At a Glance
- Tasks: Join us as an Internal Auditor, testing financial controls and executing audit plans.
- Company: Be part of a global leader in insurance and reinsurance with a strong reputation.
- Benefits: Enjoy hybrid working options and a supportive environment for career growth.
- Why this job: This role offers challenges, development opportunities, and the chance to make a real impact.
- Qualifications: Audit experience in insurance or reinsurance is preferred; pursuing CIA, ACA, or ACCA is a plus.
- Other info: Engage in data analytics initiatives and collaborate with business leaders for continuous improvement.
The predicted salary is between 36000 - 60000 £ 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.
- Hybrid working policy available.
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
Familiarise yourself with the specific internal audit processes used in the insurance and reinsurance sectors. Understanding industry-specific regulations and compliance requirements will give you an edge during interviews.
✨Tip Number 2
Network with professionals already working in internal audit roles within insurance companies. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Brush up on your data analytics skills, as this role involves participating in data initiatives. Being able to demonstrate your proficiency in data analysis tools can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous audit experiences in detail, focusing on how you identified gaps and implemented improvements. Use specific examples to showcase your problem-solving abilities and communication skills during the interview.
We think you need these skills to ace Internal Auditor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant audit experience, especially within the insurance or reinsurance sectors. Emphasise any consulting experience and your pursuit of professional qualifications like CIA, ACA, or ACCA.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific responsibilities from the job description that excite you, such as conducting process walkthroughs or participating in data analytics initiatives.
Showcase Communication Skills: Since effective communication is key for this role, ensure your application reflects your ability to write clearly and concisely. Use straightforward language and structure your documents logically.
Highlight Continuous Improvement Mindset: Demonstrate your commitment to continuous improvement in your application. Mention any past experiences where you've identified gaps or areas for improvement in processes, and how you contributed to enhancing them.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Know Your Audit Fundamentals
Brush up on your knowledge of internal controls and financial reporting. Be prepared to discuss how you would assess compliance and accuracy, as this is a key responsibility in the role.
✨Demonstrate Your Analytical Skills
Since the role involves data analytics initiatives, be ready to share examples of how you've used data analysis in previous roles. Highlight any specific tools or methodologies you've employed.
✨Prepare for Process Walkthroughs
Understand the importance of process walkthroughs in identifying gaps. Think of instances where you've mapped processes and suggest improvements, as this will show your proactive approach.
✨Communicate Clearly and Effectively
Strong communication skills are essential for this position. Practice articulating your audit observations clearly and concisely, as you'll need to convey findings to various stakeholders.