
Responsibilities:
- Assisting in testing the company's internal controls over financial reporting to ensure compliance and accuracy.
- Assisting in executing the internal audit plan, including participating in underwriting, claims, finance and regulatory control testing as required.
- Aiding in determining the scope of financial controls and operational audits.
- Conducting process walkthroughs with management to map existing processes and identify any gaps or areas for improvement.
- Performing detailed testing and executing audit procedures, including documenting results, drawing conclusions, and effectively communicating findings to relevant stakeholders.
- Participating in data analytics initiatives within the department, working with business leaders to enable continuous monitoring and improvement.
What you will ideally be able to demonstrate:
- Audit experience within an insurance or reinsurance organisation is desirable.
- Practice or consulting experience from an external audit perspective is also welcome.
- Highly effective interpersonal and communication skills, with the ability to write clear and concise audit observations.
- Actively pursuing CIA, ACA, ACCA, or a similar professional qualification.
Internal Auditor employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internal Auditor
✨Tip Number 1
Network like a pro! Reach out to professionals in the insurance and reinsurance sectors on LinkedIn. Join relevant groups and engage in discussions to get your name out there and learn about potential job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of internal controls. We recommend practising common audit scenarios and questions so you can showcase your expertise confidently.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to submit your details and stand out from the crowd. Plus, we love seeing candidates who take the initiative!
We think you need these skills to ace Internal Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Internal Auditor role. Highlight any relevant audit experience, especially in insurance or reinsurance, and don’t forget to mention your pursuit of professional qualifications like CIA or ACA.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your background makes you a perfect fit. Be sure to mention your communication skills and any specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills: Since data analytics is part of the role, make sure to include any relevant experience you have with data analysis. Whether it’s through previous jobs or projects, demonstrating your ability to work with data will set you apart from other candidates.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing applications come in through our platform!
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Know Your Audit Basics
Brush up on your knowledge of internal controls and financial reporting. Be ready to discuss how you’ve tested these in past roles, especially in the insurance or reinsurance sectors. This will show that you understand the core responsibilities of the Internal Auditor position.
✨Prepare for Process Walkthroughs
Think about how you would conduct a process walkthrough with management. Prepare examples from your experience where you identified gaps or areas for improvement. This will demonstrate your proactive approach and analytical skills during the interview.
✨Communicate Clearly
Practice articulating your audit observations clearly and concisely. You might be asked to explain complex findings, so being able to communicate effectively is key. Consider using the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Show Your Enthusiasm for Continuous Improvement
Be prepared to discuss any data analytics initiatives you've been involved in. Highlight your interest in continuous monitoring and improvement within audit processes. This aligns well with the company’s goals and shows that you’re forward-thinking.