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.
- Other info: Opportunity to work on diverse projects and support a global audit team.
- Why this job: Make a real impact in the financial services industry while advancing your career.
- Qualifications: Bachelor's degree in Accounting or Finance, with relevant experience and accounting designation.
The predicted salary is between 36000 - 60000 £ 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: 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
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 reinsurance and financial services sectors. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Internal Auditor role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of US GAAP, IFRS, and Sarbanes-Oxley. We want you to be able to showcase your expertise and how you can add value to the audit function right from the get-go!
✨Tip Number 3
Don’t forget to highlight your process improvement recommendations during interviews. We’re looking for candidates who can think critically and provide actionable insights that can enhance our operations.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect with us directly.
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 match what we're looking for!
Showcase Your Qualifications:Don’t forget to mention your accounting designation and any progress towards your CIA. This is key for us! If you’ve got experience with US GAAP, IFRS, or Sarbanes-Oxley testing, make it pop in your application.
Be Specific in Your Cover Letter:In your cover letter, be specific about your past audit engagements and how they relate to our needs. We love seeing concrete examples of how you've added value through process improvements or compliance support.
Apply Through Our Website:Finally, make sure to apply through our website. It’s the best way for us to keep track of your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at High Finance (UK) Limited T/A 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 can apply this knowledge in real-world scenarios.
✨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 hands-on experience and problem-solving skills.
✨Understand the Company’s Operations
Research the reinsurer's operations and recent developments in the industry. Understanding their business model and challenges will help you tailor your responses and show that you’re genuinely interested in the company and its success.
✨Ask Insightful Questions
Prepare thoughtful questions about the internal audit function and how it interacts with other departments. This not only shows your interest but also gives you a chance to assess if the company culture aligns with your values and career goals.
