At a Glance
- Tasks: Plan and conduct internal audits, providing 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 develop their auditing skills 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 (UK) 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 reflected in our comprehensive training programmes and the opportunity to work alongside industry experts, all while enjoying the flexibility of hybrid working arrangements. Join us to be part of a collaborative culture that values your contributions and supports your career aspirations in the exciting field of internal auditing.
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, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Internal Auditor role.
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their audit processes, regulatory requirements, and recent news. We want you to walk in feeling confident and ready to discuss how your skills align with their needs.
✨Tip Number 3
Showcase your expertise during interviews! Bring examples of past audit projects or process improvements you've implemented. We love seeing candidates who can demonstrate their value through real-life experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate individuals ready to make an impact in the internal audit space.
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 auditing, compliance, and any specific knowledge of regulatory frameworks like US GAAP or IFRS. We want to see how your background fits 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 projects or experiences that relate to internal audits or process improvements.
Showcase Your Qualifications:Don’t forget to highlight your qualifications, especially your accounting designation and any certifications like CIA. We love seeing candidates who are committed to their professional development, so let us know if you’re pursuing further qualifications!
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. Plus, it’s super easy!
How to prepare for a job interview at High Finance (UK) 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 audits.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've conducted audits or implemented process improvements. This will help demonstrate your hands-on experience and how it aligns with what the company is looking for.
✨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 compliance or how they handle Sarbanes-Oxley testing. It shows you’re engaged and thinking critically about the role.
✨Highlight Your Qualifications
If you have an accounting designation or are pursuing your CIA, make sure to mention this during the interview. It’s a great way to set yourself apart and show your commitment to the profession.